Definitions for "Community Foundation"
A foundation that is established through funds contributed by many donors. The organization's elected board of directors controls the resources of the organization.
A type of foundation formed by broad-based community support from multiple sources: trusts, endowments, individual contributions, private foundations, or corporate grants. A community foundation generally makes grants only within a specified geographic area and is governed by a board representing the community it serves. Some community foundations offer donor-advised funds to contributors.
A 501(c)(3) organization that makes grants for charitable purposes in a specific community or region. Most community foundations are classified as public charities, which are eligible for maximum income tax-deductibility of contributions.
an ideal place for venture philanthropy to flourish
Keywords:  proven, way, difference, making
a proven way of making a difference in a community
Keywords:  classic, expression, life, values
a classic expression of community life and values