Definitions for "Community Foundation" Add To Word List
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A foundation that is established through funds contributed by many donors. The organization's elected board of directors controls the resources of the organization.
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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.
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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.
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A community foundation is a permanent charitable public benefit organization supported by local donors and governed by a board of private citizens who speak for the needs and well being of the community. The Internal Revenue Service designates community foundations as public charities because they raise a significant portion of their resources from a broad cross section of the public each year.
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a charitable giving organization, intended to provide assistance to a specific geographic area
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a charitable organization that derives its funds from gifts provided by its citizens
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a collection of charitable funds established by individuals, families and organizations
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a collection of charitable gifts both large and small
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a collection of endowed funds established by
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a collection of funds built through charitable contributions dedicated to improving the quality of life for the people in their community
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a collection of funds created by local donors to support causes that they care about in their community
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a collection of individual charitable gifts from people like you
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a collection of individual funds and resources given by local citizens to enhance and support the quality of life in their community
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a collection of separate funds established by individuals and corporations - a community of donors - to enhance the quality of life in a local area
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a collection of separate funds established by individuals, organizations and others to support the future and sustain the present of a community
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a community-based philanthropic organization that makes grants from individually established charitable funds to not-for-profit organizations and individuals
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a fund established to support charitable organizations in a specified geographic area or community and is classified as a public charity
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a gathering of assets and ideas that serve a defined geographical area
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a local, public charity established to provide an easy way for people to give assets or leave assets to their community or to specific entities, such as public libraries, community centers, parks, etc
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an aggregation of funds held for the charitable benefit of a community in perpetuity, the income of which is used to meet the community's charitable needs
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an aggregation of individual funds and resources, the income from which is used to meet the charitable needs of a community (however that community is so defined)
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a natural evolution for the organization, as the Alliance sees the need in the region for a funding entity to address a range of quality of life issues, including health care, infrastructure, housing and crime and safety
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a nonprofit charitable organization that has been created by and for the people of a community to help donors do good work
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a philanthropic organization, organized and operated primarily as a permanent collection of endowed funds, the earnings of which are used for the long-term benefit of a geographically defined community
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a public charity, managed by a board of directors made up of members of the local community
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a public charity that enables individuals and qualified organizations to establish or contribute to permanent charitable funds
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a public charity that encourages investment in the community and helps donors achieve their specific charitable goals
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a public charity whose sole function is to facilitate charitable activities of individuals, companies and other charities
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a publicly supported foundation that supports charitable organizations in a specific geographical area
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a public trust that works with donors to build endowed funds that will perpetually support the needs of the geographical area served by that foundation
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a tax-exempt, non-profit, publicly supported, philanthropic institution organized and operated primarily as a permanent collection of endowment funds for the long-term benefit of a defined geographic area
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a tax-exempt, not-for-profit, autonomous, publicly supported, philanthropic institution comprised primarily of permanent funds endowed by many separate donors for the long-term benefit of the residents of a defined geographic area
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a tax-exempt public charity, created by and for the members of a community, for the purpose of promoting projects and programs which benefit that community
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a tax-exempt public charity created by and for the people in a local area
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a tax-exempt public charity that enables people like you to establish charitable funds
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a tax-exempt public charity that is made up of a number of grantmaking funds established by individuals, families and corporations
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a vehicle for creating a permanent community endowment
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A special form of public charity, organized to channel gifts from individual and corporate donors to a variety of charitable organizations in the local community. It is a publicly supported philanthropic institution governed by a local board of private citizens. Community foundations are the fastest growing sector of philanthropy in the United States.
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A community foundation is a tax-exempt, not-for-profit, autonomous, publicly supported, non-sectarian philanthropic institution with a long-term goal of building permanent, named component funds established by many separate donors for the broad-based charitable benefit of the residents of a defined geographic area.
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A 501(c)(3) organization that can accept donations of all sizes and use income from donations to benefit the charitable work in a particular geographic area
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A foundation that builds assets through a broad base of community. Contributions from multiple sources, usually within a defined geographic area. CF's support charitable activities focused primarily on local needs, and are designated "public" versus "private" foundation as they receive the major portion of their resources from the general public rather than a single individual or family.
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A community foundation is a tax-exempt, nonprofit, autonomous, publicly supported, philanthropic institution composed primarily of permanent funds established by many separate donors for the long-term diverse, charitable benefit of the residents of a defined geographic area. Typically, a community foundation serves an area no larger than a state. Community foundations provide an array of services to donors who wish to establish endowed and non-endowed funds without incurring the administrative and legal costs of starting independent foundations.
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A tax-exempt, nonprofit, publicly supported institution whose funds are established by many separate donors for the long-term benefit of residents of a defined area, such as a community or state. Community foundations provide many services to donors who wish to establish endowed funds without incurring the administrative and legal costs of starting independent private foundations.
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An independent philanthropic organisation working in a specific geographic area which, over time, builds up a collection of endowed funds from many donors in the community. It provides services to the community and its donors, makes grants and undertakes community leadership and partnership activities to address a wide variety of needs in its service area. (Adapted from a statement by Suzanne Feurt) A community foundation is a vehicle for local donors who wish to contribute their cash, trusts, bequests or real property to create permanent endowments that will benefit the community in perpetuity. Using the investment earnings on each endowed fund, a community foundation makes and builds capacity within the community to address local needs and opportunities. Their task is to build substantial, permanent funds from which grants are made to local charitable and community organisations. These funds function much like permanent community savings accounts, where the community - personified in the Board and its decision-making bodies - has the say over how to distribute the earned interest.
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A 501(c)(3) organization that makes grants for charitable purposes in a specific community or region. The funds available to a community foundation are usually derived from many donors and held in an endowment that is independently administered; income earned by the endowment is then used to make grants. Although a community foundation may be classified by the IRS as a private foundation, most are classified as public charities and are thus eligible for maximum tax-deductible contributions from the general public. See also 501(c)(3); public charity.
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Community foundations are tax-exempt public charities serving individuals who share a common goal: to improve the quality of life for all citizens in their region. Individuals, families, businesses and organizations establish permanent endowment funds, which the Foundation invests and administers. Community foundations focus on specific geographic areas. Corporate Foundation: A type of private foundation that receives its funding from the for-profit company whose name it bears, but is legally an independent entity. Council on Foundations (COF): The international membership association that serves the public good by promoting knowledge and growth and enhancing responsible and effective philanthropy.
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A tax-exempt, nonprofit, publicly supported institution whose funds are established by many separate donors for the long-term benefit of nonprofit organizations within a defined area. Typically, a community foundation serves an area no larger than a state. SCCF and NCF are Christian Community Foundations.
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a nonprofit organization that receives funds and distributes them, or any income from them, for charitable purposes in a specific geographic area.
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A philanthropic foundation that is specifically committed to support of organizations and/or programs in its own community.
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Community foundations are instruments of civil society designed to pool donations into a coordinated investment and grant making facility dedicated primarily to the social improvement of a given place.
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