Community Foundations

Community foundations are grantmaking public charities that are dedicated to improving the lives of people in a defined local geographic area. They bring together the financial resources of individuals, families, and businesses to support effective nonprofits in their communities. Community foundations vary widely in asset size, ranging from less than $100,000 to more than $1.7 billion.

Community foundations play a key role in identifying and solving community problems. In 2011, they gave an estimated $4.3 billion to a variety of nonprofit activities in fields that included the arts and education, health and human services, the environment, and disaster relief. The Community Foundations National Standards Board confirms operational excellence in six key areas—mission, structure, and governance; resource development; stewardship and accountability; grantmaking and community leadership; donor relations; and communications. Foundations that comply with these standards can display the official National Standards Seal. Right now nearly 500 community foundations have earned the seal.

More than 750 community foundations operate in urban and rural areas in every state in the United States; currently, more than 570 belong to the Council on Foundations. The community foundation model also has taken hold around the world. According to the 2010 Community Foundation Global Status Report, there are 1,680 community foundations in 51 countries. Forty-six percent exist outside of the United States. You can use our Community Foundation Locator to view a list of community foundations in the United States.

Below is everything on our site for community foundations. We highly recommend that you use the navigation or our search feature to find what you're looking for on our site.

Many foundation staff remain mystified (and enamored) with mission investing and the promise it holds for leveraging foundation resources to support their missions. However, it is clear that many foundations do not fully understand the full complement of mission investing strategies and how to implement them effectively.

This white paper provides a review of critical governance issues that foundations must consider to remain in compliance with prevailing and emerging laws and regulations. Readers can expect content focused on Trustee fiduciary responsibilities as relates to duties of care, loyalty, and responsibility.

This white paper outlines best practices with proven results that foundations can use to find and create a diverse and inclusive staff and investment advisory team. Readers will learn how to make the business case for more diverse and equitable strategies and link success in this area with investment results.

Today, Independent Sector and the Council on Foundations, supported by 18 other leading philanthropic and charitable organizations, urged Congress to take immediate action to make permanent the three currently expired charitable giving incentives that are part of the tax extenders package. Collectively representing tens of thousands of charities and foundations across the charitable sector, these organizations also held an event on Capitol Hill to brief lawmakers on the value of these incentives and sent a letter calling for swift legislative action.

We have heard from many of you that it would be valuable to have some points to reference as you speak to your colleagues and board about the value of your engagement with the Council on Foundations.

Only you can authentically speak about your experience and reasons to continue your membership with the Council. Whether you attended a training session, met new colleagues at a conference, utilized research tools, or received valuable guidance from the legal team, these interactions help convey your positive experience with the Council.

On September 25th at the United Nations, 193 countries ratified the Sustainable Development Goals, a set of global targets that will serve as a new global framework for how governments, philanthropy, non-profits, and the private sector can work together to address challenges all of us and the communities we serve face on a local and global scale. Council staff have been participating in conversations about achieving these goals and philanthropy’s critical role in this endeavor.

In the last year, there has been a spike in the number of refugees fleeing into Europe. There are still three-and-a-half months left in 2015, but the number of arriving refugees this year is already more than double the amount from all of 2014. The camps and centers that some refugees are forced to stay in are overcrowded and often lack food, water and other basic necessities.

The Council submitted comments to the Department of Treasury regarding the Form 990. These comments highlighted elements of the Form that our Legal Affairs team receives inquiries about most often, and that we've found to create issues for participants of our National Standards for U.S. Community Foundations® program.

Data gathered from 244 private and community foundations participating in the 2014 Council on Foundations–Commonfund Study of Investment of Endowments for Private and Community FoundationsTM (CCSF) show that the 142 private foundations participating in the study reported an average return of 6.1 percent for the 2014 fiscal year (January 1 – December 31, 2014), down from the 15.6 percent return reported for FY2013, while the 102 participating community foundations reported an average return of 4.8 percent for FY2014 compared to last year’s average return of 15.2 percent.

Delivered Monday, July 13 during the 2015 NAACP National Convention along with Senator Casey, Congresswoman Debbie Wasserman Schultz, Chairman G.K. Butterfield and more.

The full video remarks can be viewed here with Vikki Spruill starting at 1:11.