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.
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A few weeks ago, we were happy to join several hundred of our colleagues in San Francisco for Hispanics in Philanthropy’s (HIP) 2015 Conference and HIPGiver Gala. The daylong series of events focused on Latino leadership in the philanthropic sector, as well as exploring the needs and opportunities for investing in the Latino community.
Humble. If there were one word that ought to drive philanthropists, that’s it. I am not saying it is always a word that does drive us. I am saying it ought to be.
It can be exciting and fulfilling to work in the world of philanthropy, to collaborate and work with generous people, smart and committed community leaders, and visionaries — to feel that your effort makes a positive difference in the world.
Low-income families typically have few options for emergency cash, forcing many to rely on high-cost payday loans for unexpected financial needs. But these loans, which are disproportionately marketed to low-income and minority communities, lead to repeated cash shortages that drive consumers to take out successive payday loans, trapping them in vicious cycles of debt.
I recently had the opportunity to interview Emily Kessler, the interim director of Emerging Practitioners in Philanthropy. In this interview, Emily shares how she got her start in philanthropy and what she is hoping to do to help emerging professionals and increase the value of an EPIP membership.
Last week, the Milstein Commission, a national initiative co-chaired by Steve Case and Carly Fiorina, released a report, Can Startups Save the American Dream? The report highlighted over how the past quarter-century, startups and small businesses accounted for 65% of net job creation, yet today, job creation among startups is at its lowest point since 1980.
As my boss and Blackbaud CEO Mike Gianoni noted, “#GivingTuesday has gone from a simple idea to become a genuine global phenomenon.” The unofficial start to the end-of-year giving season once again kicked off this #GivingTuesday, December 2nd 2014, and with #UNselfies shared and charitable gifts made, giving is in full-swing.
An article recently published in Research & Development shared how researchers are using social media to draw attention to their research. Discussing their work with reporters and sharing on social media seemed to increase the likelihood that one’s research is cited, thereby increasing their work’s impact. With that being said, how is your organization drumming up interest with social media? Are you using it simply as an awareness tool or are you active