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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The 2014 Board Compensation Tables provide foundations with tools to benchmark their board compensation practices against peers in the field. Containing data collected through the Council’s 2014 Grantmakers Salary and Benefits survey, this report offers detailed breakdowns of the data by foundation type and asset size.
The 2014 Salary Tables provide aggregate information on staff salaries among U.S. foundations and corporate giving programs. The tables compile data on nearly 9,500 full-time employees from across the country, and include information by type of foundation and region. Mean, median, range, 25th, and 75th percentiles are provided.
Join the Council for a briefing by Purdue University’s Military Family Research Institute (MFRI) on Monday, August 11 at 1:00 PM ET, regarding mental health issues faced by Active, Guard, and Reserve service members and their families.
Are you new to philanthropy and unsure about the due diligence process for making a successful grant? Have you been in the field for several years, but are still unclear on the legal aspects of grantmaking or how to spot red flags in grantee financial statements? If you answered "yes" to any of the above, please consider joining us for NCG's 2014 New Grantmakers Institute.