From The Chicago Community Trust, this guide is for all nonprofit organizations that share The Chicago Community Trust's commitment to diversity:
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.
Audits are everywhere these days. Consider:
From the Center for Effective Philanthropy, most of foundations’ efforts to contribute ‘beyond the money’ has little beneficial impact on grantees. More than Money: Making a Difference with Assistance Beyond the Grant reveals that only when foundation staff provide assistance beyond the grant in one of two ways do grantees report a substantially more positive experience with their funders. Three exemplary foundations are profiled: Hartford Foundation for Public Giving, Winter Park Health Foundation, and the Wallace Foundation.
From Grantcraft: whether it's introducing new ideas into your foundation or offering constructive feedback to a grantee, grantmakers can develop personal strategies to meet the "soft" challenges of grantmaking. Effective personal strategy helps practitioners use their understanding of self and role - as learner, analyst, bridge builder - to manage the tensions that come with the job. In this guide, contributors discuss the elements of personal strategy and how it helps grantmakers to leverage their strengths in service to their objectives.
Community foundations that award scholarships and other grants to individuals from funds with donor involvement should be sure these funds comply with the requirements of the Pension Protection Act of 2006.
We urge community foundations to review this resource in conjunction with our sample board resolution.
WHEREAS, The XYZ Community Foundation (the “Community Foundation”) has funds that were established for the purpose of providing scholarships and other charitable awards to individuals; and
WHEREAS, federal legislation enacted in August 2006 amends certain provisions of the Internal Revenue Code of 1986, as amended (the “Code”), prohibiting donor advised funds, as defined in Code Section 4966 (“Section 4966 Donor Advised Funds”), from making grants to individuals; and
The Philanthropy Exchange is a private social network that allows Council members to connect with peers. On the Exchange, members can discuss topics of shared interest, share resources, and develop stronger relationships that advance their work. Watch this 2-minute video walk-through to get a feel for the platform.
This new media marketing portfolio provides community foundations with resources they can use to call attention to the good work you do every day in your home community. Take advantage of these tools and messages to communicate your organization’s unique role and place among residents, donors and leaders. The portfolio includes
The report explores the ways in which infrastructure organizations think about the value and the mechanics of collaboration—the drivers and barriers to collaborative work—and to determine ways to encourage more effective partnerships. The publication features a framework for understanding different types of collaboration, a set of recommendations for better collaboration, and a series of case studies that show a range of partnerships that tease out the potential benefits and challenges of various kinds of collaboration.