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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In this issue:
- Council Submits Extenders Testimony
- IRS Releases Proposed Form 1023-EZ
- Georgetown Exempt Organizations Law Program
- Philanthropy News and Op-Eds
In this issue:
- Latest on Tax Extenders Movement
- Wyden Elected Joint Committee on Taxation Chair
- Other Interest Groups Speak Up on Tax Reform
- Regulatory News
- Philanthropy News and Op-eds
Silicon Valley Community Foundation is in the heart of the San Francisco Bay Area, close to the campuses of companies like Google, Facebook and Apple. Companies like these have made the region a leader in the global economy and a hub of innovation. The Bay Area is home to a diverse population of more than 7 million people, a number expected to grow by 2 million by 2040. Where will these people live and work? What impact will they have on our air, water, open space, traffic and climate?
The proudest moment of Ruben Garcia’s life was when he watched his first child graduate from Boulder High School last spring.
The father of three and his wife know how much it took for their son to reach the important milestone. They will tell you that their work with him started before preschool.
The Community Foundation of Western Nevada embarked upon a resident engagement initiative in 2013 centering on improving the lives of runaway, homeless and aging-out foster youth, ages 12-24.
Are you looking for ways to improve innovation at your organization? Sometimes innovative ideas aren’t shared because people don’t know who to take them to. Or, they think that others would judge the idea’s value based on the person contributing it. If you are looking to spur innovation at your organization, consider creating an online tool to collect ideas.
In this week's Washington Snapshot, you'll find:
"We need more agency for people in communities, not just people with money. We’re giving so much voice to new people moving in...My grandmother shouldn't have to battle to keep her apartment."
These words were spoken by Donovan, a 16-year-old resident of East New York, last month in a roundtable meeting with young men from neighborhoods across Brooklyn.