This guidebook, originally drafted in 2009 to summarize the redesigned Form 990 filing requirements applicable to community foundations, incorporates IRS updates through the 2013 Form 990. The Fiscal & Administrative Officers Group For Community Foundations’ Accounting Practices Committee has again worked with Deloitte Tax to incorporate the IRS changes to the 2013 Form 990 into this guidebook.
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. You can use the filtering options on the right to narrow these results.
Your giving program looks like a convenient vehicle for fulfilling personal charitable pledges. Here’s what you need to know about when to say “no.”
Working in collaboration with the Center for American Progress, the Council co-hosted conversations among foundations, community development financial institutions, and investment firms about social impact bonds and Pay for Success. Out of these conversations, two issue briefs were created:
Based on interviews with more than 150 community foundations, the Monitor Institute team developed this list of generic roles community philanthropy organizations play in their communities through their What's Next for Community Philanthropy initiative.
Starting in February, the Council will feature community foundations and stories that exemplify these roles as part of the Community Foundation Centennial initiative.
The Council on Foundations, in collaboration with BoardSource, is proud to announce the publication of an easy-to-use guide for new foundation board members. This publication is designed as a basic guide for new foundation board members, providing an introduction to tools and knowledge essential in your first years of service on the board of a foundation.
Private foundations and public charities, including community foundations, may meet with legislators and legislative staff, but must use caution when considering topics to discuss with legislators. This document contains some general guidelines to consider prior to visiting with legislators.
The Scrivner Award for Creative Grantmaking was established in 1985 to recognize a grantmaker who has demonstrated outstanding creativity. It honors grantmakers who, with a combination of vision, principle and personal commitment, are making a critical difference in a creative way. The award was created as a memorial to the late Robert Winston Scrivner, former staff associate of the Rockefeller Brothers Fund and first executive director of the Rockefeller Family Fund, by a number of his friends and colleagues.