This conference call featured conversation with respected development and community foundations leaders with firsthand experience building operating endowments as they shared an overview of operating endowment campaigns and an analysis of a successful campaign.
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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Advance best practices within your organization through professional development, expanded knowledge, and these other valuable Council resources.
The Healthy, Hunger-Free Act of 2010 authorizes funding for federal nutrition programs including:
Community Foundation Week (#CFWeek) is a prime opportunity to highlight the critical role of community philanthropy in supporting a thriving local community.
The Council on Foundations will promote #CFWeek through a variety of channels. We hope to work with you to elevate the important work of community foundations. To help you spread the word, we have created a brief Community Foundation Week Toolkit with materials to help you reach out to media, social networks, and government officials.
Donor advised funds are specifically defined in Section 4966(d)(2) of the Internal Revenue Code as a “fund or account
Community Foundations are the backbone of thriving communities—and here is the evidence. These studies and reports provide fact-driven, data-based evidence illustrating the importance and impact of Community Foundations.
Community Foundation leaders, staff, board members, and others wanting to learn more can exchange ideas, perspectives, and information about the issues that matter most to them – and to the philanthropic sector as a whole – on the Philanthropy Exchange.