Community Foundations

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.

From the New Economics Foundation, Mission Possible considers how foundations might more effectively use a proportion of their endowment in support of the change they set out to create – their mission. Starting from the premise that paths are made by walking, it explores the potential of ‘mission-connected investment’ or MCI – defined as investment which promises a market return but also helps to achieve mission.

From Rockefeller Philanthropy Advisors, this publication that can inform decisionmakers in philanthropy about how to move forward and implement an agenda for impact investing in their institutions.

Types of car donation programs and their impact on tax-exempt status, taxable income, and deductible contributions.

The guide aims to inspire individuals and citizen groups to act in organized, effective ways to help people in communities hit by disasters to reclaim their future. It includes concrete suggestions and clear steps towards recovering, rebuilding and re-establishing a sense of security, safety and vitality in these communities.

A guidebook from the Jessie Ball duPont Fund detailing lessons learned from their efforts in the disaster recovery and rebuilding efforts after the rash of tornadoes that devastated Alabama in April 2011.

With the development of the National Disaster Recovery Framework (NDRF), FEMA worked to create systems that can supplement, and not replace, current and ongoing community planning and recovery efforts.

In the aftermath of a disaster or in other emergency hardship situations, individuals, employers and corporations often are interested in providing assistance to victims through a charitable organization. The IRS provides a number of resources to help those involved in providing disaster relief through charities.
 

IRS document outlining lobbying issues of tax-exempt organizations.

Tax-exempt organizations must make annual returns and exemption applications filed with the IRS available for public inspection and copying upon request. In addition, the IRS makes these documents available. These FAQS relate to the public disclosure and availability of documents filed by tax-exempt organizations with the IRS.

From Mission Investors Exchange, 2012

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