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. We highly recommend that you use the navigation or our search feature to find what you're looking for on our site.

The Public Policy and Legal Affairs team at the Council diligently follows and consistently engages on regulatory matters that impact the nonprofit and philanthropic sector. See below for comments and letters the Council has submitted on behalf of our members and the field to strengthen philanthropy.

Summit Partners

The Council would like to thank all of our partners for their support of the 2015 Endowments and Financial Services Summit.

Education Partner

TIAA-CREF Institute

The Council actively asserts its leadership role in the global policy space to ensure a positive regulatory environment for global philanthropy. To do that, the Council develops substantive policy positions on behalf of its members and submits regulatory comments and letters to U.S. policymakers, foreign governments and intergovernmental bodies, and advocates before domestic and international bodies that set policies that impact cross-border philanthropy.

The Council on Foundations supports mandatory electronic filing of Form 990s and publicly-available data about the nonprofit sector, while cautioning lawmakers to involve nonprofits in implementation and ensure adequate data protection.

Several years ago, the IRS began requiring electronic filing, or e-filing, of Forms 990 and 990-PF for certain classes of tax-exempt organizations; it also made e-filing an option for all filers. Many organizations already choose to e-file for the efficiency it affords, and each year increasing numbers of organizations are making the transition.

The Council supports recent efforts by the Department of the Treasury (Treasury) and Internal Revenue Services (IRS) to provide much-needed clarity on the political activities of tax-exempt organizations. However, the Council strongly opposes any new rules that would dampen nonpartisan activities and civic engagement efforts of nonprofit organizations.

Engage With Your Lawmakers Today!

Advocacy and engagement with lawmakers is an essential part of preserving and strengthening philanthropy. It provides an opportunity for you to communicate—in a variety of ways—the positive impact of charitable giving in the lives of their constituents every day, and ensure that they understand how the decisions they make in Washington matter at home.

Many recognize this. From those who do, we hear:

The Council has concerns about proposals in recent years that would expand the scope of the unrelated business income tax.

The Council opposes any policy proposal that would eliminate types of supporting organizations and reduce the variety and flexibility of charitable giving tools available to foundations and donors alike.

This guide, published by Confluence Philanthropy, focuses on how a foundation can leverage its assets in service of its mission by investing cash locally through community-based financing. It reviews the different types of depositories, as well as the steps on how to get started carrying your cash, and also features two foundation case studies.