I initially became interested in philanthropy while serving as artistic director of The Harmony Theatre Company, which I cofounded while an undergraduate at Columbia University. Navigating the funding landscape was a nigh-constant challenge, and it was clear that I would need to ascertain quite a bit more if Harmony were to be an artistically successful and financially viable endeavor.
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 2017, they gave an estimated $5.48 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. Currently, over 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. Community foundations have participated in the growth of international giving by U.S. foundations in recent years, with international giving by community foundations more than tripling, from $103 million in 2011 to $315 million in 2015, and community foundations' share of overall international giving by U.S. foundations more than doubling, from 1.4 percent in 2011 to 3.4 percent in 2015.”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. Please also visit cof.org/community-foundations for currated community foundation content.
What an incredible announcement on May 19 by billionaire and philanthropist Robert F. Smith who pledged to pay off the student loans of all 2019 Morehouse College graduates. How great for these students. However, as some observe, this incredible gesture of generosity may have a downside in the form of a potential tax bill for the students receiving the debt forgiveness.
Social impact organizations do tough but vital work in under-resourced spaces — spaces constantly shrinking due to humanitarian emergencies, natural disasters, armed conflict and oppressive governments. The international donor community’s response to this challenging landscape has increasingly shifted toward strengthening local efforts, recognizing that a resilient local civil society is better suited to address challenges than external assistance.
Women’s foundations and funds have established themselves as a powerful force in philanthropy dedicated to women and girls. Giving from these organizations is substantial, but aside from a 2009 landscape report from the Foundation Center and Women’s Funding Network, our understanding of women’s foundations and funds is quite limited.
This time of year, I receive numerous inquiries about administrative fees. Perhaps it is first quarter investment return reviews or something in the spring air—but my response to the question about ‘lowering fees’ is fairly consistent—why would we encourage the lowering of fees?
To begin, I have three questions—
In This Week's Edition of Snapshot...
- Preserve Charities and Houses of Worship Act Introduced
- Request for Information on Opportunity Zones Regulations
- At-Risk Community Index for 2020 Census
- States Continue Enacting Targeted Tax Credits
The Council Hosted Public Policy Preconference in Miami
Council on Foundations and National League of Cities will convene the last of three conversations across the United States on racial equity. With support from the Lumina Foundation and Annie E. Casey Foundation, philanthropic and government leaders will come together to raise awareness about the social impact of structural racism while highlighting current efforts to dissolve and resolve racial conflict and disparity.
Leaders in every sector are struggling to plan for a future in which social, digital, political and economic forces create unpredictable change quicker than ever – and the philanthropic field is no exception. To survive and thrive in this turbulent environment, philanthropic leaders must learn to read early signs of imminent upheaval, adapt their organizations in time and take advantage of new opportunities.
WASHINGTON – Today, the U.S. Department of Housing and Urban Development (HUD) and the Council on Foundations announced the 2019 winners of the Secretary’s Award for Public-Philanthropic Partnerships. The awards recognize innovative partnerships between foundations and government that have been critical in transforming communities and improving the quality of life for low-and moderate-income residents across the country.