Below are some frequently asked questions and responses for professional advisors. If you have a question that you’d like to see discussed on this page, please contact us.
What is a community foundation?
A community foundation is a nonprofit organization designed to make it possible for anyone to support their community now and in the future. A community foundation attracts charitable dollars, manages and invests that money, and gives money through grants to support nonprofits. Community foundations are defined by the geography they serve, with a broad mission to encourage philanthropy as a tool for building better communities, and an ability to manage many charitable funds under one roof. Community foundations have a long-term view and a broad perspective. They have deep roots in community, experience working with nonprofits, and are a knowledge bank for local philanthropy. The impact of a community foundation is evident in its permanence on the one hand, and its flexibility on the other. To learn more about community foundations throughout the country, visit the Council on Foundations.