What a community Foundation does for you
A community foundation is a tax-exempt public charity that enables people to establish charitable funds, generally in the form of named endowments. Funds are accounted for separately, commingled for investment purposes, and managed professionally. Assets grow over time. Grants are awarded from fund earnings to support local nonprofit organizations, in accordance with the donors' interests.
Like all community foundations, we're overseen by a volunteer board of leading citizens and run by professionals with expertise in knowing our community's needs. We go beyond simply making grants that advance charitable activities: we also identify current and emerging issues, stimulate resources to address those needs, and help our region prepare for the future.
It's for these reasons that community foundations represent one of the fastest growing areas of philanthropy. When charitably minded people like you seek suitable ways to give, we can help you help your community.
How a community foundation works for you
The community foundation idea is simple: Anyone may use it to give something back to the community.
Assets donated to the foundation create one of several types of funds to support the donor's charitable goals. We offer a full menu of planned giving options.
A fund can be created in honor of a loved one, to celebrate a special event, or for any number of other reasons. When a fund is established, the donor can recommend gifts broadly or narrowly to issues of interest, or the board can be given discretion to use the earnings wherever the needs are greatest. However you give, your gift can changes lives -- today and in the future.
We use professionals to invest and manage our assets. Our board is made up of local citizens who know the community. Our staff can help you create the gift that makes the difference you want.
We offer power and flexibility in charitable giving without the legal paperwork, time, and expenses associated with running a private foundation. We can help set up a fund that will maximize both tax advantages and impact in the community -- now and forever -- helping you help your community.