Frequently Asked Questions

Question:

What is a community foundation?

Answer:

A community foundation is a tax-exempt public charity created by and for the people in a local area. It enables people with philanthropic interests to easily and effectively support the issues they care about—immediately, or through their estates.

Community foundations do this by helping individuals, families and businesses establish charitable funds to which they may contribute a variety of assets. Grants are then made from these funds to nonprofit groups in order to meet the donor’s charitable goals. Donors and their families may be actively involved in the selection of the nonprofit groups and, in some cases, the individuals who receive grants from their funds. The grants can be made in the donor’s name or anonymously.

Community foundations have in-depth knowledge of their communities. We remain alert to emerging needs in order to respond quickly and effectively. We convene groups—including donors, nonprofit leaders and elected officials—to work together on community problem-solving. And we foster greater giving and volunteering in our communities.