Community foundation

From Wikipedia, the free encyclopedia

Community foundations are instruments of civil society designed to pool donations into a coordinated investment and grant making facility dedicated primarily to the social improvement of a given place.

They are usually structured as endowments unlike United Way organizations which raise operating funds annually.

The first community foundation was set up in Cleveland in 1914 by Frederick Goff and operating to this day as the Cleveland Foundation. Others soon followed including the California Community Foundation and the Chicago Community Trust.

Community foundations are now a global phenomenon. There are at least 700 in the United States and perhaps 1000 more around the world with numbers growing rapidly.

Contents

[edit] See also

[edit] Some notable community foundations

[edit] International

[edit] United States

[edit] Key supporters of community foundations

[edit] External links

[edit] Publications

Bernholz. L., K. Fulton, and G. Kasper. (2005). “On the brink of new promise: The future of U.S. community foundations.” Trade report. Funded by Charles S. Mott Foundation and the Ford Foundation.

Gast, E. (2006). Community foundation handbook: What you need to know. New York: Council on Foundations.

Hall, P.D. (1989). “The community foundation in America, 1914-1987.” In Richard Magat, ed., Philanthropic Giving. New York: Oxford University Press.

Hammack, D. (1989). “Community foundations: The delicate question of purpose,” in Magat, R., ed. An agile servant: Community leadership by community foundations. New York: The Foundation Center.

Magat, R., ed. (1989). An agile servant: Community leadership by community foundations. New York: The Foundation Center.

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