In its general charitable purposes, a community foundation is much like a private foundation. It typically makes grants in a variety of program areas, such as education, health, human needs, and arts, in a limited geographic area.
A community foundation's funds, however, are derived from many donors rather than a single source, as is usually the case with private foundations.
Further, community foundations are usually classified under the tax code as public charities and therefore are subject to different rules and regulations than those which govern private foundations. See http://en.wikipedia.org/wiki/Community_foundation for some additional descriptions.
A community foundation's funds, however, are derived from many donors rather than a single source, as is usually the case with private foundations.
Further, community foundations are usually classified under the tax code as public charities and therefore are subject to different rules and regulations than those which govern private foundations. See http://en.wikipedia.org/wiki/Community_foundation for some additional descriptions.
Subcategories 4
Related categories 1
Sites 2
- Community Foundation for Ireland Describes grant programs and ways to donate, with nonprofit news and resources.
- Kenya Community Development Foundation Describes funding areas and activities to build the endowment, and provides financial and program reports.