Community Foundations
A community foundation is a tax-exempt, public foundation composed primarily of permanent funds established by many separate donors to solve community problems and improve the lives of people in a specific geographic area.
Community foundations provide an array of services to donors who wish to establish endowed funds without incurring the administrative and legal costs of starting private foundations. Several options include:
- Unrestricted Funds
- Field of Interest Funds
- Designated Funds
- Donor Advised Funds