What Is a Community Foundation?
Community foundations are tax-exempt public charities serving thousands of people who share a common interest—improving the quality of life in their area.
All community foundations are overseen by a volunteer board of trustees, comprised of leading citizens and run by professionals with expertise in identifying their communities’ needs. Today, nearly 800 U.S. community foundations collectively grant more than $6.5 billion each year and manage more than $82 billion in charitable assets.