Community Foundations

Community foundations are publicly supported and are operated by and for the benefit of a specific geographic community, population group or area of interest. These foundations all actively fundraise and pool the funds of many donors to enable them to make larger investments and increase their returns. Community foundations serve three publics, including its donors, the nonprofit sector and the community that they were established to serve. Individual community foundations make decisions regarding their emphasis, but by structure and regulation they must always serve all three of these publics.

There are three categories of funding to which donors can contribute to community foundations.

  • Unrestricted funds are a general gift to the foundation.
  • Field of interest funds are a gift to a particular activity or program of the foundation.
  • Donor advised funds is the most restricted. Donors typically want to be very involved in making recommendations regarding the organizations to receive support from their fund. This is a fast growing area in philanthropy and for most of the community foundations in Minnesota, donor advised gifts represent the largest portion of their grants payout.


Examples of Community Foundations in Minnesota Include:

 

 
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Comment by burleigh holder on Tuesday, April 25 2017 at 2:57 AM

 
Comment by burleigh holder on Tuesday, April 25 2017 at 2:57 AM

 
Comment by burleigh holder on Tuesday, April 25 2017 at 2:57 AM

 
Comment by burleigh holder on Tuesday, April 25 2017 at 2:57 AM

 
Comment by burleigh holder on Tuesday, April 25 2017 at 2:57 AM

 
Comment by burleigh holder on Tuesday, April 25 2017 at 2:57 AM

 
Comment by burleigh holder on Tuesday, April 25 2017 at 2:57 AM

 

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