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Topical Terminology > Community Foundation



5 Definitions

Community Foundation

For Community Foundation we have terms and definitions in 5 topics. The topics are Charitable Donation, Charitable Giving, Fundraising, Grantmaking and Philanthropy.



Community Foundation (Charitable Donation)

A tax-exempt, nonprofit, publicly supported institution whose funds are established by many separate donors for the long-term benefit of non-profit organizations within a defined area. Typically, a community foundation serves an area no larger than a state.


Community Foundation (Charitable Giving)

A community foundation is a fund established to support charitable organizations in a specified geographic area or community and is classified as a public charity. A typical community foundation is a vehicle for attracting contributions from many donors.


Community Foundation (Fundraising)

A tax-exempt, nonprofit, autonomous, publicly supported, nonsectarian philanthropic institution with a long-term goal of building permanent, named component funds established by many separate donors for the broad-based charitable benefit of the residents of a defined geographic area, typically no larger than a state. See also:Charity, Foundation


Community Foundation (Grantmaking)

A tax-exempt, nonprofit, autonomous, publicly supported, nonsectarian philanthropic institution with a long-term goal of building permanent, named component funds established by many separate donors for the broad-based charitable benefit of the residents of a defined geographic area, typically no larger than a state. See also:Charity, Foundation


Community Foundation (Philanthropy)

A community foundation is a tax-exempt, nonprofit, autonomous, publicly supported, philanthropic institution composed primarily of permanent funds established by many separate donors for the long-term diverse, charitable benefit of the residents of a defined geographic area. Typically, a community foundation serves an area no larger than a state. Community foundations provide an array of services to donors who wish to establish endowed and non-endowed funds without incurring the administrative and legal costs of starting independent foundations.




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