How do Community Foundations differ from other nonprofits?
Most non-profit organizations have a specific mission. By contrast, a Community Foundation’s mission is very broad: to improve the quality of life in a given area. This breadth of mission reflects our ability to make grants in any field of interest with a charitable benefit to local communities.
This flexibility allows us to serve a wider group of potential donors on the one hand and, on the other, a wider group of non-profit organizations whom we consider our partners in improving local communities.
Area non-profits benefit from having a local Community Foundation because the Community Foundation helps money stay in a community. Community Foundations benefit local non-profits in other ways, too: besides having local grant money available, some non-profits ask the Community Foundation to manage an endowment on their own behalf. We call such funds “agency endowment funds.”
As it grows, a Community Foundation gradually becomes the center for all charitable giving in a community. We help make connections between the people who want to give and the people who need their support.
← How do Community Foundations differ from other nonprofits?
There are no upcoming events.
- CFOS Awards More than $400,000 in Scholarships
- CFOS Closes Successful Fiscal Year of Giving and Announces Michael Bonura as New Chairman of Board of Directors
- Orange and Sullivan COVID-19 Response Fund Grants are Available Through CFOS
- Orange and Sullivan COVID-19 Response Fund Addressing Escalating Needs
- Hudson Valley Gives Raises Half a Million Dollars for 145 Local Nonprofits with Virtual Fundraising Day