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Community foundations receive and administer endowment and other funds from private sources and manage them under community
control for charitable purposes primarily focused on local needs. Community foundations are characterized by multiple sources
of funding from many donors, and expenditures are for the benefit of a specified geographic area. By Internal Revenue Service
regulation, the governing bodies of community foundations are required to represent broad community interests. Community
foundations are classified by the IRS not as private foundations but as "public charities," like churches, schools and
colleges, hospitals, and certain other nonprofits.
Frequently Asked Questions
Ways to Give to a Community Foundation
Community Foundation Locator
Indiana
Community Foundation Standards (pdf)
Resources for Community Foundations
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Partial text reprinted with permission from the Forum of Regional Associations of Grantmakers.
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