|
Public foundations receive at least one-third of their income from the general public. Community Foundations are a type of
public foundation and are organized to serve specific geographic regions. They receive their support from a variety of donors,
rather than a single family or company. Other public foundations also receive support from a variety of donors but for a
specific issue such as health or arts. All public foundations must meet a support test defined by the IRS or they would be
reclassified as private foundations.
Resources for Public Foundations
Are you a member of the Indiana Grantmakers Alliance? If so, log in for
enhanced services. Not a member? Learn more...
Partial text reprinted with permission from the Forum of Regional Associations of Grantmakers.
|
