What is a Community Foundation
A community foundation is a tax-exempt public charity serving thousands of people who share a common interest—improving the quality of life in their region and beyond. Individuals, families, businesses, and organizations create charitable funds that help meet local and national challenges.
What does a community foundation do?
A community foundation receives charitable gifts, manages charitable assets and makes charitable grants. Community foundations offer several types of funds to help donors achieve their charitable goals and to meet community needs.
Why do people give through community foundations?
Community foundations offer donors many services and benefits. They work with families, individuals, organizations and professional advisors to design gift plans that fit every economic situation, ensuring that donors receive the most from their philanthropy.
How many community foundations are there in the US?
The map below depicts how many community foundations there are in each state in the US. As you can see, Indiana has the most with 79. To learn more about each state’s community foundations, visit the Council on Foundations and scroll down to the interactive Community Foundation locator.
CFT complies with National Standards for U.S. community foundations.
The National Standards seal by our name is official confirmation from the Council on Foundations that we have met the most rigorous standards in philanthropy. It affirms our commitment to financial security, transparency and accountability. It says our grantmaking includes an open, competitive process designed to address the changing needs of our community. The National Standards Seal also confirms our history of honoring donors’ wishes – to improve the lives of those in North Texas and beyond by supporting health care, education, public safety, social services, arts and more.
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We made it to the Top!
In 2012, CFT was selected as one of the Top 100 places to work by the Dallas Morning News. Watch the video showing what life is like working at CFT.