11.13.12

Happy Community Foundation Week 2012!

How do community foundations serve their communities?

Community foundations play a key role in identifying and solving community problems. In 2011, they gave an estimated $4.2 billion to a variety of nonprofit activities in fields that included the arts and education, health and human services, the environment, and disaster relief.

The Community Foundations National Standards Board confirms operational excellence in six key areas—mission, structure, and governance; resource development; stewardship and accountability; grantmaking and community leadership; donor relations; and communications. Foundations that comply with these standards can display the official National Standards Seal. Right now nearly 500 community foundations have earned the seal.

Where do community foundations operate?

More than 700 community foundations operate in urban and rural areas in every state in the United States; currently, nearly 600 belong to the Council on Foundations. The community foundation model also has taken hold around the world. According to the 2010 Community Foundation Global Status Report, there are 1,680 community foundations in 51 countries. Forty-six percent exist outside of the United States.