Community foundations
are instruments of
civil society designed to pool donations into a
coordinated investment and grant making facility
dedicated primarily to the social improvement
of a given place.
Families, individuals,
businesses, and nonprofit groups establish funds within
community foundations into which they can contribute a
variety of assets to be used for charitable purposes.
The people or organizations that establish the funds can
then recommend that grants be distributed, in the name
of the fund or anonymously, to qualified nonprofit
groups and schools. The donor receives a charitable
deduction in the year that gifts are made into their
funds.
The assets of community
foundations are pooled and invested, with donors
typically having a choice of investment products.
The funds established
at community foundations can be expendable funds (i.e.,
grants can be made in any amount at any time) or they
can be endowments, which limit distributions to the
interest earned on the assets. Endowments last in
perpetuity.
The first community
foundation was set up in
Cleveland in 1914 by Frederick Goff and operating
now as the
Cleveland Foundation. Others soon followed including
the
California Community Foundation and the
Chicago Community Trust.
Community foundations
are now a global phenomenon. There are at least 700 in
the United States and perhaps 1000 more around the world
with numbers
growing rapidly.
The Community Foundation Serving Boulder County
Contact: Josephine Ward Heath, President
1123 Spruce Street
Boulder, CO 80302-4001
Phone: (303)442-0436 Fax: (303)415-1542
Email: josieheath@aol.com
Website:
http://www.commfound.org/home.php
Broomfield Community Foundation
Contact: Karen Smith, Executive Director
P.O. Box 2040
Broomfield, CO 80038-2040
Phone: (303)469-7208 Fax: (303)410-1733
Website:
http://www.broomfieldfoundation.org/
The Greater Eaton Community Foundation Inc.
1 Maple Avenue
Eaton, CO 80615-3439
Phone: (970)454-3338
Community First Foundation
Contact: Kenneth W. Eggeman, Ph.D., President & CEO
6870 W. 52nd Avenue, Suite 103
Arvada, Colorado 80002
Phone (720) 898-5909 Fax: (720) 898-5901
Website:
http://www.communityfirstfoundation.org
Fort Lupton Community Area Fund
c/o Community Foundation Serving Greeley & Weld County
711 8th Avenue
Greeley, CO 80631
Phone: (970)304-9970
Grand Foundation
Contact: Kathryn Harris, Executive Director
P.O. Box 1342
Winter Park, CO 80482
Phone: (970)726-2040 Fax: (970)726-9829
Website:
http://www.grandfoundation.com/
Community Foundation Serving Greeley & Weld County
Contact: Judy Knapp, President
711 8th Ave.
Greeley, CO 80631-3955
Phone: (970)304-9970 Fax: (970)352-1271
Website:
http://www.greeleyweldcomfound.org/
The Gunnison Area Community Foundation
Contact: Pamela G. Montgomery , Executive Director
P.O. Box 7057
Gunnison, CO 81230-7057
Phone: (970)641-8837 Fax: (970)641-0443
The Longmont
Community Foundation
An Affiliate of The Denver Foundation
401 Main Street, #102
Longmont, CO 80501
Phone (303) 678-6555
Website:
www.longmontfoundation.org
The Community Foundation of Northern Colorado
Contact: Ray M. Caraway, President
4745 Wheaton Dr. Suite 100
Fort Collins, CO 80525-9482
Phone: (970)224-3462 Fax: (970)224-5153
Website:
http://www.communityfoundationnc.org/
Pikes Peak Community Foundation
Contact: Robert B. Small, Associate Director
730 N. Nevada Ave.
Colorado Springs, CO 80903
Phone: (719)389-1251 Fax: (719)389-1252
Website: http://www.ppcf.org/
Rose Community Foundation
Contact: Sheila Bugdanowitz, President and CEO
600 S. Cherry Street, Suite 1200
Denver, CO 80246-1712
Phone: (303)398-7400 Fax: (303)398-7430
Southern Colorado Community Foundation
Contact: Dan DeRose, Executive Director
P.O. Box 4202
Pueblo, CO 81003
Phone: (719)546-6677 Fax: (719)546-3334
Website:
http://www.southerncoloradocommunityfoundation.org/
Community Foundation Serving Southwest Colorado
Contact: Lon Erwin, Executive Director
P.O. Box 1673
Durango, CO 81302-1673
Phone: (970)375-5807 Fax: (970)375-5806
Website:
http://www.swcommunityfoundation.org/
Vail Valley Foundation, Inc.
Post Office Box 309
Vail, CO 81658
Phone: 970/949-1999
Western Colorado Community Foundation
Contact: Anne Wenzel, Executive Director
P.O. Box 4334
Grand Junction, CO 81502-4334
Phone: (970)243-3767 Fax: (970)243-3767
Email: awenzel@wc-cf.org
Website: http://www.wc-cf.org/
Windsor Community Foundation
Co/o Community Foundation Serving Greeley & Weld County
711 8th Avenue
Greeley, CO 80631
Phone: (970)304-9970
Yampa Valley Community Foundation
Contact: Linda C. Haltom, CPA, Interim Director
P.O. Box 881869
Steamboat Springs, CO 80488-1869
Phone: (970)879-8632 Fax: (970)871-0431
Website:
http://www.yvcf.org/
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