Transforming Communities

News and opinion about community foundations and philanthropy

community foundation data, CF in Action Peter Panepento community foundation data, CF in Action Peter Panepento

Study: U.S. Community Foundations Have Mobilized More Than $1 Billion to Address COVID-19

An unprecedented effort by U.S. community foundations to help those impacted by COVID-19 has now mobilized more than $1 billion to support on-the-ground efforts by nonprofits.

This latest figure includes funds managed by nearly 600 community foundations that have provided data as part of an ongoing study by the Community Foundation Public Awareness Initiative of grantmaking activities during COVID-19.

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Peter Panepento Peter Panepento

Donor-Advised Fund Grantmaking Continues Its Surge During Covid-19

Donor-advised fund account holders at community foundations continue to rally to support those in need in the face of Covid-19, according to a new survey by the Community Foundation Public Awareness Initiative.

The latest figures, which track donor-advised fund grants at 32 community foundations in 21 states, found that donors who had funds at these foundations made $203.1 million in grants from March-May. That's up 80 percent over the same period in 2019, when donors from those same foundations granted $112.8 million.

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CF in Action, CF in the News Nicki Faircloth CF in Action, CF in the News Nicki Faircloth

New York Community Trust Partners Up to Provide Capacity-Building Resources for Organizations

New York's community foundation, the New York Community Trust, is partnering with the United Jewish Appeal (UJA) Federation of New York and Robin Hood on a new $500,000 venture which will provide consulting services for hundreds of New York nonprofits suffering economic hardship due to COVID-19.

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Guest essay Peter Panepento Guest essay Peter Panepento

Opinion: Community Foundations Rally to Fulfill Role as Philanthropy's First Responders

Community foundations have historically been philanthropy’s first responders.

When disaster strikes, they immediately stand up platforms to receive and distribute relief funds; take stock of the damage; identify the greatest needs; and marshal nonprofits, government, and businesses to create rapid, agile and coordinated responses extending from relief to recovery to reconstruction.

Thus, it should not come as a surprise that in the face of a pandemic that poses an unprecedented threat, more than 400 community foundations in every U.S. state immediately set up COVID-19 response funds.

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Peter Panepento Peter Panepento

Survey: Covid-19 Sparks Surge in Giving From Community Foundation Donor-Advised Funds

Donor-advised fund account holders at community foundations have been rallying to help those in need in the face of the Covid-19 crisis, granting hundreds of millions to support their neighbors in communities large and small across the U.S.

According to a new survey by the Community Foundation Public Awareness Initiative, donor-advised funds at 64 U.S. community foundations granted $821.9 million to nonprofits in March and April. That figure represents an increase of $302.5 million, or 58.2 percent, compared with the same period one year ago.

In many communities, donors have granted two or three times more than they have in previous years – and are pledging to make additional contributions to nonprofits as the crisis continues to unfold.

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