There are 717 community foundations in the United States making grants of about $4.6 billion in their communities. I know because it’s on the cover of a publication about community foundations.
What I don’t know is why anyone would care.
It’s not just that we should be talking about the impact that we have in our communities, the great work we do and support. It’s not that at all.
It’s literally a question of who cares about community foundations? It takes an unusual amount of self-absorption to get comfortable with the idea that a small set of obscure treasury regulations defines an inherently superior vehicle for philanthropy. In fact, I’m not sure community foundations are inherently better or worse as charitable giving vehicles, or more or less important than other forms of philanthropy to our communities.
And I run one.
Just imagine what the people who don’t run one think.
Read the rest of the Philanthropy article.
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