Summary
Community foundations have emerged as one of the fastest-growing philanthropic sectors in both Florida and the U.S. The foundations, which are steered by boards of local citizens, solicit gifts from individual and corporate donors and distribute the money to a variety of charitable organizations within the community. Shack notes that some companies and law firms now give to community foundations instead of directly to non-profit groups, in part because the foundation can more carefully assess the financial health of smaller non-profits.
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Extract
Knitting a Social Fabric
Community foundations have emerged as one of the fastest-growing philanthropic sectors in both Florida and the U.S. The foundations, which are steered by boards of local citizens, solicit gifts from individual and corporate donors and dis...
See the full content of this document
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