Community Foundation

From Citizendium

Community foundation [r]: A type of foundation first created in the 1920s in Cleveland and consisting of individual funds dedicated to specific purposes (like supporting nonprofit organizations, community resources, scholarships, etc.) and general funds available for distribution by the foundation's governing board. [e]

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☰ Source: https://citizendium.org/wiki/Community_foundation | License: CC BY-SA 3.0

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