They are thoroughly familiar with local needs and resources, and they do not charge for their services. It is a permanent philanthropic resource of, by, and for, its community. Its essential task is to create and maintain a pool of endowment funds, donated by many people and institutions, and invested to produce income for charitable grants to benefit the entire community. If your town has endowments that need better management, or if you wish to create an endowment fund for your town, your nearest CF can help you facilitate that with no legal or accounting hassles. Donors may participate to any degree they wish in defining their charitable purposes and specific alloca-tions in grantmaking.
CFs are permanent institutions - outlasting most benefit, and all profit, corporations.
Community Foundations of Massachusetts Massachusetts' 13 Community Foundations are in all stages of growth, each helping a designated region of the Commonwealth. We are pleased to report that this Catalogue has assisted at the birth of two new ones that are just now being created. Finally, CFs stand ready to help corporations and individuals make more insightful and cost-effective gifts and grants. A Community Foundation is your foundation.