City of Detroit Lakes, Minnesota, Community Foundation Our mission statement calls for the Detroit Lakes Area Community Foundation to assist in the funding of activities that promote quality cultural, educational, civic, wellness, environmental and economic development programs in the Detroit Lakes community, involving all age groups, urban and rural areas, men and women, and the disadvantaged. The Detroit Lakes Community Foundation Offers Continuity.
Gifts can continue to provide community support over a period of years.
One gift may benefit numerous organizations or activities. A fund may be established in the name a family, friend, or organization with assurance that the proceeds will benefit the community well beyond the donor's lifetime. A well established, ongoing foundation using professional investment counselors assures sound management of gifts. Donations are deductible to the extent allowed by Internal Revenue Service codes. The Foundation operates under the direction of an Advisory Committee comprised of five individuals to be representative of the community.