A sum of money or other property available upon the donor's death. A drive to raise funds for construction or renovation of buildings. An organized drive to raise substantial funds to finance major needs of an organization, including construction, renovations, or endowment. A portion of a donor's budget that has already been pledged for future allocation. A community foundation generally makes grants only within a specified geographic area and is governed by a board representing the community it serves.
Some community foundations offer donor-advised funds to contributors.
A corporate group organized to make grant decisions usually with the guidance of a corporate foundation or contributions administrator. Typical responsibilities include setting and interpreting policy, approving an annual budget, and reviewing grant requests. A general term referring to charitable contributions by a corporation. Usually used to describe cash contributions only, but may also include other items, such as the value of loaned executives, products, and services. A foundation that receives its income from a profit-making company but is a legally independent entity.