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A community foundation is a tax-exempt public charity organized and operated for the long-term benefit of a defined geographic area. It enables people with philanthropic interests to easily and effectively support the issues they care about—immediately, or through their wills.
Community foundations helped to pioneer several models of giving that today we take for granted, including the donor-advised fund. Through donor-advised funds, donors can establish a charitable fund at the community foundation using a variety of assets. While the community foundation retains the ultimate authority over these funds, donors may recommend grants—in their name, if they choose—to nonprofit groups they want to support.
There are approximately 30 community foundations in the state of Wisconsin. Currently 27 community foundations are members of DFW, representing 99% of the community foundation assets in Wisconsin. Twenty-two member community foundations have have acheived national standards and collectively make up the Donors Forum's Certified Community Foundation Division.
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| Wisconsin Community Foundations Division |
 Wisconsin is a national leader in the community foundation field. Wisconsin’s community foundations, coordinated by the Donors Forum of Wisconsin, are the first in the nation to develop a certification process for community foundations.
Your clients expect the best. When it comes to charitable giving, Wisconsin's Certified Community Foundations are experienced partners you can trust. We know philanthropy. We know Wisconsin's communities. Using that knowledge, we help you meet and exceed your client's expectations.
We want to be your charitable giving partner. When you need information about charitable gifts, local organizations or effective grantmaking programs, you can rely on Wisconsin's Certified Community Foundations. Visit the Wisconsin Gives website for more information.
Looking for information on complying with National Standards? Let us help!
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The Future of Community Foundations [PDF]
Foundation Strategy Group, LLC
This research report dispels current myths about community foundations and addresses potential issues they will face in regards to growth, sustainability, leadership, and advovacy, and donor involvement.
IRS Ruling: Taxablity of Fees Received by Community Foundations [PDF]
Community foundations should be aware of a little-noticed but important private letter ruling recently issued by the Internal Revenue Service. The ruling (private letter 200832027) addresses the question of whether payments received by a community foundation for providing grantmaking, administrative, and other "back office" services to unrelated charities are subject to the unrelated business income tax ("UBIT").
Key Facts on Community Foundations [PDF]
Foundation Center
The 2009 edition of this comprehensive compendium of community foundation giving in the nation.
Taking Informed Action in Challenging Times [PDF]
 Community Foundation Insights
This report details issues that community foundations are facing as a result of the economic downturn, including budget cuts, sources of alternative revenue and shifts in grantmaking and community leadership approaches.
Transfer of Wealth in Wisconsin
More than $687 billion will move from one Wisconsin generation to the next by 2050, with $105 billion changing hands before 2010. Those are the findings from the Transfer of Wealth in Wisconsin study, commissioned by Wisconsin's Certified Community Foundations. The research, conducted by the Nebraska Community Foundation/Nebraska Center for Rural Entrepreneurship, provides a county-by-county analysis of the wealth transfer.
Tools for Hosting a Giving Circle [PDF]
 Forum of Regional Associations of Grantmakers, 2008
Tools and resources for community foundations thinking about or already hosting a giving circle. Included in this guide are: a self-assessment tool; a discussion guide for early conversations with giving circle leadership; a checklist of giving circle/host duties; a giving circle cost calculator; and a sample memorandum of understanding.
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CF Leads: Community Foundations Leading Change
CFLeads connects community foundations to their peers and other sources of knowledge and expertise as they take on crucial leadership roles to build thriving communities. Here's where you'll find the Framework for Community Leadership by a Community Foundation and other resources to support community leadership efforts.
The Future of Community Philanthropy Project
A joint project of Blueprint Research and Design and The Monitor Institute with support from the Charles Stewart Mott Foundation and the Ford Foundation, this website is intended to help community foundations adapt and thrive in the coming years.
Local Mission-Global Vision: Community Foundations in the 21st Century
Community foundations are powerful philanthropic resources focused on specific geographic areas, pursuing fundamentally local missions. Yet in this time of rapid societal change, the local concept is increasingly infused with global considerations. This book, available for purchase through the Foundation Center, examines the new role of community foundations, exploring the potential impact of transnational evolution on organized philanthropy.
Wisconsin Certified Community Foundation Division
In Wisconsin, community foundations have become catalysts for improvement within urban centers and in rural settings. Demonstrating the strength of partnership, the Wisconsin Community Foundation Division of the Donors Forum of Wisconsin works to improve the capacity and efficiency of all community foundations in the state.
Community Foundation Insights
FSG Social Impact Advisors has established Community Foundation Insights (CFI), a centralized data resource for community foundations. CFI provides participating community foundations access to up-to-date information on the finances and best practices of their peers.
Fiscal and Adminsitrators Officers Group
FAOG is the Council on Foundations' professional group that establishes and communicates standards for the financial and administrative functions of community foundations.
Preparing to file the New Form 990
For the 2008 filing year, exempt organizations will be working with a completely redesigned Form 990 – the first major overhaul in 30 years. Prepare for the changes by taking these online courses from the IRS. |
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