SCCF

What is a Community Foundation?

Community foundations are tax-exempt public charities serving thousands
of people who share a common concern--that of improving the quality of life
in their geographic area. In its general charitable purposes, a community
foundation is much like a private foundation; its funds, however, are derived
from many donors rather than a single source, as is usually the case with
private foundations.

The community foundation idea is simple: Anyone may use it to give
something back to the community.

It's All About Improving the Quality of Life

In a community foundation, individuals, families, businesses and
organizations create permanent charitable funds that help their communities
and organizations meet the challenges of changing times. The foundation
invests and administers these funds.

All community foundations are overseen by a volunteer board of leading
citizens and run by professionals with expertise in knowing their
community's needs.

The Story County Community Foundation does more than simply
distributing grants that advance charitable activities: it also identifies current
and emerging issues, stimulates resources to address those needs and
helps Story County prepare for the future.

Community foundations serve as a primary community resource.

Foundation volunteers:
• help donors balance charitable giving objectives and tax benefits
• understand issues critical to their communities
• ease administration
• care about the future of their community