Is a community foundation a new kind of charity?
No. But you might think so because of its growing popularity in recent years. In fact, the first community foundation was established in Cleveland in 1914. York County Community Foundation was established in 1961. Today there are nearly 700 community foundations across the United States, with combined assets of approximately $35 billion.
Nobut you might think so, because of its growing popularity in recent years. In fact, the first community foundation was established in Cleveland in 1914. Napa Valley Community Foundation was established in 1994. Today we join a field of nearly 800 community foundations across the United States, with combined assets of approximately $45 billion.