WHAT IS COMMUNITY FOUNDATION NETWORK (CFN)?
Established in 1991, Community Foundation Network is the national network linking, promoting and supporting over 60 community foundations across England, Northern Ireland, Scotland and Wales. For more information, go to about us • WHAT ARE COMMUNITY FOUNDATIONS? Community foundations are charitable trusts that promote and support local voluntary and community activity. They have two main roles: building endowment and managing funds for donors as well as making grants to charities, linking local donors with local needs. Community foundations allow donors to specify how, where and over what period of time their money is spent. Gifts of cash, shares, trusts, bequests and property are pooled in multipurpose endowment funds, creating a capital sum whose earnings address donors’ specific interests. For more information, go to about community foundations. • WHERE DID COMMUNITY FOUNDATIONS START? The first community foundation was established in Cleveland, Ohio, USA in 1914. Since then, they h
