Community Foundation

The Social and Economic Value of Private and Community Foundations
According The Philanthropic Collaborative's 2008 report every dollar that private and community foundations provided in grants and support in 2007 produced an estimated average return of $8.58 in direct economic benefits. The report found that the program areas generating the biggest returns include arts and culture, for which $5.2 billion in foundation support helped produce an estimated $51 billion in direct benefits, and education, for which $9.7 billion in foundation support helped produce an estimated $49 billion in benefits. Foundations also were responsible for some 9.2 million jobs, $511.9 billion in household income, and $145.4 billion in local, state, and federal revenue.
Thursday, September 17, 2020
Momentum Fund Announces $8.5 Million in Grants

WASHINGTON, DC -- The Momentum Fund announced today that it has awarded $8.5 million in grants to 129 501(c)(3) organizations around the country managing COVID-19 relief funds that provide grants and other forms of direct support to community-run organizations working with communities of color, historically marginalized populations, and other groups being disproportionately impacted by the pandemic that continues to ravage these communities. 

Friday, September 11, 2020
Hartford Foundation Announces Redesigned Grantmaking Team

HARTFORD, CT -- The Hartford Foundation for Public Giving's new Community Impact team will be led by vice president Elysa Gordon, who is now responsible for the overall executive direction of Community Impact and the newly created Impact Leadership Team comprised of her and four Directors: Megan Burke, Director of Community Impact Grantmaking; Judy McBride, Director of Strategic Partnership Investments; Kate Szczerbacki, Director of Strategic Learning and Evaluation; and Melanie Tavares, Director of Capacity Building and Nonprofit Support.

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