Charitable donations are collected in a Community Fund to serve a broad array of needs within a defined geographic area.
A savings account for the community
Community Funds are endowments, permanent funds in which the principal is invested, with a portion of the returns awarded locally as grants and scholarships. The Fund continues to grow forever, creating a permanent source of financial support for local needs.
Community Funds are developed by local residents and built with gifts from many people, corporations and service organizations. They are guided by a local steering committee that is empowered to award grants.