48 Pageviews Read Stories
Causes: Community Foundations, Philanthropy
Mission: The community foundation of greater greensboro is dedicated to strengthening the community for present and future generations. The community foundation promotes philanthropy, builds and maintains a permanent collection of endowment funds and serves as a trustworthy partner and leader in shaping effective responses to community issues and opportunities.
Programs: Donor advised: the community foundation manages 300 donor-advised and scholarship funds which enable residents of greater greensboro to achieve their individual charitable goals. During 2014, more than 1900 grants were disbursed in support of faith based, health & human service, educational and other community service organizations.
field of interest: the community foundation manages endowment and unrestricted grant funds which are used to strengthen its communities for present and future generations. Focus areas for 2014 were to promote economic development through community initiatives, including the development of a performing arts center, establishing workforce initiatives to align education and training with business needs, and, through the generous bequest from a long-term resident, the construction of a public park. In addition, area residents have created permanent funds to support specific areas of interest, including issues concerning our community's women and families, and shaping our community's identity through the use of art in public areas. These funds make grants while also conducting active endowment building activities.
organizational funds: area residents have created funds to support specific nonprofit organizations. In addition, the community foundation manages the endowment funds of local nonprofit organizations; accordingly the foundation recognizes a liability to the nonprofit and adjusts this liability for related contributions, earnings, grants and expenses. In 2014, $2. 1 million was returned to these organizations.