Transforming Communities

News and opinion about community foundations and philanthropy

Peter Panepento Peter Panepento

A Philanthropic Leader's Parting Advice to Congress

Rob Collier, the retiring president of the Council of Michigan Foundations, says the rapid growth of donor-advised funds is helping to get more money into communities — and cautions against creating new rules that would curtail giving.

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Peter Panepento Peter Panepento

Donor-Advised Funds: Creating Impact

For community foundations, donor-advised funds are all about impact, writes Dan Baldwin, president of the Community Foundation for Monterey County.

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Peter Panepento Peter Panepento

How Giving Days Connect New Donors With Community-Based Nonprofits

Community foundations often get headlines for their work leading large-scale efforts that aim to tackle major problems in their communities.

But what’s often overlooked is the work community foundations do to connect smaller nonprofits with new donors — and the steps these foundations take to help community-based nonprofits to build their capacity and donor pipeline.

One way community foundations do this is through their coordination of giving days. Giving days are organized, community-wide events in which donors are asked to pledge money or time to charities. In many communities across the country, community foundations take the leading role in staging these events — providing everything from a centralized website that collects donations, to the marketing and publicity, to enlisting corporate sponsors and donors who provide matching gifts.

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Peter Panepento Peter Panepento

Racing Toward a Cure

After Richard Lavine lost his battle with pancreatic cancer, family members created funds at Communities Foundation of Texas to support research. Today, their donor-advised funds are helping researchers at Baylor University test a promising new drug combination that might help save future lives.

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Peter Panepento Peter Panepento

Study: Community Foundation Grantmaking Reaches Record Total in 2017

Grants by the nation’s 100 largest community foundations reached a record total in 2017, according to the Columbus Survey. The annual survey also shows that community foundations are well positioned to continue to ramp up their grantmaking, even as economic conditions change.

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Peter Panepento Peter Panepento

Opinion: Donor-Advised Funds Contribute to Stronger Communities

Recently, a few vocal critics have taken to the national press to paint a one-sided and incomplete picture of donor-advised funds — a tool that provides millions of dollars annually to Austin nonprofits.

The recent rise in popularity of donor-advised funds, especially of those offered by large financial institutions, has caused some to question the value and impact of such funds.

This skepticism ignores the distinction between commercial donor-advised funds and those held by local community foundations like Austin Community Foundation.

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