|
Connecting People Who Care, with Causes that Matter.
The Alaska Community Foundation is a nonprofit public charity promoting personal philanthropy and providing financial management, strategic development and donor development services to communities, organizations and donors across Alaska.
How It Works
The community foundation receives contributions both large and small from a broad range of individuals, private foundations, corporations, nonprofit organizations, or a governmental entity on occasion. The intended purposes of the contributions are as varied as the donors.
The funds are then thoughtfully invested and managed by the board of directors.
Annually, the earnings are directed to charitable needs, in the form of awards, grants and scholarships, as directed by the donor's intent.
General Charitable Purpose
Income from these unrestricted funds is distributed in the form of grants at the discretion of the Board of Directors. These funds have the most flexibility of all, as they can more easily meet the changing needs of our community.
Field Of Interest/Donor Advised
Income from these funds is awarded in the form of grants to the area of interest designated by the donor. Example: Issues of youth or the aged, the arts, education, or specific charitable organizations or purposes.
Scholarships
Scholarship awards provide educational assistance for students to any school, college or university designated by the donor.
Agency Endowments
Income generated from endowments are used by the nonprofit agency to fulfill their mission.
A long lasting approach to giving
|