Community Foundation of Middle Tennessee
United States
/ Tennessee
| Community/Family
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The first community foundation began in Cleveland in 1914. It was soon followed by others in Boston, Chicago, and New York City. Now more than 650 community foundations are in major population centers in the United States. More than $31 billion in charitable assets are managed in this way. In 2002, more than $1.6 billion in grants emanated from community foundations and gifts exceeded $3.5 billion.
Community foundations are designed to accommodate the special concerns of each donor. The donor, through a gift or bequest, establishes a permanent, named fund within The Foundation's endowment.
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Impact funds
Animal welfare funds
Arts and art education funds
Award funds
Community funds
Corporate funds
Disaster response funds
Education funds
Health and human services funds