What is a community foundation?
A community foundation is a tax-exempt, nonprofit, autonomous, nonsectarian philanthropic institution. Community foundations are focused locally and supported by local citizens with long-term goals of:
- Building permanent funds established by many separate donors to carry out charitable interests
- Supporting broad-based charitable interests and benefitting residents of a defined geographic area
- Serving in leadership roles on important community issues
Community foundations play a key role in identifying and solving community problems.
Where does a community foundation get its money?
Donors to community foundations can donate in several ways, including bequests and living trusts, and are invested in perpetuity. The investment earnings are then distributed to qualified organizations or causes.
Who are the donors to community foundations?
Typically, donors to community foundations are residents interested in supporting challenges and/or opportunities of the local community.
How can I support CFA?
The Community Foundation of Acadiana is dedicated to enhancing the quality of life for everyone in our region. We do this by encouraging charitable giving, linking generous donors with meaningful causes, and guiding conversations around the community’s most pressing needs. Your support of our day-to-day operations through a gift to CFA’s endowed operating fund or through membership helps fuel that work.