What is a Community Foundation?
Community foundations like ours provide services to philanthropists.
We make it easier for philanthropists to manage and grow their giving, and to make sure their generosity translates into enduring improvements for our communities. We are an investment house for doing good for the world. Philanthropists open tax-free charitable accounts with us; we invest their assets for moderate-risk growth until grants from the funds are made to nonprofits. Upon request, we offer advice about nonprofits and local issues so our donors can produce the highest return for the community with their charitable assets.
In the United States, there are more than 700 community foundations. Ours in Southwest Louisiana is overseen by an independent board of people who live here. We are an affiliate of the Baton Rouge Area Foundation, which is ranked among the top-35 community foundations in the country in assets. The affiliation lets us reduce costs and work across all of South Louisiana, while our local board ensures that the needs of our neighbors are met.