Greater Washington Community Foundation

Administration of charitable giving vehicles designed to facilitate the philanthropic intent of individuals, corporations, foundations and groups via donor advised, field of interest, designated or other fund types. Administration consists of gift receipt and acknowledgment, investment of fund assets, processing, and disbursing grants to nonprofit entities according to the terms of each individual fund. The Greater Washington Community Foundation currently provides administrative services to over 700 funds.

Fiscal sponsorships - the Community Foundation selectively extends its nonprofit status to board approved groups and/or organizations who have a philanthropic mission but have either not received separate exempt status from the internal revenue service or are organized for a limited duration or purpose. The Community Foundation supplies the same administrative services as those listed in #1 above. In addition, the Foundation exercises expenditure control responsibility for all disbursements made by these fund types.

Internal program initiatives - program initiatives are discretionary activities of the Greater Washington Community Foundation designed to address specific areas of need within the service area of the Greater Washington region. Program initiatives of the current reporting period include: the neighbors in need fund, collaborative for education organizing, Greater Washington workforce development collaborative and the partnership for equity. Neighbors in need fund's goal is to address the most pressing challenges facing residents in (continued on schedule o)