Small Business Guide

madisongives.org (608) 232-1763 111 N. Fairchild Street, Suite 260, Madison, WI 53703

MADISON COMMUNITY FOUNDATION

Created in 1942 as Madison Community Trust, MCF helps people do their charitable giving their way, to causes they care about most. By starting a named endowment fund, or by giving to a Community Impact Fund, a fund that supports their favorite

geographic area. At MCF, over 90% of gifts go into endowed funds. Endowments are permanent funds. Anyone can contribute any amount of money to a community foundation, which invests these gifts for growth and income. A community foundation

THE MISSION OF MADISON COMMU- NITY FOUNDATION IS TO ENHANCE THE COMMON GOOD THROUGHPHILAN- THROPY.

cause or nonprofit, or leaving a permanent legacy of support, donors become catalysts for good today and for generations to come. As the community’s foundation, MCF plays a vital role in local philanthropy. MCF is unique in its deep knowledge of the community and its philanthropic expertise. But what makes a community foundation strong is the community of donors who come together through it. Together with donors and the nonprofits they support, MCF strives to help the Madison area become a vibrant and generous place where all people thrive. Community foundations are charitable organizations created through gifts from people who care about a particular community or

then makes grants that strengthen their community. Any individual, business or qualified charity can start an endowment fund, which is managed by their community foundation in perpetuity, meaning that gifts made to it will continue to grow and provide resources for their own community forever. Today, nearly 800 U.S. community foundations collectively grant more than $6.5 billion each year and manage more than $82 billion in charitable assets, according to the Community Foundations Public Awareness Initiative.

Made with FlippingBook Learn more on our blog