CFGC resources and experience enable donors to avoid the costly undertaking of creating and maintaining a private or corporate foundation as well establishing grants and scholarships.
See the links on the left for basic information on our funds, planned giving and investment options.
Community foundations are unique in the world of philanthropy. Although created to address issues within a certain geographic area, through grantmaking from the foundation's endowment, community foundations also serve as vehicles for all citizens to impact the region's future. Unlike private or corporate foundations that are endowed by a particular person, family or business, a community foundation holds funds contributed by many individuals and businesses that see the value of pooling their assets with fellow citizens to improve the community.
Additionally, donors may contribute to the Foundation's FUND FOR CHATTANOOGA. The Foundation's Board distributes these unrestricted assets through a grantmaking process to address the greatest needs in the community. The endowment now stands at over $25 million and the income from the endowment is used for grantmaking to local organizations.
Donors may also contribute to a RESTRICTED FUND within the Foundation. The Foundation has over 200 restricted funds and each has a different charitable purpose and a different base of local citizens building its assets. Examples include: Donor-Advised Funds, Field of Interest Funds, Agency Funds, Project Funds, Designated Funds, Scholarship Funds and Pass Through Funds.
To better understand our mission to the community, read our STRATEGIC PLAN. This document outlines our priorities and our plan to accomplish them by 2009. You can also view our ANNUAL REPORT.
For specific questions or to set up an agreement, contact us via or phone and our staff will be glad to help.
