We Are Your Foundation in the Community
The Community Foundation is the only one of its kind in our region, and no national giving platform is present in our community like we are. In Fiscal Year 2018 we distributed an astounding $4 million to 300 nonprofits right here in the Lehigh Valley, thanks to the generosity of our fundholders. They have chosen the Community Foundation as a place to conduct their philanthropy, directly supporting nonprofits in our community through grants from their charitable funds. The community support does not stop here, however; our fundholders also support the work of the Community Foundation through the service fees charged to the funds. How does this work?
Value beyond Service
Donors and their advisors are often aware of the important administrative services we provide to our funds, such as fund accounting, gift processing, distribution of grant checks and letters, fiduciary oversight, IRS reporting, endowment management, and many other necessary activities. We also provide community knowledge, investment options, and charitable giving expertise to those who are interested. Fund fees support the people and infrastructure that make these services happen.
Community Knowledge & Leadership
Donors are also pleasantly surprised to learn about the work that the Community Foundation does beyond charitable fund support—that is, our community presence, thought leadership, and discretionary grants strategies. Foundation staff hold dozens of meetings with nonprofits and community leaders each year, striving to learn about regional needs, funding gaps, giving trends, and other knowledge that will make us—and you—a better grantmaker.
A recent example of this work was the hugely successful yearlong celebration of our 50th anniversary and our “Be the Spark” grantmaking campaign, where we focused $300,000 in grants on six important and often underfunded community issues. We brought donor awareness and Foundation grants to issues ranging from human trafficking to the environment. As this celebration came to a close last year, the Community Foundation announced new strategies supported by new data and findings. The current platform includes (1) an investment in the future of the nonprofit sector; (2) an investment in the “now”; and (3) an issue-based approach.
In each of our Cause Connection newsletters, we will dive into these strategies to share with you what we are doing and what we have found. We have heard such positive feedback from nonprofits about our leadership in this area. And we have you, our fundholders, to thank for the support.
ASK ERIKA | Ask me how the Community Foundation can help you and your clients create a lasting legacy and make a difference in the community....
Erika Riddle Petrozelli, CPA
Associate Vice President for Philanthropy
840 West Hamilton Street, Suite 310, Allentown, PA 18101
610 351-5353 Ext. 13 | mailto:Erika@lvcfoundation.org