Updates and Resources
Show the Country What Generosity Builds
Have you joined our Generosity Builds campaign? This sector-wide storytelling campaign celebrates how philanthropy shows up in communities across the country, providing you with an opportunity to showcase your own impact as part of it.
Think about what generosity looks like in your community and what you'd want to highlight. You can explore the social media toolkit to share stories we've already collected or build your own, submit a story to be featured on our campaign site, record a short video explaining your initiative, or subscribe for updates throughout the year.
Join us as we show the country what generosity builds.
Legal Question of the Month With Senior Staff Counsel Remy Barnwell
Question: A donor would like to make a gift of stock, and requests that the community foundation hold onto the stock for a period of time before selling it. Once we are able to make that sale, how do we determine the value of the stock?
Answer: As an initial matter, the donor cannot make a gift with any material restrictions including asking your foundation to hold the stock for a period of time.
Once the stock is received, your gift acknowledgement to the donor should list the high, low, and average price of the stock rather than providing the donor with a valuation because that can be construed as tax advice. For internal purposes, the value of the stock will be the fair market value (i.e., the price that the stock would sell for on the open market) on the day of contribution. If an endorsed stock certificate is mailed, that is the date of mailing and if it is delivered to a bank or broker to transfer to your foundation, then the date of contribution is the date the stock is transferred on the books of the corporation.
Council members are able to send their questions to our legal team for expert advice and analysis. You can take advantage of this member benefit by becoming a member today.
CF Insights Highlight
Members with the CF Insights Add-On: Access Peers’ FY25 Data Today!
As you know, the FY25 CF Insights Annual Survey is well underway, and new survey submissions are coming in every day. As a CF Insights Add-On Member, you can access the very latest peer data anytime by logging in at data.cfinsights.org and navigating to the Benchmarking section. If you need help accessing the data or seek any other support, email cfinsights@cof.org.
Interested in learning more about the CF Insights Add-On? Visit our website or email cfinsights@cof.org for a 1:1 demo.
Advocacy Essentials for Community Foundations
As organizations committed to strengthening community foundations, we're partnering with CFLeads to offer a new public policy and advocacy training course for community foundations. This updated training will provide community foundation leaders and staff with the knowledge and resources needed to excel in advocating for the nonprofits and communities doing the hard work of social change.
Members receive a discounted rate, with a further discount if you sign up as a pair with another colleague. We hope to see you there next week on August 25 and August 27!
Grant Program: Working Across Differences Accelerator
The Community Foundations Working Across Differences Accelerator provides the funding and tools necessary to design and implement strategies tailored to working across differences in local communities, including:
- Direct funding: Financial support to power local work, including a $20,000 planning grant and the potential for $45,000 in follow-on funding for early implementation.
- Capacity-building: Wrap-around support from expert coaches and a structured learning agenda to develop the skills and perspective to work across differences.
- Peer collaboration: Dedicated spaces to build relationships and share strategies with fellow community foundation leaders.
Have questions? Join us next Wednesday, August 26 from 2-3 p.m. ET, for an Application Q and A session.
Fiscal Sponsorship Guide for Community Foundations
Fiscal sponsorship can expand access to charitable infrastructure and help emerging projects, community initiatives, and grassroots efforts pursue their charitable goals without the need to create and manage a separate nonprofit organization.
This new resource for community foundations offers guidance on the laws, regulations, and practices of several models of fiscal sponsorship, diving into the structure, benefits, and pitfalls of each. Download this resource for free!
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