In collaboration with the
Aspen Institute, the Forum of Regional Associations of Grantmakers created
Rural Fund Development 101 to offer volunteer rural leaders a practical guide for starting or growing community endowments. Community endowments are permanent funds that benefit a specific geographic area and are governed by local people who decide how to use it to benefit that area and its people.
Because there is no one "right way" for a rural community to establish a fund, the guide is divided into five conversations that are filled with key questions for steering groups, sample toolkits, and inspirational resources from existing rural funds. Topics include:
- What is a community endowment?
- Why establish a rural community endowment?
- What legal form can a community endowment take?
- What does it take to get a community endowment running?
For more information, please visit the Rural Philanthropy Knowledge Center or contact Danielle Hicks, Assistant Director of New Ventures in Philanthropy.
Resources:
Rural Fund Development 101
Rural Philanthropy Knowledge Center