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 Arizona Community Foundation
The Arizona Community Foundation and its 13 affiliates are a statewide
philanthropy and partnership of donors, staff, volunteers, nonprofit
organizations and the community working together to build a legacy of
giving by empowering and aligning philanthropic interests with
community needs.
Founded in 1978, ACF manages 885 component funds, with
endowment and trust assets exceeding $556 million.
Individuals,
families, organizations and businesses come to ACF to establish
charitable funds that address the causes most important to them. Donor
gifts are pooled and invested, earning returns that are used for grants
and scholarships. Over time, the amount distributed exceeds the
original gift, while the fund balance continues to grow, generating
more funding for community needs year after year, in perpetuity.
Funding is awarded year-round to a wide range of community
organizations, educational institutions and government agencies.
In
2006, ACF and its donors distributed $30.6 million, including nearly $4
million in scholarships.
More information is available at the Arizona Community Foundation web site.
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