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Showing: 11 - 20 of 22 results

How Community Foundations Can Support Individuals and Small Businesses During the Coronavirus Pandemic

https://cof.org/content/how-community-foundations-can-support-individuals-and-small-businesses-during-coronavirus
During the pandemic, many of us expected the stock market would fare poorly, that there would be long lines at food pantries, and that public health systems would be overwhelmed. Many of us did not expect to see record levels of unemployment, widespread permanent closures of small businesses, or…

Sample Documents for Scholarship Funds

https://cof.org/content/sample-documents-scholarship-funds
Community foundations that award scholarships and other grants to individuals from funds with donor involvement should be sure these funds comply with the requirements of the Pension Protection Act of 2006. The PPA prohibits grants to individuals from funds that meet the fairly broad definition…

Increasing the Number and Size of Awards

https://cof.org/content/increasing-number-and-size-awards
When donors to scholarship funds see the impact that their money can have on the life of a student, they are often inspired to contribute more. Sometimes they will add more to the principal of the fund so that future awardees can receive bigger scholarships or more scholarships can be awarded.…

FAQ: Scholarships

https://cof.org/content/faq-scholarships
What are the advantages, disadvantages, and likely costs of scholarship programs? What do the private foundation rules require, and how should community foundations apply the rules? What rules or procedures govern community foundation scholarship programs? Does a community foundation need…

Understanding Fiscal Sponsorship

https://cof.org/content/understanding-fiscal-sponsorship
Everything you need to know to stay out of trouble with third-party representatives. Does hearing the sentence "Just make that grant check payable to my fiscal agent" stop you in your tracks? It should. If your potential grantees are washing your grant funds through an accommodating charity…

Can My Foundation Fund Legal Aid for Individuals?

https://cof.org/content/can-my-foundation-fund-legal-aid-individuals
Legal aid provides assistance to people who would otherwise not be able to afford legal representation or access to the court system. While it is an integral part of the American justice system, especially to the most vulnerable in our society, many legal aid programs are unsustainable or have seen…

Scholarships

https://cof.org/content/mfl-scholarships
Part of Mastering Foundation Law Providing scholarships to individuals is a popular method of charitable giving in the U.S. But following the U.S. Supreme Court's decision in Students for Fair Admissions v. Harvard and the ongoing Alliance for Equal Rights v. Fearless Fund case,…

Considerations for Working With 501(c)(3) NIL Collectives

https://cof.org/content/considerations-working-501c3-nil-collectives
More than 120 “NIL collectives” have been established in the U.S., many of them as tax-exempt 501(c)(3) nonprofit organizations, to raise funds and enter into agreements that compensate student-athletes at specific higher-education institutions in exchange for using the student-athlete's name,…

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