COMMUNITY FOUNDATION FOR PALM BEACH AND

Other serviceswith a wealth of experience spanning over 50 years, the community foundation for palm beach and martin counties assists its donors in realizing their philanthropic goals by providing financial stewardship and community leadership. Together, we strive to tackle the most urgent needs within our communities and improve the quality of life for all residents. In the current fiscal year, the foundation distributed $13,028,097 from donor-advised and designated funds. Each grant undergoes a thorough review by our staff to ensure compliance with best practices for grant-making, as well as legal and financial standards. The community foundation administers charitable giving vehicles, such as donor-advised and designated fund types, to facilitate the philanthropic intentions of individuals and groups. The administrative process involves processing and disbursing grants to nonprofit entities in accordance with the terms of each individual fund. We provide administrative services for over 307 daf donor-advised and designated funds and work closely with our fundholders to make grants to the charities they support, while also introducing them to charities that align with their giving preferences. Our due diligence process includes confirming the ein/501(c)(3) status of organizations through guidestar charity check and the irs.gov website to ensure their validity. A key benefit of our donor-advised fund program is our online portal, which provides real-time access to fund information and enables independent grant-making by fundholders. Through our donor-centric services, we can maximize the impact of grant-making dollars on important programs and immediate critical needs. One of the core components of the community foundation's mission is to assist nonprofits in establishing a sustainable source of income, ensuring the continuity of their programs and services for years to come. We are dedicated to strengthening and supporting our nonprofit community and managing assets and reserves for nonprofit organizations, with 91 nonprofit funds representing $9,594,018 million currently under our stewardship.