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SDemetommunity Foundation Set Community Foundation PO Box 42 De Set SD 57231 Email: Rita desmetsouthdakota.org Office: (605) 8549011Yes! I want to invest in the future of De Set through the De Set
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Nonprofit organizations: Community foundations provide valuable resources and support to nonprofit organizations by offering funding opportunities, capacity building programs, and networking opportunities.
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A community foundation is a philanthropic organization that collects and manages charitable funds on behalf of individuals, families, and organizations, with the aim of addressing local needs and supporting community-based initiatives.
Community foundations that are recognized as tax-exempt organizations under Section 501(c)(3) of the Internal Revenue Code are required to file annual informational returns, typically the Form 990.
Filling out the community foundation's information return involves providing financial information, details about governance, mission, activities, and listing grants made during the year. It's often done using IRS Form 990 or Form 990-EZ.
The purpose of a community foundation is to enhance the quality of life in a community by promoting philanthropy, supporting local nonprofits, and addressing community needs through grants and scholarships.
Community foundations must report information including financial statements, details of grants distributed, board of directors, operational activities, and demographic information about the community served.
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