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2020 Capacity Building Grants Strengthening Capacity of Organizations Working in Areas Most Impacted by Longstanding Disinvestment The Community Foundation of Louisville and its donors, along with
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A community foundation is a nonprofit organization that manages charitable funds from donors to support a specific geographic area or cause.
Community foundations are required to file annual reports with the IRS to maintain their tax-exempt status.
Community foundations must gather financial information, grant data, and other relevant information to complete the required forms.
The purpose of filing annual reports is to provide transparency and accountability to donors, the public, and regulatory agencies.
Community foundations must report on their financial activities, grantmaking, and governance practices.
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