Adirondack Community Trust (ACT)

General Information

ABOUT US

WHAT IS A COMMUNITY FOUNDATION


Community foundations are tax exempt public charities serving thousands of people who share a common interest—improving the quality of life in their area.

Individuals, families, businesses, and organizations create permanent charitable funds that help their region meet the challenges of changing times. The foundation invests and administers these funds.

All community foundations are overseen by a volunteer board of leading citizens and run by professionals with expertise in identifying their community's needs.

Community foundations:

  • know their communities
  • share your interests
  • care about the future
  • offer giving vehicles that are easy to set up and manage and that provide tax benefits

Click here to read the Council on Foundations Community Foundation Fact Sheet