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Community Foundations in 10 Minutes

Community Foundations in 10 Minutes. Juraj Mesik Senior Community Foundations Specialist World Bank. C haracteristic s of CFs. grantmaking foundations (but many also do their own programs)

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Community Foundations in 10 Minutes

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  1. Community Foundationsin 10 Minutes Juraj Mesik Senior Community Foundations Specialist World Bank

  2. Characteristicsof CFs • grantmaking foundations (but many also do their own programs) • broad range of donors and seek grants also from outside of their communities (diverse portfolio of donors = high stability) • geographically defined community • broadly defined mission (like „to improve quality of life in community“, „to strengthen social capital of community“ ) • governed by local and representativeboard • build endowment, element of „eternity“ Community Foundations in 10 Minutes, World Bank

  3. Other Functions of CFs • neutral players for convening various stakeholders in the community to face the issues and challenges of common interest, • provide leadership – by identifying critical issues, searching for strategies to tackle them and mobilizing resources • empower people by providing them with simple, fair, transparent and fast, yet competitive, access to funds for implementing their ideas and projects Community Foundations in 10 Minutes, World Bank

  4. Other Functions of CFs • network people within the community and outside • bring and spread innovations (“best practices”) • serve as model of transparency and accountability, where such practices do not exist in public institutions • by being transparent and implementing strict conflict of interest policies, CFs rebuild the trust towards institutions in their communities Community Foundations in 10 Minutes, World Bank

  5. Other Functions of CFs • strengthen existing and encourage establishment of new CSOs within community • provide intermediary for strategic giving for businesses • provide opportunity for efficient giving by middle class or poor people, SMEs... Community Foundations in 10 Minutes, World Bank

  6. How do we (the Bank) build Community Foundations??? We do not ! Local people do !!! Community Foundations in 10 Minutes, World Bank

  7. What Can the Bank Do? To inspire and catalyze their growth as a part ofour scaling up efforts by: • Increasing awareness about CFs in the Bank’s client countries • Supportinga favorable legal environment through dialogue with client governments • Exposing stakeholders from the communities in client countries to existing CFs • Providing know-how and training in initial phase of CF’s development Community Foundations in 10 Minutes, World Bank

  8. What Can We Do? • Work with foundation partners to provide the seed money to start grantmaking and establish track record (but to avoid risk of “killing them” by excessive amount of “easy” funds!) • Offeringtechnical assistance • Giving them status and prestige among Bank’s partners, opening doors • Explore endowment building • Making a long term commitment (for institutional development) Community Foundations in 10 Minutes, World Bank

  9. Fastest Growing Field of Foundations Look at Global Geography and Short History of Community Foundations Community Foundations in 10 Minutes, World Bank

  10. History of CFs • Prehistory: city-based foundations exist in cities in Europe and elsewhere at least since middle ages. • the first modern CF established in 1914 in Cleveland, USA • the spark jumped over to Canada in 1921, Winnipeg CF • 1979: Northern Ireland Voluntary Trust, the first CF in Europe, established with the support of the government • 1985: Puerto Rico Community Foundation – the first CF in Spanish speaking world • 1990s: „explosion“ of CFs in Europe, Mexico, South Africa, Russia and other regions Community Foundations in 10 Minutes, World Bank

  11. Global Geography Americas • USA: 600+, accumulated endowments over 30 billion USD) • Canada (100+, accumulated endowments over 1 billion USD) • Mexico (22) • Brazil • Virgin Islands • British West Indies • Ecuador (has one national CF-like foundation) Community Foundations in 10 Minutes, World Bank

  12. Global Geography Europe • United Kingdom: 64 • Germany: 45 • Italy, Poland, Slovakia, Russia (each around a dozen of CFs) • Ireland: 1 • Latvia and Ukraine: 1 • Belgium and France have one national CF-like foundation each Community Foundations in 10 Minutes, World Bank

  13. Global Geography • Asia: India, Japan have each one CF • Australia and New Zealand several • Africa: South Africa (several CFs), Zimbabwe, Kenya, Mozambique (each one CF-like f.) ... and efforts are under way to establish first CFs in Philippines, Thailand, China, Romania, Croatia, Estonia, Lithuania... Community Foundations in 10 Minutes, World Bank

  14. Summa Summarum Community foundations are the fastest growing field of philanthropy around the world. Their existence and functioning is no longer limited to the richest nations. Community Foundations in 10 Minutes, World Bank

  15. But: CFs, just like people, are„complicatedanimals“. They need: • massive transfer of know-how in order to start • long time commitmentand patience to mature. Community Foundations in 10 Minutes, World Bank

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