Addendum B. Community Impact Funds In an effort to leverage the contributions of the Donor, and others who have established Funds at the Foundation, the Foundation administers several Community Impact Funds that pool resources from multiple givers. Distributions from each Community Impact Fund are made to charitable projects in Napa County that address key issues in a number of fields, such as the arts and education. By coordinating the efforts of many givers, the Foundation can multiply the impact of each donor, and also respond more quickly to community needs. The knowledge gained by the Foundation in making grants from Community Impact Funds also helps better support the individual distributions that the Donor may recommend from his or her Fund.
Appears in 2 contracts
Sources: Donor Advised Fund Agreement, Donor Advised Fund Agreement