A community foundation is a public charity supported by combined funds contributed by individuals, foundations, nonprofit institutions, and corporations. Giving is located to specific locations (city, county, or state). Donors may designate specific charitable agencies or provide that grants be made for charitable purposes at the discretion of the foundation's public board. - Maywood University at: http://www.marywood.edu/orcc/glossary.html Amy Sample Ward
501(c) is a provision of the United States Internal Revenue Code (26 U.S.C. § 501(c)), listing twenty-eight types of non-profit organizations exempt from some Federal income taxes. Sections 503 through 505 list the requirements for attaining such exemptions. Many states reference Section 501(c) for definitions of organizations exempt from state taxation as well. - Wikipedia at: http://en.wikipedia.org/wiki/501%28c%29
A 'Donor-Advised Fund (DAF) is a charitable giving vehicle set up under the tax umbrella of a public charity, which acts as sponsor to many Funds. A Donor-Advised Fund offers the opportunity to create an easy-to-establish, low cost, flexible vehicle for charitable giving as an alternative to direct giving or creating a private foundation. - Wikipedia at: http://en.wikipedia.org/wiki/Donor_advised_funds Amy Sample Ward
donor intent: The vision, legacy and intentions of a foundation’s original donor for the foundation’s mission. - GOSW and Forum of Regional Associations of Grantmakers Amy Sample Ward
A Donor Managed Investment Account (DMI Account) is a charitable giving mechanism that provides donors with a full tax deduction at the time the account is funded, while permitting them to exercise ongoing investment management over the account funds for a period of time. - Wikipedia at: http://en.wikipedia.org/wiki/Donor_Managed_Investment_Account Amy Sample Ward
donor restriction: A stipulation that the donated assets to a foundation must be maintained permanently, permitting expenditure of only the income or net appreciation of the donated assets. A gift for endowment is a donor restriction. - GOSW and Forum of Regional Associations of Grantmakers Amy Sample Ward
