What is The Alexandria Area Community Foundation?
The foundation serves the Alexandria, Minnesota area with a mission to provide a way to give back to the community some portion of what the community has given to contributors.
The Alexandria Area Community Foundation is affiliated with the Minnesota Community Foundation. Contributions from individuals, businesses, industry and other foundations will be invested and managed by The Minnesota Community Foundation. These resources will then be made available through a grant process to respond to community needs and aspirations.
What The Alexandria Community Foundation offers:
Continuity: Gifts can continue to provide community support over a period of years.
Simplicity: One gift may benefit numerous organizations and activities.
Perpetuity: A fund may be established with assurance that the proceeds will benefit the community well beyond the donor's lifetime.
Security: A well established, ongoing foundation using professional investment counselors assures sound management of gifts.
Tax Benefits: Donations are deductible to the extent allowed by Internal Revenue code.
Philanthropy: The foundation allows others to share one's good fortune with those less fortunate.
How did the foundation begin?
The foundation was established in 1992 by a group of citizens interested in creating a permanent vehicle that would serve the evolving needs of the Alexandria area over time.
How does the foundation work?
The foundation operates under the direction of an Advisory Board comprised of responsible individuals to be representative of the community.
Their responsibilities are to:
- Monitor the financial management of the foundation assets to ensure maximum return for community needs.
- Distribute available funds to eligible causes through a grant process.
- Inform the community of the foundation's work in order to strengthen public understanding and support.
- Service the community by working with grant seekers and donors.
- Seek contributions for the ongoing work of the foundation.
Who benefits?
The citizens of the Alexandria area benefit. The Foundation supports funding of activities that promote cultural, educational, civic, wellness and environmental programs in our area. Grants will include all elements of the community, all age groups, urban and rural, men and women, and the disadvantaged.
For more information:
Members of the Advisory Board are available to speak with individuals, groups, and organizations regarding the workings of The Foundation.
Grant seekers may receive guidance with the grant application process from the Advisory Board members. The Advisory Board oversees the development of the endowment and provides the leadership needed to realize the foundation's mission.
Board members are selected based on their knowledge and commitment to the community, their leadership abilities, their diverse backgrounds and affiliations, and their willingness to work hard to build and direct the foundation.
Gift Giving:
If you would like information on different giving options or making an anonymous gift, please feel free to contact our gift planner at the Minnesota Community Foundation:
Gift Planner / Community Funds Specialist
Minnesota Community Foundation
55 Fifth Street East, Suite 600
Saint Paul, Minnesota 55101
1-800-875-6160 (218-262-4212)
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