A community foundation is a nonprofit organization that collects and manages funds to support local initiatives and projects. These foundations often work with individuals, families, and businesses to create endowments, which are invested to generate income for community grants. The goal is to improve the quality of life in a specific area by addressing local needs and challenges. Community foundations typically focus on various issues, such as education, health, and the environment. They engage with local residents to identify priorities and distribute funds to organizations and programs that align with those needs. This collaborative approach helps strengthen the community and fosters a sense of shared responsibility.