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Public Foundation:
A nongovernmental public charity that operates grants programs benefiting unrelated organizations or individuals as one of its primary purposes. There is no legal or IRS definition of a public foundation. Increasingly, public foundations have been established to receive funds and make grants for populations with special needs, for specific subject areas, or around other non-geographic communities of interest.
Current Membership Statistics:
CMF’s membership contains 19 public foundations, representing 6% of the total active membership. Examples of CMF member public foundations include the Chaldean Community Foundation; The Jewish Fund;Center for Arab American Philanthropy ;and the Michigan State Medical Society.
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