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Title edit
East Tennessee Foundation
Contact edit
- East Tennessee Foundation
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- Knoxville TN
- United States 37902
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- +1.8655241223
Description edit
Essentially, a community foundation does three things: 1) receives money 2) manages and invests money and 3) gives money. There are over 600 community foundations nationwide and they are the fastest growing form of philanthropy in the United States.
Anyone can be a donor and donations can consist of almost any asset of value. Philanthropy doesn't require great wealth and it doesn't have to be complicated. The Foundation is a collection of hundreds of funds established by individuals, families, businesses, and other nonprofits. These funds can be endowed or non-endowed.
The assets are pooled and invested under the watchful eye of a volunteer board of directors and investment committee made up of local leaders and investment professionals.
