1. #1
    MembersZone Subscriber

    Join Date
    Oct 2003

    Default Partnering Private foundations

    I am pondering the Idea of creating a private foundation which is a 501c3 chertiable organization which can give and recieve grants. The sole purpose of this foundation would be to support the fire department and suppliment the department budget. Has this arrangement ever been tried before??

    I have done the math, a department such as mine with a $200,000 budget can be supported with 2-3% of the interest of 6 - 8 Million invested. This would be a large undertaking but I think this would create a great future for the fire service.

  2. #2
    MembersZone Subscriber

    Join Date
    Aug 2002
    Wake Forest, NC USA

    Default 501(c)(3)

    Tualatin Valley Fire & Rescue in Aloha, Oregon, has a "Community Services Trust" which, among other things, receives donations and disburses money for community benefit projects. I believe that it is a 501(c)(3) not-for-profit. www.tvfr.com.

    Orange County Fire Authority (in California) recently started a foundation. I don't have any details. www. ocfa.org.

    Seems like a good idea!

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts

Log in

Click here to log in or register