FAQ

Q: What is a foundation?

A: A foundation is a nonprofit corporation or a charitable trust with a principal purpose of making grants to unrelated organizations for scientific, educational, cultural, religious, or other charitable purposes. (Source: Council on Foundations)

Q: Are there different types of charitable foundations? If so, what are they?

A: Yes. Essentially there are two different types of charitable foundations: private foundations and public foundations. In addition, there are other grantmaking organizations such as United Ways, which, like community foundations, are a public charity.    

Q: How are private foundations and public foundations different from each other?

A: A Private Foundation receives most of its funds from one source, whether an individual, a family, or a corporation. A Public Foundation, in contrast, normally receives its assets from multiple sources, which may include private foundations, individuals, government agencies, and fees for service. United Ways are similar to public foundations in this way.

Q: What are some examples of Private Foundations operating in the Hudson Valley?

  • The Dyson Foundation
  • The Kaplan Family Foundation
  • Ralph E. Ogden Foundation
  • Field Hall Foundation

Q: What are some examples of Public Foundations and United Ways operating in the Hudson Valley?

  • Community Foundations of the Hudson Valley
  • United Way of Westchester and Putnam
  • Community Foundation of Orange and Sullivan
  • United Way of the Dutchess-Orange Region
  • Community Foundation of Orange and Sullivan

Q: Have members of the Funders Network created new sources of funding to help nonprofits survive during the pandemic?

A: Yes. At the outset of the pandemic several member foundations dedicated new funding programs to help Hudson Valley nonprofits address specific areas of need. At the start of the crisis, what was created included Ulster County’s Project Resilience, a Dyson Foundation directed fund to NYCON to address immediate technical assistance needs of nonprofits related to the COVID pandemic, and the various county level emergency response funds held by community foundations and United Ways. Now we have created new funds to provide free technical assistance to Hudson Valley nonprofits. These funds will support NYCON and NYCON’s subcontractors to help organizations and/or their critical community missions survive the crisis.