To develop, receive, administer and manage, under community control,
funds received from public and private sources and distribute them for charitable
purposes, primarily to meet local needs.
What Is A Community Foundation?
The Community Foundation
is a unique product of a democratic society built on private enterprise. Though
institutions similar to ours also provide services to those in need, the community
foundation's special impact derives from the reality of its permanence on one
hand and its flexibility on the other - both designed to address the changing and diverse
needs of the community.
What is the History of the Montgomery County Foundation?
The Montgomery County Foundation was originally created in 1960
as the Central Montgomery County Foundation. A group of forward thinking civic
leaders, led by Judge Alfred L. Taxis, Jr. of Norristown, who at the time was
President Judge of the Orphans' Court of Montgomery County, M. Paul Smith of
the law firm of Smith, Aker, Grossman & Hollinger, LLP, Eric Sander of the
Central Montgomery County Chamber of Commerce, Robert McCracken, Publisher of
the Times Herald along with representatives from numerous community organizations,
created the original foundation to provide additional income to the non-profit
sector. The Foundation was originally structured as a Community Trust and for
the first twenty-five years, volunteers provided oversight and management. In
1985, following the receipt of a major bequest, the Foundation's first paid
Administrator, John C. Webber, was hired and the name of the Foundation was
changed to the Montgomery County Foundation. In 1999, during a strategic planning
process, a fund development vision was formed for the Foundation and one of
the first steps in response to this was the incorporation of the Foundation.
As a result, the Montgomery County Foundation is structured both as a Community
Trust and a Corporation. This gives greater flexibility to our work with donors
in pursuit of their philanthropic vision.
The Montgomery County Foundation in brief.