Baltimore Community Foundation Explained

Formation:1972
Type:Non-Profit Community Foundation
Footnotes:Member of the Maryland Association of Nonprofit Organizations
Baltimore Community Foundation, Inc.
Tax Id:23-7180620
Location:Baltimore, Maryland
Area Served:Greater Baltimore, Maryland
Method:Donations and Grants
Homepage:www.bcf.org
Staff:32
Mission:Inspire donors to achieve their charitable goals from generation to generation and to improve the quality of life in the Baltimore region through grantmaking, enlightened civic leadership and strategic investments.

The Baltimore Community Foundation (BCF) is a community foundation created by and for the people of Baltimore to serve the current and future needs of the Baltimore region.

The foundation distributed $30.7 million in 2020 to more than 1,500 nonprofit organizations in the Baltimore region and beyond.[1] It comprises more than 850 different charitable funds created by individuals, families, and corporations, totaling more than $240 million in assets. In addition to managing donor-advised funds, BCF makes grants and impact investments, and advocates for policies to improve public education and quality of life in Baltimore neighborhoods. Its role as an advocate was highlighted in FSG Social Impact Advisors’ 2009 report, Raising Money While Raising Hell.[2]

History

In 1972, leaders of Baltimore's five major banks joined to establish the Community Foundation of the Greater Baltimore Area. Inspired by the success of the nation's first community foundation in Cleveland, Ohio, and a rapidly growing network of community foundations nationwide. Co-founder Robert Levi of Mercantile-Safe Deposit and Trust, the fledgling organization's first chairman, felt strongly that Baltimore needed “a philanthropic organization that was a gathering of all people—no color line, no religious affiliation, no special cause.”[3]

Governance

BCF is governed by a 30-member board of trustees, selected to represent diverse community interests.[4] Its staff includes professionals in community investment, donor services, development, finance and administration, and communications.[5]

Initiatives

A number of key initiatives of the Baltimore Community Foundation are:

Notes and References

  1. Web site: About the Baltimore Community Foundation. live. https://web.archive.org/web/20210809163943/https://bcf.org/annual-reports/2020-annual-report/ . 2021-08-09 . 2021-09-23. www.bcf.org. en-US.
  2. Kania, John, et al. Raising Money While Raising Hell. FSG Social Impact Advisors, Fall 2009, p. 2-3. http://www.fsg.org/Portals/0/Uploads/Documents/PDF/Raising_Money_While_Raising_Hell.pdf?cpgn=WP%20DL%20-%20Raising%20Money%20while%20Raising%20Hell
  3. Levi, Robert H. Interview with Suzanne Wolff. 28 February 1994.
  4. Web site: BCF's Board of Trustees. www.bcf.org. en-US. live. https://web.archive.org/web/20151206061944/http://www.bcf.org:80/About-Us/Board . 2015-12-06 . 2019-10-30.
  5. Web site: Staff of the Baltimore Community Foundation. www.bcf.org. en-US. live. https://web.archive.org/web/20151206062237/http://www.bcf.org:80/About-Us/Staff . 2015-12-06 . 2019-10-30.
  6. Web site: BCF. Grants. 2021-09-23. Baltimore Community Foundation. en-US.
  7. Web site: Baltimore Community Foundation's investment pool grew 16% last year. live. 2021-09-23. www.bizjournals.com. https://web.archive.org/web/20210507025959/https://www.bizjournals.com/baltimore/news/2021/05/06/baltimore-community-foundation-beats-benchmark.html . 2021-05-07 .
  8. Web site: Shwe. Elizabeth. Presiding Officers Appoint Members to Blueprint Accountability Board Nominating Committee. 2021-09-23. Maryland Matters. en-US.
  9. Web site: Sponsors – Central Maryland Transportation Alliance. en-US. 2019-10-30.