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September 2007, Eva Nico, Rebecca Graves, Tracy Foster and Fay Hanleybrown | FSG Social Impact Advisors

This report, written by FSG Social Impact Advisors and sponsored by The James Irvine Foundation, is based on research with growing and community foundations. Community foundations of virtually any size will find valuable information, case studies and economic models.

This paper was written for and about emerging community foundations. Emerging refers to young community foundations that are experiencing—or are poised to experience—a high rate of growth. Emerging community foundations make up a high percentage of the community foundation field. This paper can also provide valuable lessons for community foundations of virtually any size that are undergoing a significant increase in scale of assets, operations or operating costs.

This report highlights experiences from the nine emerging community foundations engaged in Irvine’s Community Foundations Initiative II, as well as insights drawn from interviews with 15 fast-growing U.S. community foundations.