Summary
Donating money to charity, especially large sums, is worthy and commendable. Ensuring that money does not duplicate existing efforts and can be pooled with other funds to do more good is smart business and increases the value of such philanthropy. That is the philosophy behind the Maine Community Foundation, which marks its 25th anniversary this year.
Begun in part by Bangor area businessmen including Bill Bullock, Herb Sargent and Andy Nixon, the foundation has long aimed to not only raise money for community projects, but to ensure such funds are managed and used effectively.See the full content of this document
Extract
Mcf Turns 25
Today, MCF manages $245 million in more than 1,000 different funds and scholarships. The goal, says Henry Schmelzer, the fo...
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