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Gütersloh, 04/07/2007

New Report Outlines the Future of Community Foundations in a Transatlantic Perspective

Logo of the Transatlantic Community Foundation Network.

The Transatlantic Community Foundation Network (TCFN), a project of the Germany-based Bertelsmann Stiftung with support from the U.S.-based Charles Stewart Mott Foundation, has released a new report outlining the major trends that will affect the work of community foundations outside the United States. "The Future of Community Foundations. A Transatlantic Perspective" describes what challenges community foundations in Canada, Europe and Mexico are facing and how they can be leveraged to advance philanthropy around the globe.

"In a time of accelerating change in our communities and rapid growth in community-based philanthropic organizations, the future of community foundations in the transatlantic region holds great promise," notes TCFN Program Director Peter Walkenhorst. "To achieve their full potential, however, community foundations are well advised to anticipate the key trends that will shape the environment in which they operate, and to develop appropriate strategies for leveraging those trends in support of their work."

The report is a result of the TCFN Academy 2006, held in collaboration with the Stanford Graduate School of Business in Palo Alto, CA. It outlines the dominant themes of the Academy's discussions and includes short analyses of the specific situations in ten countries on both sides of the Atlantic. Key findings will be of interest to a wide audience of practitioners and funders of community-based philanthropy. The report can be downloaded at no cost from the Network's website.

The Transatlantic Community Foundation Network (TCFN) was established in 1999 to promote the development of community foundations on both sides of the Atlantic. It is a learning community comprised of four dozen community foundations and support organizations from 13 countries. The Network has produced a series of free resources targeted to emerging and developing community foundations, available on the Network's website. The TCFN Academy is a virtual think tank focusing on strategic issues that are relevant to the international community foundation movement. It provides a venue for studying important community foundation issues in a transnational, cross-cultural perspective.

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