The Portage Foundation:
To inspire philanthropy, build endowments, impact causes, and engage community leaders in Portage County, Ohio.
Please Note: Our 2022 Grant Application Cycle is closed. The next grant cycle will be Fall 2023.
Memorials
Learn more about Memorial Gifts & ways to leave a lasting legacy within the greater community
What is a community foundation?
As a Community Foundation, the Portage Foundation is a charitable organization created by and for a community of people. It is supported by local donors and governed by a board of private citizens who work toward the greater good of the citizens in the community. Funds come from a variety of sources, including bequests and living trusts, and are invested in perpetuity. The investment earnings are then distributed to worthy organizations or causes.
How does a community foundation work?
The Portage Foundation, like all community foundations, is governed by a board of trustees comprised of community leaders and is administered by professional staff. Operating expenses are paid from an annual fund fee and from gifts designated by donors to cover foundation operating and program costs.
The purpose of a community foundation is two-fold:
- To grow endowments that will continually benefit its defined area through grant-making and other charitable activities;
- To serve those who donate to the endowment by helping them to accomplish their charitable goals.
The Portage Foundation was established in 1997 from the assets realized through the sale of the Greater Portage Area Visiting Nurse Association and Hospice. The Foundation was created to build a permanent source of income to meet community charitable needs and the philanthropic needs for our donors. The Portage Foundation is recognized by the Internal Revenue Service as a 501(c)(3) public charity and has more than $8 million in assets.