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What is the difference between the Springfield Foundation and the Turner Foundation? |
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The Turner Foundation is a private family foundation while the Springfield Foundation is a community foundation. Private Foundations are typically created by businesses or a single wealthy individual or family. Community Foundations are created by and for the community it serves. Community Foundations are governed by a board of community members and provide funding for all aspects of the community. A private foundation provides grants in the donor-family's area of interest. Additionally, the tax deductions available to donors of community foundations are greater.
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