The Community Foundation for Palm Beach & Martin Counties

What The Community Foundation for Palm Beach & Martin Counties does

The Community Foundation for Palm Beach and Martin Counties is a 501(c)(3) public charity founded in 1972, headquartered in West Palm Beach, Florida, and operating as a regional philanthropic intermediary for Palm Beach and Martin Counties. The foundation manages over $293M in total charitable assets across 600+ funds on behalf of 13,000+ donors, and has distributed more than $276M in scholarships and grants since inception, including $5.6M to 159 local nonprofits in 2025 alone. Its core product is the Donor-Advised Fund (DAF), supplemented by scholarship funds (over 100 managed), nonprofit endowment funds (with a $50,000 minimum), legacy/estate planning vehicles, and Individually Managed Accounts run through Morgan Stanley. The foundation generates revenue through administrative fees of approximately 1% on AUM (with a $250 annual minimum) plus investment management fees layered via Morgan Stanley-managed portfolios including Long-Term, Indexed, Balanced Income, and Money Market options.

Beyond fund administration, the foundation operates as a strategic grantmaker across five priority areas (Crisis Preparation and Response, Capacity Building, Economic Opportunity, Thriving Community, and Education and Youth) and serves as project lead for major community initiatives including the 37,000-square-foot African American Museum & Research Library (groundbreaking fall 2026, opening 2028) and the relaunched Marjorie S. Fisher Tooth Fairy mobile dental van (launching 2026-2027). Distribution is conducted through a dedicated Philanthropic Services team for high-net-worth donors, supplemented by a Philanthropic Advisory Council of professional advisors (bankers, attorneys, CPAs), an online donor portal (FC Suite), and the Grant Interface platform for nonprofit applicants. The foundation holds the National Standards Seal from the Council on Foundations and the Candid Platinum Seal of Transparency, and is governed by an independent board under President & CEO Danita R. DeHaney, Ph.D.

Name

The Community Foundation for Palm Beach & Martin Counties

Legal name

The Community Foundation for Palm Beach and Martin Counties, Inc.

Website

https://yourcommunityfoundation.org

Company type

Private

Founded year

1972

Operating status

Operating

Headcount range

11–50 employees

Short description

The Community Foundation for Palm Beach and Martin Counties is a 501(c)(3) public charity founded in 1972 that manages $293M+ in charitable assets across 600+ funds, serving 13,000+ donors and distributing $276M+ in scholarships and grants to local nonprofits and students.

Ownership category

akta.pro rank

Product category

Community Foundation Philanthropic Services

NAICS

Grantmaking Foundations (813211), Grantmaking and Giving Services (81321), Grantmaking and Giving Services (8132), Other Grantmaking and Giving Services (813219)

akta.pro primary industry

Community Foundations (BPAGAKAB)

akta.pro secondary industries

Donor-Advised Fund (DAF) Sponsors (BPAGAKAF), Family Offices & Philanthropic Advisors (Grantmaking) (BPAGAKAD), Corporate Foundations & CSR Grantmaking (BPAGAKAC), Scholarship & Fellowship Foundations and Trusts (EDADAHAC), Philanthropy & Foundations Advisory (Donor-Advised Funds, Endowments) (FSAAABAH)

Keywords

• Community foundation services
• Donor-advised fund management
• Charitable grantmaking
• Scholarship fund administration
• Philanthropic advisory services

Headquarters

HQ city

West Palm Beach

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Supply Chain

Revenue model

1. Administrative Fees on Charitable Funds: The Community Foundation generates revenue through administrative fees charged on donor funds held at the foundation. Fees typically remain around 1% for charitable institutions of their size, with minimum annual fees of $250. Different fee structures apply to different fund types including Donor Advised Funds, Nonprofit Funds, and Education/Scholarship Funds.
2. Investment Management Fees: Investment fees vary based on the investment selection chosen by donors. The foundation offers various investment options including Long-Term Portfolio, Indexed Portfolio, Balanced Income Portfolio, Money Market Portfolio, and Individually Managed Accounts (IMAs) managed through Morgan Stanley.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

The Community Foundation for Palm Beach & Martin Counties is a 501(c)(3) public charity that administers charitable funds on behalf of donors and distributes grants and scholarships to support community needs in Palm Beach and Martin Counties. Its core offerings include donor-advised funds (DAFs), scholarship funds, nonprofit endowment funds, legacy/estate planning, individually managed investment accounts, and competitive grantmaking to vetted local nonprofits across five priority areas (Crisis Response, Capacity Building, Economic Opportunity, Thriving Community, Education and Youth).

Product overview

The Community Foundation for Palm Beach & Martin Counties operates as a philanthropic services organization offering a unified platform of charitable giving services. The core offering centers on Donor-Advised Funds (DAFs), which serve as the primary vehicle for individual and family philanthropy, supplemented by dedicated Scholarship Funds, Nonprofit Funds, Legacy Planning services, and Individually Managed Accounts. Beyond fund management, the Foundation conducts direct grantmaking to 159 local nonprofits annually (distributing $5.6M+ in 2025), manages a Disaster Relief Fund, and operates major cultural initiatives including the African American Museum & Research Library (AAMRL) and the Marjorie S. Fisher Tooth Fairy Van program. The organization connects donors to nonprofit partners across five strategic priority areas: Crisis Preparation and Response, Capacity Building, Economic Opportunity, Thriving Community, and Education and Youth.

Differentiator

Problem solved

Functional benefit

Products and services

• Donor-Advised Funds (DAFs) A charitable giving vehicle allowing individuals and families to support a variety of causes throughout the United States whenever they choose. Donors receive tax benefits and can recommend grants to nonprofits. Admin fees ~1%, minimum annual fee $250.
• Scholarship Funds Scholarship funds allow donors to honor a loved one or support specific populations of students with the gift of education. The Community Foundation manages 100+ scholarship funds and has awarded 3,000+ scholarships historically.
• Nonprofit Funds An effective vehicle for building a sustainable financial future and securing the legacy of local nonprofits. Includes endowment and investment fund options with $50,000 minimum initial contribution.
• Legacy Planning Establish a fund on paper now and activate it when the time is right. Includes estate gift planning through the Legacy Society; no fees charged until assets are received from the estate.
• Individually Managed Accounts (IMAs) An investment account option where donors can utilize their preferred investment manager through the IMA program. Assets are moved from the Community Foundation to the donor's preferred manager while maintaining DAF benefits.
• Grantmaking Program The Foundation distributes grants to nonprofits through competitive grantmaking processes, supporting various community initiatives across Palm Beach and Martin Counties ($5.6M+ to 159 nonprofits in 2025).
• Disaster Relief Fund A dedicated fund supporting relief efforts for disasters such as Hurricanes Milton and Helene, coordinating with nonprofits to provide food, supplies, and housing support to affected families.
• Corporate/Committee Giving Fund For businesses and organizations to impact the community by distributing charitable dollars through a corporate or committee structure. No minimum initial contribution required; billed annually.

Quantifiable outcome

• $5.6M distributed to 159 nonprofits in 2025 alone
• +2 more outcomes

Named customers8 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

17 partnerships are on record, tiered major and core.

• United Way of Martin CountymajorStrategic or Co-development Partner · 8 February 2026Community Foundation Martin-St. Lucie partnered with United Way of Martin County in disaster recovery efforts following tornadoes and Hurricane Milton in October 2024, coordinating with nonprofits including House of Hope, Salvation Army, and Habitat for Humanity.
• U.S. SugarcoreStrategic or Co-development Partner · 20 May 2025U.S. Sugar invested in the Boldin Family Literacy Program through the Community Foundation, partnering with Boldin Community Impact and Literacy Coalition of Palm Beach County to support Glades families in building literacy skills through two-generation learning initiatives.
• Boldin Community ImpactcoreStrategic or Co-development PartnerLed the family literacy program at Pahokee Elementary School designed to unite families in literacy development. Program included parent learning academy, parent and child together time, and family literacy nights. All 10 participating families attended sessions twice monthly.
• Literacy Coalition of Palm Beach CountycoreStrategic or Co-development PartnerPartnered with Boldin Community Impact and supported by U.S. Sugar and Community Foundation to deliver family literacy workshops covering phonics, vocabulary, and reading comprehension for Glades families.
• House of HopemajorStrategic or Co-development PartnerNonprofit partner in disaster recovery efforts receiving $20,000 funding from United Way of Martin County allocation to address increased demand caused by federal budget cuts reducing SNAP and WIC benefits.
• Salvation ArmymajorStrategic or Co-development PartnerPartnered with United Way of Martin County in disaster recovery efforts following October 2024 tornadoes and Hurricane Milton, providing food, supplies, and housing support.
• Habitat for HumanitymajorStrategic or Co-development PartnerPartnered with United Way of Martin County in disaster recovery efforts providing housing support to families affected by October 2024 tornadoes and Hurricane Milton.
• Council on Aging of Martin CountymajorStrategic or Co-development PartnerReceived $20,000 funding from United Way of Martin County to address increased demand for services caused by federal budget cuts reducing SNAP and WIC benefits.
• School District of Palm Beach CountycoreStrategic or Co-development PartnerOwns the historic Roosevelt High School site (1601 N. Tamarind Ave) where AAMRL will be built. Has begun Phase I renovations and working with Community Foundation on project development.
• Bora Architecture & InteriorscoreImplementation/ SI/ Consulting PartnerLead design firm selected in June 2025 for the African American Museum and Research Library project. Portland-based purpose-driven design practice with expertise in cultural, educational, and community development spaces.
• STORYN Studio for ArchitecturecoreImplementation/ SI/ Consulting PartnerInterdisciplinary architecture firm collaborating with Bora on the AAMRL project, bringing expertise in cultural, civic, and hospitality spaces with commitment to environmental stewardship and community partnership.
• Hood Design StudiomajorImplementation/ SI/ Consulting PartnerLandscape architecture and placemaking firm contributing to the AAMRL project design team.
• Local ProjectsmajorImplementation/ SI/ Consulting PartnerExhibit design firm on the AAMRL project team for African American Museum and Research Library.
• Clinics Can HelpmajorStrategic or Co-development PartnerPartnered with Community Foundation to equip and relaunch the Marjorie S. Fisher Tooth Fairy mobile dental van with supplies for school visits beginning 2026-2027 school year.
• United Way of Palm Beach CountymajorStrategic or Co-development PartnerSecured the Tooth Fairy vehicle alongside Clinics Can Help. Coordinating with Florida Department of Health and Community Foundation for mobile pediatric dental care program.
• Florida Department of HealthmajorStrategic or Co-development PartnerWill coordinate visits to elementary schools and oversee care with its team of dentists and hygienists for the Tooth Fairy mobile dental program.
• Morgan StanleymajorTechnology or IntegrationIndependent consulting firm working with board Investment Committee to establish investment policy, implement asset allocation, set benchmarks, and monitor individual investment managers on a quarterly basis.

Scale indicators10 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Fidelity Charitable: Largest national donor-advised fund sponsor, operated by Fidelity Investments. Competes for the same DAF donors as community foundations but at much larger scale with a fully digital onboarding model and lower minimums.
• Schwab Charitable: National donor-advised fund sponsor affiliated with Charles Schwab, holding tens of billions in DAF assets. Competes for high-net-worth donor charitable dollars that could otherwise flow to community foundations.

Direct peers

• Cleveland Foundation: The first U.S. community foundation (1914), providing DAFs, scholarship administration, and competitive grants in a defined regional market. Directly comparable in mission and service offering.
• The Miami Foundation: Florida-based community foundation serving Miami-Dade County with DAFs, scholarship funds, and competitive grantmaking. Directly comparable as a regional community foundation in the same state, with overlapping donor pools in South Florida.
• Greater Houston Community Foundation: Texas-based community foundation managing more than $1B in charitable assets with DAFs, scholarship funds, and competitive grant cycles. Highly comparable operating model and donor base profile.
• Silicon Valley Community Foundation: Major U.S. community foundation managing one of the largest pools of DAF assets with global grantmaking reach. Comparable in DAF-centric product offering and high-net-worth donor focus.
• Foundation for the Carolinas: One of the largest U.S. community foundations managing multi-billion-dollar AUM with DAFs, scholarship programs, and competitive grantmaking. Highly comparable operating model and product mix to the subject company.
• San Diego Foundation: Regional community foundation managing charitable funds, scholarship programs, and grantmaking in San Diego County. Comparable in scale, product set, and geographic single-region focus.
• Chicago Community Trust: Large, established community foundation offering DAFs, scholarship funds, nonprofit endowments, and competitive grantmaking. Comparable in product breadth and philanthropic services platform.
• Community Foundation of Tampa Bay: Regional Florida community foundation managing charitable funds, DAFs, and grants across Hillsborough, Pinellas, Pasco, Hernando, and Citrus counties. Comparable scale and service model to the Palm Beach & Martin Counties foundation.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/cfpbmc
• YouTubeyoutube.com/user/palmbeachmartincf
• Facebookfacebook.com/cfpbmc
• LinkedInlinkedin.com/company/community-foundation-for-palm-beach-and-martin-counties
• Instagraminstagram.com/cfpbmc

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds2 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments36 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The Community Foundation for Palm Beach & Martin Counties