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PURPOSE

Purpose of a Community Foundation is to connect people who care with causes that matter.  As 
described above in our Mission Statement, we have a double purpose: 

•  Develop and manage opportunities for giving that provide donors and potential donors with the means for making a difference in the Dripping Springs community.  When caring individuals want to have a positive effect on the lives of their neighbors, the Dripping Springs Community Foundation (DSCF) can help make that happen.  Donations to the Foundation may support a specific purpose or the broader community, and the establishment of a Fund with the DSCF can provide tax benefits and the opportunity to meet long term objectives.  See the page "For Donors" for more information.

•  To provide support to local charities 
through grants that respond to emerging and changing needs and opportunities, and by giving visibility for the organizations to a different audience.  Dripping Springs is growing rapidly and the needs of the community are shifting. Non-profits are awarded grants from the DSCF's Endowment Fund, and donors of other held funds may specify grants to charities that address their concerns.  For more information, see the page "For Non-Profits".



HOW WE OPERATE

The Dripping Springs Community Foundation was established as a 501(c)(3) non-profit organization in 1999.  A relationship with the Austin Community Foundation (ACF) was established and initially, all operations were conducted under the ACF as well.

In 2017, the DSCF became a "Master Agency" of the ACF, transferring the ownership of all DSCF funds held by the ACF back to the DSCF.  While still invested by the ACF, all funds are now totally managed and administered by the Dripping Springs Community Foundation.  These include an Endowment Fund, a Scholarship Fund, and various Donor Advised Funds.  

Thanks to the generous support of many, the Dripping Springs Community Foundation is able to make significant grants to deserving groups.  We rely entirely on the generosity of those individuals, families and members of the business community who wish to contribute.  No gift is too small or too large and all are vital to the Foundation's work.

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