Category | Conservancy | Community Foundation | Land Trust | "Friends of" Organization | Public Wealth Fund |
Mission | Protect and preserve natural resources, often through a specific asset like a park, river, or wildlife area. | Improve life in a specific geographic area by pooling donations and making grants to local nonprofits. | Conserve land permanently by purchasing it or obtaining conservation easements, protecting natural habitats and farmland. | Raise funds for and support a specific foreign or larger domestic nonprofit organization. | Generate revenue from government-owned assets to fund public services or be distributed to citizens. |
Funding Source | Public donations, memberships, grants, and fundraising events. | Donations from individuals, families, and businesses within the community. | Public donations, memberships, grants, and sometimes by purchasing land. | Donations from the public, especially those who wish to receive a U.S. tax deduction for supporting a foreign cause. | Revenues from government assets, such as utilities, transportation, real estate, or natural resources. |
Geographic Scope | Can operate locally or nationally, but the focus is often on a specific project or natural resource. | Serves a specific, defined local geographic area. | Can be local, state, or national, with a focus on land within a specific service area. | Typically a U.S.-based entity supporting a foreign organization, but can also support a specific domestic institution like a park. | Can be national or local, managing assets within its jurisdiction. |
Activities | Conducts direct conservation work, advocacy, and educational programs. | Administers funds, manages endowments, and issues grants to other organizations. | Acquires and manages land, holds conservation easements, and may offer public access or restoration. | Solicits donations in the U.S., but its board must retain discretion over grantmaking to the foreign partner. | Manages and invests public assets, often using revenue to fund public services or provide dividends. |
Key Difference | Mission-focused and activist: Engages in direct environmental protection and advocacy work. | Broad and philanthropic: A grantmaking hub for all kinds of charitable giving in a specific area. | Land-acquisition focused: Specifically works with real estate to ensure permanent conservation. | Conduit for tax-deductible giving: Provides a legal vehicle for U.S. donors to support foreign (or specific domestic) charities. | Government-owned and revenue-driven: A state or city-run investment fund, not a nonprofit. |
Note: Content summarized with assistance from ChatGPT. ChatGPT can make mistakes-- check important information.