WE INSPIRE PHILANTHROPY, BUILD ENDOWMENTS, IMPACT CAUSES AND ENGAGE COMMUNITY LEADERS IN PORTAGE COUNTY, OHIO. A Community 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.