WHAT IS ACT?
ACT brings the community together to elevate local philanthropic giving and engagement to new heights. We connect donors with causes they are passionate about and collaborate with nonprofits to optimize resources and impact. We listen deeply to our community, advocate for key issues, and develop solutions for Alexandria’s most pressing challenges. Continuing our initiatives – the Alexandria Resilience Fund, Spring2ACTion, our Racial Equity work, emergency and capacity-building grants to local nonprofits, and the Youth Support Network – is vital to the wellbeing of Alexandria.
Review ACT for Alexandria’s 2019 – 2021 Strategic Compass
In the fall of 2002, a small group of Alexandrians came together to decide how best to stimulate philanthropic giving to improve the lives of the most vulnerable in their community.
One of the several catalysts was the availability of an initial sum of money that the family of Norma L. Steuerle, a generous, long-time Alexandria resident, transferred to ACT after Mrs. Steuerle’s tragic death on September 11, 2001. After careful consideration, the group determined that a community foundation focused on Alexandria would be the right vehicle to make a deep, long-lasting impact on their community.
WHAT IS A COMMUNITY FOUNDATION?
Community foundations are tax-exempt, charitable organizations that serve people who share a common interest—improving the quality of life in their community. Like a public charity, community foundations seek support from the general public, but like private foundations, they also provide grants. More than 750 community foundations operate in urban and rural areas in every state in the United States.
FINANCIALS & ACCOUNTABILITY
ACT for Alexandria is committed to transparency and accountability, and we operate with the highest standards of integrity and stewardship.
ACT for Alexandria is a community foundation designed to maintain Alexandria’s philanthropic assets in perpetuity. Gifts placed into the foundation are invested, grants are made annually, and earnings continue to grow permanent community capital. Fund management and fund stewardship are achieved through disciplined and integrated spending, and investment policies in partnership with Brown Advisory, a national leader in investment management for community foundations.
ACT for Alexandria is a recognized 501(c)(3) organization, and our TIN is 26-4322369.
INVESTMENTS & FINANCIALS