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Colfax council directs staff to form independent Colfax Community Foundation
Summary
Council voted to direct the city manager to work with council members on formation documents for a proposed independent nonprofit, the Colfax Community Foundation, intended to accept donated funds and trust accounts to support local programs and extend aid beyond city limits; no city funding was committed tonight.
The Colfax City Council on Dec. 10 directed the city manager to work with Councilmember Burris and one other council member to prepare formation documents to establish an independent nonprofit, to be called the Colfax Community Foundation.
Burris told the council the foundation would allow the city to accept philanthropic gifts and form trust accounts that could fund public benefits and programs that the city itself is limited from administering. "By forming an independent nonprofit, we would be able to use it as an umbrella organization that would have board members from all of…
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