Until somewhat recently in the U.S., community foundations were pretty much the province of the wealthy. The same goes for the rest of institutional philanthropy - family foundations, donor-advised funds, etc. But something may be happening to community philanthropy in the U.S. and around the world that reflects the “mutuality of philanthropy,” the sense that “community philanthropy is for everyone,” according to Nick Deychakiwsky, senior program officer of the C.S. Mott Foundation.

http://www.nonprofitquarterly.org/philanthropy/19965-community-philanthropy-its-not-just-for-the-wealthy-anymore.html#.T1-NQVF6OKg.twitter