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In 2004, the Newtown Community Foundation officially incorporated and received its 501(c)(3) charitable status, meaning all funds invested are tax deductible to the donor. In 2005, the Board decided to become a supporting organization of the Bucks County Foundation, a community foundation serving all of Bucks County since 1979. As a Supporting Organization, Newtown can offer the same range of funds, use the same guidelines and avoid the administrative expenses of a larger organization. Early in 2005, Newtown Community Foundation
received its first gift and invited the community to invest in |
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