Offers a historical perspective on the community college foundation, reviews 1987 research findings concerning foundation assets, lists 10 steps to establishing a foundation, and identifies key factors in organizational success. Describes the revitalization of the Citrus College Foundation. (DMM)

Presents the results of a 1980 study of community college foundations. Reports an increase in the number of foundations and total assets and that actual dollar support is evident. Recognizes the possibility of private funding as a stop-gap between higher education's expanding financial needs and regular funding sources. (DMM)