Established in July, 1963, by a small group of visionary citizens, Ann Arbor Area Community Foundation (AAACF) is a tax-exempt public charity that helps individuals, families, groups, and organizations accomplish their philanthropic goals. In 1963, two grants totaling $6,291 were awarded from an asset base of $59,018. As of June 2024, AAACF assets exceed $210 million, making it one of the largest community foundations in Michigan, and one of the ...