The North Star Community Foundation (NSCF) operates exclusively for charitable purposes as a 501(c) (3) designed to aid and assist the general welfare of the citizens of Fairbanks and the North Star Borough; to support the development, growth and preservation of the community; to benefit, provide funds for, and improve the quality of life for all citizens especially those in need; to improve the standards and potentialities of Interior Alaska and more specifically the Fairbanks North Star Borough as a viable and diverse community; to provide grants, loans and other assistance to men, women, children and organizations of promise; to encourage philanthropy and to assist individuals and organizations in creating endowments for the perpetual benefit of the community.