Philanthropy for Newton?

Here in Newton many city residents generously support local non-profit institutions by making personal donations. Could we enlist similar help financing schools, parks, recreational facilities and more?  A "Newton Foundation" could be created in the mold of the Newton Schools Foundation, which would make it easier for willing individuals to contribute to the betterment of our city.  Other cities have had success in this area, and Newton could as well.  Read more about this idea here, and let us know your thoughts.