We can set up charitable funds that make sure your gift keeps on giving to the community – forever.
We can establish a fund that addresses one specific philanthropic interest of yours or multiple areas of interest. Our donors support a wide range of philanthropic efforts in the community, including health and human services, environmental conservation, animal welfare, youth, women’s issues, economic development, the arts and more. Read more about our Our Funds
and Types of Funds
Some donors wish to establish funds in honor of a cherished family member or friend; others prefer to donate in anonymity. We work with you to ensure the level of public visibility you desire.
We tailor each fund to the charitable desires and financial requirements of our donors. We can help you zero in on the philanthropic causes, issues and organizations you believe in.
We enable donors to choose to have as little or as much direct involvement in the administration of their funds as they prefer.
We accept a wide variety of gifts on behalf of the Eastern Connecticut community – including everything from simple cash and credit card donations, to real estate, stocks and life insurance policies. Read more about Gifts We Accept
We can structure a fund that enables you to make a charitable impact immediately, a fund that enables you to leave a charitable legacy or some combination of the two. We’ll walk you through the benefits and advantages of all possible fund arrangements so you can choose the one that’s best for you.
While there are no fees involved in setting up a charitable fund with us, there are some small annual fees involved in a fund’s administration. Read more about Our Fees
Our foundation operates in an open, transparent manner that welcomes scrutiny and meets the highest philanthropic standards for financial integrity and accountability. Read more about Our Financial Accountability
We take our stewardship responsibilities seriously. We are committed to maximizing the financial returns on our donors’ charitable funds and issuing as many charitable grants and scholarships from those funds as possible every year. To do that, our Investment Committee, comprising board members and other volunteers with exceptional financial expertise, works with a team of professional investment advisors to safeguard and grow our donors’ portfolios. Read more about Our Investment Strategies
We help ensure that donations made to our foundation qualify for the maximum income, gift and/or estate tax deductibility allowed by law. Gifts that exceed allowable annual limits can sometimes be structured to provide donors with an income tax deduction that can be spread over multiple years.
We are a trusted philanthropic leader as a direct result of our in-depth knowledge of area needs with 35 years of grant-making experience in the region, and our longstanding relationships with the nonprofit agencies and civic officials at work in our communities. We research the issues and organizations you care about to ensure your donation will make an impact.
To help ensure your charitable fund continues to make an impact forever, our foundation maintains a provision called “variance power” in our bylaws and fund agreements, which gives our Board of Trustees the authority to change a fund’s purpose without going through a protracted, expensive legal process. So, for example, if the charitable organization your fund was designed to benefit ceases to exist, or the charitable need your fund was intended to address becomes obsolete, our board can give your fund a renewed charitable purpose that is as close as possible to the one you intended.
We value our donors. We honor and protect their wishes in perpetuity. The hundreds of donors who work with us are a testament to that unwavering commitment. Read more about Our Donor Bill of Rights