The Community Foundation promotes philanthropy and increases resources
for 31 towns in eastern and northeastern Connecticut. It supports charitable
work in the community, provides grants to local nonprofits, and builds
an endowment for ongoing resources. As a public charity, the Community
Foundation is allowed the maximum tax benefits for all contributions
under the law for charitable deductions (up to 50% of adjusted gross
income). We are happy to provide you with this overview of our Funding
Structure to help you best direct your gift to the causes you care
about.
Donors may support charitable activity through the Community Foundation
in a variety of ways.
- The easiest way is to make a general donation of any amount to the
Annual Fund to help support the Community Foundation’s current
work.
- Another option is to make a Named Donation of at least $1,000 to an
existing Community Foundation Fund, ensuring that your gift will be
invested with other component funds for maximum impact over a long
period of time. The gift may be made in your name, may be an “in
memory of” gift, or may be anonymous.
 Or, you may decide to make a legacy gift by setting up a new named
Donor Fund that reflects your specific interests and provides ongoing
resources to the causes and charities that you care about. With a gift
or pledge of at least $5,000, you may establish a permanently-endowed
fund, and make suggestions regarding the charities your fund supports
on an annual basis.- Also, you may choose to build your fund over time, with annual gifts
of $1,000 or more.
- Donations of any size may be applied to any existing donor-established
fund; the Community Foundation can provide you with a complete list
of current donor funds.
New Law Benefits IRA Holders: New tax laws currently
allow donors 70 1/2 and older to donate the full value of an IRA. For
details, see New Law Benefits IRA
Holders
The essence of what we do is simple: We manage
your investment in our community.
Download our donation form (rich text format)
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