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Keeping the Community Pulse, an Important Promise

Variety and Continuing Impact of Grants Sustain Donor TrustKeeping the Community Pulse, an Important Promise

The Foundation’s charter document declares that its essential function is to “meet the changing needs [of the community] … with flexibility.” Of the $19M available from endowment spending in 2012, $8M is available from unrestricted and field of interest funds that provide flexibility to address changing community needs and opportunities. Already this year, these funds have supported initiatives as diverse as Granville Academy students attending a youth conference, programming for young adults with developmental challenges through Allie’s Dream, energy assistance for low-income families through Operation Fuel, and the Opera Theater of Connecticut’s presentation of “Lucia di Lammermoor.”


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Chuck V. Loring, MBA, CFRE is a Senior Governance Associate for BoardSource and senior partner of Loring, Sternberg & Associates, based in Fort Lauderdale and Indianapolis, which provides governance consulting services to nonprofits. Chuck has helped hundreds of local and regional nonprofits across the country strengthen their boards and improve governance practices, and advanced the missions of world renowned organizations such as Special Olympics, Second Harvest Food Banks, Boys and Girls Clubs of America, The Susan G. Komen Foundation, and the Smithsonian National Museum of the American Indian. Chuck also conducts training programs for funding organizations, including a host of community foundations across the country.

Mr. Giovannini attended Southern Connecticut State University, earning a BS in 1968 and a Master's in Education in 1972. He taught math in New Haven before moving to California where he started his own business, American Packaging Company in 1976. Fred always remembered his roots and set up a scholarship for West Haven High School seniors planning to attend college.


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