$312 Million as of December 31, 2010

The Community Foundation’s assets increased from $225 million on January 1, 2009 to $312 million as of December 31, 2010. In 2009-2010, total new gifts and transfers were $43 million while the increase in the value of investments was $69 million. More than $35 million was distributed in 2009-2010 from nearly 800 funds established by gifts, donor bequests, grants and organization endowments.

For more than eighty years, three generations of donors have chosen The Community Foundation as the region’s endowment organization to maintain the communities’ charitable assets and carry-out their charitable intentions in perpetuity. 

The investment management concepts and best practices contained within Connecticut law, such as the Uniform Prudent Management of Institutional Funds Act, and the Uniform Prudent Investors Act form the basis of The Community Foundation’s investment philosophy and strategy.

The communities' charitable assets are held either by The Community Foundation's corporation  (“The Corporation” or “The Community Foundation Inc.”) or in trust by one of four trustee banks: Wells Fargo,  Bank of America, NewAlliance Bank, and People's United Bank.

Donors determine whether a trustee or The Corporation will manage their assets.