Charitable Fund Options
Imagine the possibilities!
Whether you’re 26 or 62, you may have questions about how to give back to our community and what it means to be called “a philanthropist.” And when we say philanthropist, we don’t attach a dollar amount—we focus on your inspiration to build a better future for this place we all call home. There are multiple ways for you to support the organizations or issues that are most meaningful to you, in perpetuity. And we can help.
The types of permanent funds that you can establish at The Community Foundation —throughout your lifetime and/or through your estate—are flexible in their design to provide something for everyone.
In just three easy steps, you can create a fund at The Community Foundation for Greater New Haven:
- Tell us how you wish the earning from your fund to be used. Is there a specific charity you'd like to benefit, or a specific cause? Or do you want to remain active by making grant recommendations throughout your life? Would you like to leave a legacy that can be used to meet any community problem or opportunity?
- Tell us what you would like to name your fund. It can be your name, your family's name or something else that is meaningful to you. You are creating a permanent legacy in that name. One hundred years from now, your fund will still be making gifts in whatever name you choose. Of course, you can also set up an anonymous fund if you prefer.
- Decide the type of gift and amount you want to use to create your fund. Any amount, from $10,000 and up*, can be used to start a fund. And almost any type of asset can be used - from cash to stock to your antique car!
Already know the type of fund you wish to create? Review the types of assets you can give today and tomorrow.
*funds can be built over a set time period, typically 3-5 years.