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Highlights
1914: Frederick Goff defines the community trust and establishes the Cleveland Foundation.
1924: Two Hartford bankers draw up a Resolution and Declaration of Trust document to start the Hartford Foundation. Henry Galpin, Osborne A. Day, Charles G. Morris, Louis Hemingway, and Thomas M. Steele begin planning for a New Haven Community Trust.
1928: Founders file the Resolution and Declaration of Trust to begin the New Haven Foundation. Eleven banks accept the resolution and become trustees for the Foundation. Nettie J. Dayton makes the first contribution ($135,000) to the Foundation as a bequest. The New Haven Foundation’s Trustees Committee holds its first meeting.
1929: At the January 16th inaugural annual meeting of New Haven Foundation’s Distribution Committee, the members learn of the Dayton bequest.
1930: The Distribution Committee awards the first Foundation grants.
1953: By its 25th year, The Foundation has $5 million in assets.
1954: Mrs. Edward Bliss Reed, becomes the first female member of the Distribution Committee. A bequest from Frank Hegeman Gates is added to his brother’s to complete the Gates Fund.
1955: The Foundation provides $30, 000 in emergency relief to assist flood victims in Seymour, Derby, and Ansonia.
1957: A grant is made to the New Haven service agency Centro San Jose.
1963: The Foundation grants the Urban League $10,000 to begin job skill programs in the area.
1964: The New Haven Foundation partners with the Ford Foundation to promote the city’s new antipoverty program, Community Progress Inc.
1966: The Arts Council of Greater New Haven receives funding to improve access to the arts in New Haven.
1969: The federal Tax Reform Act forces change in the structure of community foundations around the country. Many must meet a test designed to prove their level of financial commitment. New Haven’s Black Coalition meets with the Distribution Committee to advise on programming.
1978: At its 50th anniversary the Foundation has $36.5 million in assets.
1982: New Haven Foundation Inc. is established to operate along side the trusts. Donors can now choose to have funds managed by a trustee bank or by the fund managers for New Haven Foundation Inc.
1985: Helmer N. Ekstrom is appointed director of The Community Foundation. 1986: Foundation partners with the city of New Haven in forming the Special Commission on Infant and Child Health.
1987: The Fund for the New Haven Green is established to support maintenance of the Green.
1988: The Critical Public Health Issues Fund is one aspect of the Foundation’s response to AIDS. A $120, 000 grant is approved for community service providers caring for AIDS patients. The Foundation and Connecticut National Bank sponsor an AIDS education community seminar.
1992: The Board adopts the name The Community Foundation for Greater New Haven which reflects the regional approach to donor services and problem solving. LEAP (Leadership, Education and Athletics in Partnership) begins as a neighborhood-based summer programming option for New Haven youth.
1994: Alan E. Green is appointed executive director of The Community Foundation for Greater New Haven. The Community Foundation and the Jewish Foundation host the ABCs of Planned Giving seminar sponsored by trustees Shawmut, Bank of Boston, New Haven Savings Bank, People’s Bank, Fleet, and Union Trust.
1997: Nancy D. Hadley appointed executive director of The Community Foundation.
2000: William W. Ginsberg is appointed president of The Community Foundation for Greater New Haven. To broaden representation and reflect the complexity of the Foundation’s business, the board of directors appoints four new members increasing the number to eleven. The new members are Susan Whetstone, Frederick P. Leaf, Sonia Caban Recalde, and John J. Crawford.
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Osborne Day, a lawyer and bank executive in New Haven, was one of a small group that publicly launched The New Haven Foundation at a dinner in February 1928. That night, New Haven banker Henry L. Galpin welcomed 53 of the city’s most prominent citizens to the President’s Room at Woolsey Hall. Galpin was a trust officer for the Union and New Haven Trust Company and was also a member of the Corporate Fiduciaries Association, whose members that night were eager to announce a new project: a community trust.
The evening’s guest speaker, New York Community Trust director Ralph Hays, explained the benefits of the community trust model to the audience of lawyers, bankers and educators. By the time the gentlemen finished their cigars, they understood how an idea conceived in Cleveland 14 years before by Judge Frederick Goff could ensure a brighter future for New Haven’s residents.
A New Haven Register reporter present that night wrote that Hays emphasized, “the wisdom of having bequests administered at the discretion of a group of competent and far-seeing men, able to take into account such exigency created by the passing of time, so that no bequest might become moribund and useless due to the short-sighted discretion of a man long since in his grave.” The “dead hand”—funds serving a legacy that no longer mattered—was the problem Judge Goff hoped to avoid when he designed the community trust model in 1914.
Goff imagined an “immortal being,” a permantly enduring organization that would act as fiscal custodian and have the responsibility of wisely distributing bequest funds for future generations. Initially, a bank seemed the best agent to administer the trust. It would act as trustee for a large fund made up of many smaller contributions. Income drawn from the bequests would benefit city residents, who would help to determine its allocation.
Goff’s “committee to distribute” was a group of Cleveland residents. It was a diverse group for the period, with no more than two members from the same religious congregation. And it was free from political entanglements: no member could hold or seek elected office. The mayor, the trustee bank, and several civic groups had the responsibility of appointing the Distribution Committee members. Judge Goff’s plan proved to be a popular favorite. It became the model for the community trusts that were later chartered in Chicago, New York, Detroit, Boston and New Haven.
Following Goff’s example, New Haven’s Distribution Committee members—Osborne Day, Charles Morris, Louis L. Hemingway and Thomas Steele —created the necessary infrastructure to support The New Haven Foundation. In 1926 they began discussing an early draft of the Resolution and Declaration of Trust, and in May of 1927 they adopted the final draft. Eleven local banks accepted the Resolution of Trust and agreed to manage the new funds. J. Dwight Dana agreed to continue formally in his previously informal role as The Foundation’s legal counsel.
The New Haven Distribution Committee maintained many of the principles followed by the Cleveland Foundation. A cardinal principle of the Foundation is that it shall be conducted in the interests of the whole community without regard to race or religion, and that to the greatest possible extent all interests, classes and creeds shall be represented in its management.
Foundation leaders altered Cleveland's pattern in their choice of organizations and authorized to nominate Distribution Committee members. Trustees appointed two members, while the Judge of the New Haven Probate Court for the District of New Haven, the Mayor of New Haven, and the Presidents of Yale, the New Haven County Bar Association and the Greater New Haven Chamber of Commerce each appointed one member. The New Haven Foundation promised to become an asset that could grow and meet the city’s needs.

On May 21, 1928, Day completed the Distribution Committee appointments and announced to his colleagues, “Your committee now feels that The New Haven Foundation has been definitely launched.” That September, The Foundation received its first funds of nearly $135,000 from Nettie J. Dayton’s estate.
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Read more in our 75th anniversary publication (click on the pdf icon to the left) |
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