Building Endowment | What it Means to Give Forever | CFGNH.org

What it Means to Give Forever

You’ve lived here. You’ve worked here. You are part of this community’s past and present. By creating a permanent fund with The Community Foundation, you have the opportunity to make a difference during your lifetime and, at the same time, provide for the community you care about for generations to come. As needs, opportunities and the nonprofits that address them change over time, your wishes are preserved and grants continue to make life better in the name of the fund you establish.

The types of permanent funds that you can create—throughout your lifetime and/or through your estate—are flexible in their design to provide something for everyone. 

The Anne Hope Bennett Fund
The chart above illustrates the impact of just one of The Community Foundation’s approximately 1000 individual funds that contribute to the community’s $630+ million endowment. As the Anne Hope Bennett Fund has grown over time with careful stewardship, more and more grants have been distributed to nonprofit organizations serving the region – a total far surpassing Anne’s original gift.

How it Works

  • You make a gift of $10,000 to The Community Foundation - you can give cash, appreciated stocks, real estate, or other assets. Ask us about options for making gifts over time that add up to this minimum amount.
  • We set up a special fund in your name, in the name of your family or business, or in honor of any person or organization you choose.
  • You receive tax benefits in the year you make your gift.
  • The principle of your fund is never spent, and it can grow over time to generate an increasing stream of funding devoted to your interest areas and this community (see illustration below).
  • We handle all the administrative details and issue grants to charities in the name of the fund you establish (if you prefer, grants can be made anonymously).
  • Your gift is placed into an endowment – pooled with others to achieve maximum investment efficiency and return - that is invested over time. Earnings from your fund are used to make grants addressing community needs. Your gift - and all future earnings from your gift - is a permanent source of community capital, helping to do good work forever.

Most charitable gifts qualify for maximum tax advantage under federal law. Whether you choose to give today or give tomorrow, The Community Foundation offers a full range gift options. For more information and ideas on ways to integrate your financial planning with charitable giving, ask your financial advisor or contact The Community Foundation at 203-777-2386.

Axtmayer Cancer Fund: A Personal Mission 

Alfredo Axtmayer Family
The Axtmayer Family in 2016. Photo Courtesy of Alfredo Axtmayer

Alfredo Axtmayer’s world changed in November 2008 after learning he had Hodgkin’s lymphoma. The high school and college athlete now faced a different kind of opponent — a cancer attacking his body’s immune system. After undergoing treatment and being declared in remission, Alfredo wanted to raise awareness of his disease and set up a donor advised fund at The Foundation to help him achieve that goal. 

"As a cancer survivor, I'm passionate about funding patient education, patient services, patient treatment and research in cancer. A donor advised fund allows me to select the local and national projects and services that have the most potential and impact."

How can we help?

Sharon Cappetta

Don't see an appropriate match for your philanthropic goals? Please tell us your thoughts and ideas. We have 90 years of experience in the philanthropic sector and have forged many partnerships with charitably-minded people, professional advisors and nonprofits along the way.

 

Sharon Cappetta

Director of Development 203-777-7071 Email Sharon

How can we help?

Dotty Weston-Murphy

Sr. Vice President, Development and Donor Services 203-777-7081 Email Dotty

Salute to Fellow Nonagenarians: Ruth and Charles Grannick

As The Foundation celebrates its 90th anniversary, we’re honored to be in the company of these amazing 90(plus)-year-old donors: Ruth and Charles Grannick. Read More »

Washington Walker Family Fund

"Anything can be accomplished when we work collectively": Washington Walker Fund est. 2017 by Jolyn Washington Walker. Read More »

Weston-Murphy Family Fund

"This is our way of responding": The Weston-Murphy Family Fund est. 2017 by Dorothy and Glenn Weston-Murphy. Read More »

Address

70 Audubon Street
New Haven, CT 06510
Directions

Contact

203-777-2386
ContactUs@cfgnh.org

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