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 $570+ 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.

Featured Fund

John D. Allen and Keith E. Hyatte for LGBTQ+ Interests Fund 

Allen Hyatte Fund for LGBTQ Interests
John Allen and Keith Hyatte. Photo Credit: Katheen Cei

During LGBT Pride Month (June) of 2019, New Haven Pride Center founder John D. Allen, Ed.D. & husband Keith Hyatte, director of Paint (ret.), Long Wharf Theatre, decided it was time that giving back to the LGBTQ+ community take on a new form — one that will provide a revenue stream long after their lifetimes.

The couple, who met in New Haven, established a donor advised fund at The Community Foundation for Greater New Haven so that LGBTQ+ interests will be advanced for generations to come.

"We’re at a point in our lives when we want to start thinking about a legacy and how to plan for our retirement and thereafter. We’re new to more formalized
philanthropy. We never realized this was something that was open to us. That’s been exciting to realize; anybody can do it. We really feel a part of The Community Foundation family, and we want to help share that and make sure others feel the same."

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

Growing Food and Community

Not only is Massaro Community Farm a place to find a wide variety of locally-grown produce — it is also a treasured community anchor. Read More »

Frank Lobo Memorial Fund

Est. 2019 to benefit the Farm-Based Wellness Program at New Haven Farms. Read More »

SVPCT New Haven Fund

Est. 2019 by Donald M. Kendall, Jr. Board Chair of Social Venture Partners Connecticut. Read More »

Address

70 Audubon Street
New Haven, CT 06510
Directions

Contact

203-777-2386
ContactUs@cfgnh.org

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