Northwest CT Community Foundation
The structure of a community foundation is inspired: Create an endowment fund for the common good, invest it prudently, administer it wisely, and let the yield from the principal flow back to the community in the form of grants that help nonprofits meet community needs.
Each year since 1969, charitable people throughout Northwest CT have established permanent funds to support the causes and nonprofits they love.
Bringing together private philanthropy for the common good is the heart of community foundation work. When individual charitable funds are pooled together, their combined capacity to grow, thrive and achieve the best charitable impact for the fundholder substantially increases.
The potential for each fund is maximized when it is prudently invested within a larger corpus. This allows for capitalizing on investment opportunities and economies of scale that are unavailable to each fund individually. As the pool of funds increases, so do the benefits for each fund in the pool.