When your clients want to make a difference in their own backyards and wherever else their hearts lie, and they want to be strategic with their giving, contact us. We make their philanthropy meaningful, effective and easy.
They can give back by establishing and naming a fund at the Foundation, giving to an existing fund that matches their charitable passions, or supporting any of our countywide initiatives.
When your clients already have a charitable passion, we suggest exemplary nonprofit organizations in any or all of Fairfield County's 23 cities and towns. If they don't have a passion, we help them target their philanthropy to support values important to them.
They can contribute cash, securities, IRAs, life insurance, mutual shares, closely held stock, real estate or other tangible property. Gifts can be made or added to during or after their lifetimes, by will or through a trust arrangement. All contributions qualify for maximum tax benefits.
Unlike a private foundation, your clients are freed from drafting documents, administrative chores and reporting requirements. They receive quarterly fund reports. Their contributions are professionally managed and overseen by our Finance Committee and Board of Directors.
The Foundation offers six fund types that allow your clients to give back according to their philanthropic goals and priorities. They can establish or contribute to one fund or any combination of funds. In addition, clients can support our countywide initiatives with a charitable gift.
All of our giving vehicles enjoy maximum tax advantages and many give your client considerable input. Establishing a fund or contributing to an existing fund is easy. At any step along the way, we are here to help you and your clients. Contact Sharon Reiss, Director of Philanthropic Services, at 203.750.3200.
Donor, Family and Corporate Advised Funds
These funds allow maximum participation in grantmaking. They are especially appealing to clients who want to engage children, grandchildren or other family members in their philanthropy. Your clients can establish and name a fund, then recommend grants to any nonprofit organization in the country that's recognized under Section 501(c)(3) of the Internal Revenue Code. Depending on your clients' level of engagement and desire to make a difference close to home, they can access our knowledge and expertise for guidance about regional issues and the 2,423 nonprofits in Fairfield County. Fundholders can name family members to serve as advisors.
Field of Interest Funds
These funds unite clients with other like-minded philanthropists to collectively support local and regional causes or issues. Clients can give to an existing fund or establish and name their own fund. The Foundation makes grants to nonprofits that serve each field of interest.
Discretionary Funds
These funds are ideal for clients who want to make a difference in their own backyard, and realize the needs of Fairfield County will change over time. They want their philanthropy to respond to those changes for generations to come. Discretionary funds give the Foundation the greatest flexibility to meet our region's emerging needs over the years. Clients can give to any existing Discretionary fund during or after their lifetimes. They charges our Board of Directors and Program staff to identify and address critical community and regional needs with the fund in perpetuity. Many professional advisors tell us that clients favor Discretionary funds for bequests.
Designated Funds
These funds are ideal when clients want to support a specific organization. They can name one or more organizations in their fund. The Foundation monitors these grants to ensure your clients' original objectives are fulfilled.
Organization Endowment Funds
These funds provide a nonprofit organization with income in perpetuity. A client can establish an Organization Endowment fund or make an gift to an organization's existing fund. The fund can be added to at any time. Fund assets are invested separately from the organization's operating funds. We handle all administrative and investment responsibilities, freeing the organization to pursue its charitable mission.
Scholarship Funds
These funds support educational advancement of qualified students using criteria of your choice. These funds often memorialize a loved one or honor a special person.
Clients can contribute to any existing funds that support the Fairfield County Community Foundation's countywide initiatives, including increasing affordable housing, closing the achievement gap in our urban public schools, helping immigrants assimilate into our communities, and helping low-income working women achieve economic security.
To learn more, contact Sharon Reiss, Director of Philanthropic Services, at 203.750.3200.
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