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Supporting the Efforts of Our Funding Peers through the Creation of a Donor Advised Fund

New Opportunities
Organization: Northwest Connecticut Community Foundation
Grant: $1,000,000
Grant Year: 2014
County: Litchfield
State: CT

FCH established a donor advised fund with Northwest Connecticut Community Foundation when it became a Type III Supporting Organization of Berkshire Taconic Community Foundation, Community Foundations of the Hudson Valley, and Northwest Connecticut Community Foundation.

A change in federal law in 2014 required FCH to change its IRS status from a Type III to a Type I Supporting Organization. As a Type I Supporting Organization of Berkshire Taconic Community Foundation, Community Foundations of the Hudson Valley, and Northwest Connecticut Community Foundation, FCH established a donor-advised fund with Northwest Connecticut Community Foundation and the Community Foundations of the Hudson Valley.