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.