Establishing a charitable fund is a great way to leave a legacy. You decide the name and the type of fund you want to establish (unrestricted, field of interest, designated, donor advised or scholarship) and we do the rest.
Learn more about creating your own fund.
Establishing Your Legacy with BCF Funds
Create a lasting impact in Branford by establishing a named fund for yourself, your family, or a loved one. Choose from four types of funds:
- Unrestricted Fund: Supports ever-changing community needs, ensuring flexibility to address emerging issues.
- Field of Interest Fund: Directs grants to specific areas of community life, such as youth, education, or the environment.
- Designated Fund: Earmarks contributions for a particular nonprofit organization or purpose, like local welfare funds or scholarships.
- Donor Advised Fund: Offers ongoing involvement in directing charitable giving.
The minimum amount to establish a fund is $10,000, with a “Build a Fund” option available to reach this threshold over five years. Additionally, limited incentive opportunities are offered.
Benefits of Establishing a Fund:
- Maximizes tax benefits of charitable giving
- Ensures every dollar supports the community
BCF Funds May Be Established Through:
- Outright Gifts of Cash, Stock, or Other Assets
- Bequests via Estate Planning
- Future Gifts such as naming BCF as a beneficiary of an IRA or insurance policy
For inquiries on establishing a fund, contact Executive Director Liza Petra at (203) 444-4898.
BCF maintains various funds, including Unrestricted Funds for community needs, Restricted Funds for specific purposes, and Scholarship Funds for Branford students pursuing higher education.
Establish A Fund
