The Northwest Connecticut Community Foundation Trust

Overview

The Northwest Connecticut Community Foundation Trust is a 501(c)(3) organization, categorized under Philanthropy, Voluntarism and Grantmaking Foundations, specifically as Named Trusts/Foundations N.E.C.[2]. It operates in northwest Connecticut, focusing on charitable purposes, including education, healthcare, and community welfare.

Mission and Activities

Although specific mission details for the Northwest Connecticut Community Foundation Trust are not readily available, community foundations generally aim to improve the quality of life for residents by fostering local philanthropy, supporting regional nonprofits, and promoting collaborative funding initiatives[1][4]. These activities often involve managing funds, awarding grants, and facilitating scholarships to address needs such as hunger, homelessness, education, and arts.

Financials

The Northwest Connecticut Community Foundation Trust derives its revenue mainly from contributions and investment income[2]. For instance, its financial data shows a mix of contributions and investment income as primary revenue sources, with minimal expenses related to salaries and compensation[2].

Relationship to Northwest Connecticut Community Foundation Inc

The Northwest Connecticut Community Foundation Trust is distinct from but related to the Northwest Connecticut Community Foundation Inc. The latter is a broader organization that shares similar objectives and operates in the same geographic area. The Northwest Connecticut Community Foundation Inc has total assets exceeding $140 million and engages in substantial grantmaking activities[3].

Community Impact

While specific impact metrics for the Northwest Connecticut Community Foundation Trust are not detailed, community foundations like this typically contribute significantly to local economies and social services. They facilitate community-based projects, support education initiatives, and provide relief to those in need[4].

Tax Status

Donations to the Northwest Connecticut Community Foundation Trust are tax-deductible, reflecting its 501(c)(3) status[2].