Connecticut Toolkit for Giving

 

  planning   |  ways to give  |  why do we give?  |  where to give  |  what to give  |  how much to give  |  giving stories  |  resources
 


Giving Story

Keiller Family Fund:
Having an Impact Through a Community Foundation

Like their parents before them, Al and Jo Keiller worked hard to provide for their children and teach them to be caring, responsible adults. Feeling blessed by the rewards of their work, they wanted to share their good fortune with family, friends, and a number of nonprofit organizations with which they had been involved over the years. But they were frustrated that they weren’t able to do more, given their busy lives. “We didn’t know how to support these causes beyond a donation here and there and by serving on their boards. It never seemed like quite enough,” says Jo.

Upon retirement, they decided to look for a way to do more. Advice from their financial advisor and their lawyer brought them to the Hartford Foundation for 

Public Giving, their local community foundation, where they learned about the donor-advised fund as a way to help them achieve their charitable goals. Jo says it was comforting to discover “that we didn’t have to be millionaires in order to be focused, effective givers.” The Keillers met with staff and were impressed. “At first, I thought the Foundation only made big grants to big things. I was afraid our efforts and funds would get lost. But they have their finger on the pulse of what’s going on. They’re able to help us with some of the foot work so that our charitable dollars have a real impact.”

The beauty of a donor-advised fund is that it provides three things that are important to the Keillers. First, says Jo, “We wanted the money to grow, not just be given away.” Second, the fund allows them to have a say in how their money is used. And third, it offers them the opportunity to involve their children at some point in the future. The Keillers gave considerable thought to the many organizations they have supported over the years. The common thread, they discovered, is that they all focus in one way or another on issues of tolerance and diversity. The Keillers have thus decided to focus their fund on promoting understanding and eliminating racism. Using one of her favorite metaphors, Jo explains, “This fund is just a seed. But you never know what fruit it can bear.”

Back to Top
  home  |  comments |  site map  |  search

©2003, 2004 Connecticut Council for Philanthropy