Grants made through the Community Foundation of Eastern Connecticut
NEW LONDON, CT – More than $2.2 million in grants were awarded to nonprofit organizations throughout eastern Connecticut through funds established by generous residents of eastern Connecticut. The grants were made through the Community Foundation of Eastern Connecticut (CFECT), a 501(C) (3) charitable organization through which individuals, families, and corporate donors create charitable funds designed to meet community needs. CFECT acts as a steward of these funds, many of them in perpetuity. CFECT will continue to make grants during the remainder of 2014. A full list of the grants can be found at www.cfect.org.
Among this year’s grant highlights:
- In Southeast Connecticut $669,193 in grants was awarded through a competitive grant process with $55,537 coming through donor-advised funds;
- $105,000 was awarded to 13 organizations through the Norwich Youth Grants program;
- $45,046 from the George L. Holt Public Welfare Fund and the Windham Area Women and Girls Fund was awarded to 10 organizations in the Windham area;
- $142,989 was distributed from designated funds set up by donors to benefit specific organizations for which they have a strong affiliation.
An additional $1.4 million in grants were recommended by donor advisors for dozens of organizations in the region and to charitable organizations of their own choice throughout the US.
“These grants represent a growing desire of residents in the Southeast, Norwich, and Windham regions to strategically invest with care in the nonprofits that improve life in communities where they live and work,” said Paul Nunes, Chairman of the CFECT Board of Trustees.
“As a steward of more than $50 million in funds, CFECT is committed to providing our donors and nonprofit partners with the most feasible and sustainable way to provide services to organizations that serve our youth, address the basic needs of our community, and foster greater care for the region’s environment and wildlife,” said Maryam Elahi, CFECT’s President & CEO.
Established in 1983, CFECT has awarded more than $29 million in grants and scholarships to local nonprofits and students across eastern Connecticut. Charitable individuals, families and organizations have given more than $57 million and set up over 427 individual funds. The Foundation's assets stand over the $50 million mark.
Andrew J Martin
Director of Communications
Community Foundation of Eastern Connecticut