Philanthropist launches endowment campaign to strengthen non-profits throughout Greater Hartford
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reater Hartford has hundreds of nonprofits, educational and cultural institutions that keep us healthy, support our most vulnerable populations, inspire our creativity and care for our historical treasures. These institutions are a critical economic engine and an integral part of our region’s civic fabric. By establishing and building endowments, they can secure their future and send a message of long-term stability, fiscal responsibility, and financial viability.
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40 Vol. 11, No. 2, 2021 west hartford magazine
Recognizing the importance of endowment giving, the Zachs Family Foundation has created a matching gift opportunity, Endow Hartford 21, to help build endowments for nonprofit organizations in the Greater Hartford region. More than 60 organizations were invited to participate, representing a broad spectrum of nonprofit services from health and human services to arts and culture. The Hartford Foundation for Public Giving (HFPG) and the Jewish Community Foundation of Greater
Hartford (JCF) are collaborating to provide administrative support and in so doing, have helped to create a ‘first of its kind’ program, designed to incentivize endowment giving throughout the community. With a matching fund to stimulate giving, it is hoped that donors will be inspired to make gifts to multiple organizations, and thereby ensure the long-term stability of these vital institutions. The Endow Hartford 21 Match Program has been initially funded with $1 million from the Zachs Family Foundation.
