TPF is a bold idea. While we have witnessed the creation of specific donor-advised funds to address the needs of Black communities, there is no comprehensive public charity with all of the components of a community foundation, focused exclusively on improving the overall well-being of the Black community in a specific State.
With the development of this philanthropic model in Connecticut, TPF demonstrates an approach to building and enhancing Black communities that can inform efforts in numerous other geographic settings. TPF is leveraging existing philanthropic tools, such as donor-advised funds and giving circles, to bring our community together, and collectively forge strategies to address a range of critical issues. TPF is adapting the model of a community foundation to focus on the needs of a particular population within a specific state. In this first phase of developing this important new philanthropic vehicle, TPF is engaging the community through a series of educational events.
The following options provide opportunities to strengthen Black communities in Connecticut through TPF:
Through unrestricted gifts, donors can provide The Prosperity Foundation with flexible resources to meet evolving community need
DONOR ADVISED FUNDS
Donor Advised Funds give donors ongoing involvement in grants from their fund
Donors can target specific issues when making their gifts through preference funds
Through designated funds, donors can direct gifts to specific nonprofit organizations
Donors can establish criteria for students to receive scholarship funds supporting educational achievement at all levels
Giving circles will provide donors an opportunity to pool resources with other donors to support a common area of interest.
The Prosperity Foundation accepts cash, securities, bequests, charitable gift annuities, and other gift contributions.