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The%20Community%20Foundation%20of%20Northwest%20Connecticut<%2Fa>.%20The%20new%20fund,%20which%20represents%20the%20largest%20single%20gift%20in%20the%20Foundation’s%20history,%20will%20benefit%20mainly%20local%20charitable%20organizations%20by%20making%20yearly%20awards%20to%2019%20nonprofits%20named%20by%20the%20Drapers,%20as%20well%20as%20through%20annual%20discretionary%20grants.%0D%0A%0D%0Ahttps%3A%2F%2Fwww.nonprofitpro.com%2Faggregatedcontent%2Fcommunity-foundation-northwest-connecticut-receives-30-million-endowment%2F" target="_blank" class="email" data-post-id="18674" type="icon_link">
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As a decorated war veteran, the late Colonel James L. Draper Jr.'s final — and perhaps grandest — act of charity came in the form of The Draper Foundation Fund, a $30-million endowment entrusted to The Community Foundation of Northwest Connecticut. The new fund, which represents the largest single gift in the Foundation’s history, will benefit mainly local charitable organizations by making yearly awards to 19 nonprofits named by the Drapers, as well as through annual discretionary grants.
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- Companies:
- Salvation Army
- People:
- Jim
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