Connecticut Catholic Foundation, Inc.

What Connecticut Catholic Foundation, Inc. does

Connecticut Catholic Foundation, Inc. (CCF) is a 501(c)(3) nonprofit Catholic community foundation headquartered at 467 Bloomfield Avenue in Bloomfield, Connecticut. It partners with individual donors, families, parishes, Catholic schools, and ministries primarily within the Archdiocese of Hartford to manage charitable funds. The foundation was formerly known as the Hartford Bishops Foundation and rebranded by 2022 to reflect a statewide scope. It is governed independently by a Board of Directors and is legally separate and distinct from the Archdiocese of Hartford.

CCF operates a multi-vehicle charitable giving platform spanning donor-advised funds, donor-designated funds, endowment funds, field-of-interest funds, and memorial funds, along with planned giving instruments including bequests, beneficiary designations, charitable lead trusts, and charitable remainder trusts. Minimum initial gifts are $10,000 for fund establishment and $100,000 for the higher-tier irrevocable trust products. Investment management is outsourced to CAPTRUST, with all assets subject to ethical screens aligned with U.S. Conference of Catholic Bishops' Guidelines across categories including abortion, adult entertainment, weaponry, and embryonic stem cells. Ameriprise Financial Services serves as custodian for stock transfers, and gifts are accepted via credit card, check, IRA rollover, stock, donor-advised fund transfers, and cash wire.

The foundation's revenue model is based on management fees on established charitable funds; no fee schedule is publicly disclosed. Distribution flows through an annual grant program to Catholic parishes, schools, and ministries, plus donor-advised fund grants recommended by donors. Go-to-market is relationship-driven, relying on direct donor outreach, parish and school partnerships, and financial advisor referral channels (notably Sterling Financial Partners of Ameriprise Financial). The organization is led by Bishop Christopher J. Coyne (President), John "Jamie" Kalamarides (General Chair), and Paul McMahon (Executive Director).

Name

Connecticut Catholic Foundation, Inc.

Legal name

Connecticut Catholic Foundation, Inc.

Website

https://ctcatholicfoundation.org

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

Connecticut Catholic Foundation is a 501(c)(3) Catholic community foundation managing donor-advised funds, endowments, and planned giving instruments for donors, parishes, schools, and ministries within the Archdiocese of Hartford under USCCB-aligned ethical investment screens.

Ownership category

akta.pro rank

Product category

Community Foundation Services

NAICS

Grantmaking Foundations (813211), Grantmaking and Giving Services (81321), Religious Organizations (81311)

akta.pro primary industry

Community Foundations (BPAGAKAB)

akta.pro secondary industries

Private Foundations (BPAGAKAA), Education Grantmaking Foundations (BPAGAKAK), Endowments (Universities, Foundations, Nonprofits) (FSAAAGAC), Philanthropic & Charitable Trust Services (FSAAANAI)

Keywords

• Community foundation services
• Charitable fund management
• Planned giving solutions
• Donor advised funds
• Catholic philanthropy

Headquarters

HQ city

Bloomfield

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Others, Technology or R&D, Marketing or Sales

Revenue model

1. Donor Contributions and Fund Management: As a 501(c)(3) nonprofit community foundation, CCF generates revenue through management fees on established charitable funds. Donors contribute a minimum of $10,000 to establish funds, and the foundation charges fees for fund management services. The foundation also accepts various gift types including cash, securities, real estate, and business interests.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Connecticut Catholic Foundation is a 501(c)(3) nonprofit Catholic community foundation that manages charitable funds for individual donors, families, parishes, Catholic schools, and Catholic organizations within the Archdiocese of Hartford and beyond. It accepts donations of cash, securities, real estate, and business interests, and professionally invests them in accordance with U.S. Conference of Catholic Bishops ethical guidelines. The foundation offers donor-advised funds, donor-designated funds, endowment funds, field of interest funds, memorial funds, and planned giving services, and distributes grants to support parishes, schools, and ministries.

Product overview

Connecticut Catholic Foundation operates as a 501(c)(3) nonprofit Catholic community foundation offering a comprehensive suite of charitable giving products. The core offerings center on Donor Advised Funds, Donor Designated Funds, Endowment Funds, Field of Interest Funds, and Memorial Funds, which enable donors to establish professionally-managed charitable accounts. The foundation also provides Planned Giving products including Bequests, Beneficiary Designations, Charitable Lead Trusts, and Charitable Remainder Trusts for legacy giving. An Online Giving Platform enables immediate donations, while a Grant Program distributes funds to Archdiocese beneficiaries. Supporting services include investment management through CAPTRUST aligned with Catholic ethical standards. The foundation accepts various gift types including cash, securities, IRA rollovers, and real estate.

Differentiator

Problem solved

Functional benefit

Products and services

• Donor Advised Fund A flexible charitable fund that allows donors to make gifts, receive immediate tax benefits, and recommend grants to charities at any time; functions as a charitable checking account for streamlined giving to qualified Catholic and other charitable organizations.
• Donor Designated Fund
• Endowment Fund
• Field of Interest Fund
• Memorial Fund
• Bequests and Gifts in a Will
• Beneficiary Designations
• Charitable Lead Trust
• Charitable Remainder Trust
• Online Giving Platform
• Investment Management Services
• Grant Program

Named customers5 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Partnerships

Two partnerships are on record, tiered core.

• CAPTRUSTcoreTechnology or IntegrationCAPTRUST is an employee-owned investment management firm that manages CCF's investments. The 30-year-old company has 1,500 institutional clients and $243 billion in assets under advisement. CAPTRUST has adopted investment objectives aligned with U.S. Conference of Catholic Bishops' socially responsible investing guidelines and implements social screens and faith-based funds for CCF.
• U.S. Conference of Catholic BishopscoreStrategic or Co-development PartnerCCF aligns all investments with the Catholic ethical standards required by U.S. Conference of Catholic Bishops' Guidelines, implementing comprehensive social screens including criteria on abortion, adult entertainment, contraceptives, discrimination, environmental concerns, fair lending, landmines, weaponry (including nuclear), and embryonic stem cells.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Fidelity Charitable: The largest donor-advised fund sponsor in the U.S. Offers DAFs and giving accounts at scale with streamlined digital UX. Represents the secular mass-market alternative that CCF competes against for Catholic donors without strong faith-screening preferences.
• Catholic Charities USA: National umbrella for Catholic social service agencies. While not a donor-advised fund sponsor, it represents a parallel institutional Catholic channel for donor philanthropic dollars that competes for the same Catholic donor attention.
• National Christian Foundation: Large Christian faith-based giving platform operating donor-advised funds and giving strategies for evangelical and broader Christian donors. Comparable faith-based values-aligned model but with different theological orientation and national scope.
• Schwab Charitable: Major donor-advised fund sponsor affiliated with Charles Schwab, serving as a broad incumbent competitor in the DAF market. Comparable product (DAFs) but secular mandate and significantly larger scale.

Others

• Knights of Columbus: Catholic fraternal benefit society with charitable foundations, insurance, and donor programs serving Catholic families across the U.S. While not a community foundation, it operates in the adjacent Catholic donor/philanthropy ecosystem and competes for the same donor mindshare and planned giving dollars.

Regional players

• Hartford Foundation for Public Giving: The community foundation serving Greater Hartford, operating donor-advised funds and grant programs across the same Connecticut geography as CCF. Comparable community foundation structure but secular mandate and broader regional donor base.

Direct peers

• Catholic Community Foundation of Minnesota: Another diocesan Catholic community foundation serving a single archdiocese, with comparable donor-advised fund, endowment, and planned giving services for Catholic donors. Directly comparable in mission, product mix, and faith-aligned investment mandate.
• National Catholic Community Foundation: National Catholic community foundation offering donor-advised funds and charitable planning services to Catholic donors across multiple dioceses. Operates a similar donor-services model but at broader geographic scale.
• Catholic Foundation for the Archdiocese of Omaha: Catholic community foundation supporting the Archdiocese of Omaha with endowed funds, donor-advised funds, and planned giving programs. Closely comparable diocesan Catholic foundation model in a different geographic market.
• Catholic Foundation of Greater Philadelphia: Catholic community foundation supporting the Archdiocese of Philadelphia with donor-advised funds, endowment funds, and planned giving services for Catholic philanthropists. Closely aligned in product suite and faith-based positioning.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/ct-catholic-foundation

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Connecticut Catholic Foundation, Inc.