The Westbrook Foundation does not hold fundraisers and does not actively solicit contributions. However, the Foundation welcomes any and all contributions of funds or other property to be used to benefit the residents of Westbrook. In fact, such contributions are necessary in order for the Westbrook Foundation to continue as a tax-exempt public foundation. We encourage those who wish to make contributions to the Westbrook Foundation to contact any trustee directly, or to write to the Foundation at:
P.O. Box 528
Westbrook, CT 06498
The Foundation will consider any request with regard to the use of contributions, within the rules established by the IRS. Donors may wish to contribute to the principle of existing scholarship funds so that the Foundation can increase the amounts awarded each year. These older, established scholarship funds have not kept up with the rapidly increasing tuition costs and, therefore, do not help students and their families as much as the Foundation would like.
Donors may also wish to establish a new scholarship for their own purpose. This can be done now by depositing a principle fund with us, or may be done by a charitable remainder trust where the donor receives income from the trust for life, after which the principle in the trust would be bequeathed to the Foundation to establish a new scholarship for the donor’s purpose. Another option would be to establish a fund to provide grants to local organizations who apply, to carry out projects that benefit the residents of this town, such as the Barbara Spencer bequest has done.
All contributions to The Foundation are tax deductible on the donor’s federal return.