About The Collington Foundation, Inc.

Founded in 1996 by a group of residents wanting to expand philanthropy beyond Collington’s Fellowship Fund, The Collington Foundation, Inc. is a non-profit 501(c)(3) charged with providing financial assistance in support of Collington’s purpose: to improve the lives of its residents, the work environment of its staff, and the effectiveness of its community outreach. At present, The Foundation’s total assets are approximately 4.2 million dollars, all of which is invested into an endowment. Income from this endowment is used to support the growth of four major funds with most of this income allocated to our Fellowship Fund. The Foundation currently has an approximate operating budget of $450,000.



You can make a gift to The Collington Foundation, Inc. online. For questions, please contact Suku Powers Director of Philanthropy and Community Engagement at FDN@collington.kendal.org or at 301-925-7682


Major Funds

Fellowship Fund

In 1984, the Episcopal Diocese of Washington granted Collington $250,000 to start a Fellowship Fund to underwrite all or part of the monthly fees for residents, who, through no fault of their own, are no longer able to pay their monthly fees. Residents’ requests for financial assistance are held in strict confidence. The Foundation’s Financial Assistance Committee, comprised of Collington corporate board members, considers residents’ requests for financial assistance.


Scholarship Fund

The Scholarship Fund was created in 2001 by The Collington Foundation Board of Directors. This fund provides financial assistance to employees to enable them to hone their job skills and education level via continuing education. The goal of the fund is to enhance job performance, improve job satisfaction and increase Collington staff retention via tuition assistance, workshops and mentoring. A Scholarship Committee comprised of residents and staff members reviews scholarship applications three times per year and makes an average of $50,000 per year in awards based on employees’ needs and available funds.


Arts and Culture Fund (formerly the Music Fund)

The Music Fund was established in early 2013, when a group of residents saw the need for a new piano in the Ivy Room and decided to raise funds to purchase one. Later in 2013, another group of residents approached the Foundation with a request to facilitate a self-supporting series of musical performances called the Candlelight Concert Series. The Foundation supports the Series by collecting donations specifically for the concerts and arranging for payments to the performers. In 2018, the Music Fund became the Arts and Culture Fund. The goal of the fund is to support a broader range of artistic and cultural endeavors for Collington residents. “Arts” includes support for fine and performing arts (painting, sculpture, architecture, music, poetry, theatre and dance). “Culture” includes support for group lectures, workshops, and webinars both onsite and locally.


Annual Fund (formerly the Future Fund)

The Future Fund was created in 2013 to commemorate Collington’s 25th anniversary. It funds projects that support the general needs of Collington. In 2018 The Future Fund became known as the Annual Fund. The goal of the Annual Fund is to support endeavors that fall outside of other fund categories. Monies may be used for operational and capital needs at Collington in addition to program related activities both onsite and locally. Monies donated to the fund are unrestricted. Funds are not used for personal or individual activities.


Giving Options

Outright Gifts of Cash or Securities

An outright gift in the form of cash or securities permits an immediate federal income tax deduction. Gifts of long-term appreciated securities may offer additional benefits. For more information regarding a gift of securities please contact Collington’s Director of Philanthropy and Community Engagement, Suku Powers at FDN@collington.kendal.org


Planned Gifts

These are bequests, gifts made over a period of time, and are structured to meet your specific financial objectives while also benefiting Collington. Planned gifts can offer significant advantages of favorable income, as well as savings on capital gains and estate taxes. These options allow donors to transfer cash real estate or other assets – while in some cases retain an income from the assets for life.


Memorial Gifts

You may wish to make a contribution in honor of someone of significance to you and the community. Perhaps it is a friend, neighbor or someone who has served the community as a board or staff member. You are welcome to make a donation online or download a printable donation form in PDF format. All gifts will be acknowledged and recognized.


Corporate Matching Gifts

Many corporations match gifts to charitable institutions made by employees; some will match the gifts of employee spouses and retired employees as well. Contact your personnel office for information about your employer’s matching-gift program.


PHILANTHROPY ANNUAL REPORT

2016–2017 Collington Foundation Annual Report