Mission: To provide and inspire philanthropic support for Collington Life Care Community
Vision: To harness our generosity of spirit to nurture the goals and aspirations of all who live, work and serve in our community.
The Collington Foundation is the philanthropic arm of Collington. After Collington Episcopal Life Care Community was founded in1983, the Fellowship Fund was established in 1984 through a gift by the Episcopal Diocese of Washington. Its purpose was to support and encourage diversity at Collington – particularly economic diversity. This was the seed of the Collington Foundation.
The Collington Board of Directors created the Foundation in 1996 as a tax exempt 501(c)(3) philanthropic organization that would raise funds to support Collington’s mission. It was created to receive all gifts and disperse all scholarships and grants.
Donations to the Annual Fund are unrestricted, used to support a wide variety of projects at Collington. Grants are awarded from this Fund to support resident-led projects, augment operational or capital needs, enhance our physical environment, and improve or add amenities to the Collington community. The Annual Fund also supports Collington in the Community. As an integral part of Prince George’s County, Collington volunteers partner with underserved schools, non-profits, children and families to serve the broader community.
As a community, Collington is committed to supporting all its residents. We want no one to have to leave due to uncontrollable financial circumstances. This fund was initially established by a generous grant from the Episcopal Diocese of Washington DC described above and has grown over the years by contributions from the extended Collington community. All requests for help with entry and/or monthly fees are held in strictest confidence. Application form with Q&A
The people who work at Collington are an extraordinary group whose dedication, professionalism and compassion are vital to the well-being and happiness of Collington’s residents. In order to assist them to enhance their job performance and improve their job satisfaction, the Scholarship Fund provides tuition assistance for continuing education.
The Ramsey Scholarship fund was established in 2017 through a legacy gift from the Ramsey family. Scholarships from this fund are awarded to older employees to further their study in their field.
Arts and Culture Fund
Collington residents enjoy a broad range of artistic and cultural endeavors, produced by residents, brought in by outside artists and performers, or provided by off-campus activities. This fund supports both the fine and the performing arts including music, theater, dance, painting, sculpture, and poetry.
The Board of Directors is legally and fiscally responsible for stewarding all the funds, with support by the Collington administration. The Board of Directors consists of eight resident members and three community members. Two of these members represent the Collington board of directors on the foundation board. The Chair of the board, currently a resident, leads the board. The CEO of Collington, Ann Gillespie, serves as President of the Foundation and manages its operational activities. All board members are approved by the Collington board of directors. The board meets quarterly in October, January, April, and July.
There are four standing committees on the board –
- a finance committee to review the budget and financial results.
- an awards committee to set policy and review all scholarships and grants.
- a development committee to support the director of philanthropy in communication, cultivation of donors and fundraising initiatives.
- an executive committee, to consist of board officers and other members as needed in decision-making.
Every gift to the Foundation is important and will benefit the Collington community today and in the future.
A gift to the Foundation can be used to support Collington in many ways: to enhance Collington’s activities and environment, to support residents who experience financial difficulties, to offer scholarship help for employees to continue their education and to support residents’ volunteer efforts in the larger Prince Georges’ community.
Gifts to the Collington Foundation can take several forms. Since we are a 501(c) (3) non-profit organization, gifts can have significant tax advantages. Gift opportunities include:
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.
These are bequests, gifts made over a period of time, and are structured to meet the donor’s 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, retaining an income from the assets for life.
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.
If you have further questions, please contact Bonnie Cronin, chair of the board of directors, ext. 7347.