Nelson Hart, Waterbury
The Importance of Forever – a gift of retirement fund assets
Nelson P. Hart was a lifelong resident of Waterbury who contributed to the Foundation and his community in many ways.
Hart was very active with the Foundation during the 1970’s and 80’s, serving as a trustee from 1978 to 1987, including terms as vice president and president. In 1986, he established the Nelson P. Hart Fund, an unrestricted permanent endowment fund.
More than 20 years later, Hart made a final and everlasting commitment to his community through his estate. He arranged for the assets in his IRA to be added to his Fund. Annually, the Foundation’s Board of Trustees awards grants to area nonprofits from unrestricted funds, such as the Hart Fund.
Nelson saw the importance of forever continuing his service to his community through his legacy. By establishing an unrestricted fund, he demonstrated his trust in the Foundation to determine, through the decades, how his gift can best meet the needs of our community.
