Nantucket Harbor.

Donor Stories

Nancy Chase’s story is a familiar one. A generational Nantucketer, Nancy owned several properties on Nantucket which had increased in value over time. Nancy sold one of these properties in 2008, and created a Charitable Remainder Trust which held the proceeds from that sale. This accomplished several things:

  • Nancy avoided any capital gains on the sale, which would have been significant;
  • She received income from her trust to support her during her lifetime; and
  • She supported several Nantucket charities, including the Community Foundation, with the funds from her trust upon her death.

“We chose to invest in the Community Foundation’s Nantucket Fund as a way to support the island our family loves. We know that through a multi-year gift we are able to help the most critical needs on Nantucket today and in the future.”

Ann and Johnny Johnson

Become a Nantucket Fund Sustainer. Donors who commit to a multi-year pledge of $10,000 or more to the Nantucket Fund help ensure that significant grants address those needs that are the greatest, now and in the future.

“Setting up a Field of Interest project fund with the Community Foundation has enabled me to take immediate action to help address the long-term needs of our Island’s natural habitats without having to go through the time consuming process of becoming our separate 501(c)3 charity.” Bob Williams

Bob Williams is part of a group of concerned citizens who opened a Field of Interest Project Fund, the Nantucket Pond Collation Fund. The purpose of this fund is to work with stakeholders to restore and protect Nantucket Ponds. Since 2014 they have made significant investments in the health and safety of Hummock Pond and Long Pond.

“We established the Taunton Hill Fund with the Community Foundation as a way to support the Nonprofit community  on-Island as well as provide invaluable educational opportunities for these community leaders. In the past two years, Margaretta and her team have expertly produced two full-day Nonprofit Leadership Conferences, which emphasized skill-building, collaboration, networking, and leadership. It has been most rewarding to work with the Foundation to see our vision come to life.” Joe and Deidre Smialowski