An Announcement from the Tauck Family Foundation Board of Directors
Dear Colleagues and Friends,
On behalf of the Tauck Family Foundation’s Board of Directors, I am reaching out with important news about the Foundation’s future. As you may know, for over 25 years the Tauck Family Foundation (TFF) has supported youth development and, in the last ten years has proudly invested in organizations and initiatives that equip the children of Bridgeport, CT with the necessary social and emotional skills to thrive academically and in life. Earlier this year, the Foundation commissioned a case study on its investments in Bridgeport to acknowledge and elevate the important work TFF’s current portfolio of investees have carried out to positively impact the children and families they serve. We are tremendously proud of and humbled by the critically important work of our investee partners and are happy to share this report with you.
As the Board of Directors does every five years, the Foundation is assessing its current strategy to determine the next iteration of its work. Since the start of the year, we have participated in a formal strategic planning process that considers the priorities and diverse perspectives of the multi-generational Tauck family as well as the needs of many communities, near and far. As a result of this process, the family will shift from the Foundation’s current mission after our five-year partnership with investees concludes in June 2023. The Foundation’s Board of Directors has adopted a new mission framework focused in the environment and conservation space and the Foundation is in an exploratory and educational phase for its next chapter. The Board will spend the better part of the next year learning about the environmental philanthropy sector and arrive at an informed, impactful mission which we look forward to sharing in the future.
The Tauck family has enormous respect for the Foundation’s current investees and deeply appreciate their unwavering commitment to support Bridgeport children to thrive socially, emotionally, academically, and in life. We are grateful and joy-filled for the privilege to walk this path with our Bridgeport partners over the last ten years. To foster a smooth transition, the Foundation is committed to providing supplemental grants to each of our investees for the next three years that will support their continued work in SEL. The first grant will be distributed in August 2023 and incrementally smaller grants will be made in 2024 and 2025.
Thank you for your continued partnership. Should you have any questions, please reach out to me at colleen@tauckfoundation.org or to Kim Hein, the Foundation’s Interim Executive Director, at kim@tauckfoundation.org.
Sincerely,
Colleen Ritzau Leth
President, Board of Directors