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Hartford Foundation for Public Giving
Hartford Foundation for Public Giving reported $144.4 million in revenue and $73.6 million in expenses for calendar year 2024. Of every $100 it spent, $82.24 went to program services, $14.82 to management and general costs and $2.94 to fundraising. Its largest source of revenue was investment income: 75.5% of the total. The highest compensation it reported for one person was $594,483 (PRESIDENT & SECRETARY). 26 people received more than $100,000 in reportable compensation. Revenue rose 67% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $74MFor context, the median across 1,001 covered philanthropy, voluntarism & grantmaking charities: $91.65 programs, $6.50 management, $1.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $144MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 82.2% | 90.2% |
| Management & general Part IX 25(C) ÷ 25(A) | 14.8% | 6.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 2.9% | 1.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.06 | $0.02 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 24.0% | 79.9% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 0.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.0% | 0.0% |
| Highest reported compensation Part VII-A, columns D–F | $594,483 | $325,675 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.81% | 1.56% |
| People paid over $100,000 Part VII, line 2 | 26 | 3 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 191.6 | 56.6 |
| Independent voting board members Part VI 1a–1b | 11 of 11 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseThe Hartford Foundation for Public Giving is a community foundation that supports 29 towns in the greater hartford region by providing grants to nonprofit organizations and agencies in need. During 2024, the foundation awarded nearly $1.5 million and 461 scholarships to colleges and universities, to help support traditional-aged students, adult learners, and graduate students, who attended community colleges, two and four-year colleges and universities. The work of the Hartford Foundation is made possible by contributions from individuals, families and organizations who contributed more than…
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT & SECRETARY Officer, 40.00 hrs/week | $514,659 | $0 | $79,824 | $594,483 |
| VP FINANCE & ADMINISTRATION Officer, 40.00 hrs/week | $255,728 | $0 | $51,286 | $307,014 |
| VP COMMUNITY IMPACT Officer, 40.00 hrs/week | $245,624 | $0 | $50,998 | $296,622 |
| VP COMMUNICATIONS & MARKETING Highest compensated employee, 40.00 hrs/week | $223,874 | $0 | $49,219 | $273,093 |
| VP COMMUNICATIONS & MARKETING Highest compensated employee, 40.00 hrs/week | $195,732 | $0 | $27,716 | $223,448 |
| VP OF DEVELOPMENT Highest compensated employee, 40.00 hrs/week | $173,584 | $0 | $23,104 | $196,688 |
| DIRECTOR OF DEVELOPMENT, MAJOR GIFTS Highest compensated employee, 40.00 hrs/week | $179,497 | $0 | $16,157 | $195,654 |
| DIRECTOR OF DEVELOPMENT & DONOR SVCS Highest compensated employee, 40.00 hrs/week | $169,325 | $0 | $26,113 | $195,438 |
26 people received more than $100,000 in reportable compensation from Hartford Foundation for Public Giving (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.2M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b11 · 11 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 571
- Volunteers Part I, line 6336
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| CERITY PARTNERS Investment management fees | $2,132,977 |
| BANK OF AMERICA TRUSTEE BANK Investment management fees | $978,958 |
| CANTILLON GLOBAL EQUITY LP Investment management fees | $542,708 |
| ARTISAN PARTNERS Investment management fees | $432,886 |
| SILCHESTER INTERNATIONAL INVESTORS Investment management fees | $318,041 |
Individuals listed as contractors are left out. 35 contractors were paid more than $100,000 in all.
Private foundation grants it received
22 private foundations reported grants to Hartford Foundation for Public Giving totaling $1.1M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Hartford Foundation for Public Giving's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Hartford Foundation for Public Giving, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Hartford Foundation for Public Giving spent in 2024, $82.24 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Methodist Primary CARE GroupHouston, TX · revenue $144M · programs 97.3% · 2024
- St Louis Community FoundationSt Louis, MO · revenue $146M · programs 99.7% · 2024
- North Carolina Community FoundationRaleigh, NC · revenue $144M · programs 91.7% · FY2025
- The Rhode Island Community FoundationProvidence, RI · revenue $147M · programs 84.7% · 2024
- Van Andel InstituteGrand Rapids, MI · revenue $139M · programs 73.5% · FY2024
All philanthropy, voluntarism & grantmaking charities · Largest charities in Connecticut
Questions people ask
How much of Hartford Foundation for Public Giving's spending goes to programs?
In calendar year 2024, Hartford Foundation for Public Giving reported that 82.2% of its $73.6 million in expenses went to program services, 14.8% to management and general and 2.9% to fundraising (Form 990, Part IX).
How much does Hartford Foundation for Public Giving pay its top executive?
The largest total compensation Hartford Foundation for Public Giving reported for one person in calendar year 2024 was $594,483, for the role of PRESIDENT & SECRETARY (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Hartford Foundation for Public Giving get its money?
Of $144.4 million in revenue in calendar year 2024, 24.0% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).
Is Hartford Foundation for Public Giving a registered charity?
The IRS lists EIN 06-0699252 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202523179349302672 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202403199349307870 · read the filing
- 2022: Form 990 for calendar year 2022, object 202342909349300634 · read the filing
- 2021: Form 990 for calendar year 2021, object 202243159349301719 · read the filing
- 2020: Form 990 for calendar year 2020, object 202123149349301117 · read the filing
- 2019: Form 990 for calendar year 2019, object 202023109349301582 · read the filing
All filings for EIN 06-0699252: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.