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The Community Foundation of Eastern Connecticut

New London, CT · EIN 06-1080097 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

The Community Foundation of Eastern Connecticut reported $13.1 million in revenue and $10.4 million in expenses for calendar year 2024. Of every $100 it spent, $88.00 went to program services, $8.03 to management and general costs and $3.97 to fundraising. Its largest source of revenue was contributions and grants: 57.5% of the total. The highest compensation it reported for one person was $329,049 (PRESIDENT & CEO). 4 people received more than $100,000 in reportable compensation. Revenue rose 60% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $10M

For 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 $13M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 1,001 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
88.0%90.2%
Management & general
Part IX 25(C) ÷ 25(A)
8.0%6.4%
Fundraising
Part IX 25(D) ÷ 25(A)
4.0%1.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.05$0.02
Contributions & grants share of revenue
Part VIII 1h ÷ 12
57.5%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
$329,049$325,675
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
3.17%1.56%
People paid over $100,000
Part VII, line 2
43
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
145.156.6
Independent voting board members
Part VI 1a–1b
13 of 13100.0%

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 expense
$7.6M expenses · 83.0% of program spending · grants $6.8M

General grants:provide support to various 501c(3) organizations in our forty-two town service area. Focus on empowering youth, basic needs and rights,preserving the environment and advancing animal welfare. Grants are awarded on a competitive basis, through a volunteer committee,or byboard approved donor advised recommendations

$1.2M expenses · 13.0% of program spending · grants $1.1M

Scholarship awards:tuition assistance for students who are just entering college and those who are already enrolled. Scholarships are also awarded on acompetitive basis, through a volunteer committee

$363K expenses · 4.0% of program spending · grants $326K

Women & girlsone of the foundation's long standing initiatives is its women & girls fund. Related grants support issues such as domestic violenceprevention, teen pregnancy prevention, and other issues facing women and girls

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT & CEO
Officer, 40.00 hrs/week
$269,021$0$60,028$329,049
PROGRAM DIRECTOR
Highest compensated employee, 40.00 hrs/week
$122,094$0$25,861$147,955
VICE PRESIDENT
Officer, 40.00 hrs/week
$125,495$0$17,981$143,476
DIRECTOR OF DEVELOPMENT
Highest compensated employee, 40.00 hrs/week
$113,825$0$24,722$138,547
CFO UNTIL 05/15/24
Officer, 40.00 hrs/week
$56,055$0$6,123$62,178

4 people received more than $100,000 in reportable compensation from The Community Foundation of Eastern Connecticut (Part VII, line 2). Compensation of current officers, directors and key employees totaled $535K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20M201920202021202220232024$13M$10M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$13M$10M88.0%$126M$329,049
2023 ⓘ$17M$9.9M89.0%$120M$281,654
2022 ⓘ$10M$8.8M88.4%$105M$278,544
2021 ⓘ$10M$11M89.0%$122M$256,491
2020 (amended) ⓘ$12M$11M89.5%$112M$242,084
2019 ⓘ$8.2M$7.5M85.3%$98M$238,148

Governance 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–1b13 · 13 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 511
  • Volunteers Part I, line 6100

Private foundation grants it received

11 private foundations reported grants to The Community Foundation of Eastern Connecticut totaling $201K 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 The Community Foundation of Eastern Connecticut's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for The Community Foundation of Eastern Connecticut, you can publish a response that is linked from this page.

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Questions people ask

How much of The Community Foundation of Eastern Connecticut's spending goes to programs?

In calendar year 2024, The Community Foundation of Eastern Connecticut reported that 88.0% of its $10.4 million in expenses went to program services, 8.0% to management and general and 4.0% to fundraising (Form 990, Part IX).

How much does The Community Foundation of Eastern Connecticut pay its top executive?

The largest total compensation The Community Foundation of Eastern Connecticut reported for one person in calendar year 2024 was $329,049, for the role of PRESIDENT & CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does The Community Foundation of Eastern Connecticut get its money?

Of $13.1 million in revenue in calendar year 2024, 57.5% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).

Is The Community Foundation of Eastern Connecticut a registered charity?

The IRS lists EIN 06-1080097 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 202513109349300216 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202403179349304555 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202303199349309610 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202233159349301013 · read the filing
  • 2020: Form 990 for calendar year 2020 (amended), object 202340879349300844 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202011749349300101 · read the filing

All filings for EIN 06-1080097: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.