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The Community Foundation for Greater New Haven
The Community Foundation for Greater New Haven reported $55.7 million in revenue and $43.3 million in expenses for calendar year 2024. Of every $100 it spent, $75.82 went to program services, $21.03 to management and general costs and $3.15 to fundraising. Its largest source of revenue was contributions and grants: 57.2% of the total. Government grants made up 8.6%. The highest compensation it reported for one person was $636,648 (PRESIDENT & CEO (LEFT 11/2024)). 8 people received more than $100,000 in reportable compensation. Revenue fell 10% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $43MFor 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 $56MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 75.8% | 90.2% |
| Management & general Part IX 25(C) ÷ 25(A) | 21.0% | 6.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 3.1% | 1.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.04 | $0.02 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 57.2% | 79.9% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 8.6% | 0.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.0% | 0.0% |
| Highest reported compensation Part VII-A, columns D–F | $636,648 | $325,675 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.47% | 1.56% |
| People paid over $100,000 Part VII, line 2 | 8 | 3 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 129.1 | 56.6 |
| Independent voting board members Part VI 1a–1b | 14 of 14 | 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 expenseCivic vitality: grants that support programs and services that promote civic vitality
Arts and culture: grants that support programs and services that promote arts and culture
Health: grants that support programs and services that ensure health and wellness
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 & CEO (LEFT 11/2024) Officer, 40.00 hrs/week | $557,085 | $0 | $79,563 | $636,648 |
| CHIEF INVESTMENT OFFICER Officer, 40.00 hrs/week | $401,006 | $0 | $62,612 | $463,618 |
| SR. VP FOR GRANT MAKING Highest compensated employee, 37.50 hrs/week | $301,311 | $0 | $26,106 | $327,417 |
| SR. VP FOR DEVELOPMENT Highest compensated employee, 37.50 hrs/week | $264,257 | $0 | $32,851 | $297,108 |
| SR. VP FOR ORGANIZATIONAL Highest compensated employee, 37.50 hrs/week | $262,256 | $0 | $31,893 | $294,149 |
| CHIEF FINANCIAL OFFICER Officer, 37.50 hrs/week | $229,925 | $0 | $38,955 | $268,880 |
| MANAGING DIRECTOR, INVESTMENTS Highest compensated employee, 37.50 hrs/week | $201,891 | $0 | $17,660 | $219,551 |
| VP FOR PROGRAM & COMMUNITY ENGAGEMENT Highest compensated employee, 37.50 hrs/week | $180,220 | $0 | $35,357 | $215,577 |
8 people received more than $100,000 in reportable compensation from The Community Foundation for Greater New Haven (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.4M (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–1b14 · 14 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 4No
- 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 554
- Volunteers Part I, line 6172
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| PERMIAN INVESTMENT PARTNERS Investment manager | $419,189 |
| US TRUST BANK OF AMERICA Investment manager | $354,265 |
| CREWCIAL PARTNERS LLC Investment manager | $330,229 |
| BROWN ADVISORY Investment manager | $328,779 |
| WESTWOOD GLOBAL INVESTMENTS LLC Investment manager | $327,786 |
Individuals listed as contractors are left out. 18 contractors were paid more than $100,000 in all.
Private foundation grants it received
13 private foundations reported grants to The Community Foundation for Greater New Haven totaling $6.2M 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 for Greater New Haven'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 for Greater New Haven, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 The Community Foundation for Greater New Haven spent in 2024, $75.82 went to programs. The full breakdown, from its IRS Form 990:
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All philanthropy, voluntarism & grantmaking charities · Largest charities in Connecticut
Questions people ask
How much of The Community Foundation for Greater New Haven's spending goes to programs?
In calendar year 2024, The Community Foundation for Greater New Haven reported that 75.8% of its $43.3 million in expenses went to program services, 21.0% to management and general and 3.1% to fundraising (Form 990, Part IX).
How much does The Community Foundation for Greater New Haven pay its top executive?
The largest total compensation The Community Foundation for Greater New Haven reported for one person in calendar year 2024 was $636,648, for the role of PRESIDENT & CEO (LEFT 11/2024) (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does The Community Foundation for Greater New Haven get its money?
Of $55.7 million in revenue in calendar year 2024, 57.2% came from contributions and grants (including 8.6% from government grants) and 0.0% from program service revenue (Form 990, Part VIII).
Is The Community Foundation for Greater New Haven a registered charity?
The IRS lists EIN 06-6032106 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 202543219349314969 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202403209349318265 · read the filing
- 2022: Form 990 for calendar year 2022, object 202333199349326213 · read the filing
- 2021: Form 990 for calendar year 2021, object 202203209349302200 · read the filing
- 2020: Form 990 for calendar year 2020, object 202103189349301325 · read the filing
- 2019: Form 990 for calendar year 2019, object 202023219349300537 · read the filing
All filings for EIN 06-6032106: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.