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Greater Hartford Community Foundation

Also known as The Travelers Championship

Hartford, CT · EIN 42-1684133 · 501(c)(3) · Publicly supported organization (509(a)(2))
Latest filing: Form 990 for the fiscal year ending August 31, 2025 (tax year 2024) · View the filing · Correct or respond

Greater Hartford Community Foundation reported $42.9 million in revenue and $42.2 million in expenses for the fiscal year ending August 31, 2025. Of every $100 it spent, $98.44 went to program services, $1.00 to management and general costs and $0.56 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 68.7% of the total. The highest compensation it reported for one person was $687,110 (EXECUTIVE DIRECTOR/SECRETARY). 8 people received more than $100,000 in reportable compensation. Revenue rose 248% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending August 31, 2025 · Form 990, Part IX, line 25 · total expenses $42M

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

The fiscal year ending August 31, 2025 · Form 990, Part VIII · total revenue $43M

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

FY2025 filing. Median across 1,001 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
98.4%90.2%
Management & general
Part IX 25(C) ÷ 25(A)
1.0%6.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.6%1.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.02$0.02
Contributions & grants share of revenue
Part VIII 1h ÷ 12
30.7%79.9%
Government grants share of revenue
Part VIII 1e ÷ 12
0.1%0.0%
Program service revenue share
Part VIII 2g ÷ 12
68.7%0.0%
Highest reported compensation
Part VII-A, columns D–F
$687,110$325,675
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.63%1.56%
People paid over $100,000
Part VII, line 2
83
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
0.956.6
Independent voting board members
Part VI 1a–1b
20 of 21100.0%

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

FY2025 · Form 990, Part III · the three largest programs by expense
$42M expenses · 100.0% of program spending · grants $849K · revenue $30M

The foundation's primary fundraising activity is the travelers championship, connecticut's annual pga tour golf tournament. The net proceeds realized by the tournament and other such activities and events are for the benefit of the citizens, social welfare organizations and other institutions of the community

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
EXECUTIVE DIRECTOR/SECRETARY
Director/trustee, officer, 40.00 hrs/week
$653,553$0$33,557$687,110
SENIOR DIRECTOR STRATEGY
Key employee, 40.00 hrs/week
$284,220$0$14,658$298,878
SENIOR DIRECTOR OF OPERATIONS
Key employee, 40.00 hrs/week
$248,691$0$33,386$282,077
DIRECTOR OF CLIENT RELATIONS
Highest compensated employee, 40.00 hrs/week
$180,660$0$24,229$204,889
DIRECTOR OF BUSINESS DEVELOP
Highest compensated employee, 40.00 hrs/week
$172,413$0$6,372$178,785
DIR. OF BUSINESS DEVELOPMENT
Highest compensated employee, 40.00 hrs/week
$125,461$0$0$125,461
VOLUNTEER AND CHARITY MANAGER
Highest compensated employee, 40.00 hrs/week
$104,492$0$0$104,492
OPERATIONS MANAGER
Highest compensated employee, 40.00 hrs/week
$103,406$0$0$103,406

8 people received more than $100,000 in reportable compensation from Greater Hartford Community Foundation (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, linked
RevenueExpenses
$0$20M$40M$60M$80MFY2020FY2021FY2022FY2023FY2024FY2025$43M$42M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$43M$42M98.4%$3.1M$687,110
FY2024 ⓘ$41M$41M98.7%$2.4M$625,857
FY2023 ⓘ$38M$38M98.6%$2.3M$566,742
FY2022 ⓘ$22M$21M98.4%$1.7M$536,041
FY2021 ⓘ$17M$16M97.9%$716K$503,458
FY2020 ⓘ$12M$13M92.9%$343K$511,155

Governance answers, as filed

FY2025 · 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–1b21 · 20 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14No
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aNo
  • 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 14bNo
  • Employees Part I, line 517
  • Volunteers Part I, line 61,850

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
ARENA AZTEC SHAFFER SPORTS LLC
Temporary structures rental and construc
$3,404,321
ARAMARK
Food services
$2,898,152
PINNACLE EXHIBITS INC
Signage
$746,187
SLATE SERVICE GROUP
Security management services
$731,020
SUNBELT RENTALS INC
Equipment rental services
$569,260

Individuals listed as contractors are left out. 15 contractors were paid more than $100,000 in all.

Correct a figure or respond

Every number above is copied from Greater Hartford Community Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Greater Hartford Community Foundation, you can publish a response that is linked from this page.

Similar-sized charities in this cause

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Questions people ask

How much of Greater Hartford Community Foundation's spending goes to programs?

In the fiscal year ending August 31, 2025, Greater Hartford Community Foundation reported that 98.4% of its $42.2 million in expenses went to program services, 1.0% to management and general and 0.6% to fundraising (Form 990, Part IX).

How much does Greater Hartford Community Foundation pay its top executive?

The largest total compensation Greater Hartford Community Foundation reported for one person in the fiscal year ending August 31, 2025 was $687,110, for the role of EXECUTIVE DIRECTOR/SECRETARY (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Greater Hartford Community Foundation get its money?

Of $42.9 million in revenue in the fiscal year ending August 31, 2025, 30.7% came from contributions and grants (including 0.1% from government grants) and 68.7% from program service revenue (Form 990, Part VIII).

Is Greater Hartford Community Foundation a registered charity?

The IRS lists EIN 42-1684133 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), 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

  • FY2025: Form 990 for the fiscal year ending August 31, 2025, object 202630929349300003 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending August 31, 2024, object 202520489349300637 · read the filing
  • FY2023: Form 990 for the fiscal year ending August 31, 2023, object 202421949349300827 · read the filing
  • FY2022: Form 990 for the fiscal year ending August 31, 2022, object 202340879349300939 · read the filing
  • FY2021: Form 990 for the fiscal year ending August 31, 2021, object 202211539349300921 · read the filing
  • FY2020: Form 990 for the fiscal year ending August 31, 2020, object 202101619349300705 · read the filing

All filings for EIN 42-1684133: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.