Fairfield Countys Community Foundation Inc

Organization Overview

Fairfield Countys Community Foundation Inc is located in Norwalk, CT. The organization was established in 1991. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2022, Fairfield Countys Community Foundation Inc employed 42 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fairfield Countys Community Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, Fairfield Countys Community Foundation Inc generated $42.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.7% each year . All expenses for the organization totaled $34.7m during the year ending 06/2021. While expenses have increased by 9.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, Fairfield Countys Community Foundation Inc has awarded 2,807 individual grants totaling $132,682,227. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

FAIRFIELD COUNTY'S COMMUNITY FOUNDATION, (THE "COMMUNITY FOUNDATION") PARTNERS WITH OUR COMMUNITY TO CREATE A FAIRFIELD COUNTY WHERE EVERY PERSON HAS AN EQUITABLE OPPORTUNITY TO THRIVE. THE COMMUNITY FOUNDATION PROVIDES:-- PERSONALIZED PHILANTHROPIC ADVISORY SERVICES, GRANT SERVICES AND FINANCIAL STEWARDSHIP TO FUNDHOLDERS;-- COMMUNITY LEADERSHIP AND STRATEGIC, COLLABORATIVE INITIATIVES TO ADDRESS KEY REGIONAL ISSUES, SUCH AS OPPORTUNITY GAP, WOMEN AND GIRLS, AFFORDABLE HOUSING, ECONOMIC OPPORTUNITY, IMMIGRATION AND OTHER AREAS-- GRANTS, COUNSEL AND PROFESSIONAL DEVELOPMENT/LEADERSHIP AND OTHER TRAINING TO LOCAL NONPROFITS-- RESEARCH ON NONPROFITS AND CAUSES, DUE DILIGENCE AND CONSULTATION WITH AGENCIES, AND MONITORING AND EVALUATION OF GRANT PROGRAMS AND FOUNDATION INITIATIVES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

GRANTS - THE COMMUNITY FOUNDATION AWARDED AND MADE GRANTS TO 501(C)(3) ORGANIZATIONS TO SUPPORT EDUCATION AND YOUTH DEVELOPMENT, COMMUNITY AND ECONOMIC DEVELOPMENT, THE EMPOWERMENT OF WOMEN AND GIRLS, HEALTH, IMMIGRATION SUPPORT AND NONPROFIT CAPACITY BUILDING.


COMMUNITY LEADERSHIP - FAIRFIELD COUNTY'S COMMUNITY FOUNDATION PROMOTES AND SUPPORTS COLLABORATIONS, PARTNERSHIPS AND INITIATIVES TO MAKE AN IMPACT FOR WOMEN AND GIRLS, OLDER YOUTH (WHO ARE NOT IN SCHOOL OR EMPLOYED) AND IMMIGRANTS.THE COMMUNITY FOUNDATION STRENGTHENS FAIRFIELD COUNTY NONPROFITS BY PROVIDING WORKSHOPS, TRAININGS AND TECHNICAL ASSISTANCE TO AGENCIES AND THEIR STAFF & VOLUNTEERS THROUGH THE FOUNDATION'S CENTER FOR NONPROFIT EXCELLENCE.


FINANCIAL RESOURCE DEVELOPMENT - THE COMMUNITY FOUNDATION EDUCATES DONORS, AGENCIES AND THE COMMUNITY TO INCREASE LOCAL PHILANTHROPY TO PROVIDE A STRONG BASE OF SUPPORT FOR FAIRFIELD COUNTY NONPROFIT ORGANIZATIONS NOW AND IN THE FUTURE.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Nepc Llc
Investment Advisor
$250,784
Ripple Effect Consulting
Social Impact Consulting Services
$190,000
Silchester International Investors
Investment Management Services
$123,711
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$28,631,864
Investment income $1,259,440
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $12,677,606
Net Income from Fundraising Events -$109,796
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $42,534,303

Grants Awarded

Over the last fiscal year, Fairfield Countys Community Foundation Inc has awarded $21,694,151 in support to 449 organizations.

Grant RecipientAmount

SEATTLE CHINATOWN INTERNATIONAL DISTRICT PRESERVATION AND DEVELOPMENT AUTHO

Org PageRecipient Profile

Seattle, WA

PURPOSE: FOR GENERAL SUPPORT.

$2,500,000

DANBURY ANIMAL WELFARE SOCIETY

Org PageRecipient Profile

Bethel, CT

PURPOSE: FOR GENERAL SUPPORT.

$602,500

Stamford, CT

PURPOSE: FOR GENERAL SUPPORT.

$596,123

BUILDING ONE COMMUNITY

Org PageRecipient Profile

Stamford, CT

PURPOSE: FOR GENERAL SUPPORT.

$400,000

REGINALD F LEWIS MUSEUM OF MARYLAND AFRICAN AMERICAN HISTORY AND CULTURE

Org PageRecipient Profile

Baltimore, MD

PURPOSE: FOR GENERAL SUPPORT.

$350,000

ADAM J LEWIS ACADEMY

Org PageRecipient Profile

Bridgeport, CT

PURPOSE: FOR GENERAL SUPPORT.

$315,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Fairfield Countys Community Foundation Inc has recieved totaling $1,607.

Awarding OrganizationAmount
Torpey Charitable Foundation

Colts Neck, NJ

PURPOSE: GENERAL FUND

$1,000
Konstantin Family Foundation

Wilmington, DE

PURPOSE: EMME COALITION

$500
Hastings Family Foundation Inc

Boston, MA

PURPOSE: GENERAL PURPOSE

$107
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$259,279,280
Earnings-$18,835,172
Admin Expense$13,232,230
Net Contributions$40,316,195
Grants$14,024,939
Ending Balance$253,503,134

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