Hospital For Special Care Foundation Inc

Organization Overview

Hospital For Special Care Foundation Inc is located in New Britain, CT. The organization was established in 1999. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hospital For Special Care 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 03/2024, Hospital For Special Care Foundation Inc generated $1.7m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $1.0m during the year ending 03/2024. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Hospital For Special Care Foundation Inc has awarded 24 individual grants totaling $8,917,020. 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

2024

Describe the Organization's Mission:

Part 3 - Line 1

THE HOSPITAL FOR SPECIAL CARE FOUNDATION, INC. OPERATES EXCLUSIVELY FOR THE BENEFIT OF HOSPITAL FOR SPECIAL CARE & ITS AFFILIATES BY SOLICITING & RECEIVING CONTRIBUTIONS GRANTS, DONATIONS, BEQUESTS AND FUNDRAISING. THE FOUNDATION ALSO ACCEPTS, HOLD, INVESTS, & ADMINSTERS ANY OF THE ABOVE MENTIONED & MAKES DISTRIBUTIONS IN FURTHERANCE OF THE MISSION OF THE HOSPITAL AND ITS AFFILIATES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

FUNDRAISING PROGRAMS: HOSPITAL FOR SPECIAL CARE FOUNDATION, INC.RAISES FUNDS FOR THE CENTER OF SPECIAL CARE, INC. AND AFFILIATES. THEIR CONTRIBUTIONS SUPPORT PATIENT NEEDS, CHILDREN AND ADULTS WITH SPECIAL HEALTH NEEDS, AND SOCIAL AND RECREATIONAL NEEDS OF PATIENTS AND THE COMMUNITY.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$772,064
Noncash contributions included in lines 1a–1f $137,439
Total Revenue from Contributions, Gifts, Grants & Similar$772,064
Total Program Service Revenue$0
Investment income $622,684
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $109,252
Net Income from Fundraising Events $210,443
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,714,443

Grants Awarded

Over the last fiscal year, Hospital For Special Care Foundation Inc has awarded $508,273 in support to 3 organizations.

Grant RecipientAmount

HOSPITAL FOR SPECIAL CARE

PURPOSE: Fund Operations

$291,066

MANES & MOTIONS THERAP RIDING

PURPOSE: Fund Program

$74,874

HSC COMMUNITY SERVICES INC

PURPOSE: Fund Program

$142,333
View Grant Profile

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