Yale Club And Scholarship Foundation Of Hartford Inc

Organization Overview

Yale Club And Scholarship Foundation Of Hartford Inc is located in West Hartford, CT. The organization was established in 1960. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Yale Club And Scholarship Foundation Of Hartford 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 06/2024, Yale Club And Scholarship Foundation Of Hartford Inc generated $48.4k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $38.6k during the year ending 06/2024. While expenses have increased by 5.6% per year over the past 9 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2024

Describe the Organization's Mission:

Part 3 - Line 1

FACILITATE LOCAL YALE ALUMNI IN CONTRIBUTING TO THE WELFARE OF YALE UNIVERSITY; SPONSORING PROGRAMS TO DEVELOP AND MAINTAIN TIES BETWEEN YALE, ITS ALUMNI AND RESIDENTS OF THE GREATER HARTFORD AREA, AND SUPPORTING LOCAL AND OTHER STUDENTS AT YALE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

EVENT EXPENSES - CLUB EVENTS AND MEETINGS. MANY EVENT EXPENSES ARE OFFSET BY REVENUES FROM THE EVENTS AND TRANSFERS FROM AN ENDOWED FUND. CLUB MEMBERS ATTENDED THE YALE-QUINNIPIAC HOCKEY GAME, AS PART OF THE CONNECTICUT CUP, TWO SUMMER MUSIC EVENTS, AND THE YALE-HARVARD FOOTBALL GAME. THE CLUB HELD AN ANNUAL MEETING AND DINNER WITH A YALE FACULTY SPEAKER AND SEVERAL OTHER EVENTS. THE CLUB WAS THE LEAD SPONSOR FOR AN ALL-IVY SOCIAL EVENT. THE CLUB HOSTED A YALE SINGING GROUP, WHICH SANG AT THE STATE CAPITOL ON MARTIN LUTHER KING'S BIRTHDAY. THE CLUB'S EVENTS RETURNED TO MOSTLY IN-PERSON FORMAT. THERE ARE APPROXIMATELY 160 MEMBERS AND OTHERS WHO ATTEND EVENTS AS GUESTS. MANY LOCAL ALUMNI RECEIVE EMAILS AND ANNUAL MAILINGS FROM THE CLUB. TOTAL EXPENSES - $14,724.


FUNDS PAID DIRECTLY TO YALE UNIVERSITY FOR ITS GENERAL SCHOLARSHIP FUND. THE UNIVERSITY PROVIDES NEED-BLIND SUPPORT TO ALL QUALIFYING STUDENTS, INCLUDING THOSE FROM THE HARTFORD AREA. YALE NAMES LOCAL STUDENTS AS "YALE CLUB AND SCHOLARSHIP FOUNDATION OF HARTFORD SCHOLARS"TOTAL $6,500.


OTHER PROGRAM EXPENSES INCLUDING AWARDS, T-SHIRTS, PRINTING AND MAILING. $3,052.


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Board, Officers & Key Employees

Name (title)Compensation
Eric Fleischmann
President
$0
Katherine Mccormack
Vice President
$0
Adam P Cohen
Treasurer
$0
Tj Noel-Sullivan
Director
$0
William O'donnell
Director
$0
Lori Ann Stewart
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$3,730
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$23,587
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$27,317
Total Program Service Revenue$8,716
Investment income $10,787
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $1,617
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $48,437

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