Avangrid Foundation Inc

Organization Overview

Avangrid Foundation Inc is located in Orange, CT. The organization was established in 2002. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Avangrid 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 12/2021, Avangrid Foundation Inc generated $2.6m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 9.1% each year. All expenses for the organization totaled $2.6m during the year ending 12/2021. While expenses have increased by 11.7% per year over the past 5 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, Avangrid Foundation Inc has awarded 529 individual grants totaling $14,656,428. 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.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $2,647,102
Interest on Savings $0
Dividends & Interest $503
Net Rental Income$205,275
Net Gain on Sale of Assets -$290,368
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $2,609,665

Grants Awarded

Over the last fiscal year, Avangrid Foundation Inc has awarded $2,527,155 in support to 104 organizations.

Grant RecipientAmount

AMERICAN RED CROSS - OREGON WILDFIRES

PURPOSE: COMMUNITY PROGRAMS

$325,000

CITY OF PORTLAND LAND BANK COMMISSION

PURPOSE: BIODIVERSITY & CLIMATE CHANGE

$275,000

HABITAT FOR HUMANITY INTERNATIONAL

Org PageRecipient Profile

Americus, GA

PURPOSE: COMMUNITY PROGRAMS

$135,000

YALE UNIVERISTY INSTITUTE OF PERSERVATION AND CULTURAL HERITAGE

PURPOSE: TRAINING, RESEARCH & HIGHER EDUCATION

$75,000

MAINE DEVELOPMENT FOUNDATION

Org PageRecipient Profile

Hallowell, ME

PURPOSE: TRAINING, RESEARCH & HIGHER EDUCATION

$50,000

DISTRICT ARTS & EDUCATION

PURPOSE: TRAINING, RESEARCH & HIGHER EDUCATION

$50,000
View Grant Profile

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