Guilford Fund For Education Inc
- Assets
- $412.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Guilford, CT
- Founding
- 07/2007
- Data as of
- 06/2022
- EIN
- 20-8879908
Organization Overview
Guilford Fund For Education Inc is located in Guilford, CT. The organization was established in 2007. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Guilford Fund For Education 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 06/2022, Guilford Fund For Education Inc generated $40.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $120.0k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE FUNDS TO FINANCE EDUCATIONAL OPPORTUNITIES OUTSIDE THE REGULAR SCOPE OF THE OPERATION BUDGET OF THE APPLYING AGENCY
Describe the Organization's Program Activity:
Part 3
GRANTS WERE PROVIDED FOR DIFFERENT EDUCATIONAL ACITVITIES TO VARIOUS SCHOOLS IN GUILFORD CT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Veena Kapadia Chair | 5 | $0 | |
Nicole Schlagheck Chair | 5 | $0 | |
Andrew Corpuel Treasurer | 5 | $0 | |
Julie Fitzpatrick Member | 4 | $0 | |
Joseph Polizzi Member | 0.5 | $0 | |
Dennis Culliton Member | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $31,352 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $9,472 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $40,824 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $4,691 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $256 |
| Other expenses | $15,372 |
| Total expenses | $119,960 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $412,604 |
| Other assets | $0 |
| Total assets | $412,604 |
| Total liabilities | $0 |
| Net assets or fund balances | $412,604 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Guilford Fund For Education Inc has recieved totaling $1,422.
| Awarding Organization | Amount |
|---|---|
The David W Knapp Charitable Foundation Brooklyn, OH PURPOSE: GENERAL | $909 |
Joe And Cindy Goldberg Family Foundation Inc Guilford, CT PURPOSE: FUND GRANTS FOR TEACHERS AND NON-PROFIT ORGANIZATIONS | $500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $13 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Rhode Island Community Foundation Providence, RI | $1,346,682,058 | $194,702,159 |
Hartford Foundation For Public Giving Hartford, CT | $1,125,106,021 | $82,935,365 |
Community Foundation For Greater Buffalo Inc Buffalo, NY | $874,380,305 | $143,802,626 |
Community Foundation For Greater New Haven New Haven, CT | $745,279,119 | $58,670,540 |
Federation Of Jewish Communities Of The C I S Inc New York, NY | $45,162,356 | $39,631,208 |
Fairfield Countys Community Foundation Inc Norwalk, CT | $264,164,706 | $42,534,303 |
Rochester Area Community Foundation Rochester, NY | $452,673,006 | $59,557,190 |
Catholic Charities Of Buffalo Buffalo, NY | $41,576,335 | $33,263,179 |
New World Foundation New York, NY | $131,879,332 | $14,635,341 |
Central New York Community Foundation Inc Syracuse, NY | $395,864,792 | $49,020,873 |
Community Foundation Of Western Massachusetts Springfield, MA | $263,677,089 | $50,890,910 |
Essex County Community Foundation Incorporated Danvers, MA | $116,029,343 | $28,414,247 |