Founders Hall Foundation Inc

Organization Overview

Founders Hall Foundation Inc is located in Ridgefield, CT. The organization was established in 2001. According to its NTEE Classification (P81) the organization is classified as: Senior Centers, under the broad grouping of Human Services and related organizations. As of 12/2022, Founders Hall Foundation Inc employed 43 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Founders Hall 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, Founders Hall Foundation Inc generated $1.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.3% each year. All expenses for the organization totaled $1.1m during the year ending 12/2021. While expenses have increased by 3.0% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

FOUNDERS HALL IS DEDICATED TO PROVIDING A DIVERSE PROGRAM OF SOCIAL, EDUCATIONAL AND PHYSICAL FITNESS PROGRAMS FOR TODAY'S ACTIVE SENIORS IN A WARM, FUN, AND STIMULATING ATMOSPHERE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SEMESTER PROGRAMS: OUR DIVERSE AND DYNAMIC PROGRAMMING OFFERS OPPORTUNITIES FOR LIFE-LONG LEARNING. IN 2022, MORE THAN 3,300 PEOPLE WERE INSPIRED BY CLASSES IN ART, TECHNOLOGY, CURRENT EVENTS, GENEALOGY, HISTORY, INVESTMENTS, LITERATURE, LANGUAGES, MUSIC, WRITING AND MORE. OVER 75 FOUNDERS HALL INSTRUCTORS TAUGHT SENIOR LEARNERS; AND, THOSE LEARNERS BROUGHT LIFETIMES OF WISDOM TO THE DISCUSSION, ENRICHING THE EXPERIENCE FOR ALL. MEMBERS EXPRESSED THEIR CREATIVITY THROUGH CLASSES IN CHORUS, DRAWING, PORTRAITURE, WATERCOLORS, OIL PAINTING, WEAVING, QUILTING, SEWING, KNITTING, CROCHETING, RUG HOOKING AND WOOD CARVING. PROGRAMS WERE OFFERED ON-LINE OR IN-PERSON - OR A COMBINATION OF THE TWO.


FITNESS PROGRAMS: OUR MEMBERS KNOW THAT IF THEY'RE GOING TO KEEP LEARNING, THEY HAVE TO KEEP MOVING. SO DURING 2022, MEMBERS TOOK ALL KINDS OF FITNESS CLASSES THROUGH FOUNDERS HALL, FROM SIMPLE STRETCHING TO HARD-CORE STRENGTHENING AS WELL AS AEROBICS, BASKETBALL CLINICS, PICKLEBALL, YOGA, DANCING AND MORE. CLASSES WERE OFFERED IN-PERSON AS WELL AS ON-LINE.


SOCIAL EVENTS AND TRIPS: AT FOUNDERS HALL, LIFELONG RESIDENTS AND THOSE NEW TO TOWN ALL DISCOVER A SUPPORTIVE COMMUNITY THAT UNDERSTANDS THE OPPORTUNITIES AND CHALLENGES OF LIFE AFTER 60. MEMBERS ENJOYED GETTING TOGETHER FOR A VARIETY OF SOCIAL ACTIVITIES INCLUDING PARTIES, TOURNAMENTS AND TASTINGS. DURING 2022 MEMBERS ATTENDED A BROADWAY MUSICAL AND VISITED THE METROPOLITAN MUSEUM OF ART.


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Board, Officers & Key Employees

Name (title)Compensation
Grace F Weber
Executive Director
$113,598
John A Couri
President
$0
Jennifer Kubick
Secretary
$0
Steven F Goldstone
Chairman Of The Board
$0
Elizabeth C Goldstone
Treasurer
$0
Lori Berisford
Director
$0

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$986,154
Investment income $147,828
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $200,135
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,556,765

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