Tricoastal Foundation
- Assets
- $7.5m
- Revenue
- $437.4k
- Investments
- $7.2m
- Employees
- 0
- Location
- Monroe, CT
- Founding
- 08/2011
- Data as of
- 12/2022
- EIN
- 45-2431974
Organization Overview
Tricoastal Foundation is located in Monroe, CT. The organization was established in 2011. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Tricoastal Foundation 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 12/2022, Tricoastal Foundation generated $437.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (7.2%) each year. All expenses for the organization totaled $1.2m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Tricoastal Foundation has awarded 112 individual grants totaling $5,330,083. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carol Winograd President | 1 | $0 | |
Christina Winograd Secretary | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,400 |
| Interest on Savings | $0 |
| Dividends & Interest | $210,342 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $216,326 |
| Capital Gain Net Income | $216,326 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $7,375 |
| Total Revenue | $437,443 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,930 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $26,630 |
| Contributions, gifts, grants paid | $1,130,000 |
| Total expenses and disbursements | $1,156,630 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $314,351 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $7,154,937 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $7,469,288 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Tricoastal Foundation has awarded $1,130,000 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
ARBOR DAY FUND PURPOSE: UNRESTRICTED GRANT FOR DONEE'S EXEMPT PURPOSE | $10,000 |
CENTRAL PARK CONSERVANCY PURPOSE: UNRESTRICTED GRANT FOR DONEE'S EXEMPT PURPOSE | $15,000 |
ASPCA PURPOSE: UNRESTRICTED GRANT FOR DONEE'S EXEMPT PURPOSE | $5,000 |
FOR LOVE OF WATER PURPOSE: UNRESTRICTED GRANT FOR DONEE'S EXEMPT PURPOSE | $10,000 |
GROUNDWORKS CENTER FOR RESILIENT COMMUNITIES PURPOSE: UNRESTRICTED GRANT FOR DONEE'S EXEMPT PURPOSE | $100,000 |
HABITAT FOR HUMANITY PURPOSE: UNRESTRICTED GRANT FOR DONEE'S EXEMPT PURPOSE | $10,000 |