Newtown-Sandy Hook Community Foundation Inc
- Assets
- $1.1m
- Revenue
- $127.1k
- Investments
- $0.0
- Employees
- 1
- Location
- Newtown, CT
- Founding
- 09/2013
- Data as of
- 12/2022
- EIN
- 46-2161591
Organization Overview
Newtown-Sandy Hook Community Foundation Inc is located in Newtown, CT. The organization was established in 2013. 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. Newtown-Sandy Hook Community 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 12/2022, Newtown-Sandy Hook Community Foundation Inc generated $127.1k 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 (14.3%) each year. All expenses for the organization totaled $348.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (11.6%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Newtown-Sandy Hook Community Foundation Inc has awarded 23 individual grants totaling $711,877. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING 2022 THE FOUNDATION ORGANIZED AND SUBSIDIZED MENTAL HEALTH AND OTHER WELLNESS SERVICES FOR INDIVIDUALS AFFECTED BY THE SANDY HOOK ELEMENTARY SCHOOL TRAGEDY OCCURRING ON 12/14/12. IN ADDITION, THE FOUNDATION PROVIDED TWO GRANTS TO ORGANIZATIONS THAT ARE WORKING WITH INDIVIDUALS IN THE COMMUNITY IMPACTED BY THE TRAGEDY. THE FOUNDATION CONTINUES TO WORK WITH THE NEWTOWN COMMUNITY AND RESPOND TO THEIR MENTAL HEALTH AND WELLNESS NEEDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lucie Connell | Officer | 40 | $79,628 |
Anne Ragusa Director/vice-President | OfficerTrustee | 2 | $0 |
Gavin Arneth Director/treasurer & CFO | OfficerTrustee | 2 | $0 |
Dr Charles Herrick Director/secretary | OfficerTrustee | 2 | $0 |
Chris Mcdonnell Director/president | OfficerTrustee | 2 | $0 |
Isabel Almeida Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $40,506 |
| All other contributions, gifts, grants, and similar amounts not included above | $73,978 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $114,484 |
| Total Program Service Revenue | $0 |
| Investment income | $12,648 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $127,132 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $8,200 |
| Grants and other assistance to domestic individuals. | $225,603 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $79,715 |
| Compensation of current officers, directors, key employees. | $15,943 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,377 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,850 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,949 |
| Advertising and promotion | $0 |
| Office expenses | $2,308 |
| Information technology | $2,398 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $12,032 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,889 |
| All other expenses | $0 |
| Total functional expenses | $348,321 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $32,098 |
| Savings and temporary cash investments | $104,870 |
| Pledges and grants receivable | $12,402 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $928,610 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,077,980 |
| Accounts payable and accrued expenses | $3,047 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,047 |
| Net assets without donor restrictions | $1,074,933 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,077,980 |
Grants Awarded
Over the last fiscal year, Newtown-Sandy Hook Community Foundation Inc has awarded $41,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Newark, NJ PURPOSE: TRAINING FIRST RESPONDERS | $25,000 |
Newtown, CT PURPOSE: TO SUPPORT ORGANIZATIONAL COSTS. | $16,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Newtown-Sandy Hook Community Foundation Inc has recieved totaling $55.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $55 |
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 |