Foundations In Charity Inc

Organization Overview

Foundations In Charity Inc is located in Bridgeport, CT. The organization was established in 1946. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundations In Charity 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 06/2021, Foundations In Charity Inc generated $695.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (47.9%) each year.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE FINANCIAL SUPPORT TO CATHOLIC CHARITIES OF FAIRFIELD COUNTY AND OTHER CHARITABLE ORGANIZATIONS TO CONTINUE TO PROVIDE SUPPORT TO THE NEEDY ACROSS FAIRFIELD COUNTY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE FINANCIAL SUPPORT TO CATHOLIC CHARITIES OF FAIRFIELD COUNTY AND OTHER CHARITABLE ORGANIZATIONS TO CONTINUE TO PROVIDE MUCH NEEDED SOCIAL SERVICES TO THE NEEDY AND VULNERABLE ACROSS FAIRFIELD COUNTY.


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Board, Officers & Key Employees

Name (title)Compensation
Michael Hanlon
Treasurer
$0
Anne O Mccrory
Chairperson And Secretary
$0
Thomas Kolenberg
Trustee
$0
Louise Gidez
Trustee
$0
Anthony Fernandez
Trustee
$0
Michael Mcnulty
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$611,657
Noncash contributions included in lines 1a–1f $22,190
Total Revenue from Contributions, Gifts, Grants & Similar$611,657
Total Program Service Revenue$0
Investment income $84,115
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 $695,772

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Foundations In Charity Inc has recieved totaling $7,892.

Awarding OrganizationAmount
$7,892
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$6,668,389
Earnings$258,643
Net Contributions$606,872
Other Expense$538,187
Grants$294,127
Ending Balance$6,701,590

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