2024-05-14T09:04:25-05:00 2023-12-31 Nanavaty Davenport Studley White 123 South Main St Suite 140 Newtown CT 06470 990 2023-01-01 311776375 Founders Hall Foundation Inc % ELIZABETH C GOLDSTONE FOUN 2034317000 193 Danbury Road Ridgefield CT 06877 John Couri President 2034317000 2024-05-07 true John Couri 999009999 true Azian A Kearney P02426278 2034268500 2024-05-07 2 2023 2023-04-26 12:10:37Z John Couri 193 Danbury Road Ridgefield CT 06877 2498085 false X www.founders-hall.org X 2001 DE 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. 9 9 43 107 15500 0 855971 944209 235404 287121 172002 166712 -7898 13645 1255479 1411687 0 0 0 0 658892 671303 0 0 106154 506504 493664 1165396 1164967 90083 246720 6702894 7603126 118342 250086 6584552 7353040 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. false false 365561 130449 Semester Programs: Our diverse and dynamic programming offers opportunities for life-long learning. In 2023, 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 and crocheting. Programs were offered on-line or in-person - or a combination of the two. 303747 111763 Fitness Programs: Our members know that if they're going to keep learning, they have to keep moving. So during 2023 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. 267837 44909 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 2023, members enjoyed a performance at the Goodspeed Opera House and visited the Culinary Institute, New York Botanical Gardens, Whitney Museum of Art, and the Guggenheim Museum. 937145 true true false false false false false false false true true false false false true true true false false false false false false false true false false false false true false false false false false false false false false false false false false false false false false true 14 0 true 43 true true true false false false false false false false false false false false X 9 9 true false false false false false false true true false false true true true true true true true false false CT DE X X ELIZABETH C GOLDSTONE 2034317000 193 DANBURY ROAD Ridgefield CT 06877 Grace F Weber Executive Director 40.0 0.0 X 131485 0 33700 John A Couri President 10.0 0.0 X X 0 0 0 Jennifer Kubick Secretary 1.0 0.0 X X 0 0 0 Steven F Goldstone Chairman of the Board 10.0 0.0 X X 0 0 0 Elizabeth C Goldstone Treasurer 10.0 0.0 X X 0 0 0 Lori Berisford Director 1.0 0.0 X 0 0 0 Christopher Couri Director 1.0 0.0 X 0 0 0 Rudy Marconi Director 1.0 0.0 X 0 0 0 Kent Rohrer Director 1.0 0.0 X 0 0 0 Rudy Ruggles Jr Director 1.0 0.0 X 0 0 0 131485 0 33700 1 false true false 0 78214 55976 810019 944209 SEMESTER PROGRAMS 900099 130449 130449 FITNESS PROGRAMS 900099 111763 111763 SOCIAL EVENTS AND TRIPS 900099 44909 44909 287121 159060 159060 0 0 0 0 0 1083295 1075643 7652 7652 7652 8900 78214 10755 -1855 0 0 0 0 0 0 ADVERTISING INCOME 541800 15500 15500 15500 1411687 287121 15500 166712 0 0 0 0 165185 132148 24777 8260 0 441047 344534 33462 63051 6569 4527 769 1273 9717 1943 486 7288 48785 38612 4325 5848 0 0 16999 16999 0 0 31311 31311 8270 8270 3920 1176 196 2548 47212 45324 944 944 0 0 116352 114024 1164 1164 0 0 0 0 0 103907 101829 1039 1039 8345 6509 1419 417 PRINTING AND PUBLICATIONS 53661 43206 10455 SUPPLIES 44334 43086 898 350 GROUP TRIP EXPENSES 35814 35814 POSTAGE AND SHIPPING 6490 5250 1240 17049 10893 3879 2277 1164967 937145 121668 106154 144927 162279 297547 249660 0 51776 1945 6642 0 0 0 0 0 0 0 0 5030 6218 3553379 1940678 1623557 1612701 4629688 5513650 0 0 0 0 0 0 200 200 6702894 7603126 19735 79567 0 0 43775 64931 0 0 0 0 0 0 0 0 0 21336 54832 84252 118342 250086 X 4283223 4755925 2301329 2597115 6584552 7353040 6702894 7603126 246720 521768 X false true X true false X 2748084 1835293 986154 855971 944209 7369711 320360 138974 214748 235404 287121 1196607 0 0 0 3068444 1974267 1200902 1091375 1231330 8566318 2067881 111850 76500 120050 109850 2486131 0 2067881 111850 76500 120050 109850 2486131 6080187 43688 70036 147828 122345 159060 542957 16000 12100 7900 12900 15500 64400 59688 82136 155728 135245 174560 607357 0 12200 11645 8900 32745 3140332 2056403 1356630 1238265 1414790 9206420 0.66043 0.65880 0.06597 0.05301 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4653351 187000 646199 5486550 5464510 75000 -886159 4653351 4732162 170000 562348 5464510 3216130 1051380 464652 4732162 3053452 162678 3216130 0.52820 0.47180 true false 2949426 1509373 1440052 171502 61449 110053 432451 369855 62596 1612701 0 DEFERRED COMPENSATION 84252 84252 X 1907441 521768 5297 527065 1380376 31311 31311 1411687 1138953 5297 5297 1133656 31311 31311 1164967 Part V, Line 4 The Foundation's Endowment Consists of Individual Funds Established for a variety of purposes. Its endowment includes both donor-restricted endowment funds and funds designated by the board of directors to function as endowments. Part X, Line 2 The organization recognizes the benefits of income tax positions only if those positions are more likely than not of being sustained. The organization is subject to routine audits by the internal revenue service. There are currently no audits for any tax periods in progress and the organization believes that it is no longer subject to audits for years prior to 2020. Part XI, Line 2D Portion of expenses dealing directly with fundraising events that have been included on part VIII, line 8B of the form 990. Part XII, Line 2D Portion of expenses dealing directly with fundraising events that have been included on part VIII, line 8B of form 990. Light Fight 48340 48340 2680 Wine Cheese 13230 9230 4000 4986 1 25544 20644 4900 3089 87114 78214 8900 10755 10755 -1855 X false false false false false false false false false Grace F Weber Executive Director 131485 18996 14704 165185 Part VI, Section A, Line 2 Chairman of the board Steven Goldstone and treasurer Elizabeth Goldstone have a family relationship, as do president John Couri and director Christopher Couri. Part VI, Section B, Line 11B Prior to filing with the IRS, an independent accountant prepares the form 990. The accounting manager and executive director review the complete 990 in detail and then send to each member of the board of directors for review. Part VI, Section B, Line 12C Each board member and director annually sign a statement affirming they have received conflict of interest policy, have read the policy and understand it, and agree to comply. Any potential conflicts would be presented to the board by interested person and the board would vote on transaction. If board has reason to believe conflicts of interest exist that have not been disclosed, it shall inform member and allow member an opportunity to explain and then take appropriate action. Part VI, Section B, Line 15A The board of directors annually reviews compensation for the executive director for reasonableness based on compensation paid to equivalent positions in comparable areas. Data is obtained from independent expert sources and/or industry surveys. Part VI, Section C, Line 19 The financial statements can be found on guidestar.org. Additionally the financial statements are available on the organization's website and on file in the organization's office and can be read there by interested parties.