2024-05-15T08:58:47-07:00 2023-06-30 990 2022-07-01 066090012 CHRISTIAN HERITAGE EDUCATIONAL FOUNDATION CHRI 2032616230 575 White Plains Road Trumbull CT 06611 Thomas Canfarotta Treasurer 2032616230 2024-05-15 Thomas Canfarotta 999009999 1 1 11 1 AAL2 X 2022 2023-04-26 12:10:37Z John Krekoska 575 White Plains Road Trumbull CT 06611 1366248 0 X X 2017 CT To operate solely and exclusively for the support and benefit of Christian Heritage School, Inc., a Connecticut non stock corporation, its faculty and students. 5 4 0 4 0 0 32032 113935 0 0 162334 162953 0 0 194366 276888 33750 165000 0 0 0 0 0 0 0 26168 30722 59918 195722 134448 81166 2851010 3359304 0 281538 2851010 3077766 (a) To operate solely and exclusively for the support and benefit of Christian Heritage School Inc. (the "School"), its faculty and students. (b) To manage funds on behalf of the School for the benefit of the School, its faculty and students, to promote the educational, religious and charitable activities and functions of the School. (c) To support the mission of the School by making payments to or for the use of the School, its faculty and students. 0 0 184722 165000 0 Investment of the School's endowment and term endowment funds, and annual distribution of funds to the School in accordance with fund charters. 0 0 0 184722 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 4 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 0 0 0 0 0 X Victoria J Wiegand 2032616230 575 White Plains Road Trumbull CT 06611 X Rita Opp Secretary 2 40 X X 0 53905 1617 Kathleen Josephson Secretary 2 40 X X 0 45299 1500 John Krekoska Chairman 5 0 X X 0 0 0 Richard Caporaso Chairman 5 0 X X 0 0 0 Ed Morgan President 2 0 X X 0 0 0 Thomas Canfarotta Treasurer 5 0 X X 0 0 0 Michael Fujii Board member 2 0 X 0 0 0 Jim Tucker Board member 2 0 X 0 0 0 0 99204 3117 0 0 0 0 0 0 0 0 13935 0 100000 0 113935 0 0 0 0 0 68489 0 0 68489 0 0 0 0 0 0 0 0 0 0 1183824 0 1089360 0 94464 0 94464 0 0 94464 0 0 0 0 0 0 276888 0 0 162953 140000 140000 25000 25000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 11000 0 11000 0 0 0 0 0 0 0 19722 19722 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 195722 184722 11000 0 74260 105394 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2776750 3252526 0 0 0 1384 2851010 3359304 0 281538 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 281538 X 0 0 2851010 3077766 2851010 3077766 2851010 3359304 81166 175456 0 0 -29866 0 X X 0 1 X 1 0 X X X 1 Christian Heritage School Inc 060962262 2 1 140000 0 1 140000 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 X 1 1 Schedule A, Part IV, Section D, Line 3 The board of the supported organization has a representative on the board of this foundation. This person serves as the communication link between the two boards. The supported organization has a significant voice selecting the investment fund manager for the investment portfolio and assets. Schedule A, Part IV, Section E, Line 2a The Foundation develops and maintains partnership relationships with corporations and foundations that support and help identify important educational strategies to build strong Christian values in youths. This is consistent with the mission and vision of the supported organization. Schedule A, Part IV, Section E, Line 2b The Foundation exclusively develops plans for hosted activities and events with corporations and foundations to build partnerships. This includes public relationship communications. The Foundation also handles relationship activities for alumni of Christian Heritage School (the supported organization). RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2821146 362133 326507 50000 115000 11000 3333786 3506512 7560 -488556 55000 136370 13000 2821146 2908030 4360 827636 52500 140000 41014 3506512 2981578 5245 129418 25000 176211 7000 2908030 2996268 5300 175010 50000 138000 7000 2981578 0.076 0.558 0.366 0 0 Schedule D, Part V, Line 4 The Foundation manages its endowment funds on behalf of Christian Heritage School (the supported organization) for the benefit of the School, its faculty and students, to promote the educational, religious and charitable activities and functions of the School. The endowment funds include a quasi-endowment fund belonging to the School to provide support for annual property replacement, repair and special maintenance projects of the School. 1 Christian Heritage School Inc 575 White Plains Road Trumbull CT 06611 060962262 140000 0 Cash value To provide the school with funding to support operational and/or capital needs and tuition assistance funding for students with financial need. 1 0 Graduation scholarship award 1 25000 0 Cash value Schedule I, Part I, Line 2 The organization maintains charters for each fund administered on behalf of Christian Heritage School, Inc. Within each charter is guidance as to the amount from each fund to be distributed to the school or to its students. Form 990, Part VI, Section A, Line 7a The supported organization, Christian Heritage School, Inc., has authority to appoint board members of the Foundation. Form 990, Part VI, Section B, Line 11b The completed draft form is provided to the chairman of the board and the board treasurer for their review before filing. The draft form is then sent to the entire board for review. Once all questions are answered, the form is filed. Form 990, Part VI, Section B, Line 12b Board members are required to sign annual conflict of interest statements stating that neither they nor any person with whom they have or have had a business or professional relationship has engaged or intends to engage in any transaction, or to acquire any interest in any organization or entity or to become the recipient of any gift, favor or other benefit that is covered by the Foundation's Conflict of Interest policy. Form 990, Part VI, Section B, Line 12c In addition, the Board self-monitors conflicts of its members between the annual signing of a Conflict of Interest Disclosure Statement that requires members to give prompt written notice of any actual or possible conflicts of interest to the Head of School of Christian Heritage School. The Head of School would then bring the matter to the attention of the Board for further action. Form 990, Part VI, Section B, Line 15 The organization does not compensate any officers or key employees. Therefore, these lines were answered no in accordance with the instructions. Form 990, Part VI, Section C, Line 19 The governing documents, conflict of interest policy, and financial statements are available upon request. Form 990, Part VII, Section A, Line 1a Chairman - Richard Caporaso served from 7/1/2022 to 1/23/2023. John Krekoska served starting on 1/23/2023. Secretary - Rita Opp served from 7/1/2022 to 3/18/2023. Kathy Josephson started serving on 3/18/2023. Form 990, Part XII, Line 1 The Foundation changed its method of accounting for tax purposes from the cash method to the accrual method for tax year 2022. In addition, the Foundation changed its method of valuation of investments in publicly traded securities for tax purposes from cost basis to fair market value for tax year 2022. The net effect of these changes is reported as a prior period adjustment in Form 990, Part XI, Line 8. Christian Heritage School 575 White Plains Road Trumbull CT 06611 060962262 Education CT 501 c 3 Line 2 N/A 0 0 1 1 0 0 0 0 0 1 0 0 1 0 1 0 1 0 0 0