2024-09-15T07:22:33-00:00 2023-12-31 461036695 SOLAKIAN & COMPANY LLC 580 JOHNS PASS AVENUE MADEIRA BEACH FL 33708 990 2023-02-01 510137132 THE GUILFORD FOUNDATION INC % ELIZABETH PETRA GUIL 2036404049 PO Box 35 GUILFORD CT 06437 JOHN HYMAN TREASURER 2036404049 2024-09-15 true true MICHAEL SOLAKIAN P01260810 2032156541 2024-09-15 2023 2024-08-08 14:25:15Z X JOHN HYMAN PO Box 35 GUILFORD CT 06437 1108399 false X WWW.GUILFORDFOUNDATION.ORG X 1975 CT TO ENRICH THE QUALITY OF LIFE IN OUR COMMUNITY BY CONNECTING PEOPLE WHO CARE WITH CAUSES THAT MATTER, NOW AND FOR GENERATIONS TO COME. 15 15 3 0 812473 940236 23773 195506 144390 137 0 1008116 1108399 239998 831836 0 80507 85238 0 67934 133921 212313 454426 1129387 553690 -20988 6313062 6584711 500 10627 6312562 6574084 TO ENRICH THE QUALITY OF LIFE IN OUR COMMUNITY BY CONNECTING PEOPLE WHO CARE WITH CAUSES THAT MATTER, NOW AND FOR GENERATIONS TO COME. false false 887184 831836 WE PROVIDE GRANTS TO SUPPORT THE QUALITY OF LIFE IN GUILFORD, CT INCLUDING BASIC NEEDS, ARTS CULTURE, THE ENVIRONMENT, YOUTH, SENIORS, HUMAN SERVICES. GRANTS, AND SCHOLARSHIPS AND PRIZES TO SUPPORT GUILFORD STUDENTS WHO ARE PURSUING POST-SECONDARY EDUCATION. 887184 true true false false false true false false false false true true false false true true true false false false false false false false false false false true false false false false false false false false false false false false false false false false false false false false false false true 9 0 true 3 true false false false false false false false false false false false false X 15 15 false false false false false false false true true false false true true true true true true true false false CT X X LIZA PETRA 2036404049 PO BOX 35 GUILFORD CT 06437 X PETRA ELIZABETH EXECUTIVE DIRECTOR 040.00 X 43055 0 0 BLANTON SARAH DIRECTOR 001.00 X 0 0 0 ERRANTE VOTTO STACY DIRECTOR 001.00 X 0 0 0 FAN LINDA DIRECTOR 001.00 X 0 0 0 FERNANDEZ ASHLEY SECRETARY 005.00 X X 0 0 0 GRIBBLE BETSY DIRECTOR 001.00 X 0 0 0 HEGEDUS STEPHEN J DIRECTOR 001.00 X 0 0 0 HODGSON CHRIS DIRECTOR 001.00 X 0 0 0 HYMAN JOHN TREASURER 005.00 X X 0 0 0 LITTLE BROWN STEPHANIE DIRECTOR 001.00 X 0 0 0 MEYERS JUDITH DIRECTOR 001.00 X 0 0 0 MOFFETT MAGGIE DIRECTOR 001.00 X 0 0 0 RICE JEFFREY DIRECTOR 001.00 X 0 0 0 SULPASSO ALEXANDER VICE CHAIR 005.00 X X 0 0 0 VANDERWIEDE KRISTIN DIRECTOR 001.00 X 0 0 0 WEBER LINDA CHAIR 005.00 X X 0 0 0 43055 false false false 500000 440236 940236 OTHER INCOME AND OPERATING FEES 900099 23773 23773 23773 144390 144390 1108399 23773 144390 831836 831836 0 0 0 43055 14351 14352 14352 0 34982 11661 11661 11660 0 0 7201 2400 2401 2400 0 0 5940 1980 1980 1980 0 88886 88886 36993 36993 21317 21317 18631 12030 3301 3300 19217 6406 6405 6406 0 0 1768 1768 0 0 0 0 0 4716 1572 1572 1572 PRINTING AND PUBLICATIONS 11081 3694 3694 3693 SUPPLIES 1999 666 667 666 POSTAGE 1765 588 589 588 0 1129387 887184 174269 67934 157331 143983 2814 972 8380 9565 2410 2410 6144537 6430191 6313062 6584711 500 10627 500 10627 X 6312562 6574084 6312562 6574084 6313062 6584711 -20988 282510 X X false true X true false X 569991 1641809 924457 812473 440236 4388966 569991 1641809 924457 812473 440236 4388966 1626018 2762948 67598 204872 261215 195506 144390 873581 687 137 23773 24597 5287144 0.52260 0.52020 X Part II Section B Line 10 VARIOUS OTHER INCOME AND FEES RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 29 30 32458 407778 20040 255554 2094264 2253834 true true false 2410 2410 Financial derivatives and other financial products Closely-held equity interests ASSETS HELD BY GREATER NEW HAVEN 6430191 F COMMUNITY FOUNDATION F 6430191 Federal income taxes X 1302023 282510 282510 1019513 88886 88886 1108399 1040501 1040501 88886 88886 1129387 X 2 The Organization has adopted the provisions of FASB ASC 740-10 Accounting for Uncertainty in Income Taxes and as a result has not recognized any liability for uncertain tax positions. true APK CHARITIES CORP PO BOX 1247 MADISON CT 06443 465456912 501C3 35000 SUPPORT MISSION OF ORGANIZATION GUILFORD ART CENTER 411 CHURCH ST GUILFORD CT 06437 066089567 501C3 82500 SUPPORT MISSION OF ORGANIZATION GUILFORD AGRICULTURAL SOCIETY PO BOX 290 GUILFORD CT 06437 060913331 501C3 42200 SUPPORT MISSION OF ORGANIZATION CLIFFORD W BEERS GUIDANCE CLINIC 93 EDWARD ST NEW HAVEN CT 06511 060646757 501C3 7500 SUPPORT MISSION OF ORGANIZATION GUILFORD HIGH SCHOOL 605 NEW ENGLAND RD GUILFORD CT 06437 066034298 170C1 55675 SUPPORT MISSION OF ORGANIZATION COMMUNITY DINING ROOM 30 HARRISON AVE BRANFORD CT 06405 223037133 501C3 35000 SUPPORT MISSION OF ORGANIZATION GUILFORD ABAR 280 SOUTH UNION ST GUILFORD CT 06437 455378100 501C3 10000 SUPPORT MISSION OF ORGANIZATION GUILFORD PERFORMING ARTS PO BOX 345 GUILFORD CT 06437 824673514 501C3 55000 SUPPORT MISSION OF ORGANIZATION GUILFORD CENTER FOR CHILDREN 47 STONE HOUSE LANE GUILFORD CT 06437 060876677 501C3 35000 SUPPORT MISSION OF ORGANIZATION FAULKNERS LIGHT BRIGADE PO BOX 444 GUILFORD CT 06437 205313638 501C3 26000 SUPPORT MISSION OF ORGANIZATION DOROTHY WHITFIELD HISTORICAL SOCIETY PO BOX 229 GUILFORD CT 06437 066046400 501C3 26000 SUPPORT MISSION OF ORGANIZATION BHCARE INC 127 WASHINGTON AVE NORTH HAVEN CT 06473 222598799 501C3 30000 SUPPORT MISSION OF ORGANIZATION GUILFORD COMMUNITY TV 725 BOSTON POST RD GUILFORD CT 06437 061349846 501C3 37000 SUPPORT MISSION OF ORGANIZATION COMMUNITY NURSERY SCHOOL 262 SACHEMS HEAD RD GUILFORD CT 06437 060709287 501C3 52000 SUPPORT MISSION OF ORGANIZATION GUILFORD FUND FOR EDUCATION 800 VILLAGE WALK GUILFORD CT 06437 208879908 501C3 55000 SUPPORT MISSION OF ORGANIZATION GUILFORD KEEPING SOCIETY PO BOX 363 GUILFORD CT 06437 237266545 501C3 26000 SUPPORT MISSION OF ORGANIZATION WOMEN & FAMILY LIFE CENTER 96 FAIR ST GUILFORD CT 06437 223093815 501C3 19200 17 Part I Line 2 THE GUILFORD FOUNDATION SUPPORTS OTHER NOT-FOR-PROFIT ORGANIZATIONS AND LOCAL GOVERNMENT BRANCHES. VARIOUS COMMITTEES REVIEW ALL REQUESTS FOR GRANTS AND GIFTS PRIOR TO THEIR RECOMMENDATION. ALL RECOMMENDED GRANTS AND GIFTS ARE APPROVED BY A VOTE OF THE BOARD OF DIRECTORS. BECAUSE ALL GRANTS ARE LOCAL, COMMITTEE MEMBERS AND DIRECTORS CAN EFFECTIVELY MONITOR THE USE OF THESE GRANTS BY OBSERVATION AND INQUIRY OF REPORTS FROM THOSE REQUESTING THEM. THE BOARD ASKS RECIPIENT ORGANIZATIONS TO REPORT ON ITS USE OF FUNDS. THESE ARE MONITORED BY THE GRANTS COMMITTEE AND EXECUTIVE DIRECTOR. Form 990, Part VI, Section B, Line 11B A COPY OF THE FORM 990 IS DISTRIBUTED TO EACH BOARD MEMBER FOR THEIR REVIEW BEFORE FILING OF THE FORM. Form 990, Part VI, Section B, Line 12C EACH MEMBER OF THE FOUNDATION SIGNS THE CONFLICT OF INTEREST POLICY ANNUALLY. ANY POSSIBLE CONFLICTS ARE BROUGHT TO THE BOARDS ATTENTION. Form 990, Part VI, Section B, Line 15A COMPENSATION IS BASED ON JOB DUTIES AND WORK PERFORMANCE. THE AMOUNT OF COMPENSATION IS REVIEWED AND APPROVED BY THE BOARD. Form 990, Part VI, Section C, Line 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. Form 990, Part VII, Section A, Line 1A EXECUTIVE DIRECTORS COMPENSATION IS SPLIT BETWEEN THE GUILFORD FOUNDATION AND THE BRANFORD COMMUNITY FOUNDATION, AN UNRELATED PARTY, VIA A SHARED EXPENSE ARRANGEMENT. EXECUTIVE DIRECTORS W-2 REPORTED TO THE IRS BY THE GUILFORD FOUNDATION SHOWS THE TOTAL COMPENSATION RECEIVED FROM BOTH FOUNDATIONS. THE GUILFORD FOUNDATION REPORTS HALF OF THE EXECUTIVE DIRECTORS COMPENSATION ON THEIR FUNCTIONAL EXPENSE SCHEDULE IN PART IX. THIS IS CONSISTENT WITH THE SHARED EXPENSE ARRANGEMENT. Form 990, Part XII, Line 2C THE ORGANIZATIONS BOARD OF DIRECTORS OVERSEES THE AUDITED FINANCIAL STATEMENTS AND IS IN CHARGE OF SELECTING THE INDEPENDENT ACCOUNTING FIRM TO PERFORM SUCH SERVICES. Form 990, Part I, Section PAGE 1, Line A IN ACCORDANCE WITH REV PROCEDURES 85-58 THE ORGANIZATION CHANGED ITS REPORTING PERIOD TO THE PERIOD ENDING DECEMBER 31, 2023. CONSEQUENTLY, THIS FORM 990 COVERS THE PERIOD FEBRUARY 1, 2023 THROUGH DECEMBER 31, 2023.