2025-03-13T15:35:29-05:00 2024-06-30 410746749 CLIFTONLARSONALLEN 29 SOUTH MAIN STREET 4TH FLOOR WEST HARTFORD CT 06107 990 2023-07-01 222678033 NFA FOUNDATION INC NFAF 8608872505 321 BROADWAY NORWICH CT 063603547 KATHLEEN MCCARTHY EXECUTIVE DIRECTOR 8608872505 2025-03-12 1 0 MELANIE BALLESTAS P01320477 8605614000 2025-03-10 2023 2025-03-06 01:10:19Z KATHLEEN MCCARTHY 321 BROADWAY NORWICH CT 06360 26919391 0 X WWW.NFAFOUNDATION.ORG X 1986 CT TO SOLICIT AND RECEIVE CONTRIBUTIONS FOR THE NORWICH FREE ACADEMY. 12 12 7 20 0 0 900173 2335300 40092 15293 2787925 3148443 2041 8173 3730231 5507209 2634315 2840367 0 0 621714 514134 0 0 253682 575238 515796 3831267 3870297 -101036 1636912 80177189 85767761 4355404 4301012 75821785 81466749 X THE NFA FOUNDATION ADVANCES OPPORTUNITIES AT NORWICH FREE ACADEMY BY SOLICITING, ACCEPTING, AND PRUDENTLY MANAGING DONATED AND ENDOWED FUNDS. THE FOUNDATION ACTIVELY BUILDS AWARENESS, ENGAGES ALUMNI, NURTURES RELATIONSHIPS, AND DEVELOPS PARTNERSHIPS TO BENEFIT THE ACADEMY'S STUDENTS, FACULTY, AND STAFF. 0 0 3282619 2840367 15293 THE FOUNDATION PRIMARILY SOLICITS AND RECEIVES CONTRIBUTIONS, GRANTS, AND BEQUESTS FOR THE NORWICH FREE ACADEMY (NFA). THE FOUNDATION ALSO HELD FIVE REUNION EVENTS IN 2024. THIS PROVIDED OPPORTUNITIES FOR ALUMNI IN BOSTON AND TWO LOCATIONS IN FLORIDA TO CONNECT WITH FELLOW NFA ALUMNI RESIDING IN THEIR CITIES. ADDITIONALLY, TWO REUNIONS WERE HELD FOR MEMBERS OF THE CLASSES OF 1965-1972 AS THE RED & WHITE REUNION AND 1940-1964 AS THE JUBILEE REUNION. 3282619 1 1 0 0 0 0 0 1 0 1 0 1 0 0 1 0 0 1 0 0 1 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 1 7 0 1 7 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 1 1 0 1 0 0 0 1 1 1 1 1 1 0 0 0 AK CA CO CT FL IL KY MD MA MI MN MS NV NH NJ NM NY NC ND OH OR PA SC WI WA X SHARON LENT 8604255530 305 BROADWAY NORWICH CT 06360 MARK TRAMONTOZZI PRESIDENT AND DIRECTOR 2.00 2.00 X X 0 0 0 DIANA BOISCLAIR VICE PRESIDENT AND DIRECTOR 2.00 2.00 X X 0 0 0 CHERYL RITACCO SECRETARY AND DIRECTOR 2.00 0.00 X X 0 0 0 MARK D WOODS TREASURER AND DIRECTOR 2.00 0.00 X X 0 0 0 ALLYN L BROWN III DIRECTOR 1.00 2.00 X 0 0 0 THOMAS HAMMOND DIRECTOR 1.00 0.00 X 0 0 0 DEVOL S JOYNER DIRECTOR 1.00 2.00 X 0 0 0 MARIA MIRNADA DIRECTOR 1.00 2.00 X 0 0 0 TODD POSTLER DIRECTOR 1.00 2.00 X 0 0 0 B MICHAEL RAUH JR DIRECTOR 1.00 0.00 X 0 0 0 DANIEL KING DIRECTOR 1.00 0.00 X 0 0 0 DENISE LINDELL DIRECTOR 1.00 2.00 X 0 0 0 GARY CARIGNAN DIRECTOR (UNTIL 11/23) 1.00 0.00 X 0 0 0 KEITH FONTAINE DIRECTOR (UNTIL 11/23) 1.00 2.00 X 0 0 0 SARETTE B WILLIAMS DIRECTOR (UNTIL 11/23) 1.00 0.00 X 0 0 0 KATHLEEN MCCARTHY EXECUTIVE DIRECTOR 40.00 0.00 X 125843 0 54508 RICHARD FREEMAN DIRECTOR OF FINANCE 5.00 35.00 X 0 158502 40464 125843 158502 94972 1 0 1 0 0 2335300 18590 2335300 ALUMNI ENGAGEMENT 900099 15293 15293 15293 2464945 2464945 22083933 21400435 683498 683498 683498 19095 11747 7348 7348 MISCELLANEOUS REVENUE 900099 825 825 825 5507209 15293 0 3156616 2018805 2018805 821562 821562 177797 53339 62229 62229 243738 73122 85308 85308 35933 10779 12577 12577 28162 8448 9857 9857 28504 8552 9976 9976 11187 11187 47225 47225 58712 58712 65185 28376 36809 205 147 29 29 33402 10020 11691 11691 74200 64260 4970 4970 6359 4569 895 895 STUDENT ACTIVITIES 32253 32253 EQUIPMENT 24879 24879 TEXTBOOKS AND SUPPLIES 20435 20435 REPAIRS AND MAINTENANCE 4355 4355 137399 98718 19340 19341 3870297 3282619 333996 253682 1462097 1459595 10500 89500 63458808 70727129 15245784 13491537 80177189 85767761 28401 20990 4327003 4280022 4355404 4301012 X 22290711 23879359 53531074 57587390 75821785 81466749 80177189 85767761 1636912 4008052 0 X 1 X 1 X 1 0 X 840281 2374201 2201184 900173 2335300 8651139 840281 2374201 2201184 900173 2335300 8651139 2906670 5744469 2427656 1378384 1931601 1820501 2464945 10023087 19125 19920 39045 18713271 55385 0.30700 0.29530 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: GROSS INCOME FROM FUNDRAISING - 2022 AMOUNT: $ 19,125. 2023 AMOUNT: $ 19,095. OTHER INCOM - 2023 AMOUNT: $ 825. PART II, SECTION C, LINE 17A, FACTS AND CIRCUMSTANCES TEST: NFA FOUNDATION, INC. IS A 501 (C) (3) ORGANIZATION THAT ANNUALLY RECEIVES SUPPORT FROM THE GENERAL PUBLIC. NFA FOUNDATION ACTIVELY SOLICITS NEW AND RECURRING ANNUAL, MAJOR, AND CAPITAL SUPPORT OF PRIORITIES ESTABLISHED BY THE BOARD OF DIRECTORS. EFFORTS INCLUDE DIRECT RESPONSE AND PERSONAL SOLICITATIONS. THE FOUNDATION EMPLOYS ONE FTE WHOSE SOLE FOCUS IS TO CULTIVATE, SOLICIT AND STEWARD INDIVIDUAL SUPPORT FROM ALUMNI AND FRIENDS OF NORWICH FREE ACADEMY. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 77213016 1706098 7091911 800558 2465216 82745251 73851801 633618 5826347 465261 2633489 77213016 85275769 2634860 -8245882 400000 5412946 73851801 71179750 1976038 20657191 295213 8241997 85275769 71976714 585484 1186650 425519 2143579 71179750 0.33905 0.66095 0.00000 0 0 0 IRREVOCABLE TRUST 401703 F HEDGE FUND 8422537 F REAL ESTATE INVESTMENT TRUST 4667297 F 13491537 DUE TO AFFILIATE 4280022 4280022 PART III, LINE 1A: THE CORPORATION OWNS A MUSEUM WITH COLLECTIONS OF PAINTINGS, CASTS, STATUARY, ARTIFACTS AND VARIOUS OTHER ITEMS. COLLECTION ITEMS ACQUIRED EITHER THROUGH PURCHASE OR DONATION ARE NOT CAPITALIZED. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN NET ASSETS WITHOUT DONOR RESTRICTIONS IF PURCHASED WITH ASSETS WITHOUT DONOR RESTRICTIONS AND AS DECREASES IN NET ASSETS WITH DONOR RESTRICTIONS IF PURCHASED WITH DONOR-RESTRICTED ASSETS. CONTRIBUTIONS OF COLLECTION ITEMS ARE NOT RECOGNIZED IN THE STATEMENT OF ACTIVITIES. PROCEEDS FROM DE-ACCESSIONS OR INSURANCE RECOVERIES ARE REFLECTED ON THE CONSOLIDATED STATEMENT OF ACTIVITIES BASED ON THE ABSENCE OR EXISTENCE AND NATURE OF DONOR-IMPOSED RESTRICTIONS. PART III, LINE 4: THE MUSEUM DISPLAYS AND INTERPRETS THE BEST EXAMPLES OF FINE AND DECORATIVE ART, REPRESENTING A BROAD RANGE OF WORLD CULTURES OF THE AMERICAS, ASIA, EUROPE, AND AFRICA. THE COLLECTIONS INCLUDE 18TH-20TH CENTURY AMERICAN PAINTINGS AND DECORATIVE ARTS, 17TH-19TH CENTURY EUROPEAN PAINTINGS AND DECORATIVE ARTS, AFRICAN AND OCEANIC SCULPTURES, NATIVE AMERICAN OBJECTS, AND A PLASTER CASTE COLLECTION OF EGYPTIAN, ARCHAIC, GREEK, ROMAN AND RENAISSANCE SCULPTURE. PART V, LINE 4: THE ENDOWMENT IS USED FOR STUDENT SCHOLARSHIPS AS WELL AS FOR SUPPORT OF PROGRAMS, A MUSEUM AND FACILITIES. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 8422537 0 0 0 0 0 0 8422537 0 8422537 0 0 0 0 0 0 GOLF TOURNAMENT 19095 19095 11747 19095 19095 11747 11747 7348 1 NORWICH FREE ACADEMY 305 BROADWAY NORWICH CT 06360 060762783 501(C)(3) 2018805 0 CHARITABLE 1 0 SCHOLARSHIP AWARDS FOR COLLEGE 273 821562 PART I, LINE 2: CHECKS ARE EITHER MADE OUT DIRECTLY TO THE STUDENT OR THE COLLEGE, DEPENDING UPON THE SPECIFICS OF DONOR INTENT. ALL SCHOLARSHIPS ARE AWARDED BY FOLLOWING THE GUIDELINES ESTABLISHED BY THE DONOR, IN AN OBJECTIVE AND NONDISCRIMINATORY MANNER. X 0 0 0 0 0 0 0 0 0 RICHARD FREEMAN DIRECTOR OF FINANCE 0 143394 0 15000 0 108 0 0 0 40464 0 198966 0 0 KATHLEEN MCCARTHY EXECUTIVE DIRECTOR 125843 0 0 0 0 0 5448 0 49060 0 180351 0 0 0 X 1 7500 APPRAISAL 1 1 1 0 PART I, COLUMN (B): THE AMOUNT IN COLUMN B REPRESENTS THE NUMBER OF ITEMS CONTRIBUTED. FORM 990, PART VI, SECTION A, LINE 6 THE NORWICH FREE ACADEMY IS THE SOLE MEMBER. FORM 990, PART VI, SECTION A, LINE 7A THE NORWICH FREE ACADEMY SHALL HAVE THE RIGHT TO ELECT THE BOARD OF DIRECTORS OF THE CORPORATION, TO REMOVE ANY MEMBER AT ANY TIME REGARDLESS OF TERM FOR WHICH SUCH MEMBER MAY HAVE BEEN ELECTED, TO VOTE UPON ALL MATTERS ON WHICH MEMBERS ARE ENTITLED TO VOTE UNDER THE NONSTOCK CORPORATIONS ACT OF THE STATE OF CONNECTICUT, AND TO ACT ON ANY OTHER MATTERS ON WHICH ARE REQUIRED OR PERMITTED PER THE BYLAWS. FORM 990, PART VI, SECTION A, LINE 8B THE FOUNDATION HAS NO OTHER COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY MANAGEMENT, DISTRIBUTED TO THE BOARD MEMBERS FOR REVIEW, AND DISCUSSED AT A BOARD MEETING PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH BOARD MEMBER, OFFICER, AND KEY EMPLOYEE RECEIVES THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS. THEY ARE REQUIRED TO SIGN AN ACKNOWLEDGEMENT THAT THEY UNDERSTAND AND HAVE COMPLIED. THE CONFLICT OF INTEREST POLICY IS MONITORED BY ALL NORWICH FREE ACADEMY SENIOR LEADERSHIP AND ENFORCED THROUGH THE HUMAN RESOURCES OFFICE WITH ASSISTANCE FROM THE FINANCE OFFICE. AT THE BOARD LEVEL, PER THE POLICY, ALL BOARD MEMBERS ARE REQUIRED TO SUBMIT YEARLY TESTIMONIALS AFFIRMING THEY UNDERSTAND THE POLICY AND HAVE NO CONFLICTS. IF THEY WERE FOUND TO HAVE BEEN NOT TRUTHFUL THEY WOULD BE SUBJECT TO CENSURE AND REMOVAL FROM THE BOARD IF APPLICABLE AND AS DETERMINED BY THE BOARD AND SENIOR LEADERSHIP. ALL NFA EMPLOYEES ARE SUBJECT TO THE POLICY AS WELL, ANY SUSPICIONS OF FINANCIAL OR OTHER CONFLICTS ARE TO BE REPORTED TO THE HUMAN RESOURCES OFFICE IMMEDIATELY. AFTER INVESTIGATION, EMPLOYEES WHO ARE FOUND TO HAVE VIOLATED THE POLICY ARE SUBJECT TO DISCIPLINARY ACTION UP TO AND INCLUDING TERMINATION. ADDITIONALLY, ANY FUNDS INVOLVED IN SUCH AN INVESTIGATION WILL BE FROZEN BY THE FINANCE OFFICE AND PURCHASE ORDERS OR CHECKS RELATED TO THE FUNDS SHALL NOT BE ISSUED UNTIL THE INVESTIGATION CONCLUDES. ALL EMPLOYEES AND MEMBERS OF THE COMMUNITY ARE REMINDED TO BE KEPT UP TO DATE ON SCHOOL POLICIES EVERY YEAR. THIS POLICY IS HIGHLIGHTED IN PARTICULAR. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION OF THE EXECUTIVE DIRECTOR IS APPROVED BY THE BOARD OF DIRECTORS. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2024. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE AVAILABLE THROUGH THE SECRETARY OF THE STATE OFFICE. POLICIES CAN BE MADE AVAILABLE TO ANYONE REQUESTING THEM. FORM 990 IS AVAILABLE TO THE PUBLIC UPON SPECIFIC REQUEST OR THROUGH GUIDESTAR.ORG. THE NORWICH FREE ACADEMY 305 BROADWAY NORWICH CT 06360 060762783 TO PROVIDE SECONDARY EDUCATION FOR THE CITY OF NORWICH AND SURROUNDING TOWNS CT 501(C)(3) 2 0 0 1 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0