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Nonprofit · EIN 06-1086725

WESTERN CONNECTICUT STATE UNIVERSITY FOUNDATION INC

Tax-exempt · DANBURY, CT 06810

Financials

$2.9M$1.8M2023$6.8M$1.8M2024$5.3M$2M2025
Revenue Expenses · by fiscal year end
Financials of WESTERN CONNECTICUT STATE UNIVERSITY FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2026990$5,347,084$2,042,954$3,304,130$45,307,142$72,106$45,235,036
June 30, 2025990$6,814,025$1,842,561$4,971,464$39,389,531$46,349$39,343,182
June 30, 2024990$2,875,886$1,785,114$1,090,772$32,747,638$54,503$32,693,135
Financial details: 990 for the year ended June 30, 2026

Revenue

Contributions, gifts and grants
$2,452,633
Program service revenue
$0
Investment income
$2,968,716
Net gain from sales of assets
$1,599,240
Net income from fundraising events
-$74,265
Other revenue
-$74,265

Expenses

Grants and similar amounts paid
$1,569,107
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$7,245
Accounting fees
$29,967
Travel
$60,697
Program services (functional)
$1,629,804
Management and general (functional)
$358,436
Fundraising (functional)
$54,714

Balance sheet and other

Total assets, start of year
$39,389,531
Total assets, end of year
$45,307,142
Total liabilities, end of year
$72,106
Net assets, end of year
$45,235,036
Publicly traded securities
$35,903,598
Net assets without donor restrictions
$5,825,605
Net assets with donor restrictions
$39,409,431
Gross receipts
$12,304,721
Employees
0
Volunteers
20
Year formed
1971
State of legal domicile
CT

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2026, highest compensation first.

NameTitleHours / weekCompensation
MARTIN MORGADOCHAIRMAN
Trustee or director, Officer
1$0
ROBERT YAMINVICE CHAIRMAN
Trustee or director, Officer
1$0
ANTHONY CIRONE JRDIRECTOR
Trustee or director
1$0
GREGG CRERARDIRECTOR
Trustee or director
1$0
JOHN FILLYAWDIRECTOR
Trustee or director
1$0
STEPHEN HEGEDUSDIRECTOR
Trustee or director
1$0
JASON HSUDIRECTOR
Trustee or director
1$0
OWEN IBEYDIRECTOR
Trustee or director
1$0
M FAROOQ KATHWARIDIRECTOR
Trustee or director
1$0
AMANDA CASTELLANODIRECTOR
Trustee or director
1$0
MARY JEAN RIZZO-REBEIRODIRECTOR
Trustee or director
1$0
THAMER RUSHAIDATDIRECTOR
Trustee or director
1$0
RONALD THOMASDIRECTOR
Trustee or director
1$0
DANE UNGERDIRECTOR
Trustee or director
1$0
MARIA VEILLEUXDIRECTOR
Trustee or director
1$0
6 more people on this return
NameTitleHours / weekCompensation
FAYE WALTONDIRECTOR
Trustee or director
1$0
DAVID ZAVARELLIDIRECTOR
Trustee or director
1$0
NELSON MERCHANDIRECTOR
Trustee or director
1$0
JESSICA SCHOFIELDDIRECTOR
Trustee or director
1$0
ANTHONY GIOBBISECRETARY/TREASURER
Trustee or director, Officer
1$0
JESSE BERNALDIRECTOR
Trustee or director
1$0
990 for the year ended June 30, 2025: 21 people
NameTitleHours / weekCompensation
MARTIN MORGADOCHAIRMAN
Trustee or director, Officer
1$0
ROBERT YAMINVICE CHAIRMAN
Trustee or director, Officer
1$0
ANTHONY CIRONE JRDIRECTOR
Trustee or director
1$0
GREGG CRERARDIRECTOR
Trustee or director
1$0
JOHN FILLYAWDIRECTOR
Trustee or director
1$0
STEPHEN HEGEDUSDIRECTOR
Trustee or director
1$0
JASON HSUDIRECTOR
Trustee or director
1$0
OWEN IBEYDIRECTOR
Trustee or director
1$0
M FAROOQ KATHWARIDIRECTOR
Trustee or director
1$0
CHIN OKWUKADIRECTOR
Trustee or director
1$0
MARY JEAN RIZZO-REBEIRODIRECTOR
Trustee or director
1$0
THAMER RUSHAIDATDIRECTOR
Trustee or director
1$0
RONALD THOMASDIRECTOR
Trustee or director
1$0
DANE UNGERDIRECTOR
Trustee or director
1$0
MARIA VEILLEUXDIRECTOR
Trustee or director
1$0
FAYE WALTONDIRECTOR
Trustee or director
1$0
DAVID ZAVARELLIDIRECTOR
Trustee or director
1$0
NELSON MERCHANDIRECTOR
Trustee or director
1$0
JESSICA SCHOFIELDDIRECTOR
Trustee or director
1$0
ANTHONY GIOBBISECRETARY/TREASURER
Trustee or director, Officer
1$0
JESSE BERNALDIRECTOR
Trustee or director
1$0
990 for the year ended June 30, 2024: 24 people
NameTitleHours / weekCompensationFrom related orgs
LYNNE LEBARRONDIRECTOR
Trustee or director
1$0$304,943
PAUL BERANFORMER DIRECTOR
Former
1$0$304,229
BEATRICE FEVRYFORMER DIRECTOR
Former
1$0$267,898
MITCH WAGENERDIRECTOR
Trustee or director
1$0$190,451
MANOHAR SINGHDIRECTOR
Trustee or director
1$0$159,173
MARIA VEILLEUXDIRECTOR
Trustee or director
1$0$141,009
GREGG CRERARDIRECTOR
Trustee or director
1$0$59,871
MARTIN MORGADOCHAIRMAN
Trustee or director, Officer
1$0$0
ROBERT YAMINVICE CHAIRMAN
Trustee or director, Officer
1$0$0
ANTHONY CIRONE JRSECRETARY/TREASURER
Trustee or director, Officer
1$0$0
JOHN FILLYAWDIRECTOR
Trustee or director
1$0$0
SORREEA GAGNEBINDIRECTOR
Trustee or director
1$0$0
ANTHONY GIOBBICHAIR OF FINANCE
Trustee or director
1$0$0
STEPHEN HEGEDUSDIRECTOR
Trustee or director
1$0$0
JASON HSUDIRECTOR
Trustee or director
1$0$0
M FAROOQ KATHWARIDIRECTOR
Trustee or director
1$0$0
KATHLEEN KUBERKACO-CHAIR OF GOVERNANCE
Trustee or director
1$0$0
RAYMOND LUBUSDIRECTOR
Trustee or director
1$0$0
NELSON MERCHANDIRECTOR
Trustee or director
1$0$0
CHIN OKWUKADIRECTOR
Trustee or director
1$0$0
MARY JEAN RIZZO-REBEIRODIRECTOR
Trustee or director
1$0$0
THAMER RUSHAIDATDIRECTOR
Trustee or director
1$0$0
DANE UNGERDIRECTOR
Trustee or director
1$0$0
FAYE WALTONDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
181 WHITE ST, DANBURY, CT 06810-6826
Principal officer (990 for 2025)
ANTHONY GIOBBI, 181 WHITE ST, DANBURY, CT 06810
Signed the 990
ANTHONY GIOBBI, SECRETARY/TREASURER
Phone
(203) 837-9820
Return prepared by
FIORITA KORNHAAS & COMPANY PC

Mission

THE WCSU FOUNDATION, INC. OPERATES EXCLUSIVELY TO SOLICIT ALL FORMS OF DONATIONS AND DISBURSES SUCH FUNDS TO AID, SUPPLEMENT, IMPROVE AND ENLARGE THE EDUCATIONAL, CULTURAL AND RESEARCH FACILITIES AND ACTIVITIES OF WESTERN CONNECTICUT STATE UNIVERSITY.

990 for the year ended June 30, 2026

Program accomplishments

  • PROVIDED SUPPORT TO THE WESTERN CONNECTICUT STATE UNIVERSITY.
    Expenses $1,629,804 · grants $1,569,108

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026990 on file
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
06-1086725
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1972
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B110)
Assets (IRS master file)
$45,307,142
Income (IRS master file)
$12,304,721

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2026$5,347,084$2,042,954$45,307,142XML
990June 2025$6,814,025$1,842,561$39,389,531XML
990June 2024$2,875,886$1,785,114$32,747,638XML
990June 2023$2,146,058$1,439,689$29,087,246IRS
990June 2022–––IRS
990June 2021–––IRS
990June 2019–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 06-1086725).

Questions about WESTERN CONNECTICUT STATE UNIVERSITY FOUNDATION INC

What is the EIN of WESTERN CONNECTICUT STATE UNIVERSITY FOUNDATION INC?
The employer identification number (EIN) of WESTERN CONNECTICUT STATE UNIVERSITY FOUNDATION INC is 06-1086725.
Is WESTERN CONNECTICUT STATE UNIVERSITY FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1972.
Are donations to WESTERN CONNECTICUT STATE UNIVERSITY FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does WESTERN CONNECTICUT STATE UNIVERSITY FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of WESTERN CONNECTICUT STATE UNIVERSITY FOUNDATION INC due?
The return for tax year 2026 (the year ending June 30, 2027) is due November 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did WESTERN CONNECTICUT STATE UNIVERSITY FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2026.
Who is the principal officer of WESTERN CONNECTICUT STATE UNIVERSITY FOUNDATION INC?
The 990 for the year ended June 30, 2026 names ANTHONY GIOBBI.
Who are the officers and directors of WESTERN CONNECTICUT STATE UNIVERSITY FOUNDATION INC?
The 990 for the year ended June 30, 2026 lists 21 people; 0 received compensation from the organization.
How much revenue does WESTERN CONNECTICUT STATE UNIVERSITY FOUNDATION INC have?
On its 990 for the year ended June 30, 2026 it reported revenue of $5,347,084, expenses of $2,042,954 and total assets of $45,307,142 at year end.

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