Nonprofit · EIN 06-6032106
COMMUNITY FOUNDATION FOR GREATER NEW HAVEN
Tax-exempt · NEW HAVEN, CT 06510
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $55,709,123 | $43,280,021 | $12,429,102 | $627,372,618 | $161,837,730 | $465,534,888 |
| December 31, 2023 | 990 | $55,299,428 | $44,909,487 | $10,389,941 | $712,043,213 | $273,606,311 | $438,436,902 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $31,869,899
- of which government grants
- $4,814,069
- Program service revenue
- $0
- Investment income
- $23,838,091
- Net gain from sales of assets
- $17,764,946
- Other revenue
- $1,133
Expenses
- Grants and similar amounts paid
- $23,526,591
- Compensation of officers, directors and key employees
- $1,429,661
- Other salaries and wages
- $5,694,319
- Salaries, compensation and benefits (total)
- $9,004,779
- Professional fundraising fees
- $0
- Legal fees
- $194,178
- Accounting fees
- $52,125
- Occupancy
- $322,534
- Travel
- $14,333
- Depreciation
- $24,629
- Program services (functional)
- $32,815,338
- Management and general (functional)
- $9,101,810
- Fundraising (functional)
- $1,362,873
Balance sheet and other
- Total assets, start of year
- $712,043,213
- Total assets, end of year
- $627,372,618
- Total liabilities, end of year
- $161,837,730
- Net assets, end of year
- $465,534,888
- Land, buildings and equipment
- $249,978
- Publicly traded securities
- $334,479,905
- Net assets without donor restrictions
- $463,679,614
- Net assets with donor restrictions
- $1,855,274
- Gross unrelated business income
- $266,583
- Gross receipts
- $287,456,665
- Employees
- 54
- Volunteers
- 172
- Year formed
- 1928
- 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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| WILLIAM W GINSBERG | PRESIDENT & CEO (LEFT 11/2024) Officer | 40 | $557,085 | $79,563 |
| ANDREW F ALDEN | CHIEF INVESTMENT OFFICER Officer | 40 | $401,006 | $62,612 |
| CHRISTINA CIOCIOLA | SR. VP FOR GRANT MAKING Highest-paid employee | 37.5 | $301,311 | $26,106 |
| DOROTHY WESTON-MURPHY | SR. VP FOR DEVELOPMENT Highest-paid employee | 37.5 | $264,257 | $32,851 |
| LEON BAILEY | SR. VP FOR ORGANIZATIONAL Highest-paid employee | 37.5 | $262,256 | $31,893 |
| WENDY GAMBA | CHIEF FINANCIAL OFFICER Officer | 37.5 | $229,925 | $38,955 |
| CHRISTOPHER KOLER | MANAGING DIRECTOR, INVESTMENTS Highest-paid employee | 37.5 | $201,891 | $17,660 |
| YOLANDA CALDERA-DURANT | VP FOR PROGRAM & COMMUNITY ENGAGEMENT Highest-paid employee | 37.5 | $180,220 | $35,357 |
| KAREN DUBOIS-WALTON | PRESIDENT & CEO (START 11/2024) Officer | 40 | $54,543 | $5,975 |
| MICHAEL MORAND | DIRECTOR (FROM 1/2024) Trustee or director | 1 | $0 | $0 |
| GREG PEPE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| FERNANDO J MUNIZ | VICE-CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| EMILY WANG | DIRECTOR (FROM 1/2024) Trustee or director | 1 | $0 | $0 |
| MARCELLA NUNEZ-SMITH | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| TERRY JONES | DIRECTOR Trustee or director | 1 | $0 | $0 |
8 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| VALARIE SHULTZ WILSON | DIRECTOR Trustee or director | 1 | $0 |
| ENOLA AIRD | DIRECTOR Trustee or director | 1 | $0 |
| VLAD CORIC | DIRECTOR Trustee or director | 1 | $0 |
| KEITH CHURCHWELL | DIRECTOR Trustee or director | 1 | $0 |
| HEATHER TOOKES ALEXOPOULOS | DIRECTOR Trustee or director | 1 | $0 |
| KEYBANK NATIONAL ASSOCIATION | TRUSTEE COMMITTEE Institutional trustee | 1 | $0 |
| WELLS FARGO BANK NA | TRUSTEE COMMITTEE Institutional trustee | 1 | $0 |
| BANK OF AMERICA MERRILL LYNCH | TRUSTEE COMMITTEE Institutional trustee | 1 | $0 |
990 for the year ended December 31, 2023: 21 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| WILLIAM W GINSBERG | PRESIDENT & CEO Officer | 40 | $488,775 | $83,687 |
| ANDREW F ALDEN | CHIEF INVESTMENT OFFICER Highest-paid employee | 40 | $381,237 | $49,327 |
| ANGELA POWERS | SR. VP FOR OPERATIONS Highest-paid employee | 37.5 | $344,065 | $43,579 |
| DOROTHY WESTON-MURPHY | SR. VP FOR DEVELOPMENT Highest-paid employee | 37.5 | $252,430 | $30,205 |
| CHRISTINA CIOCIOLA | SR. VP FOR GRANT MAKING Highest-paid employee | 37.5 | $257,734 | $22,418 |
| LEON BAILEY | SR. VP FOR ORGANIZATIONAL EFFR Highest-paid employee | 37.5 | $245,192 | $29,420 |
| WENDY GAMBA | CHIEF FINANCIAL OFFICER Officer | 37.5 | $221,545 | $33,864 |
| MARCELLA NUNEZ-SMITH | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| FERNANDO J MUNIZ | VICE-CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| MAYSA AKBAR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GREG PEPE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOE GORDON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TERRY JONES | DIRECTOR Trustee or director | 1 | $0 | $0 |
| VALARIE SHULTZ WILSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ENOLA AIRD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| VLAD CORIC | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KEITH CHURCHWELL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| HEATHER TOOKES ALEXOPOULOS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KEYBANK NATIONAL ASSOCIATION | TRUSTEE COMMITTEE Institutional trustee | 1 | $0 | $0 |
| WELLS FARGO BANK NA | TRUSTEE COMMITTEE Institutional trustee | 1 | $0 | $0 |
| BANK OF AMERICA MERRILL LYNCH | TRUSTEE COMMITTEE Institutional trustee | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 70 AUDUBON STREET, NEW HAVEN, CT 06510-1248
- In care of
- % WM W GINSBERG
- Principal officer (990 for 2024)
- WENDY GAMBA, 70 AUDUBON STREET, NEW HAVEN, CT 06510
- Signed the 990
- WENDY GAMBA, CFO
- Phone
- (203) 777-2386
- Website
- WWW.CFGNH.ORG
- Return prepared by
- BAKER TILLY ADVISORY GROUP LP
Mission
THE MISSION OF THE COMMUNITY FOUNDATION IS TO CREATE POSITIVE AND SUSTAINABLE CHANGE IN GREATER NEW HAVEN BY INCREASING THE AMOUNT AND ENHANCING THE IMPACT OF COMMUNITY PHILATHROPY.
Program accomplishments
- CIVIC VITALITY: GRANTS THAT SUPPORT PROGRAMS AND SERVICES THAT PROMOTE CIVIC VITALITY.Expenses $20,545,467 · grants $14,637,844
- ARTS AND CULTURE: GRANTS THAT SUPPORT PROGRAMS AND SERVICES THAT PROMOTE ARTS AND CULTURE.Expenses $3,094,714 · grants $1,916,924
- HEALTH: GRANTS THAT SUPPORT PROGRAMS AND SERVICES THAT ENSURE HEALTH AND WELLNESS.Expenses $2,604,059 · grants $1,613,003
- EDUCATION: GRANTS THAT SUPPORT PROGRAMS AND SERVICES THAT PROVIDEQUALITY EDUCATION.Expenses $2,183,189 · grants $1,352,308
- ECONOMIC SUCCESS: GRANTS THAT SUPPORT PROGRAMS AND SERVICES THATPROMOTE REGIONAL ECONOMIC SUCCESS.Expenses $1,554,264 · grants $962,740
- YOUTH: GRANTS THAT SUPPORT PROGRAMS AND SERVICES THAT PROMOTE HEALTHYYOUTH DEVELOPMENT.Expenses $665,532 · grants $412,242
- BASIC NEEDS: GRANTS THAT SUPPORT PROGRAMS AND SERVICES THAT PROMOTEBASIC HUMAN NEEDS.Expenses $904,486 · grants $560,255
- ENVIRONMENT: GRANTS THAT SUPPORT PROGRAMS AND SERVICES THAT PROMOTEPROTECTION OF THE ENVIRONMENT.Expenses $1,241,364 · grants $768,924
- OTHERExpenses $22,263 · grants $1,302,351
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 06-6032106
- 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
- 1941
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T310)
- Assets (IRS master file)
- $627,372,618
- Income (IRS master file)
- $287,456,665
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $55,709,123 | $43,280,021 | $627,372,618 | IRS |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $55,299,428 | $44,909,487 | $712,043,213 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $73,644,314 | $95,774,412 | $679,592,958 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 06-6032106).
Questions about COMMUNITY FOUNDATION FOR GREATER NEW HAVEN
- What is the EIN of COMMUNITY FOUNDATION FOR GREATER NEW HAVEN?
- The employer identification number (EIN) of COMMUNITY FOUNDATION FOR GREATER NEW HAVEN is 06-6032106.
- Is COMMUNITY FOUNDATION FOR GREATER NEW HAVEN tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1941.
- Are donations to COMMUNITY FOUNDATION FOR GREATER NEW HAVEN tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does COMMUNITY FOUNDATION FOR GREATER NEW HAVEN 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 COMMUNITY FOUNDATION FOR GREATER NEW HAVEN due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did COMMUNITY FOUNDATION FOR GREATER NEW HAVEN last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of COMMUNITY FOUNDATION FOR GREATER NEW HAVEN?
- The 990 for the year ended December 31, 2024 names WENDY GAMBA.
- Who are the officers and directors of COMMUNITY FOUNDATION FOR GREATER NEW HAVEN?
- The 990 for the year ended December 31, 2024 lists 23 people; 9 received compensation from the organization, the highest $557,085 (WILLIAM W GINSBERG, PRESIDENT & CEO (LEFT 11/2024)).
- How much revenue does COMMUNITY FOUNDATION FOR GREATER NEW HAVEN have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $55,709,123, expenses of $43,280,021 and total assets of $627,372,618 at year end.
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- THE RISC FOUNDATION INC EIN 71-1051630 · last filed 990-PF for 2024
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- MELVILLE CHARITABLE TRUST INC EIN 46-1670702 · last filed 990-PF for 2024
- VALLEY COMMUNITY FOUNDATION INC EIN 84-1637102 · last filed 990 for 2024
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- TAMMY AND JAY LEVINE FOUNDATION INC EIN 20-4398295 · last filed 990-PF for 2024
- HAYES FOUNDATION EIN 06-1636828 · last filed 990-PF for 2025
All nonprofits in NEW HAVEN · Connecticut · Philanthropy, voluntarism and grantmaking foundations