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New Canaan Community Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 060970466 ✦ New canaan, CT ✦ Designated as a 501(c)(3)

Overview

What is New Canaan Community Foundation Inc?

New Canaan Community Foundation Inc is a nonprofit organization situated at 111 Cherry Street, New Canaan, Connecticut. Established with a mission to address local community needs, they provide leadership on various issues, make impactful grants, and facilitate effective charitable giving in New Canaan. By offering capital, program, and operational support to local nonprofit organizations, they contribute to the betterment of the community. With a team of five dedicated individuals, New Canaan Community Foundation plays a significant role in strengthening the social fabric of the area.


Official website here: www.newcanaancf.org

Is New Canaan Community Foundation Inc legitimate?

New Canaan Community Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Canaan Community Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $159,428
Professional Fundraising Fees: $0
Other Salaries and Wages: $174,717

For more financial information, click here


Official website here: www.newcanaancf.org

What is the mission statement of New Canaan Community Foundation Inc?

The New Canaan Community Foundation plays a crucial role in addressing the community's needs. They provide leadership on local issues, make impactful grants, and facilitate effective charitable giving in New Canaan. Their mission is primarily focused on supporting the capital, program, and operating needs of local nonprofit organizations. By doing so, they aim to contribute positively to the community and improve the lives of its residents.


Official website here: www.newcanaancf.org

Who is the CEO of New Canaan Community Foundation Inc?

Lauren Patterson is the Chair of New Canaan Community Foundation Inc. The CEO's salary of New Canaan Community Foundation Inc is $124,394 and their total compensation is $137,649.


Official website here: www.newcanaancf.org

What is the revenue of New Canaan Community Foundation Inc?

New Canaan Community Foundation Inc's revenue in 2023 was $2,915,669.


Official website here: www.newcanaancf.org

Who are the executives of New Canaan Community Foundation Inc and what are their salaries?

The average compensation at New Canaan Community Foundation Inc during 2023 was $66,829. There are 5 employees and 145 volunteers at New Canaan Community Foundation Inc.

Here are 21 key members and their salaries (New Canaan Community Foundation Inc's CEO's salary is $124,394 and their total compensation is $137,649):

    Lauren Patterson (President & Ceo)
  • Compensation: $124,394
  • Related: $0
  • Other: $13,255

    • Jeffrey Williams (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Aaron Cooper (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim Clayton (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elizabeth Cahill (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alex Grantcharov (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chris Schipper (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dan Harris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dan Rashin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eileen Boyd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Erica Schwedel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Frank Fetchet (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jayne Benton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Sheffield (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karen Mactas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kristina Woods (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Laura Dobbin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Monica Chimera (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ross Weiner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sara Schubert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Suzanne Harrison (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.newcanaancf.org

    Where can I find the form 990 for New Canaan Community Foundation Inc?

    The New Canaan Community Foundation Inc’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.newcanaancf.org

    Learn more at the official website: www.newcanaancf.org

    Mission Statement of New Canaan Community Foundation Inc

    The New Canaan Community Foundation Inc plays a vital role in addressing the needs of its community by providing leadership on local issues, making impactful grants, and facilitating charitable giving in New Canaan. Its mission is multifaceted, encompassing three key areas: offering leadership on local matters, dispensing substantial grants, and fostering efficient charitable giving within the community. By providing leadership, the foundation contributes to shaping the community's response to pressing issues. Through its grant-making initiatives, it supports the capital, program, and operational needs of local nonprofit organizations. Lastly, the foundation encourages charitable giving, ensuring that resources are effectively allocated to address community needs.

    Impact

    This information is meant to be a general summary of New Canaan Community Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    New Canaan Community Foundation Inc plays a crucial role in addressing the needs of the New Canaan community by providing leadership on local issues, making impactful grants, and facilitating effective charitable giving. Through grants that support the capital, program, and operating needs of local organizations, the foundation contributes significantly to the well-being and development of the community in New Canaan, CT. Their mission is to ensure that the resources they provide create a positive and lasting impact in the community, demonstrating a commitment to philanthropy and social responsibility.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $782,777
  • Program Service Revenue: $2,700
  • Gross Receipts: $3,525,847

    • Assets and Liabilities:
  • Total Assets: $25,768,610
  • Total Liabilities: $250,791
  • Net Assets: $25,517,819
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    YPF PROGRAM REVENUE

    Revenue

    $2,700

    Organization Details

    Founding Year

    1977

    Principal Officer

    Lauren Patterson

    Main Address

    111 CHERRY STREET, NEW CANAAN, CT, 06840

    NTEE Category

    Code: T31 - Philanthropy

    If you are a representative of New Canaan Community Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.