Western Connecticut State University Foundation Inc

Organization Overview

Western Connecticut State University Foundation Inc is located in Danbury, CT. The organization was established in 1972. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Western Connecticut State University Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Western Connecticut State University Foundation Inc generated $2.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.2% each year. All expenses for the organization totaled $1.3m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

OPERATES EXCLUSIVELY TO AID, SUPPLEMENT, IMPROVE AND ENLARGE THE EDUCATIONAL, CULTURAL AND RESEARCH FACILITIES AND ACTIVITIES OF WESTERN CONNECTICUT STATE UNIVERSITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDED SUPPORT TO THE WESTERN CONNECTICUT STATE UNIVERSITY.


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Board, Officers & Key Employees

Name (title)Compensation
Cory Plock
Chairman
$0
Robert Yamin
Vice Chairman
$0
Anthony Cirone Jr
Secretary/treasurer
$0
Missy Alexander
Director
$0
Michael Azzi
Director
$0
Scott Brunjes
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$39,489
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,292,772
Noncash contributions included in lines 1a–1f $16,198
Total Revenue from Contributions, Gifts, Grants & Similar$1,332,261
Total Program Service Revenue$0
Investment income $716,944
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $576,591
Net Income from Fundraising Events $6,401
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,632,197

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Western Connecticut State University Foundation Inc has recieved totaling $20,500.

Awarding OrganizationAmount
John T And Jane A Wiederhold Foundation

Torrington, CT

PURPOSE: EFFECTS OF URBANIZED ROADWAYS ON NORTHERN DIAMONDBACK TERRAPINS (MALACLEMYS TERRAPIN TERRAPIN).

$20,500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$26,157,847
Earnings-$2,973,071
Admin Expense$306,329
Net Contributions$615,303
Other Expense$489,555
Ending Balance$23,004,195

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