Community Foundation Of Middlesex County Inc

Organization Overview

Community Foundation Of Middlesex County Inc is located in Middletown, CT. The organization was established in 1997. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Community Foundation Of Middlesex County Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Foundation Of Middlesex County 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 12/2021, Community Foundation Of Middlesex County Inc generated $4.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.7% each year . All expenses for the organization totaled $1.8m during the year ending 12/2021. While expenses have increased by 5.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Community Foundation Of Middlesex County Inc has awarded 178 individual grants totaling $3,098,790. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO ASSIST AND PROMOTE THE WELL BEING OF THE INHABITANTS OF MIDDLESEX COUNTY AND ITS VICINITY BY AMONG OTHER ACTIVITIES, ENGAGING IN CHARITABLE ACTIVITIES AND EXTENDING FINANCIAL AID THROUGH GRANTS, CONTRIBUTIONS OR OTHER AID OR ASSISTANCE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO ASSIST AND PROMOTE THE WELL BEING OF THE INHABITANTS OF MIDDLESEX COUNTY AND ITS VICINITY BY AMONG OTHER ACTIVITIES, ENGAGING IN CHARITABLE ACTIVITIES AND EXTENDING FINANCIAL AID THROUGH GRANTS, CONTRIBUTIONS OR OTHER AID OR ASSISTANCE.


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Board, Officers & Key Employees

Name (title)Compensation
Cynthia Clegg
President &
$149,798
Marc L Levin
Treasurer
$0
John Boccalatte
Chair
$0
Frantz Williams Jr
Vice Chair
$0
Timothy P Geelan
Secretary
$0
Brian Abely
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$14,320
Related organizations$0
Government grants $66,038
All other contributions, gifts, grants, and similar amounts not included above$1,803,853
Noncash contributions included in lines 1a–1f $293,335
Total Revenue from Contributions, Gifts, Grants & Similar$1,884,211
Total Program Service Revenue$0
Investment income $937,563
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $1,295,195
Net Income from Fundraising Events -$2,986
Net Income from Gaming Activities $10,755
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,146,421

Grants Awarded

Over the last fiscal year, Community Foundation Of Middlesex County Inc has awarded $215,063 in support to 10 organizations.

Grant RecipientAmount

THE NATURE CONSERVANCY

Org PageRecipient Profile

Arlington, VA

PURPOSE: OPERATIONAL SUPPORT

$90,000

ST JOHN ROMAN CATHOLIC CHURCH

PURPOSE: GENERAL SUPPORT

$32,926

ST JOHN PAUL II REGIONAL SCHOOL

PURPOSE: EDUCATIONAL ASSIST.

$31,426

OVERCOMER TRAINING CENTER INC

Org PageRecipient Profile

Middletown, CT

PURPOSE: YOUTH PROGRAMMING

$20,000

CROMWELL BELDEN PUBLIC LIBRARY

PURPOSE: GENERAL SUPPORT

$7,484

CYSTIC FIBROSIS FOUNDATION

PURPOSE: GENERAL SUPPORT

$7,283
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Community Foundation Of Middlesex County Inc has recieved totaling $35,101.

Awarding OrganizationAmount
John J And Ruth C Cone Trust

Dallas, TX

PURPOSE: UNRESTRICTED GENERAL

$35,101
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$26,522,590
Earnings$3,764,637
Admin Expense$584,268
Net Contributions$468,003
Grants$572,985
Ending Balance$29,597,977

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