Guilford Fund For Education Inc is located in Guilford, CT. The organization was established in 2007. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Guilford Fund For Education 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 06/2023, Guilford Fund For Education Inc generated $88.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.0% each year . All expenses for the organization totaled $100.2k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE FUNDS TO FINANCE EDUCATIONAL OPPORTUNITIES OUTSIDE THE REGULAR SCOPE OF THE OPERATION BUDGET OF THE APPLYING AGENCY
Describe the Organization's Program Activity:
Part 3
GRANTS WERE PROVIDED FOR DIFFERENT EDUCATIONAL ACITVITIES TO VARIOUS SCHOOLS IN GUILFORD CT
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nicole Schlagheck Chair | 5 | $0 | |
Andrew Corpuel Treasurer | 5 | $0 | |
Meg Teape Secretary | 5 | $0 | |
Holly Clune Member | 1 | $0 | |
Lauren Dennehy Member | 0.5 | $0 | |
Banu Ozkanzanc Pan Member | 0.5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $54,276 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $37,087 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$3,149 |
| Other Revenue | $0 |
| Total Revenue | $88,214 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $10,023 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $30 |
| Other expenses | $8,657 |
| Total expenses | $100,237 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $400,581 |
| Other assets | $0 |
| Total assets | $400,581 |
| Total liabilities | $0 |
| Net assets or fund balances | $400,581 |