Aetna Foundation Inc
- Assets
- $0.0
- Revenue
- $22.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Hartford, CT
- Founding
- 12/1972
- Data as of
- 12/2021
- EIN
- 23-7241940
Organization Overview
Aetna Foundation Inc is located in Hartford, CT. The organization was established in 1972. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Aetna 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 12/2021, Aetna Foundation Inc generated $22.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (71.1%) each year. All expenses for the organization totaled $4.6m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Aetna Foundation Inc has awarded 9,310 individual grants totaling $21,181,155. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James D Clark Director | 0.5 | $0 | |
Garth Graham MD MPH President/director | 40 | $0 | |
John P Kennedy Director | 0.5 | $0 | |
Joseph Krocheski Director | 0.5 | $0 | |
Thomas S Moffatt Director/secretary And Legal Counsel | 0.5 | $0 | |
Eileen H Boone Chairman And President | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
American Public Health Association Inc | 12/30/21 | $406,582 |
Quality Interactions Inc | 12/30/21 | $80,000 |
National Association Of Counties Resear Foun | 12/30/21 | $75,000 |
Raymond A Currier Iii | 12/30/21 | $118,556 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $20,494 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$571 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,128 |
| Total Revenue | $22,051 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,127,488 |
| Contributions, gifts, grants paid | $3,512,519 |
| Total expenses and disbursements | $4,640,007 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Aetna Foundation Inc has awarded $7,157,897 in support to 65 organizations.
| Grant Recipient | Amount |
|---|---|
COPPER BEECH INSTITUTE INC PURPOSE: GENERAL PURPOSE | $27,000 |
FIDELCO GUIDE DOG FOUNDATION PURPOSE: GENERAL PURPOSE | $27,000 |
NORTH CAROLINA HARM REDUCTION COALITION INC PURPOSE: GENERAL PURPOSE | $24,000 |
NORTH CAROLINA HARM REDUCTION COALITION INC PURPOSE: GENERAL PURPOSE | $125,000 |
SHARE OUR STRENGTH INC PURPOSE: GENERAL PURPOSE | $78,750 |
SMITHSONIAN INSTITUTE PURPOSE: GENERAL PURPOSE | $25,000 |