Greater Hartford Community Foundation Inc

Greater Hartford Community Foundation Inc Overview

Greater Hartford Community Foundation Inc, operating under the name The Travelers Championship, is located in Hartford, CT. The organization was established in 2006. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 08/2019, Travelers Championship employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 08/2019, Travelers Championship generated $19.8m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 41.5% each year . All expenses for the organization totaled $20.3m during the year ending 08/2019. While expenses have increased by 41.2% per year over the past 5 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, Travelers Championship has awarded 91 individual grants totaling $10,176,459. 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

2019

Describe the Organization's Mission:

Part 3 - Line 1

THE FOUNDATION'S MISSION IS TO BE A WORLD-CLASS PGA TOUR EVENT THAT MAXIMIZES GIVING TO CHARITY WHILE BENEFITING THE COMMUNITY. THE FOUNDATION'S PRIMARY FUNDRAISING ACTIVITY IS THE TRAVELERS CHAMPIONSHIP, CONNECTICUT'S ANNUAL PGA TOUR GOLF TOURNAMENT. THE NET PROCEEDS REALIZED BY THE TOURNAMENT AND OTHER SUCH ACTIVITIES AND EVENTS ARE FOR THE BENEFIT OF THE CITIZENS, SOCIAL WELFARE ORGANIZATIONS AND OTHER INSTITUTIONS OF THE COMMUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION'S PRIMARY FUNDRAISING ACTIVITY IS THE TRAVELERS CHAMPIONSHIP, CONNECTICUT'S ANNUAL PGA TOUR GOLF TOURNAMENT. THE NET PROCEEDS REALIZED BY THE TOURNAMENT AND OTHER SUCH ACTIVITIES AND EVENTS ARE FOR THE BENEFIT OF THE CITIZENS, SOCIAL WELFARE ORGANIZATIONS AND OTHER INSTITUTIONS OF THE COMMUNITY.


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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$8,353,790
Investment income $5,821
Tax Exempt Bond Proceeds $0
Royalties $3,760,000
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $19,831,812

Greater Hartford Community Foundation Inc Grants Awarded

Over the last fiscal year, Greater Hartford Community Foundation Inc has awarded $553,467 in support to 8 organizations.

Grant RecipientAmount

THE HOLE IN THE WALL GANG FUND INC

Org PageRecipient Profile

New Haven, CT

PURPOSE: DONATION

$250,000

BIRDIES FOR CHARITY - VARIOUS

PURPOSE: DONATION - MATCH

$137,090

BIRDIES FOR THE BRAVE PGA TOUR CHARITIES

Org PageRecipient Profile

Ponte Vedra Beach, FL

PURPOSE: DONATIONS

$35,249

HARTFORD'S CAMP COURANT

Org PageRecipient Profile

Hartford, CT

PURPOSE: DONATION

$33,232

CONNECTICUT CHILDREN'S MEDICAL CENTER

Org PageRecipient Profile

Hartford, CT

PURPOSE: DONATIONS

$31,732

HOSPITAL FOR SPECIAL CARE

Org PageRecipient Profile

New Britain, CT

PURPOSE: DONATION

$31,164
View Grant Profile

Greater Hartford Community Foundation Inc Grants Recieved

Over the last fiscal year, we have identified 5 grants that Greater Hartford Community Foundation Inc has recieved totaling $478,731.

Awarding OrganizationAmount
Trinity Health Of New England Corporation Inc

Hartford, CT

PURPOSE: TO SUPPORT COMMUNITY BASED EVENTS FOR THE BENEFIT OF THE CITIZENS

$427,817
Middlesex Hospital

Middletown, CT

PURPOSE: FAN ZONE EXPO SUPPORT

$19,250
$12,554
Fidelity Investments Charitable Gift Fund

Boston, MA

PURPOSE: For grant recipient's exempt purposes

$10,585
Harvard Pilgrim Health Care Foundation Inc

Wellesley, MA

PURPOSE: COMMUNITY SUPPORT SERVICES

$8,525
View Grant Recipient Profile

Greater Hartford Community Foundation Inc Peer Organizations

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