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VALLEY COMMUNITY FOUNDATION INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
VALLEY COMMUNITY FOUNDATION INC (EIN 84-1637102)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-11-14
IRS object ID
202423199349308127
Schema version
2023v5.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-11-14T12:27:03-06:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN061533315PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CIRONEFRIEDBERG LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line16 RESEARCH DRIVE 450AddressLine1Txt
CitySHELTONCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06484ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN841637102EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE VALLEY COMMUNITY FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlVALLBusinessNameControlTxt
Phone2037772386PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1253-A ELIZABETH STREETAddressLine1Txt
CityDERBYCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06418ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSHARON L CLOSIUSPersonNm
Person TitlePRESIDENT & CEOPersonTitleTxt
Phone2037519162PhoneNum
Signature2024-11-13SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSANDRA D CALLANAN CPAPreparerPersonNm
PTINP01200948PTIN
Phone2033665876PhoneNum
Preparation2024-11-13PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerSHARON L CLOSIUSPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1253-A ELIZABETH STREETAddressLine1Txt
CityDERBYCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06418ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$13,914,819GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.VALLEYFOUNDATION.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2004FormationYr
Legal Domicile StateCTLegalDomicileStateCd
Activity Or MissionSEE SCHEDULE OActivityOrMissionDesc
Voting Members Governing Body16VotingMembersGoverningBodyCnt
Voting Members Independent14VotingMembersIndependentCnt
Total Employee5TotalEmployeeCnt
Total Volunteers65TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$3,221,082PYContributionsGrantsAmt
CY Contributions Grants$2,298,746CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$1,895,761PYInvestmentIncomeAmt
CY Investment Income$909,941CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$5,116,843PYTotalRevenueAmt
CY Total Revenue$3,208,687CYTotalRevenueAmt
PY Grants And Similar Paid$2,424,667PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$1,802,577CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$560,133PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$628,893CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$256,039CYTotalFundraisingExpenseAmt
PY Other Expenses$490,397PYOtherExpensesAmt
CY Other Expenses$670,586CYOtherExpensesAmt
PY Total Expenses$3,475,197PYTotalExpensesAmt
CY Total Expenses$3,102,056CYTotalExpensesAmt
PY Revenues Less Expenses$1,641,646PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$106,631CYRevenuesLessExpensesAmt
Total Assets BOY$31,974,412TotalAssetsBOYAmt
Total Assets EOY$36,340,178TotalAssetsEOYAmt
Total Liabilities BOY$159,243TotalLiabilitiesBOYAmt
Total Liabilities EOY$13,290,320TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$31,815,169NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$23,049,858NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE VALLEY COMMUNITY FOUNDATION'S MISSION IS TO MAKE THE VALLEY A BETTER PLACE TO LIVE AND WORK, BOTH NOW AND IN THE FUTURE, BY CONNECTING PRIVATE PHILANTHROPY TO THE LONG-TERM PUBLIC GOOD OF THE VALLEY.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$495,037ExpenseAmt
Grant$336,227GrantAmt
DescCIVIC VITALITY: GRANTS THAT SUPPORT PROGRAMS AND SERVICES THAT PROMOTE CIVIC VITALITY.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$815,353ExpenseAmt
Grant$553,784GrantAmt
DescHEALTH: GRANTS THAT SUPPORT PROGRAMS AND SERVICES THAT ENSURE HEALTH AND WELLNESS.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$490,716ExpenseAmt
Grant$333,291GrantAmt
DescEDUCATION: GRANTS THAT SUPPORT PROGRAMS AND SERVICES THAT PROVIDE QUALITY EDUCATION.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (5 entries)

ExpenseExpenseAmtGrantGrantAmtDescDesc
$206,712$140,398ARTS AND CULTURE: GRANTS THAT SUPPORT PROGRAMS AND SERVICES THATPROMOTE ARTS AND CULTURE.
$225,063$152,862BASIC NEEDS: GRANTS THAT SUPPORT PROGRAMS AND SERVICES THAT PROMOTEBASIC HUMAN NEEDS.
$130,963$88,950ECONOMIC SUCCESS: GRANTS THAT SUPPORT PROGRAMS AND SERVICES THATPROMOTE REGIONAL ECONOMIC SUCCESS.
$240,249$163,176YOUTH: GRANTS THAT SUPPORT PROGRAMS AND SERVICES THAT PROMOTE HEALTHYYOUTH DEVELOPMENT.
$49,896$33,889ENVIRONMENT: GRANTS THAT SUPPORT PROGRAMS AND SERVICES THAT PROMOTEPROTECTION OF THE ENVIRONMENT.
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$852,883TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant$579,275TotalOtherProgSrvcGrantAmt
Total Program Service Expenses$2,653,989TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised FundYes (1)DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document8IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee5EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members16GoverningBodyVotingMembersCnt
Independent Voting Member14IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesYes (1)DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Own WebsiteYes (X)OwnWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1WENDY G GAMBABusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2039741644PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line170 AUDUBON STREETAddressLine1Txt
CityNEW HAVENCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06510ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
ANGELA POWERS
DIRECTOR1.00Yes (X)$0$344,065$43,579
NANCY VALENTINE
BOARD CHAIR1.00Yes (X)$0$0$0Yes (X)
ALETA MINER
VICE-CHAIR1.00Yes (X)$0$0$0Yes (X)
RAY OPPEL
TREASURER1.00Yes (X)$0$0$0Yes (X)
PATRICIA TARASOVIC
SECRETARY1.00Yes (X)$0$0$0Yes (X)
MARK D GOUMAS
DIRECTOR1.00Yes (X)$0$0$0
TAMMY BURELL
DIRECTOR1.00Yes (X)$0$0$0
CHRISTOPHER GRIZZLE
DIRECTOR1.00Yes (X)$0$0$0
TERRY JONES
DIRECTOR1.00Yes (X)$0$0$0
JACK WALSH
DIRECTOR1.00Yes (X)$0$0$0
FRED ORTOLI
DIRECTOR1.00Yes (X)$0$0$0
NED MILLER
DIRECTOR1.00Yes (X)$0$0$0
MARIANNE SMYTHE
DIRECTOR1.00Yes (X)$0$0$0
GREG STAMOS
DIRECTOR1.00Yes (X)$0$0$0
SHARON CLOSIUS
PRESIDENT & CEO40.00$210,119$0$3,250Yes (X)
WENDY GAMBA
CHIEF FINANCIAL OFFICER10.00$0$221,545$33,864Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$210,119TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$565,610TotReportableCompRltdOrgAmt
Total Other Compensation$80,693TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$2,298,746AllOtherContributionsAmt
Noncash Contributions$324,888NoncashContributionsAmt
Total Contributions$2,298,746TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$172,693TotalRevenueColumnAmt
Exclusion$172,693ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$11,443,380SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$10,706,132SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$737,248SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$737,248TotalRevenueColumnAmt
Exclusion$737,248ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,208,687TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$909,941ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$1,802,577TotalAmt
Program Services$1,802,577ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$203,319TotalAmt
Program Services$132,157ProgramServicesAmt
Management And General$30,498ManagementAndGeneralAmt
Fundraising$40,664FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$292,881TotalAmt
Program Services$190,372ProgramServicesAmt
Management And General$43,933ManagementAndGeneralAmt
Fundraising$58,576FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$36,531TotalAmt
Program Services$23,745ProgramServicesAmt
Management And General$5,480ManagementAndGeneralAmt
Fundraising$7,306FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$62,621TotalAmt
Program Services$40,704ProgramServicesAmt
Management And General$9,393ManagementAndGeneralAmt
Fundraising$12,524FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$33,541TotalAmt
Program Services$21,802ProgramServicesAmt
Management And General$5,031ManagementAndGeneralAmt
Fundraising$6,708FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$444,642TotalAmt
Program Services$289,018ProgramServicesAmt
Management And General$66,696ManagementAndGeneralAmt
Fundraising$88,928FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$32,066TotalAmt
Program Services$20,843ProgramServicesAmt
Management And General$4,810ManagementAndGeneralAmt
Fundraising$6,413FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$49,904TotalAmt
Program Services$36,366ProgramServicesAmt
Management And General$5,802ManagementAndGeneralAmt
Fundraising$7,736FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$14,458TotalAmt
Program Services$9,397ProgramServicesAmt
Management And General$2,170ManagementAndGeneralAmt
Fundraising$2,891FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$22,525TotalAmt
Program Services$14,641ProgramServicesAmt
Management And General$3,379ManagementAndGeneralAmt
Fundraising$4,505FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$43,255TotalAmt
Program Services$28,116ProgramServicesAmt
Management And General$6,488ManagementAndGeneralAmt
Fundraising$8,651FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$372TotalAmt
Program Services$242ProgramServicesAmt
Management And General$56ManagementAndGeneralAmt
Fundraising$74FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$23,123TotalAmt
Program Services$15,030ProgramServicesAmt
Management And General$3,468ManagementAndGeneralAmt
Fundraising$4,625FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$8,678TotalAmt
Program Services$7,705ProgramServicesAmt
Management And General$417ManagementAndGeneralAmt
Fundraising$556FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$6,773TotalAmt
Program Services$4,402ProgramServicesAmt
Management And General$1,016ManagementAndGeneralAmt
Fundraising$1,355FundraisingAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescPROFESSIONAL DEVELOPMENDesc
Total$12,080TotalAmt
Program Services$7,852ProgramServicesAmt
Management And General$1,812ManagementAndGeneralAmt
Fundraising$2,416FundraisingAmt

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$12,710TotalAmt
Program Services$9,020ProgramServicesAmt
Management And General$1,579ManagementAndGeneralAmt
Fundraising$2,111FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$3,102,056TotalAmt
Program Services$2,653,989ProgramServicesAmt
Management And General$192,028ManagementAndGeneralAmt
Fundraising$256,039FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$403,997BOYAmt
EOY$54,099EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$356,892BOYAmt
EOY$907,913EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$789,923BOYAmt
EOY$750,000EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$210,108LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$190,215LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$28,572BOYAmt
EOY$19,893EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$9,254,481BOYAmt
EOY$11,680,151EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$21,140,547BOYAmt
EOY$22,761,195EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$166,927EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$31,974,412BOYAmt
EOY$36,340,178EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$84,888BOYAmt
EOY$49,701EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$74,355BOYAmt
EOY$247,555EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$12,993,064EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$159,243BOYAmt
EOY$13,290,320EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$31,815,169BOYAmt
EOY$23,049,858EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$31,815,169BOYAmt
EOY$23,049,858EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$31,974,412BOYAmt
EOY$36,340,178EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$106,631ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$3,129,375NetUnrlzdGainsLossesInvstAmt
Prior Period Adjustments-$10,815,008PriorPeriodAdjustmentsAmt
Other Changes In Net Assets-$1,186,309OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consol And Sep Basis Fincl StmtYes (X)ConsolAndSepBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,203,963CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,986,133CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$3,740,512CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,221,082CurrentTaxYearMinus1YearAmt
Current Tax Year$2,298,746CurrentTaxYearAmt
Total$13,450,436TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,203,963CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,986,133CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$3,740,512CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,221,082CurrentTaxYearMinus1YearAmt
Current Tax Year$2,298,746CurrentTaxYearAmt
Total$13,450,436TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$466,060SubstantialContributorsTotAmt
Public Support Total170$12,984,376PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$258,690CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$328,255CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$386,735CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$385,618CurrentTaxYearMinus1YearAmt
Current Tax Year$172,693CurrentTaxYearAmt
Total$1,531,991TotalAmt
FieldValueIRS element (for citing)
Total Support$14,982,427TotalSupportAmt
Public Support CY1700.86660PublicSupportCY170Pct
Public Support PY1700.80530PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Donor Advised Funds Held79DonorAdvisedFundsHeldCnt
Funds And Other Accounts Held206FundsAndOtherAccountsHeldCnt
Donor Advised Funds Contri$533,461DonorAdvisedFundsContriAmt
Funds And Other Accounts Contri$1,375,887FundsAndOtherAccountsContriAmt
Donor Advised Funds Grants$300,953DonorAdvisedFundsGrantsAmt
Funds And Other Accounts Grants$1,843,753FundsAndOtherAccountsGrantsAmt
Donor Advised Funds Vl EOY$11,360,887DonorAdvisedFundsVlEOYAmt
Funds And Other Accounts Vl EOY$24,515,107FundsAndOtherAccountsVlEOYAmt
Disclosed Org Leg CtrlYes (1)DisclosedOrgLegCtrlInd
Disclosed For Charitable PrpsYes (1)DisclosedForCharitablePrpsInd

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$210,108OtherCostOrOtherBasisAmt
Depreciation$190,215DepreciationAmt
Book Value$19,893BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$19,893TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp

FieldValueIRS element (for citing)
DescALTERNATIVE INVESTMENTSDesc
Book Value$22,761,195BookValueAmt
Method ValuationFMethodValuationCd
FieldValueIRS element (for citing)
Total Book Value Securities$22,761,195TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
OPERATING LEASE LIABILITY$166,927
ORGANIZATION FUNDS$12,826,137
FieldValueIRS element (for citing)
Total Liability$12,993,064TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$4,707,111TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$3,129,375NetUnrealizedGainsInvstAmt
Other Revenue-$1,186,309OtherRevenueAmt
Revenue Not Reported$1,943,066RevenueNotReportedAmt
Revenue Subtotal$2,764,045RevenueSubtotalAmt
Investment Expenses Not Incld$444,642InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$444,642RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$3,208,687TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$2,657,414TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$2,657,414ExpensesSubtotalAmt
Investment Expenses Not Incld2$444,642InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$444,642ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$3,102,056TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART XI, LINE 2D - OTHER ADJUSTMENTS:FormAndLineReferenceDesc
ExplanationMARKET RETURN - ORGANIZATION FUNDSExplanationTxt

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (2 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS00INVESTMENTS$10,188,469
EUROPE (INCLUDING ICELAND & GREENLAND)00INVESTMENTS$424,354
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$10,612,823SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$10,612,823TotalSpentAmt
Transfer To Foreign Corp0TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp Ownership0ForeignCorpOwnershipInd
Passive Foreign Investmest Co0PassiveForeignInvestmestCoInd
Foreign Partnership0ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 3:FormAndLineReferenceDesc
ExplanationFMV IS USED FOR INVESTMENTSExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records Maintained0GrantRecordsMaintainedInd

Recipient Table RecipientTable (64 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtPurpose Of GrantPurposeOfGrantTxt
DERBY PUBLIC LIBRARY
313 ELIZABETH STDERBYCT06418066001869$35,000$0ENDOWMENT DISTRIBUTION
OPERATION FUEL INC
75 CHARTER OAK AVEHARTFORDCT06106061253091$10,000$0TO SUPPORT EMERGENCY ENERGY DISTRIBUTION IN THE TOWNS OF ANSONIA, DERBY, OXFORD, SEYMOUR, AND SHELTON.
READ TO GROW
53 SCHOOL GROUND RDBRANFORDCT06405061572185$5,100$0TO PROVIDE FREE HIGH-QUALITY, DIVERSE CHILDRENS BOOKS TO CHILDREN FROM THE VALLEY FOUNDATION'S FOCUS TOWNS THROUGH BOOKS FOR KIDS PROGRAM AND BOOKMOBILE STOPS.
HAVEN'S HARVEST
PO BOX 133NEW HAVENCT06513850627932$9,000$0TO PROVIDE GENERAL OPERATING SUPPORT
NAUGATUCK VALLEY HEALTH DISTRICT
98 BANK STSEYMOURCT06483060883666$6,300$0TO SUPPORT EVIDENCE BASED PROGRAMS WITH THE VALLEY TO ENSURE PREVENTION AND SELF MANAGEMENT OF CHRONIC CONDITIONS
BEST BUDDIES CONNECTICUT
101 CENTERPOINT DRMIDDLETOWNCT06457521614576$10,000$0TO SUPPORT FRIENDSHIP AND LEADERSHIP DEVELOPMENT PROGRAMS
HOUSATONIC COUNCIL BOY SCOUTS OF AMERICA
111 NEW HAVEN AVEDERBYCT06418060646676$16,614$0ANNUAL ENDOWMENT DISTRIBUTION
OAK CLIFF CEMETERY ASSOCIATION
21 KOZEY LNSEYMOURCT06483060476630$55,654$0QUARTERLY ENDOWMENT DISTRIBUTION
SHELTON HIGH SCHOOL
120 MEADOW STSHELTONCT06484274802342$6,443$0ENHANCE TEACHING OF SCIENCE AS INSTRUCTED BY HEADMASTER
ANSONIA HIGH SCHOOL
20 PULASKI HIGHWAYANSONIACT06401$5,512$0AWARDED TO A DESERVING STUDENT WHO HAS BEEN ACCEPTED AND WILL ENROLL IN A FOUR-YEAR PROGRAM AT AN ACCREDITED COLLEGE OR UNIVERSITY OUTSIDE THE STATE OF CONNECTICUT.
SHELTON HIGH SCHOOL
120 MEADOW STSHELTONCT06484274802342$9,000$0AWARD TO A SENIOR MAJORING IN ACCOUNTING OR ANOTHER BUSINESS RELATED FIELD, WHO HAS DEMONSTRATED PERSEVERANCE BOTH PERSONALLY AND ACADEMICALLY AND WHOSE CONCERN AND INTEREST IN OTHERS HAS BEEN EXEMPLARY. THE AWARD WILL BE BASED ON THE FOLLOWING: 1. BE A GRADUATING SHELTON RESIDENT. 2. BE IN GOOD ACADEMIC STANDING DURING THEIR HIGH SCHOOL CAREER. 3. BE ENROLLED IN A FOUR-YEAR COLLEGE PROGRAM WITH A SPECIFIC GOAL OF WORKING IN THE AREA OF ACCOUNTING; OR GOING INTO THE BUSINESS FIELD. 4. BEEN ACTIVELY INVOLVED WITH COMMUNITY SERVICE TO HELP OTHERS.
UNIVERSITY OF NEW HAVEN
300 BOSTON POST RDWEST HAVENCT06516060761704$9,890$0TO SUPPORT THE FREY HERSHEY SCHOLARSHIP FUND
YALE NEW HAVEN HOSPITAL SAINT RAPHAEL CAMPUS
20 YORK STNEW HAVENCT06510060646652$6,174$0FOR GENERAL PURPOSES
BOYS & GIRLS CLUB OF THE LOWER NAUGATUCK VALLEY
1 POSITIVE PLSHELTONCT06484060653185$6,174$0FOR THE 2023 GREAT GIVE
AREA CONGREGATIONS TOGETHER INC
30 TODD RDSHELTONCT06484222653859$20,000$0FOR THE GREAT GIVE 2023
BHCARE
127 WASHINGTON AVENORTH HAVENCT06473222598799$20,000$0FOR THE GREAT GIVE 2023 TO SUPPORT THE PARENT CHILD RESOURCE CENTER (PCRC)
BHCARE
127 WASHINGTON AVENORTH HAVENCT06473222598799$25,000$0FOR THE GREAT GIVE 2023 TO SUPPORT THE UMBRELLA CENTER FOR DOMESTIC VIOLENCE SERVICES
BHCARE
127 WASHINGTON AVENORTH HAVENCT06473222598799$15,000$0FOR A SPONSORSHIP FOR A CHANCE TO SHINE
BOYS & GIRLS CLUB OF THE LOWER NAUGATUCK VALLEY
1 POSITIVE PLSHELTONCT06484060653185$20,000$0FOR THE GREAT GIVE 2023
TEAM INC
30 ELIZABETH STDERBYCT06418060835182$25,000$0TO SUPPORT THE DIAPER BANK
TEAM INC
30 ELIZABETH STDERBYCT06418060835182$20,000$0FOR THE GREAT GIVE 2023
VALLEY UNITED WAY
54 GROVE STSHELTONCT06484060847098$25,000$0FOR THE GREAT GIVE 2023
UNIVERSITY OF NEW HAVEN
300 BOSTON POST RDWEST HAVENCT06516060761704$9,200$0SCHOLARSHIP/FALCON-FENNELL, ALYSSA
HUNTINGTON UNITED METHODIST CHURCH
338 WALNUT TREE HILL RDSHELTONCT06484061052579$10,000$0FOR THE CAPITAL CAMPAIGN FUND 2023
GRIFFIN HOSPITAL
130 DIVISION STDERBYCT06418060647014$30,000$0TO PROVIDE GENERAL OPERATING SUPPORT
SALVATION ARMY GREATER VALLEY CORPS
26 LESTER STANSONIACT06401135562351$30,000$0TO PROVIDE GENERAL OPERATING SUPPORT.
DERBY HISTORICAL SOCIETY
37 ELM STANSONIACT06401066041121$25,000$0TO PROVIDE GENERAL OPERATING SUPPORT
JUNIOR ACHIEVEMENT OF GREATER FAIRFIELD COUNTY
835 MAIN STBRIDGEPORTCT06604060644315$30,000$0TO PROVIDE GENERAL OPERATING SUPPORT.
JULIA DAY NURSERY OF ANSONIA INC
76 CENTRAL STANSONIACT06401066000450$30,000$0TO PROVIDE GENERAL OPERATING SUPPORT
SHELTON HIGH SCHOOL
120 MEADOW STSHELTONCT06484274802342$7,550$0TO PROVIDE GENERAL OPERATING SUPPORT
NEW HAVEN SYMPHONY ORCHESTRA
4 HAMILTON STNEW HAVENCT06511066000592$10,000$0TO SUPPORT THE SHELTON POPS SERIES
THE HOMETOWN FOUNDATION INC
275 SCHOOLHOUSE RDCHESHIRECT06410200847683$6,600$0TO SUPPORT THE HUNGERLESS HOLIDAYS PROGRAM.
CENTRAL CONNECTICUT COAST YMCA
1240 CHAPEL STNEW HAVENCT06511060662195$11,778$0GENERAL PURPOSES FOR BENEFIT OF VALLEY YMCA
OAK CLIFF CEMETERY ASSOCIATION
21 KOZEY LNSEYMOURCT06483060476630$55,654$0QUARTERLY ENDOWMENT DISTRIBUTION
BHCARE
127 WASHINGTON AVENORTH HAVENCT06473222598799$30,000$0FOR CHILD PARENT PSYCHOTHERAPY (CPP) - STARTUP FUNDS PER DISCUSSION WITH EMILY
BHCARE
127 WASHINGTON AVENORTH HAVENCT06473222598799$30,000$0FOR ADVERTISING & MARKETING / BRAND AWARENESS CAMPAIGN PER DISCUSSION WITH EMILY
ADAM WYSOTA FOUNDATION
241 CORAM AVESHELTONCT06484462047680$22,000$0TO PROVIDE GENERAL OPERATING SUPPORT.
SHELTON ECONOMIC DEVELOPMENT CORPORATION
25 BROOK STSHELTONCT06484061092685$15,000$0TO PROVIDE GENERAL OPERATING SUPPORT.
VALLEY SHAKESPEARE FESTIVAL
415 HOWE AVE 116SHELTONCT06484462147617$20,000$0TO PROVIDE GENERAL OPERATING SUPPORT.
CHRIST EPISCOPAL CHURCH
56 SOUTH CLIFF STANSONIACT06401060647005$32,000$0TO PROVIDE GENERAL OPERATING SUPPORT FOR THE KATHLEEN C.B. SAMELA MEMORIAL FOOD PANTRY.
ECHO HOSE HOOK AND LADDER VOLUNTEER AMBULANCE CORPS INC
100 MEADOW STSHELTONCT06484066040426$35,000$0TO PROVIDE GENERAL OPERATING SUPPORT.
RAPE CRISIS CENTER OF MILFORD INC
70 WEST RIVER STMILFORDCT06460060915300$6,000$0TO PROVIDE GENERAL OPERATING SUPPORT IN THE VALLEY.
MASSARO COMMUNITY FARM INC
41 FORD RDWOODBRIDGECT06525264310293$10,000$0TO PROVIDE GENERAL OPERATING SUPPORT FOR THE VALLEY.
CENTRAL CONNECTICUT COAST YMCA
1240 CHAPEL STNEW HAVENCT06511060662195$20,000$0TO PROVIDE GENERAL OPERATING SUPPORT FOR THE VALLEY YMCA.
HOUSATONIC COUNCIL BOY SCOUTS OF AMERICA
111 NEW HAVEN AVEDERBYCT06418060646676$30,000$0TO PROVIDE GENERAL OPERATING SUPPORT.
SHELTON HISTORICAL SOCIETY
PO BOX 2155SHELTONCT06484061442022$23,000$0TO PROVIDE GENERAL OPERATING SUPPORT.
ST VINCENT DE PAUL OF THE VALLEY
237 ROOSEVELT DRDERBYCT06418061315760$32,000$0TO PROVIDE GENERAL OPERATING SUPPORT.
TRAVELER ON A MISSION
PO BOX 597ANSONIACT06401842357564$10,000$0TO PROVIDE GENERAL OPERATING SUPPORT.
CENTER STAGE THEATRE INC
54 GROVE STSHELTONCT06484205697112$25,000$0TO PROVIDE GENERAL OPERATING SUPPORT.
STORM ENGINE COMPANY AMBULANCE CORPS INC
151 OLIVIA STDERBYCT06418066078118$31,440$0TO PROVIDE GENERAL OPERATING SUPPORT.
LIFE HEALTH AND WELLNESS CENTER INC
195 NORTH MAIN STANSONIACT06401821934843$30,000$0TO PROVIDE GENERAL OPERATING SUPPORT.
BOYS & GIRLS CLUB OF THE LOWER NAUGATUCK VALLEY
1 POSITIVE PLSHELTONCT06484060653185$35,000$0TO PROVIDE GENERAL OPERATING SUPPORT.
CARTIE
326 NAVAJO LOOPSHELTONCT06484$15,000$0TO PROVIDE GENERAL OPERATING SUPPORT FOR THE VALLEY.
SEYMOUR PUBLIC SCHOOLS
2 BOTSFORD RDSEYMOURCT06483061246830$9,937$0TO SUPPORT A RECORDING STUDIO TO SUPPORT THE MUSIC PROGRAM.
OAK CLIFF CEMETERY ASSOCIATION
21 KOZEY LNSEYMOURCT06483060476630$55,654$0QUARTERLY ENDOWMENT DISTRIBUTION
A MORE BALANCED WORLD
25149 SMOKEWOOD WYSTEVENSON RANCHCA91381270729251$15,000$0TO SUPPORT THE UGANDA SCHOOL CONSTRUCTION
TEAM INC
30 ELIZABETH STDERBYCT06418060835182$12,500$0TO SUPPORT ONGOING HOUSING INITIATIVES
TEAM INC
30 ELIZABETH STDERBYCT06418060835182$10,000$0FOR THE GAIN INITIATIVE
BHCARE
127 WASHINGTON AVENORTH HAVENCT06473222598799$12,000$0FOR PCRC SCHOOL-BASED CLINIC / DERBY - START UP COSTS
BOYS & GIRLS CLUB OF THE LOWER NAUGATUCK VALLEY
1 POSITIVE PLSHELTONCT06484060653185$12,500$0FOR EXERGAME FOR ANSONIA CLUBHOUSE
HOLY TRINITY CATHOLIC ACADEMY
503 SHELTON AVESHELTONCT06484820896214$15,000$0TO SUPPORT NEW WINDOWS IN THE GYM.
GRIFFIN HOSPITAL
130 DIVISION STDERBYCT06418060647014$16,850$0TO SUPPRT PROGRAMS ADVANCING EDUCATION ABOUT AND TREATMENT OF MEN'S HEALTH ISSUES, PRIMARILY TO INCLUDE BUT NOT LIMITED TO PROSTATE CANCER, COLON CANCER AND RELATED ISSUES
OAK CLIFF CEMETERY ASSOCIATION
21 KOZEY LNSEYMOURCT06483060476630$55,654$0QUARTERLY ENDOWMENT DISTRIBUTION
VALLEY YMCA
PO BOX 373ANSONIACT06401060662195$5,379$0FOR GENERAL PURPOSES

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2FormAndLineReferenceDesc
ExplanationGRANTS ARE MONITORED USING THE ON-LINE GIVEGREATER PLATFORM VIA ORGANIZATION PROFILES THAT ARE UPDATED ANNUALLY DIRECTLY BY THE ORGANIZATION, FORMAL ANNUAL/FINAL REPORTING QUESTIONS OR GRANT REMITTANCE FORMS. GRANTS ARE ALSO MONITORED THROUGH NARRATIVE REPORTS REQUIRED TO BE SUBMITTED BY THE GRANTEES.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Independent ConsultantYes (X)IndependentConsultantInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsYes (1)AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
ANGELA POWERS
DIRECTOR$0$344,065$0$0$0$0$0$43,579$0$0$0$387,644$0$0
WENDY GAMBA
CHIEF FINANCIAL OFFICER$0$221,545$0$0$0$0$0$33,864$0$0$0$255,409$0$0
SHARON CLOSIUS
PRESIDENT & CEO$179,884$0$6,800$0$23,435$0$0$0$3,250$0$213,369$0$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 7:FormAndLineReferenceDesc
ExplanationBONUSES ARE AWARDED BASED ON THE ACHIEVEMENT OF SPECIFIC PERFORMANCE GOALS.ExplanationTxt

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution2ContributionCnt
Noncash Contributions Rpt F990$324,888NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMVMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (1)ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, COLUMN (B):FormAndLineReferenceDesc
ExplanationTHE AMOUNT REPORTED IN PART I(B) REPRESENTS THE NUMBER OF CONTRIBUTIONS.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 3UNDER THE AFFILIATION AGREEMENT BETWEEN THE VALLEY COMMUNITY FOUNDATION, INC. (THE FOUNDATION) AND THE COMMUNITY FOUNDATION, THE COMMUNITY FOUNDATION'S TAX EXEMPT CORPORATION, THE COMMUNITY FOUNDATION FOR GREATER NEW HAVEN, INC. PERFORMS THE INVESTMENT MANAGEMENT SERVICES TO THE FOUNDATION FOR ALL OF ITS PERMANENT COMPONENT AND NONPERMANENT CHARITABLE ASSETS. IN ADDITION THE COMMUNITY FOUNDATION PROVIDES FINANCIAL, HUMAN RESOURCES, PROGRAMMATIC, AND DEVELOPMENT STAFF EXPERTISE TO SUPPLEMENT THE VALLEY COMMUNITY FOUNDATION'S STAFF WORK.
FORM 990, PART VI, SECTION B, LINE 11BTHE 990 AND AUDITED FONANCIAL STATEMENTS ARE REVIEWED BY THE AUDIT COMMITEE, JOINTLY CONVENED WITH THE AFFILIATE, AND THE BOARD OF DIRECTORS BEFORE RELEASE AND SUBMISSION TO THE SERVICE AND THE GENERAL PUBLIC.
FORM 990, PART VI, SECTION B, LINE 12CALL STAFF AND BOARD MEMBERS MUST SIGN THE CONFLICT OF INTEREST POLICY ANNUALLY TO UPDATE ANY EXISTING AFFILIATIONS.
FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION ANALYSIS WAS PERFORMED BY AN OUTSIDE CONSULTING FIRM. THE ANALYSIS WAS ADOPTED BY THE EXECUTIVE COMMITTEE OF THE BOARD. THE CEO PERFORMANCE IS REVIEWED BY THE BOARD OF DIRECTORS.
FORM 990, PART VI, SECTION C, LINE 19FINANCIAL STATEMENTS ARE AVAILABLE ON THE WEBSITE OR UPON REQUEST. GOVERNING DOCUMENTS AND THE COI POLICY ARE AVAILABLE UPON REQUEST.
FORM 990, PART XI, LINE 9:MARKET RETURN - ORGANIZATION FUNDS -1,186,309.
FORM 990, PART XI, LINE 8THE VALLEY COMMUNITY FOUNDATION INC. RECEIVES AND DISTRIBUTES ASSETS FOR CERTAIN ENDOWMENT FUNDS THAT HAVE BEEN ESTABLISHED BY UNRELATED NONPROFIT ORGANIZATIONS FROM THEIR OWN RESOURCES FOR THE SOLE PURPOSE OF SUPPORTING THAT SPECIFIC NONPROFIT'S OPERATIONS. THE VALLEY COMMUNITY FOUNDATION INC. CHANGED ITS REPORTING OF THESE FUNDS ON FORM 990 FOR THE YEAR ENDED DECEMBER 31, 2023 TO REFLECT THE LIABILITY FOR ORGANIZATION FUNDS. FOR THE YEAR ENDED DECEMBER 31, 2022 THESE FUNDS WERE INCLUDED IN NET ASSETS WITHOUT DONOR RESTRICTIONS.
FORM 990, PART I, LINE 1 DESCRIPTION OF ORGANIZATION MISSIONTHE VALLEY COMMUNITY FOUNDATION'S MISSION IS TO MAKE THE VALLEY A BETTER PLACE TO LIVE AND WORK, BOTH NOW AND IN THE FUTURE, BY CONNECTING PRIVATE PHILANTHROPY TO THE LONG-TERM PUBLIC GOOD OF THE VALLEY.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1THE COMMUNITY FOUNDATION FOR GREATER NEW HAVENBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line170 AUDUBON STREETAddressLine1Txt
CityNEW HAVENCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06510ZIPCd
FieldValueIRS element (for citing)
EIN066032106EIN
Primary ActivitiesTO CREATE POSITIVE AND SUSTAINABLE CHANGE IN GREATER NEW HAVENPrimaryActivitiesTxt
Legal Domicile StateCTLegalDomicileStateCd
Exempt Code Section501 (C)(3)ExemptCodeSectionTxt
Public Charity StatusLINE 8PublicCharityStatusTxt
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (1)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

FieldValueIRS element (for citing)
Business Name Line1THE COMMUNITY FOUNDATION FOR GREATER NEW HAVENBusinessNameLine1Txt
FieldValueIRS element (for citing)
Transaction TypeCTransactionTypeTxt
Involved$1,197,737InvolvedAmt