Mission
COLLABORATING WITH PARTNERS TO PUT PHILANTHROPY INTO ACTION TO ADDRESS THE NEEDS, RIGHTS AND INTERESTS OF OUR COMMUNITY IN EASTERN CONNECTICUT.
Community Foundation
THE COMMUNITY FOUNDATION OF EASTERN CONNECTICUT INC
Based in NEW LONDON, CT, THE COMMUNITY FOUNDATION OF EASTERN CONNECTICUT INC operates as a Community Foundation. The organization reported $13.1M in revenue, $10.4M in expenses, $127.4M in total assets for fiscal year 2024. Imperigo tracks 50 reported grant relationships connected to this organization totaling approximately $1.7M.
EIN: 061080097
NEW LONDON, CT
Community Foundations
NTEE: T31
Latest filing: 2024
Total Revenue$13.1M
Total Expenses$10.4M
Total Assets$127.4M
Grant Records50
Funding Total$1.7M
Filing Years2019–2024
Where $100 goes at The Community Foundation of Eastern Connecticut Inc
How The Community Foundation of Eastern Connecticut Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
$88
Programs
the work itself
$8
Management
running the organization
$4
Fundraising
raising the next dollar
Inside the $88 for programs
$73
General grants:provide support to various 501c(3) organizations in our forty-two town service area
$11
Scholarship awards:tuition assistance for students who are just entering college and those who are already enrolled
$4
Women & girlsone of the foundation's long standing initiatives is its women & girls fund
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
For grant recipient's exempt purposes
$88,875
PUBLIC, SOCIETAL BENEFIT
$77,750
GENERAL SUPPORT
$35,574
PHILANTHROPY
$20,300
FOR RECIPIENT'S EXEMPT PURPOSE
$19,809
Showing up to 5 of 50 total records — full history available with membership.
Officers & Directors
TRUSTEE
Barbara Sahagan
SECRETARY
Carol Williams
TRUSTEE
Catherine Marrion
TRUSTEE
Izaskun Larraneta
CFO UNTIL 05/15/24
Janet Grant
PROGRAM DIRECTOR
Jennifer O'brien
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $13.1M | $10.4M | $127.4M |
| 2023 | $17.3M | $9.9M | $121.8M |
| 2022 | $10.4M | $8.8M | $106.5M |
| 2020 | $12.2M | $10.6M | $114.1M |
| 2019 | $8.2M | $7.5M | $99.8M |
Between 2019 and 2024, reported annual revenue grew from $8.2M to $13.1M (+60%), with total assets most recently reported at $127.4M.
Interactive year-over-year charts and full filing details available with membership.