Public Charity

Foundations in Faith Inc

Based in Norwalk, CT, Foundations in Faith Inc operates as a Public Charity. The organization reported $2.5M in revenue, $1.9M in expenses, $38.4M in total assets for fiscal year 2025. Imperigo tracks 5 reported grant relationships connected to this organization totaling approximately $4.3M.

EIN: 061448345 Norwalk, CT Latest filing: 2025
Total Revenue$2.5M
Total Expenses$1.9M
Total Assets$38.4M
Grant Records5
Funding Total$4.3M
Filing Years2021–2025

Mission

SUPPORT CATHOLIC EDUCATION, VOCATION, AND SEMINARY EDUCATION, PRIESTS' RESIDENCE AND RETIREMENT FUND AND DIOCESAN MINISTRIES AND PROGRAMS.

Where $100 goes at Foundations in Faith Inc

How Foundations in Faith Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$94 Programs the work itself
$6 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $94 for programs

$69
Support Catholic education, vocation, and seminary education, priests' residence and retirement fund and diocesan ministries and programs
73% of program spending
$25
Provide resources to build long-term sustainable parishes with vibrant and growing ministries
27% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Director Alicia Carpenter
Chair Andy Aoyama
Secretary Anne O Mccrory
Director Bishop Frank J Caggiano
DIRECTOR Daniel Mudd
Director Diane Kremheller

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$4,281,662 5 grants

Financial Trends

Year Revenue Expenses Assets
2025 $2.5M $1.9M $38.4M
2024 $1.1M $1.7M $35.5M
2023 $1.6M $1.3M $25.5M
2022 $3.1M $2.5M $25.8M
2021 $3.1M $5.0M $29.5M

Between 2021 and 2025, reported annual revenue declined from $3.1M to $2.5M (-20%), with total assets most recently reported at $38.4M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for Foundations in Faith Inc

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