Public Charity

NFA FOUNDATION INC

NFA FOUNDATION INC is a Public Charity headquartered in NORWICH, CT. Financial data from the 2025 filing: $4.6M revenue, $3.9M expenses, $92.3M total assets. IRS filings disclose 8 grants awarded by this foundation, totaling roughly $28.3M.

EIN: 222678033 NORWICH, CT Public Foundations NTEE: T30 Latest filing: 2025
Total Revenue$4.6M
Total Expenses$3.9M
Total Assets$92.3M
Grants Given8
Grant Total$28.3M
Filing Years2021–2025

Mission

THE NFA FOUNDATION ADVANCES OPPORTUNITIES AT NORWICH FREE ACADEMY BY SOLICITING, ACCEPTING, AND PRUDENTLY MANAGING DONATED AND ENDOWED FUNDS. THE FOUNDATION ACTIVELY BUILDS AWARENESS, ENGAGES ALUMNI, NURTURES RELATIONSHIPS, AND DEVELOPS PARTNERSHIPS TO BENEFIT THE ACADEMY'S STUDENTS, FACULTY, AND STAFF.

Where $100 goes at Nfa Foundation Inc

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

$87 Programs the work itself
$7 Management running the organization
$6 Fundraising raising the next dollar

Inside the $87 for programs

$87
The foundation primarily solicits and receives contributions and bequests for the Norwich free academy (nfa)
All 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 Allyn L Brown Iii
DIRECTOR (UNTIL 11/24) B Michael Rauh Jr
SECRETARY AND DIRECTOR Cheryl Ritacco
DIRECTOR Daniel King
DIRECTOR Denise Lindell
DIRECTOR Devol S Joyner

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$28,274,305 8 grants

Financial Trends

Year Revenue Expenses Assets
2025 $4.6M $3.9M $92.3M
2024 $5.5M $3.9M $85.8M
2023 $3.7M $3.8M $80.2M
2022 $5.4M $14.6M $77.1M
2021 $4.8M $5.6M $96.9M

Between 2021 and 2025, reported annual revenue declined from $4.8M to $4.6M (-4%), with total assets most recently reported at $92.3M.

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

Grant Geography

Grants from this foundation were reported to recipients in CT.

CT

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for NFA FOUNDATION INC

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