Public Charity

THE HARTFORD DISPENSARY ENDOWMENT CORPORATION

THE HARTFORD DISPENSARY ENDOWMENT CORPORATION, of MANCHESTER, CT, is a Public Charity tracked in Imperigo's IRS 990 database. The 2017 filing shows $579K in revenue, $368K in expenses, $39.6M in total assets. IRS filings disclose 2 grants awarded by this foundation, totaling roughly $216K.

EIN: 222948682 MANCHESTER, CT Latest filing: 2017
Total Revenue$579K
Total Expenses$368K
Total Assets$39.6M
Grants Given2
Grant Total$216K
Filing Years2017

Mission

TO SUPPORT THE HARTFORD DISPENSARY HEALTH CARE SYSTEM AND TO SUPPORT OTHER COMMUNITY ACTIVITIVES AND INITATIVES THAT ARE IN LINE WITH ITS MISSION. THE HARTFORD DISPENSARY ENDOWMENT CORPORATION'S BOARD OF DIRECTORS IS COGNIZANT THAT THE HARTFORD DISPENSARY HEALTH CARE SYSTEM AND OTHER AGENCIES ARE SUBJECT TO SIGNIFICANT UNCERTAINTY IN THE FUTURE OF THE METHODS, AMOUNTS AND ADEQUACY OF THE REIMBURSEMENT FOR THE SERVICES IT PROVIDES TO THE COMMUNITY. MOST OF THE HEALTH CARE SYSTEM'S REVENUES ARE DEPENDENT UPON STATE FUNDING. THE DISPENSARY HAD EXPERIENCED GREAT CHANGES IN THE FUNDING IN RECENT YEARS. THE BOARD HAS AN OBJECTIVE TO BUILD ITS ENDOWMENT TO ENABLE THE HARTFORD DISPENSARY HEALTH CARE SYSTEM TO ENDURE THE LOSS OR REDUCTION IN FUNDING, WHILE CONTINUING ITS VITAL PROGRAMS FOR A PERIOD OF TIME. THE BOARD ALSO HAS THE OBJECTIVE TO PROVIDE THE HEALTH CARE SYSTEM WITH WORKING CAPITAL SUFFICIENT TO FUND CAPITAL PROJECTS SHOULD OUTSIDE FUNDING NOT BE AVAILABLE.

Where $100 goes at The Hartford Dispensary Endowment Corporation

How The Hartford Dispensary Endowment Corporation divides every $100 it spends, from its own Form 990 filings.

$59 Programs the work itself
$41 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 $59 for programs

$45
To provide operating support and assistance to hartford dispensary
76% of program spending
$14
To provide educational fellowship to behavioral health organization to assist in research
24% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2017. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Given

MANCHESTER, CT · 2016
TO FUND VARIOUS PROJECTS AND PROGRAMS.
$165,796
RUSHFORD ADVISOR OF HHC
2016
ASSIST IN RESEARCH
$50,000

Showing up to 5 of 2 total records — full history available with membership.

Officers & Directors

dirECTOR Bruce Simons
SECRETARY Darcie Boiano
DIRECTOR Elliott B Pollack
chairman/director Eric M Zachs
executive director Paul Mclaughlin
PRESIDENT/Ceo Steven Zuckerman

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$165,796 1 grant
Research & Policy
$50,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2017 $579K $368K $39.6M

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.

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