Public Charity

THE PROSPERITY FOUNDATION INC

THE PROSPERITY FOUNDATION INC, of NEW HAVEN, CT, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $2.7M in revenue, $3.2M in expenses, $2.2M in total assets. 7 publicly reported grants to this organization, totaling roughly $3.4M, appear in IRS filings.

EIN: 474364468 NEW HAVEN, CT Latest filing: 2024
Total Revenue$2.7M
Total Expenses$3.2M
Total Assets$2.2M
Grant Records7
Funding Total$3.4M
Filing Years2019–2024

Mission

CULTIVATE AND GROW BLACK COMMUNITIES IN CONNECTICUT THROUGH CAPACITY-BUILDING SOLUTIONS. OUR MISSION IS TO CREATE A BRIGHTER FUTURE FOR ALL COMMUNITY MEMBERS AND WORK TOWARD A MORE EQUITABLE SOCIETY FOR EVERYONE.

Officers & Directors

DIRECTOR Adrienne Cochrane
DIRECTOR Brian Cook
TREASURER Donna Lecky
CHAIR/PRESIDENT Howard Hill
VICE PRESIDENT Larry Conaway
EXECUTIVE DIRECTOR Orsella Hughes

Officer compensation and complete director data available with membership.

Top Grant Purposes

COMMUNITY AND ECONOMIC DEVELOPMENT
$2,000,000 2 grants
Unspecified
$1,100,000 1 grant
CT FUNDERS
$150,000 1 grant
GENERAL CIVIC ENGAGE/SOCIAL JUSTICE
$100,000 2 grants
UNRESTRICTED
$6,256 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $2.7M $3.2M $2.2M
2023 $2.0M $2.0M $4.0M
2022 $1.8M $546K $1.9M
2020 $329K $114K $475K
2019 $158K $167K $228K

Between 2019 and 2024, reported annual revenue grew from $158K to $2.7M (+1616%), with total assets most recently reported at $2.2M.

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

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