New Canaan Community Foundation Inc
Only null% goes to programs Strong reserves Growing revenue
New Canaan Community Foundation Inc is a 501(c)(3) organization based in New Canaan, Connecticut, registered in 1978, with $9,847,106 in FY2024 revenue. CharityIndex grades it B.
111 Cherry Street, New Canaan, CT, 06840 EIN 06-0970466 Since 1978
Revenue (FY2024)
$9.8M
▲ 181.7% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$3.6M
Net assets
$31.5M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for New Canaan Community Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating106 mo reserves · +64% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For New Canaan Community Foundation Inc: 106 mo reserves · +64% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for New Canaan Community Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For New Canaan Community Foundation Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 111 Cherry Street, New Canaan, CT, 06840
- City
- New Canaan
- State
- Connecticut
- Subcategory
- Public Foundations
- Website
- …
Financial trends
Revenue grew from $3.4M (FY2016) to $9.8M (FY2024) across 9 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $467KNet assets $31.5M
Operating margin
63.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$32.0M
Total liabilities
$467K
Net assets
$31.5M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $9,847,106▲182% | $3,559,033▼29.1% | $31,545,191▲18.6% | $32,012,168▲19.5% | 990 |
| 2023 | $3,495,364▲19.9% | $5,018,284▲86.9% | $26,600,931▲4.2% | $26,789,085▲4.0% | 990 |
| 2022 | $2,915,669▼36.8% | $2,685,577▼24.3% | $25,517,819▲8.9% | $25,768,610▲9.0% | 990 |
| 2021 | $4,615,440▲20.6% | $3,548,471▲31.2% | $23,440,305▼15.6% | $23,646,798▼15.3% | 990 |
| 2020 | $3,828,289▼7.1% | $2,703,752▲8.5% | $27,762,695▲28.3% | $27,907,430▲27.4% | 990 |
| 2019 | $4,122,640▲71.8% | $2,492,431▲12.1% | $21,632,755▲11.7% | $21,901,044▲12.0% | 990 |
| 2018 | $2,399,742▼30.5% | $2,223,379▲13.6% | $19,365,152▲3.3% | $19,555,218▲3.2% | 990 |
| 2017 | $3,450,675▲1.0% | $1,957,440▼48.0% | $18,746,864▲8.5% | $18,950,459▲8.6% | 990 |
| 2016 | $3,417,846 | $3,767,859 | $17,278,485 | $17,454,673 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $1.8M total
58 grants to New Canaan Community Foundation Inc totaling $1.8M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Silver Hill Hospital Inc | Community benefit fund and scholarships to students studying health care | 2024 | $50,000 |
| American Online Giving Foundation Inc | General support | 2024 | $17,175 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Community & human services | 2024 | $15,250 |
| Amalgamated Charitable Foundation Inc | General operating support | 2024 | $15,000 |
| Ayco Charitable Foundation | Community & human services | 2024 | $6,750 |
| Community Foundation of New Jersey | Community foundations or charitable trusts | 2024 | $6,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $186,798 |
| Silver Hill Hospital Inc | Community benefit fund and scholarships to students studying health care | 2023 | $50,000 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $46,250 |
| Donor Advised Charitable Giving | Public, societal benefit | 2023 | $35,400 |
| The Chicago Community Trust | General support for programs, operations and other charitable purposes | 2023 | $26,000 |
| Williams College | Program support | 2023 | $16,185 |
| American Online Giving Foundation Inc | General support | 2023 | $11,786 |
| National Philanthropic Tr | Religion | 2023 | $6,250 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $132,154 |
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Frequently asked questions
- Is New Canaan Community Foundation Inc a legitimate nonprofit?
- Yes. New Canaan Community Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 06-0970466, based in New Canaan, Connecticut. Donations are tax-deductible.
- What is New Canaan Community Foundation Inc's EIN?
- New Canaan Community Foundation Inc's Employer Identification Number (EIN) is 06-0970466.
- How much revenue does New Canaan Community Foundation Inc report?
- New Canaan Community Foundation Inc reported $9,847,106 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does New Canaan Community Foundation Inc have?
- CharityIndex grades New Canaan Community Foundation Inc B, based on financial health (reserves and operating margin).
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Data for New Canaan Community Foundation Inc (EIN 06-0970466) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.