Form 990 for tax year 2024
Filed by COMMUNITY FOUNDATION FOR GREATER NEW HAVEN.
Totals
- Total revenue
- $55,709,123
- Total expenses
- $43,280,021
- Contributions and grants received
- $31,869,899
- Grants paid
- $23,526,591
- Program services expenses (Part IX)
- $32,815,338
- Management and general expenses
- $9,101,810
- Fundraising expenses
- $1,362,873
- Program service expenses (Part III)
- $32,815,338
Program services were 75.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Listed in Part VII
-
MICHAEL MORAND
DIRECTOR (FROM 1/2024)
- Total calculated
- $0
- Hours/week
- 1
-
GREG PEPE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
FERNANDO J MUNIZ
VICE-CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
EMILY WANG
DIRECTOR (FROM 1/2024)
- Total calculated
- $0
- Hours/week
- 1
-
MARCELLA NUNEZ-SMITH
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
TERRY JONES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
VALARIE SHULTZ WILSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
ENOLA AIRD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
VLAD CORIC
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
KEITH CHURCHWELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
HEATHER TOOKES ALEXOPOULOS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
KEYBANK NATIONAL ASSOCIATION
TRUSTEE COMMITTEE
- Total calculated
- $0
- Hours/week
- 1
-
WELLS FARGO BANK NA
TRUSTEE COMMITTEE
- Total calculated
- $0
- Hours/week
- 1
-
BANK OF AMERICA MERRILL LYNCH
TRUSTEE COMMITTEE
- Total calculated
- $0
- Hours/week
- 1
-
WILLIAM W GINSBERG
PRESIDENT & CEO (LEFT 11/2024)
- Total calculated
- $636,648
- From this org
- $557,085
- From related orgs
- $0
- Other
- $79,563
- Hours/week
- 40 + 1 related
Schedule J breakdown matched by us
- Base
- $489,958
- Bonus
- $58,856
- Other
- $8,271
- Deferred
- $44,567
- Nontaxable benefits
- $34,996
- Filer's total
- $636,648
-
ANDREW F ALDEN
CHIEF INVESTMENT OFFICER
- Total calculated
- $463,618
- From this org
- $401,006
- From related orgs
- $0
- Other
- $62,612
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $398,860
- Bonus
- $0
- Other
- $2,146
- Deferred
- $32,080
- Nontaxable benefits
- $30,532
- Filer's total
- $463,618
-
WENDY GAMBA
CHIEF FINANCIAL OFFICER
- Total calculated
- $268,880
- From this org
- $229,925
- From related orgs
- $0
- Other
- $38,955
- Hours/week
- 37.5 + 1 related
Schedule J breakdown matched by us
- Base
- $229,659
- Bonus
- $0
- Other
- $266
- Deferred
- $18,394
- Nontaxable benefits
- $20,561
- Filer's total
- $268,880
-
KAREN DUBOIS-WALTON
PRESIDENT & CEO (START 11/2024)
- Total calculated
- $60,518
- From this org
- $54,543
- From related orgs
- $0
- Other
- $5,975
- Hours/week
- 40 + 1 related
-
CHRISTINA CIOCIOLA
SR. VP FOR GRANT MAKING
- Total calculated
- $327,417
- From this org
- $301,311
- From related orgs
- $0
- Other
- $26,106
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $300,800
- Bonus
- $0
- Other
- $511
- Deferred
- $24,105
- Nontaxable benefits
- $2,001
- Filer's total
- $327,417
-
DOROTHY WESTON-MURPHY
SR. VP FOR DEVELOPMENT
- Total calculated
- $297,108
- From this org
- $264,257
- From related orgs
- $0
- Other
- $32,851
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $261,438
- Bonus
- $0
- Other
- $2,819
- Deferred
- $21,141
- Nontaxable benefits
- $11,710
- Filer's total
- $297,108
-
LEON BAILEY
SR. VP FOR ORGANIZATIONAL
- Total calculated
- $294,149
- From this org
- $262,256
- From related orgs
- $0
- Other
- $31,893
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $260,723
- Bonus
- $0
- Other
- $1,533
- Deferred
- $20,980
- Nontaxable benefits
- $10,913
- Filer's total
- $294,149
-
CHRISTOPHER KOLER
MANAGING DIRECTOR, INVESTMENTS
- Total calculated
- $219,551
- From this org
- $201,891
- From related orgs
- $0
- Other
- $17,660
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $201,796
- Bonus
- $0
- Other
- $95
- Deferred
- $16,151
- Nontaxable benefits
- $1,509
- Filer's total
- $219,551
-
YOLANDA CALDERA-DURANT
VP FOR PROGRAM & COMMUNITY ENGAGEMENT
- Total calculated
- $215,577
- From this org
- $180,220
- From related orgs
- $0
- Other
- $35,357
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $179,886
- Bonus
- $0
- Other
- $334
- Deferred
- $14,418
- Nontaxable benefits
- $20,939
- Filer's total
- $215,577
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Independent compensation consultant
- 3 · Form 990 of other organizations
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 7 · Other non-fixed payments
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 7
- ON AN ANNUAL BASIS, THE BOARDS DETERMINES THE AMOUNT OF ANY BONUS.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$2,800,000
LIBERTY BANK EQ2 PAYMENT
-
THE VALLEY COMMUNITY FOUNDATION INC
$1,288,552
GRANT TO RELATED ORGANIZATION '
-
$1,163,995
FOR THE BENEFIT OF THE NEW HAVEN MUSEUM AND HISOTRICAL SOCIETY, FOR GENERAL PURPOSES.
-
NEW HAVEN MUSEUM AND HISTORICAL SOCIETY
$1,136,170
FOR THE BENEFIT OF THE NEW HAVEN COLONY HISTORICAL SOCIETY, INC., FOR GENERAL PURPOSES.
-
$570,000
TO SUPPORT OPERATIONS AND CAPITAL CONSTRUCTION
-
$447,450
SERVE AS A CATALYST FOR GIVING TO THE ORGANIZATION THROUGH THE GREAT GIVE. USE IS UNRESTRICTED
-
FOR GENERAL SUPPORT
-
$369,521
FOR THE DELTA PROGRAM
-
UNITED WAY OF GREATER NEW HAVEN
$363,082
TO SUPPORT THE SUMMER YOUTH FUND
-
$316,476
ENDOWMENT DISTRIBUTION
The 10 largest by cash amount. The API serves every itemized grant.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
THE VALLEY COMMUNITY FOUNDATION INC - 84-1637102
501(C)(3) · CONNECTS PRIVATE PHILANTHROPY TO THE LONG-TERM PUBLIC GOOD · CT
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 17 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202543219349314969
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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