Skip to content
Nonprofiteer
← GUILFORD FOUNDATION INC

Form 990 for tax year 2023

Filed by GUILFORD FOUNDATION INC.

Totals

Total revenue
$1,108,399
Total expenses
$1,129,387
Contributions and grants received
$940,236
Grants paid
$831,836
Program service revenue
$23,773
Investment income
$144,390
Other revenue
$0
Total assets, end of year
$6,584,711
Total liabilities, end of year
$10,627
Net assets or fund balances, end of year
$6,574,084
Program services expenses (Part IX)
$887,184
Management and general expenses
$174,269
Fundraising expenses
$67,934
Program service expenses (Part III)
$887,184

Program services were 78.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $500,000

  • 1f · All other contributions, gifts and grants

    $440,236

  • 2a · Program service revenue: OTHER INCOME AND OPERATING FEES

    total $23,773 · related or exempt $23,773

  • 3 · Investment income

    total $144,390 · excluded $144,390

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $831,836 · program services $831,836

  • 2 · Grants to domestic individuals

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $43,055 · program services $14,351 · management and general $14,352 · fundraising $14,352

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $34,982 · program services $11,661 · management and general $11,661 · fundraising $11,660

  • 8 · Pension plan contributions

    total $0

  • 9 · Other employee benefits

    total $0

  • 10 · Payroll taxes

    total $7,201 · program services $2,400 · management and general $2,401 · fundraising $2,400

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $0

  • 11c · Fees: accounting

    total $5,940 · program services $1,980 · management and general $1,980 · fundraising $1,980

  • 11d · Fees: lobbying

    total $0

  • 11f · Fees: investment management

    total $88,886 · management and general $88,886

  • 11g · Fees: other

    total $36,993 · management and general $36,993

  • 12 · Advertising and promotion

    total $21,317 · fundraising $21,317

  • 13 · Office expenses

    total $18,631 · program services $12,030 · management and general $3,301 · fundraising $3,300

  • 14 · Information technology

    total $19,217 · program services $6,406 · management and general $6,405 · fundraising $6,406

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $0

  • 17 · Travel

    total $1,768 · management and general $1,768

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $0

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $0

  • 23 · Insurance

    total $4,716 · program services $1,572 · management and general $1,572 · fundraising $1,572

  • 24a · Other expenses: PRINTING AND PUBLICATIONS

    total $11,081 · program services $3,694 · management and general $3,694 · fundraising $3,693

  • 24b · Other expenses: SUPPLIES

    total $1,999 · program services $666 · management and general $667 · fundraising $666

  • 24c · Other expenses: POSTAGE

    total $1,765 · program services $588 · management and general $589 · fundraising $588

  • 24e · All other expenses

    total $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $157,331 · end of year $143,983

  • 2 · Savings and temporary cash investments

    beginning of year $2,814 · end of year $972

  • 4 · Accounts receivable

    beginning of year $8,380 · end of year $9,565

  • 10a · Land, buildings and equipment: cost or other basis

    $2,410

  • 10b · Land, buildings and equipment: accumulated depreciation

    $2,410

  • 12 · Investments: other securities

    beginning of year $6,144,537 · end of year $6,430,191

  • 17 · Accounts payable and accrued expenses

    beginning of year $500 · end of year $10,627

  • 27 · Net assets without donor restrictions

    beginning of year $6,312,562 · end of year $6,574,084

Mission and programs · 2023

Mission

TO ENRICH THE QUALITY OF LIFE IN OUR COMMUNITY BY CONNECTING PEOPLE WHO CARE WITH CAUSES THAT MATTER, NOW AND FOR GENERATIONS TO COME.

  • WE PROVIDE GRANTS TO SUPPORT THE QUALITY OF LIFE IN GUILFORD, CT INCLUDING BASIC NEEDS, ARTS CULTURE, THE ENVIRONMENT, YOUTH, SENIORS, HUMAN SERVICES. GRANTS, AND SCHOLARSHIPS AND PRIZES TO SUPPORT GUILFORD STUDENTS WHO ARE PURSUING POST-SECONDARY EDUCATION.

    Expenses $887,184 · Grants $831,836

As filed on the 2023 return.

Listed in Part VII

  • Petra Elizabeth

    EXECUTIVE DIRECTOR

    Total calculated
    $43,055
    From this org
    $43,055
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Blanton Sarah

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Errante Votto Stacy

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Fan Linda

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Fernandez Ashley

    SECRETARY

    Total calculated
    $0
    Hours/week
    5

  • Gribble Betsy

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Hegedus Stephen J

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Hodgson Chris

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Hyman John

    TREASURER

    Total calculated
    $0
    Hours/week
    5

  • Little Brown Stephanie

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Meyers Judith

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Moffett Maggie

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Rice Jeffrey

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Sulpasso Alexander

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    5

  • Vanderwiede Kristin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Weber Linda

    CHAIR

    Total calculated
    $0
    Hours/week
    5

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, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2023
Filed
15 September 2024
IRS schema version
2023v5.1
Source object
202442599349300719

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.