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CCSU FOUNDATION INC

EIN 23-7354328 NEW BRITAIN, CT

Browse the largest nonprofits in Connecticut

Revenue 2024
$12,702,767
Expenses 2024
$5,899,163

Program services were 80.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
B43
Classification
1000
Street
PO BOX 612

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

Mission

THE CCSU FOUNDATION, INC. WAS CREATED IN 1971, AT THE REQUEST OF THE UNIVERSITY, AS A VEHICLE TO OBTAIN PRIVATE CONTRIBUTIONS TO SUPPORT EDUCATIONAL PROGRAMS AND RESEARCH AT CENTRAL CONNECTICUT STATE UNIVERSITY.

  • STUDENT SUPPORT-SCHOLARSHIP FUNDS ARE ADMINISTERED BY THE ORGANIZATION IN ACCORDANCE WITH DONOR INTENT AND APPLICABLE IRS GUIDELINES.

    Expenses $2,703,606 · Grants $2,665,046

  • AUXILIARY-TO ASSIST UNIVERSITY WITH SPECIAL AUXILIARY PROJECTS WHEN FUNDING WOULD NOT OTHERWISE BE AVAILABLE.

    Expenses $1,199,850 · Grants $929,033

  • ACADEMIC ENRICHMENT-ASSIST UNIVERSITY WITH SPECIAL ACADEMIC ENRICHMENT PROGRAMS.

    Expenses $649,337 · Grants $393,601

  • INSTITUTIONAL ENRICHMENT-ASSIST UNIVERSITY IN FUNDING SPECIAL INSTITUTIONAL ENRICHMENT PROJECTS WHEN FUNDING WOULD NOT OTHERWISE BE AVAILABLE.

    Expenses $196,033 · Grants $76,738 · Revenue $212,409

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • Alexander Lee

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5

  • Anthony S Torsiello

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Curtis Wiggins

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5

  • Ed Vescovi

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Janet Nahorney

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5

  • Joseph Matthew Jr

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5

  • Kristine Larsen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Lynn Tinker

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Maria Falvo

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Rachel Muli

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • Richard D Donovan

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Richard Spada

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Ululy Martinez

    CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Waldemar Kostrzewa

    PAST CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Jennifer Destefani

    EXECUTIVE DIRECTOR

    Total calculated
    $0
    Hours/week
    4

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. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $12,702,767
    Expenses
    $5,899,163
    Contributions
    $3,889,775
    Grants paid
    $4,064,418
  • 2023
    Revenue
    $7,649,091
    Expenses
    $5,008,544
    Contributions
    $2,275,221
    Grants paid
    $3,370,925
  • 2022
    Revenue
    $5,874,789
    Expenses
    $5,669,764
    Contributions
    $2,563,176
    Grants paid
    $4,108,244

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $11,725,462
    Expenses
    $5,451,902
    Assets (EOY)
    $90,256,311

  • 2020 · 990

    Revenue
    $8,584,903
    Expenses
    $4,118,275
    Assets (EOY)
    $99,811,824

  • 2019 · 990

    Revenue
    $5,053,801
    Expenses
    $4,108,347
    Assets (EOY)
    $81,174,111

  • 2018 · 990

    Revenue
    $11,041,890
    Expenses
    $4,588,247
    Assets (EOY)
    $81,770,188

  • 2017 · 990

    Revenue
    $9,763,025
    Expenses
    $4,332,463
    Assets (EOY)
    $77,657,474

  • 2016 · 990

    Revenue
    $5,841,045
    Expenses
    $3,563,695
    Assets (EOY)
    $71,236,005

  • 2015 · 990

    Revenue
    $7,160,511
    Expenses
    $3,541,510
    Assets (EOY)
    $62,749,443

  • 2014 · 990

    Revenue
    $8,122,915
    Expenses
    $3,017,270
    Assets (EOY)
    $62,654,220

  • 2013 · 990

    Revenue
    $12,571,466
    Expenses
    $2,981,064
    Assets (EOY)
    $61,458,289

  • 2012 · 990

    Revenue
    not reported
    Expenses
    $3,218,707
    Assets (EOY)
    $48,245,633

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

  • CENTRAL CT STATE UNIVERSITY

    $1,109,323

    2024 SUPPORT CCSU PROGRAMS

  • CENTRAL CT STATE UNIVERSITY

    $988,460

    2022 SUPPORT CCSU PROGRAMS

  • CENTRAL CT STATE UNIVERSITY

    $789,319

    2023 SUPPORT CCSU PROGRAMS

  • UNIVERSITY OF CONNECTICUT

    $95,888

    2022 EDUCATION

  • CCSU ALUMNI ASSOCIATION

    $51,072

    2022 SUPPORT CCSU PROGRAMS

  • CONNECTICUT AERONAUTICAL HISTORICAL ASSOCIATION INC

    $30,000

    2024 FLIGHT SIMULATOR

Where these grants went next →

Grants received

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

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared on its 2023 return

  • CENTRAL CT STATE UNIVERSITY

    501(C)(3) · EDUCATION · CT

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 13 October 2026, under deductibility PC.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 1 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.