The Community Foundation for Greater New Haven
70 Audubon St
New Haven CT 06510
Contact Information
Address 70 Audubon St
New Haven, CT 06510-
Telephone (203) 777-2386 x
Fax 203-776-3872
E-mail contactus@cfgnh.org
Web and Social Media
Mission
The Community Foundation's mission is to create positive and sustainable change in Greater New Haven by increasing the amount of and enhancing the impact of community philanthropy.
At A Glance
Year of Incorporation 1928
Former Names
The New Haven Foundation
Organization's type of tax exempt status Public Supported Charity
Organization received a competitive grant from the community foundation in the past five years No
Leadership
CEO/Executive Director Mr. William W Ginsberg
Board Chair Kica Matos
Board Chair Company Affiliation Center for Community Change
Financial Summary
 
Projected Revenue $55,662,468.00
Projected Expenses $55,662,468.00
Statements
Mission The Community Foundation's mission is to create positive and sustainable change in Greater New Haven by increasing the amount of and enhancing the impact of community philanthropy.
Background The Community Foundation for Greater New Haven was established in 1928. For more than three generations, thousands of donors have built our community endowment by establishing permanent funds or making gifts to existing funds that distribute grants to a broad variety of issues and organizations. These donors, past and present, make their gifts to ensure that programs and causes that matter most to them will be supported today and forever. The Community Foundation for Greater New Haven is one of the oldest and largest community foundations in the United States and remains the largest grantmaker in a twenty town region located in South Central Connecticut.
Impact

The Community Foundation for Greater New Haven makes grants and distributions that carry out the intentions of donors and organizations, while responding to community needs and taking advantage of emerging opportunities.

The more we know, the stronger our community. To inspire learning and to foster the connections that strengthen community, The Community Foundation holds Convenings throughout the year. Each convening focuses on a specific topic; past convening topics include: the arts, issues affecting women and girls, education reform in Connecticut, Latino leadership, Immigration and New Haven and Violence in Our Community. 

giveGreater.org® continues to expand its role as a knowledge and online giving resource for nonprofits serving Greater New Haven. As a result of The Great Give®, more than $4 million has been distributed to local nonprofits since 2010.

Needs 1) to increase community philanthropy in our region to better meet the community's most pressing needs and take advantage of opportunities, today and tomorrow;
2) to increase the number of permanent endowments that support the community in perpetuity;
3) to strengthen the capacity of local nonprofits to ensure a healthy nonprofit sector;
4) to match donor interest with the local community’s needs and opportunities;
5) to maintain our record of strong investment management and performance.
CEO Statement


Service Categories
Primary Organization Category Philanthropy,Voluntarism & Grantmaking Foundations / Community Foundations
Areas Served
In a specific U.S. city, cities, state(s) and/or region.
Ansonia
Bethany
Branford
Cheshire
Derby
East Haven
Guilford
Hamden
Lower Naugatuck Valley
Madison
Milford
New Haven
North Branford
North Haven
Orange
Oxford
Seymour
Shelton
Shoreline
Wallingford
West Haven
Woodbridge
Ansonia
The Foundation serves a 20-town region in Connecticut, which includes Ansonia, Bethany, Branford, Cheshire, Derby, East Haven, Guilford, Hamden, Madison, Milford, New Haven, North Branford, North Haven, Orange, Oxford, Seymour, Shelton, Wallingford, West Haven and Woodbridge.
Programs
Description

As a donor you want to maximize your charitable gifts so that they serve the causes you are passionate about, now and long into the future. For decades The Community Foundation for Greater New Haven has been aligning donors’ wishes with the critical issues facing our community. With more than 800 named funds, we act as a steward for thousands of local individuals, families, nonprofits and businesses.

 

The Foundation accepts cash, real estate, securities or other assets, gifts by will, retirement plan assets, insurance, income interest, remainder interest, or bargain sale gifts. We are recognized by the IRS as a 501(c)3 organization, so your donations are tax deductible to the fullest extent of the law.

 

To establish a fund or donate to an existing fund visit www.cfgnh.org, or contact Angela Powers at apowers @ cfgnh.org or (203) 777-7068. Donations to individual nonprofits serving The Community Foundation’s 20-town region can be made right here on this site.

Population Served / /
Description

From conducting detailed research on area issues, to developing and disseminating reports and issues briefs, The Community Foundation for Greater New Haven works to educate and engage the community. The Foundation’s website www.cfgnh.org contains information about issues and opportunities that impact Greater New Haven. The information is organized in eight categories which include data, resources, research, and articles as well as stories about the work local nonprofits are doing to make a stronger community. It also a contains a Nonprofit Management Resource Center where nonprofit executives and staff can learn about best practices, tips and tools for organizational operations and links to resources on a variety of topics

 

Additionally throughout its history, The Community Foundation has identified opportunities to reduce and eliminate problems within the community, taking a leadership role in seizing these opportunities by convening community stakeholders and providing financial support. Recent examples include; The Community Fund for Women & Girls, New Haven Healthy Start, the Progreso Latino Fund, the Urban Prosperity Fund and The Quinnipiac River Fund.

Population Served / /
Description

The Community Foundation for Greater New Haven in partnership with Guidestar, a leading source of nonprofit information, promotes philanthropy in CT by offering this website, www.giveGreater.org. It is an online, searchable database of nonprofits serving Greater New Haven, which enables donors to learn about, connect with, and give to nonprofits, 24/7.

 

What Inspires You?

Whether you are passionate about education, environmental concerns, animal issues or numerous other causes, you are sure to find a nonprofit serving Greater New Haven in need of your help. Simply search for your passion at http://givegreater.org/.

 

Do You Inspire Others?

If you are a nonprofit whose initiatives support the needs of the Greater New Haven community and you have 501(c) (3) tax status be sure to request your free profile through givegreater@cfgnh.org.

Population Served / /
Description

The Foundation distributes millions of dollars in grants annually to nonprofit organizations serving South Central Connecticut. These grants fulfill the goals of dedicated donors, while also addressing critical community initiatives.

 

The Community Foundation for Greater New Haven also administers a wide variety of scholarship funds primarily benefitting New Haven County students. Through the “Scholarship” section of the website (www.cfgnh.org/Scholarships) students can access information about applying for these valuable funds, along with additional information on other area scholarships and helpful resources on locating student aid.

Population Served / /
Description

With a strong commitment to helping nonprofits succeed, The Foundation focuses on empowering Connecticut nonprofits with a wide variety of research-based information delivered through detailed issue briefs, reports, training sessions, and online tools. In particular, The Community Foundation’s online Nonprofit Management Resource Center (www.cfgnh.org/CapacityBuilding) gives nonprofits assistance with board management, fundraising initiatives, seeking grants, working with consultants and much more. In addition, The Foundation has developed an online community forum, http://www.gnhcommunity.org, along with social media initiatives and sponsored events.

Population Served / /
CEO/Executive Director
Mr. William W Ginsberg
Term Start Sept 2000
Email wginsberg@cfgnh.org
Experience Will Ginsberg has devoted his career to community issues, working at the local and national levels in community economic development, community banking, and community philanthropy.

William W. Ginsberg has served as President and Chief Executive Officer of The Community Foundation for Greater New Haven since 2000.  Mr. Ginsberg sserves on the boards of numerous local organizations including New Haven Promise, Yale-New Haven Hospital, the Connecticut Council on Education Reform, and the Connecticut Center for Arts and Technology. He recently completed a six-year term on the board of the Council on Foundations, the national trade association for the philanthropic sector. From 2006-09, Mr. Ginsberg served as a Gubernatorial appointee to the Connecticut Early Childhood Policy and Research Council. In 2011, Mr. Ginsberg received the Community Leadership Award from the Greater New Haven Chamber of Commerce, the community’s highest recognition for lifetime civic leadership.

Mr. Ginsberg served in the Clinton Administration from 1994 to 2000. He was nominated by President Clinton and confirmed by the Senate in 1994 as Assistant Secretary for Economic Development in the U.S. Department of Commerce, and served in 1995-6 as Chief of Staff to the late Secretary of Commerce Ronald H. Brown. He was Managing Director and Chief Operating Officer of the Federal Housing Finance Board, the Federal regulatory agency for the twelve regional Federal Home Loan Banks, from 1997-2000.

Mr. Ginsberg lived and worked in New Haven for a decade before going to Washington. As Development Administrator under Mayor DiLieto from 1984 to 1988, he was responsible for all development-related activities of New Haven’s municipal government. Ginsberg was President of the Science Park Development Corporation, a non-profit inner-city technology economic development entity, from 1988 to 1994.

Mr. Ginsberg graduated from Columbia Law School in 1980 and practiced law in New York City from 1980 to 1984. He graduated from Trinity College in 1976. He has been married for 35 years to Ellen Kelly Ginsberg, who directs Yale University’s efforts to create Asia’s first liberal arts college in collaboration with the National University in Singapore, and they have two children: Emily and Connor. Will and Kel live in New Haven.
Staff
Number of Full Time Staff 34
Number of Part Time Staff 0
Number of Volunteers 306
Staff Retention Rate 96%
Staff Demographics - Ethnicity
African American/Black 9
Asian American/Pacific Islander 1
Caucasian 21
Hispanic/Latino 3
Native American/American Indian 0
Other 0 0
Staff Demographics - Gender
Male 7
Female 27
Unspecified 0
Senior Staff
Title SVP for Investments Chief Financial Officer Chieff Compliance Officer
Experience/Biography Drew joined The Community Foundation for Greater New Haven in March 1994 and has served as the CFO of the institution for more than 16 years. In his role, he oversees the finance, investments, audit, tax and administrative facets of the institution. He also serves as the CFO of The Community Foundation’s affiliate, the Valley Community Foundation. Mr. Alden also serves on the governing bodies of The Whitney Center, The New Haven Cultural Development Corporation, the Old Saybrook Soccer Club, and the Connecticut River Lacrosse Club.

Prior to joining the Foundation, Mr. Alden was involved with small-mid market M&A work in Hartford, and prior to that, he was the CFO for a software development company. After graduating from Trinity in 1986, Mr. Alden spent four years working on pensions and retirement plans for the Aetna’s ALIAC division in Hartford.

Mr. Alden has a B.A. in Economics from Trinity College and an M.A. in Finance from Rensselaer Polytechnic Institute. He resides in Madison and is the proud parent of five children.
Title Senior Vice President for Organizational Effectiveness
Experience/Biography

Leon Bailey came to The Community Foundation with accomplishments in both the public and private sectors.  In the area of social services, Leon has a record of starting and directing innovative community based programs.   

His work with nonprofits includes starting the first Family Planning Clinic for men in the state of New Jersey and starting one of the first community-based alternative programs for incarceration for children in New Jersey and in the country. 

In the private sector, Leon was a partner in the optical industry with the franchising chain American Vision Centers and served as Vice President of Franchising.  He was instrumental in developing the operational processes that led to the success and ultimate sale of this company.  American Vision Centers acquired regional chains across the country and converted the stores into owner operated franchises. The growth of this company led its purchase by Pearl Vision Centers. 

Prior to joining The Community Foundation, Leon was Vice President of Human Resources for Dianon Systems in Stratford, an anatomical laboratory specializing in the diagnosis of cancer. At the height of Dianon’s growth, there were 3,000 employees nationally. 

Leon holds a Bachelor of Science from Rutgers University in Psychology, a Masters in Public Administration from New York University, a Masters of Divinity from New York Theological Seminary, and a Doctorate of Ministry.

Title Interim Sr. Vice President for Operations and Communications
Experience/Biography

Angela has more than 30 years in development, communications, marketing, and senior executive management and leadership. In her role, she oversees the development, marketing and communications activities, including stewardship.

 

Prior to joining The Community Foundation she was the first President of the Valley Community Foundation. Angela was also a partner with Ekstrom & Associates, a consulting firm of practitioners whose clients include community foundations, charitable organizations, families, individuals, and their advisors.  

 

Before joining Ekstrom & Associates, Angela directed the endowment campaign for the Quinnipiac University School of Law and served as its chief development officer. Prior to that, she served eight years as Director of Development and Communications of the then-called New Haven Foundation, now The Community Foundation for Greater New Haven. 

Earlier in her career, Angela was Director of the Annual Development Program at Quinnipiac University, directed membership and development at the DeCordova and Dana Museum in Lincoln, Massachusetts, and was a coordinator for the March of Dimes of Monmouth County, New Jersey. Angela also spent two years living and working in Greece.  

 

Angela earned her B.A. from Fairfield University in Connecticut and is a Certified Fund-Raising Executive and trained facilitator. She resides in Hamden with her husband, Bill, and their two sons.
Title Senior Vice President of Grantmaking & Strategy
Title Interim Sr. Vice President for Development and Donor Services
Formal Evaluations
CEO Formal Evaluation Yes
CEO/Executive Formal Evaluation Frequency Annually
Senior Management Formal Evaluation Yes
Senior Management Formal Evaluation Frequency Annually
Non Management Formal Evaluation Yes
Non Management Formal Evaluation Frequency Annually
Comments
CEO Comments Employees working for New Haven Healthy Start, a program of The Community Foundation for Greater New Haven, are included in the number of full time staff. 
Board Chair
Kica Matos
Company Affiliation Center for Community Change
Term Jan 2011 to Dec 2017
Board of Directors
NameAffiliation
Kalilah Brown-Dean
Emily Byrne Connecticut State Department of Education
Alicia Caraballo New Haven Public Schools
Roxanne Coady R.J. Julia Booksellers
Kellyann Day
Joe Gordon Yale
Carlton Highsmith
Kica Matos Center for Community Change
Flemming Norcott Jr. Retired
James E. Ryan Shelton Economic Development Corporation
Board Demographics - Ethnicity
African American/Black 3
Asian American/Pacific Islander 1
Caucasian 5
Hispanic/Latino 2
Native American/American Indian 0
Other 0 0
Board Demographics - Gender
Male 5
Female 6
Unspecified 0
Board Co-Chair
James Ryan
Company Affiliation Retired
Term Jan 2012 to Dec 2018
Standing Committees
Audit
Board Governance
Investment
Development / Fund Development / Fund Raising / Grant Writing / Major Gifts
Finance
Education
 
 
Financials
Fiscal Year Start Jan 01 2016
Fiscal Year End Dec 31 2016
Projected Revenue $55,662,468.00
Projected Expenses $55,662,468.00
Spending Policy Percentage
Credit Line No
Reserve Fund Yes
Other Documents
Other Documents 3
NameYear
Why Not Forever2015View
Annual Report2015View
Detailed Financials
Prior Three Years Total Revenue and Expense Totals ChartHelpFinancial data for prior years is entered by foundation staff based on the documents submitted by nonprofit organizations.Foundation staff members enter this information to assure consistency in the presentation of financial data across all organizations.
Fiscal Year201420132012
Total Revenue$51,684,416$49,800,638$54,294,041
Total Expenses$27,510,642$27,279,866$26,320,880
Prior Three Years Revenue Sources ChartHelpThe financial analysis involves a comparison of the IRS Form 990 and the audit report (when available) and revenue sources may not sum to total based on reconciliation differences. Revenue from foundations and corporations may include individual contributions when not itemized separately.
Fiscal Year201420132012
Foundation and
Corporation Contributions
$23,488,824$21,763,689$17,910,009
Government Contributions$531,732$769,136$900,000
Federal----$900,000
State------
Local------
Unspecified$531,732$769,136--
Individual Contributions------
------
------
Investment Income, Net of Losses$27,663,860$27,267,813$35,484,032
Membership Dues------
Special Events------
Revenue In-Kind------
Other------
Prior Three Years Expense Allocations Chart
Fiscal Year201420132012
Program Expense$23,332,037$23,117,438$22,011,575
Administration Expense$2,493,683$2,484,027$3,089,811
Fundraising Expense$1,684,922$1,678,401$1,219,494
Payments to Affiliates------
Total Revenue/Total Expenses1.881.832.06
Program Expense/Total Expenses85%85%84%
Fundraising Expense/Contributed Revenue7%7%6%
Prior Three Years Assets and Liabilities Chart
Fiscal Year201420132012
Total Assets$443,530,278$416,295,565$363,752,780
Current Assets$17,124,979$15,080,330$12,790,395
Long-Term Liabilities$562,332$552,145$540,560
Current Liabilities$1,300,963$2,893,625$3,242,652
Total Net Assets$441,666,983$142,849,795$359,969,568
Prior Three Years Top Three Funding Sources
Fiscal Year201420132012
Top Funding Source & Dollar Amount -- --The Community Foundation of North West Connecticut $2,697,687
Second Highest Funding Source & Dollar Amount -- --Connecticut Association for the Performing Arts $2,500,000
Third Highest Funding Source & Dollar Amount -- -- --
Solvency
Short Term Solvency
Fiscal Year201420132012
Current Ratio: Current Assets/Current Liabilities13.165.213.94
Long Term Solvency
Fiscal Year201420132012
Long-Term Liabilities/Total Assets0%0%0%
Capitial Campaign
Currently in a Capital Campaign? No
Comments
Foundation Staff Comments
All financial data is based on 990s and audited financial statements.
1. In previous 3 yrs fiscal data the 'Other Revenue' includes Unrealized Gains/Losses and Organization Endowments
2. In previous 3 years fiscal data 'Foundation and Corporations' also includes individual contributions
 
 
Address 70 Audubon St
New Haven, CT 06510
Primary Phone 203 777-2386
Contact Email contactus@cfgnh.org
CEO/Executive Director Mr. William W Ginsberg
Board Chair Kica Matos
Board Chair Company Affiliation Center for Community Change

 

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