Foundation of the Greater New Haven Chamber of Commerce
900 Chapel Street
10th Floor
New Haven CT 06510
Contact Information
Address 900 Chapel Street
10th Floor
New Haven, CT 06510-
Telephone (203) 787-6735 x
Fax 203-782-4329
E-mail jtakami@gnhcc.com
Web and Social Media
Thank you CT Agricultural Experiment Station

Mission
The Foundation of the Greater New Haven Chamber of Commerce receives and administers gifts, grants and contributions and assists local and state government leaders in community development programs. 
At A Glance
Year of Incorporation 1994
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. Garrett Sheehan
Board Chair Ms. Jennifer DelMonico
Board Chair Company Affiliation Murtha Cullina LLP
Financial Summary
Revenue vs Expenses Bar Graph - All Years
Statements
Mission The Foundation of the Greater New Haven Chamber of Commerce receives and administers gifts, grants and contributions and assists local and state government leaders in community development programs. 
Background

Established in 1994, The Foundation of the Greater New Haven Chamber of Commerce’s purpose is to solicit, receive, and administer gifts and financial resources from private sources for the benefit of programs administered by Greater New Haven Chamber of Commerce. The Foundation of the Greater New Haven Chamber of Commerce's two primary programs are The New Haven Science Fair program and the Greater New Haven Chamber’s Scholarship program.

The Foundation has responsibility for the election of board members who will support Greater New Haven Chamber’s educational programs and initiatives. The elected board of directors is an influential group that assumes the responsibilities of governing the foundation. The vital components of the Foundation’s fund-raising programs include: gifts of cash, and corporate and private foundation gifts. Monies raised help fund scholarships, support services for staff and consultants, and initiatives that promote the Foundation’s philanthropic leadership goal.

As a nonprofit organization, The Foundation of the Greater New Haven Chamber of Commerce is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code. Donations to The Foundation of the Greater New Haven Chamber of Commerce are tax-deductible.

Impact

The Foundation of the Greater New Haven Chamber administers two programs: The New Haven Science Fair program: dedicated to improving the quality of science and math education in the New Haven Public Schools grades Pre-K-12; and The GOAL Scholarship program, dedicated to supporting our future workforce.

The Science Fair's success is due to its partnership involving businesses, universities, foundations, & the public, working with the public schools' teachers, students, parents & administrators. Its goal is to work with children and teachers from Pre-K to Grade 12, to help them carry out investigative hands-on science fair projects, in order to promote skills in critical thinking, science process and communication. Over 7,000 New Haven students and 43 schools participate in the New Haven Science Fair, utilizing more than 230 volunteers for mentoring and judging. Our goal for 2018-2019 is to continue to expand the science fair program utilizing it as an opportunity to address the opportunity to repair a faulty pipeline of prepared workers for the future of STEM and other future manufacturing opportunities in the state. 

The GOAL Scholarship program supports college students by giving scholarships to New Haven-area students interested in pursuing a college degree in business. In summer 2015, The Foundation partnered with BlumShapiro to hold the 22nd annual golf tournament, which raised $9,200 for GOAL  to benefit six undergraduates in the region. The Foundation credits this success to the launch of a new online-giving campaign on www.youcaring.COM/GOAL, which featured a video of past scholarship recipients and accepted online donations. The results were an $8,300 increase from 2014, which allowed the scholarship program to benefit three additional students. To date, the fund has raised more than $50,000 to support undergraduate students. 100% of donations go directly to the scholarship recipients.

The Foundation credits its success to sponsors, private donors, mentors and volunteers. Its 2018 goals are to continue  The New Haven Science Fair program and GOAL Scholarship program, and to build an internship program that helps students with finding internships, building invaluable soft-skills, and gaining real-world experience.

Needs

The Foundation is seeking $120,000.00 for program  support for 3 programs: New Haven Science Fair program; GOAL Scholarship program; and internship Program. With the Science Fair ,  specifically, 100,000.00 3 year project development  for the creation of a new component of the science fair program which will help increase the students entering the STEM pipeline and preparing for new jobs in the global workforce environment. 

These funds will help defray the administrative costs needed to support the Science Fair that serves 8,000 students in 43 New Haven schools. Costs include but are not limited to staffing, program costs related to supplies, services such as professional development webinars, and publications. 
 

Funding for the Foundation’s GOAL program will enable students to pursue a college degree in business. Funds for the internship program will give interns a valuable opportunity to accumulate new skills and contribute substantially to their future employment.

The Foundation of the Greater New Haven Chamber will use these finances to multiply the impact of these monetary gifts by making targeted investments in programs that get results. Contributions enables donors to take advantage of decades of leadership and experience in helping to invest in the region’s young professionals. These critical dollars are needed to fund programs that support efforts to provide our young people with opportunities to develop solid career pathways.

Service Categories
Primary Organization Category Education / Elementary & Secondary Schools
Secondary Organization Category Science & Technology / Science & Technology NEC
Areas Served
Bethany
Branford
Cheshire
East Haven
Guilford
Hamden
Madison
Milford
New Haven
North Branford
North Haven
Orange
Wallingford
West Haven
Woodbridge
Programs
Description The New Haven Science Fair Program works with children and teachers from PreK-12, to help them carry out investigative hands-on science fair projects, in order to promote skills in critical thinking, scientific process and communication. This approach has now become part of the New Haven science curriculum. The program is focused on making learning exciting and allowing the natural curiosity of young people to inquire about the world around them. The discipline of the scientific method is used to help in the process of answering questions the curiosity raises. The hands-on aspect of the approach keeps it interesting and fulfilling.
Population Served / Children and Youth (0 - 19 years) /
Long Term SuccessHelpOrganizations describe the ultimate change(s) that will result from this program. This may be far into the future and represent an ideal state. The New Haven Science Fair Program is dedicated to improve the quality of education, particularly science and math education in the New Haven Public schools by:

1. Providing a sense of excitement related to learning using hands-on science
2. Helping students develop skills in critical thinking and communications
3. Promoting scientific literacy; and
4. Increasing the number of students taking science and math subjects in high school, and entering the fields of mathematics and science in post-secondary education
Description
The GOAL Scholarship program strengthens the connections between the business community and the area's young professionals. Contributions received benefit the GOAL scholarship fund for New Haven area students interested in pursuing college degrees in business. To date, the fund has raised more than $50,000 to support undergraduate students. 
Population Served General/Unspecified / /
Program is linked to organization’s mission and strategy Yes
Program is frequently assessed based on predetermined program goals Yes
CEO/Executive Director
Mr. Garrett Sheehan
Term Start Mar 2018
Email gsheehan@gnhcc.com
Experience

Garrett F. Sheehan, Executive Director of the GNHCC, began work in his new position on March 1, 2018.  He most recently served as a Community Relations & Economic Development Specialist at Eversource. In this role, he provided leadership on strategic initiatives including enhancements to the Company’s economic development program, and was actively engaged in Eversource’s commitment to volunteerism and community giving. He also served as the primary point of contact between the utility and chief elected officials in 23 municipalities in Connecticut. Prior to his position with Eversource, Sheehan served as an economic developer at The United Illuminating Company, where he was responsible for regional business growth and expansion and strategic partnerships with state organizations, chief elected officials, and business leaders. Sheehan also has been recognized with the professional designation of Certified Economic Developer from the International Economic Development Council. In addition to his work in economic and community development, Sheehan served as a Law Clerk for the Honorable Bethany J. Alvord of the Connecticut Appellate Court . During his career, he also served in the Connecticut Army National Guard as an infantry officer in the New Haven-based First Battalion, 102nd Infantry Regiment. In 2010, Sheehan completed a tour of duty in Afghanistan, serving as a platoon leader and executive officer. The Board’s decision to select Sheehan was completed after working with United Personnel to conduct a national search that included a broad, diverse pool of more than 200 candidates from across the country.Sheehan is a graduate of the Syracuse University S.I. Newhouse School of Public Communications with a bachelor’s degree in broadcast journalism, and holds a master’s degree in business administration from Auburn University. He also earned a juris doctor degree from the University of Connecticut School of Law and is admitted to the bar in Connecticut and Texas.   

Staff
Number of Full Time Staff 10
Number of Part Time Staff 2
Number of Volunteers 290
Number of Contract Staff 6
Staff Retention Rate 100%
Staff Demographics - Ethnicity
African American/Black 4
Asian American/Pacific Islander 1
Caucasian 11
Hispanic/Latino 1
Native American/American Indian 0
Other 0 1 (Indian)
Staff Demographics - Gender
Male 5
Female 13
Unspecified 0
Former CEOs and Terms
NameTerm
Mr. Anthony Rescigno Apr 2000 - Feb 2018
Senior Staff
Title Chief Financial Officer
Title Executive Vice President
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
Collaborations
The Science Fair Program works in collaboration with Southern CT State University, Yale University, NHMA, and many nonprofit and academic institutions throughout the greater New Haven Region. 
Affiliations
AffiliationYear
Greater New Haven Chamber of Commerce1994
Board Chair
Ms. Jennifer DelMonico
Company Affiliation Murtha Cullina LLP
Term Apr 2017 to Apr 2019
Board of Directors
NameAffiliation
Mr. Larry Bingaman South Central CT Regional Water Authority
Mr. Mark Candido Newtown Savings Bank
Mr. Louis D'Antonio Gateway Community College
Mr. Richard J. DeMayo Newtown Savings Bank
Mr. Kevin Dougherty People's United Bank
Dr. Ellen Durnin Southern Connecticut State University
Mr. Jeffrey Klaus Webster Bank
Mr. Andrew Lubin Neubert, Pepe & Monteith, P.C.
Mr. Hugh I. Manke Updike, Kelly & Spellacy, P.C.
Mr. Len Matteo Jr.Edge Technology Services, Inc.
Mr. Lawrence Moon Jr.C. Cowles & Company
Mr. James Perito Halloran & Sage LLP
Mr. Vincent Petrini Yale-New Haven Hospital
Mr. Dennis J. Regan BlumShapiro
Mr. Anthony Rescigno Greater New Haven Chamber of Commerce
Mr. Michael Schaffer C A White, Inc.
Mr. Steven Solecki Bank of America
Board Demographics - Ethnicity
African American/Black 0
Asian American/Pacific Islander 0
Caucasian 18
Hispanic/Latino 0
Native American/American Indian 0
Other 0 0
Board Demographics - Gender
Male 16
Female 2
Unspecified 0
Governance
Board Term Lengths 2
Board Term Limits 2
Written Board Selection Criteria Under Development
Written Conflict of Interest Policy Yes
Percentage Making Monetary Contributions 7%
Percentage Making In-Kind Contributions 0%
Constituency Includes Client Representation No
Board Co-Chair
Ms. Jennifer Morgan DelMonico
Company Affiliation Murtha Cullina LLP
Term Apr 2015 to Apr 2017
 
 
Financials
Fiscal Year Start Mar 01 2018
Fiscal Year End Feb 28 2019
Projected Revenue $127,835.00
Projected Expenses $137,138.00
Spending Policy N/A
Credit Line No
Reserve Fund No
Detailed Financials
Prior Three Years Assets and Liabilities Chart
Fiscal Year201720162015
Total Assets$134,343$134,343$165,935
Current Assets$106,880$134,343$165,935
Long-Term Liabilities------
Current Liabilities$89,169$112,350$139,141
Total Net Assets$17,711$21,993$26,794
Prior Three Years Top Three Funding Sources
Fiscal Year201720162015
Top Funding Source & Dollar AmountBoard of Education City of New Haven $32,000Board of Education - City of New Haven $32,000Board of Education $32,000
Second Highest Funding Source & Dollar AmountCommunity Foundation for Greater New Haven $17,084The Community Foundation for Greater New Haven $16,372The Community Foundation for Greater New Haven $15,427
Third Highest Funding Source & Dollar AmountAlexion Pharmaceuticals $15,000Alexion Pharmaceuticals $15,000Alexion Pharmaceuticals $15,000
Capitial Campaign
Currently in a Capital Campaign? No
Capital Campaign Anticipated in Next 5 Years? No
Comments
Foundation Staff Comments This profile, including the financial summaries prepared and submitted by the organization based on its own independent and/or internal audit processes and regulatory submissions, has been read by the Foundation. Some financial information from the organization’s IRS Form 990, audited financial statements or other financial documents approved has been inputted by Foundation staff. The Foundation has not audited the organization’s financial statements or tax filings, and makes no representations or warranties thereon. A more complete picture of the organization’s finances can be obtained by viewing the attached 990s and audited financials. To see if the organization has received a competitive grant from The Community Foundation in the last five years, please go to the General Information Tab of the profile.
Address 900 Chapel Street
10th Floor
New Haven, CT 06510
Primary Phone 203 787-6735
Contact Email jtakami@gnhcc.com
CEO/Executive Director Mr. Garrett Sheehan
Board Chair Ms. Jennifer DelMonico
Board Chair Company Affiliation Murtha Cullina LLP

 

Related Information

Provide Quality Education

Educate a child and you change a community. For the child, a good education means better career opportunities and higher lifetime earnings. College graduates enjoy better health and are more inclined to volunteer and vote. For the community, supporting our youths’ educational goals results in a stronger society.

Nurture Children & Youth

When families, schools and communities take the view that children and youth are valued and respected assets to society, they necessarily support environments that nurture youth development. Children raised to embrace positive social values, to seek self-understanding, and to value their self-worth grow to become community-minded young adults with a sense of belonging and a belief in their resiliency. See how you can help our community's children grow into tomorrow's leaders.