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Chelsea Groton Foundation is a private corporation based in GROTON, CT. The foundation received its IRS ruling in 1999. The principal officer is Jessica Todd. It holds total assets of $10.3M. Annual income is reported at $3.2M. Total assets have grown from $2.3M in 2011 to $10.2M in 2023. The foundation is governed by 13 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2020 to 2023. According to available records, Chelsea Groton Foundation has made 4 grants totaling $2.7M, with a median grant of $607K. Annual giving has decreased from $875K in 2020 to $606K in 2023. Grantmaking activity was highest in 2022 with $1.2M distributed across 2 grants. Individual grants have ranged from $606K to $875K, with an average award of $674K. Grant recipients are concentrated in Connecticut. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Chelsea Groton Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in CT.
Chelsea Groton Foundation has distributed a total of $2.7M across 4 grants. The median grant size is $607K, with an average of $674K. Individual grants have ranged from $606K to $875K.
The application deadline is GRANT APPLICATIONS CAN BE SUBMITTED YEAR ROUND. APPLICATIONS ARE RECEIVED IN MAY AND OCTOBER.. Public charities exempt under irc section 501 (c) (3) and governmental units referred to under irc section 170 (c) (1). Programs benefiting communities served by the chelsea groton bank are given special consideration.
Chelsea Groton Foundation is headquartered in GROTON, CT.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Catherine Young | TRUSTEE | $0 | $0 | N/A |
| Alexis Kahn | TRUSTEE | $0 | $0 | N/A |
| Anthony Joyce | PRESIDENT | $0 | $0 | N/A |
| Betsy Conway | TRUSTEE | $0 | $0 | N/A |
| Miria Grey | TRUSTEE | $0 | $0 | N/A |
| Ishmael Bryan | TRUSTEE | $0 | $0 | N/A |
| Jean Mcgran | TRUSTEE | $0 | $0 | N/A |
| Anne Wilkinson | TREASURER | $0 | $0 | N/A |
| Lori Dufficy | VICE PRESIDENT | $0 | $0 | N/A |
| Wendy Bury | TRUSTEE | $0 | $0 | N/A |
| Thomas Switz | TRUSTEE | $0 | $0 | N/A |
| June Holaday | SECRETARY | $0 | $0 | N/A |
| Jessica Todd | TRUSTEE | $0 | $0 | N/A |
Total Giving
$627K
Total Assets
$10.2M
Fair Market Value
$10.6M
Net Worth
$10.2M
Grants Paid
$606K
Contributions
$409K
Net Investment Income
$332K
Distribution Amount
$483K
Total: $9.8M
Total Grants
4
Total Giving
$2.7M
Average Grant
$674K
Median Grant
$607K
Unique Recipients
1
Most Common Grant
$607K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See Attached List Of GrantsSEE ATTACHED LIST OF GRANTS | Groton, CT | $606K | 2023 |