Also known as: BESSIE D PHELPS FOUNDATION INC
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Cyrus W And Amy F Jones And Bessie D Phelps Foundation Inc. is a private corporation based in FAIRFIELD, CT. The foundation received its IRS ruling in 1976. The principal officer is R Tellalian. It holds total assets of $3.5M. Annual income is reported at $1.4M. Total assets have grown from $2.2M in 2010 to $3.7M in 2022. The foundation is governed by 3 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2023. Grantmaking is concentrated in Connecticut. According to available records, Cyrus W And Amy F Jones And Bessie D Phelps Foundation Inc. has made 108 grants totaling $825K, with a median grant of $5K. Annual giving has decreased from $645K in 2022 to $180K in 2023. Individual grants have ranged from $2K to $32K, with an average award of $8K. The foundation has supported 31 unique organizations. Grants have been distributed to organizations in Connecticut and New York. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$5K
Average Grant
$8K
Largest Grant
$32K
Based on 28 grants from the most recent 990-PF filing.
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.
Cyrus W And Amy F Jones And Bessie D Phelps Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 108 grants. Its grantmaking reaches organizations primarily in CT, NY.
Cyrus W And Amy F Jones And Bessie D Phelps Foundation Inc. has distributed a total of $825K across 108 grants. The median grant size is $5K, with an average of $8K. Individual grants have ranged from $2K to $32K.
Cyrus W And Amy F Jones And Bessie D Phelps Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Cyrus W And Amy F Jones And Bessie D Phelps Foundation Inc. is headquartered in FAIRFIELD, CT. While based in CT, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Alexander R Nestor | TRUSTEE-VICE PRESIDENT & S | $33K | $0 | $33K |
| Robert S Tellalian Jr | TRUSTEE-PRESIDENT & TREASU | $33K | $0 | $33K |
| Aram H Tellalian Iii | TRUSTEE-VICE PRESIDENT | $16K | $0 | $16K |
Total Giving
$320K
Total Assets
$3.7M
Fair Market Value
$5.2M
Net Worth
$3.7M
Grants Paid
$180K
Contributions
N/A
Net Investment Income
$342K
Distribution Amount
$259K
Total: $3.3M
Total Grants
108
Total Giving
$825K
Average Grant
$8K
Median Grant
$5K
Unique Recipients
31
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Greater Bridgeport SymphonyOPERATIONS | Bridgeport, CT | $32K | 2023 |
| Greater Connecticut Youth OrchestraOPERATIONS | Fairfield, CT | $14K | 2023 |
| The Klein Memorial Auditorium Foundation (Kta)OPERATIONS | Bridgeport, CT | $12K | 2023 |
| Homes For The BraveOPERATIONS | Bridgeport, CT | $12K | 2023 |
| Mikey'S Way FoundationPROGRAMS | Fairfield, CT | $12K | 2023 |
| Goodwill Industries Of Western CtOPERATIONS | Bridgeport, CT | $12K | 2023 |
| Olivet Congregational ChurchGENERAL PURPOSES | Bridgeport, CT | $10K | 2023 |
| Tunnel To Towers FoundationOPERATIONS | Staten Island, NY | $10K | 2023 |
| The Connecticut Zoological SocietyCONNECTICUT'S BEARDSLEY ZOO | Bridgeport, CT | $8K | 2023 |
| Catholic Charities Of Fairfield CountyOPERATIONS | Bridgeport, CT | $6K | 2023 |
| Girl Scouts Housatonic CouncilPROGRAMS | Hartford, CT | $6K | 2023 |
| Fidelco Guide Dog Foundation IncOPERATIONS | Bloomfield, CT | $5K | 2023 |
| Easton Community CenterTEEN CENTER PROGRAMS | Easton, CT | $5K | 2023 |
| The Barnum Festival LlcOPERATIONS | Bridgeport, CT | $5K | 2023 |
| Boroughs Community CenterPROGRAMS | Bridgeport, CT | $4K | 2023 |
| Armenian Church Of The Holy AscesionOPERATIONS | Trumbull, CT | $4K | 2023 |
| Neighborhood Studios Of Fairfield CountyOPERATIONS | Bridgeport, CT | $3K | 2023 |
| Easton Senior CenterACTIVITIES FUND | Easton, CT | $3K | 2023 |
| Mercy Learning CenterWOMEN OF ACHIEVEMENT SCHOLARSHIP FUND | Bridgeport, CT | $3K | 2023 |
| Connecticut Chamber Choir IncPROGRAMS | Trumbull, CT | $3K | 2023 |
| Bridgeport Rescue MissionOPERATIONS | Bridgeport, CT | $3K | 2023 |
| Bridge House IncOPERATIONSOPERATIONS | Bridgeport, CT | $3K | 2023 |
| Brady'S SmileOPERATIONS | Fairfield, CT | $3K | 2023 |
| Downtown Cabaret Theater CompanyCHILDREN'S PROGRAMS | Bridgeport, CT | $2K | 2023 |
| National Center For Blind MusiciansOPERATIONS | Bridgeport, CT | $8K | 2022 |