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Manresa Island Corp is a private corporation based in NORWALK, CT. The foundation received its IRS ruling in 2024. It holds total assets of $49M. Annual income is reported at $18.5M. Contributions to this foundation are tax-deductible.
Manresa Island Corp. is not a conventional grantmaker and should not be approached as one. It is a private operating foundation — founded October 2024, IRS ruling granted June 2024 — built around a single transformative mission: converting a decommissioned 125-acre fossil fuel power plant on the Long Island Sound into Manresa Wilds, a publicly accessible community park in Norwalk, Connecticut. The founders, Austin and Allison McChord, are funding the project largely from personal philanthropic wealth generated by Austin's 2022 sale of IT software firm Datto to Kaseya for $6 billion.
The organization's $34.6 million in total assets and $36.3 million in FY2024 revenue represent only initial capitalization. The full project budget is $410 million, meaning Manresa Island Corp.'s balance sheet will expand dramatically over the 2026–2035 build-out period. For grant seekers, this scale signals a preference for strategic institutional partnerships over broad-based open grantmaking.
The sole documented external grant to date — $500,000 to the Research & Education Station (R.E.S.A.) consortium, announced May 29, 2026 — reveals a clear partnership model. Manresa Island Corp. sought out five credentialed institutions whose work delivers tangible, site-based value: water sensor networks in Norwalk Harbor (Woods Hole Oceanographic Institution), shoreline monitoring with students (The Maritime Aquarium at Norwalk), oral history documentation (Wesleyan University), environmental science (Sacred Heart University), and K-12 field programs (Norwalk Board of Education). This is a place-based partner model, not a competitive grant cycle.
First-time applicants should internalize that Manresa Island Corp. operates through five formal organizational pillars: distinctive recreation, expanded coastal access, sustainable future-forward infrastructure, educational programming and discovery spaces, and coastal ecosystem restoration. Proposals that map directly to one or more pillars and can be physically deployed at the Manresa Wilds site will receive the most attention. Organizations without a Norwalk or Fairfield County footprint face a meaningful disadvantage.
The relationship progression is informal but intentional: initial contact via GIVING@MANRESAWILDS.ORG or direct outreach to Chief of Strategic Partnerships Rich Flood, followed by a programmatic-fit conversation, and ultimately a partnership agreement rather than a traditional grant application. There is no published open application cycle, no RFP process, and no online grant portal as of mid-2026.
Manresa Island Corp. completed its first full fiscal year in 2024 with $34.6 million in total assets and $36.3 million in total revenue. The IRS filing for FY2024 does not report grants paid — consistent with the organization's pre-grantmaking phase, during which it focused on land acquisition, staff hiring, regulatory engagement (DEEP permit), and engaging design firms SCAPE Studio and BIG Architects.
The first concrete external grantmaking emerged in May 2026: $500,000 in initial grants to the R.E.S.A. consortium across five partner institutions. Per-institution breakdown has not been publicly disclosed, but if allocated proportionally to program scope, the range likely falls between $50,000 and $150,000 per partner. Woods Hole Oceanographic Institution and The Maritime Aquarium at Norwalk — the most operationally complex partners — likely received the largest individual allocations.
Looking at the $410 million project budget by category: Abatement, Remediation, and Infrastructure ($220M, 53.7% of total) dominates, followed by Ecology and Nature Restoration ($103M, 25.1%), Land Master Plan, Design, and Community Engagement ($45M, 11%), and Circulation and Accessibility ($42M, 10.2%). External programmatic grants will constitute a comparatively small line — likely $1–5 million annually as partnerships scale — while the vast majority of capital flows to construction contractors, environmental remediation specialists, and design consultants.
By program area, the R.E.S.A. launch confirms three confirmed funding interests: (1) marine and coastal research, (2) K-12 environmental education, and (3) environmental workforce development. The organization's five pillars also indicate potential future interest in (4) community recreation programming and (5) ecosystem science documentation and public interpretation.
At peer private operating foundations with comparable assets ($34–35M), grant sizes typically range from $25,000 for early-stage programmatic partnerships to $250,000+ for anchor institutional relationships. The $500K R.E.S.A. commitment is at the top of that range — reflecting the flagship nature of the initiative and the McChords' capacity to make outsized commitments. Applicants should size requests accordingly: a first-year ask in the $50,000–$150,000 range is realistic for a credentialed institutional partner; larger amounts require a demonstrated track record with the organization.
The five database-matched peers share Manresa Island Corp.'s approximate asset band (~$34.6M) and NTEE T (Philanthropy & Grantmaking) classification, but differ substantially in mission model, geography, and grantmaking approach:
| Foundation | Assets | Annual Giving | Primary Focus | Application |
|---|---|---|---|---|
| Manresa Island Corp. (CT) | $34.6M | ~$500K (FY2026 initial) | Coastal park development, environmental education | Relationship/invited only |
| Intelligent Future Foundation (DE) | $34.7M | Not publicly reported | Technology & future-oriented philanthropy | Not public |
| Bertin Family Foundation (UT) | $34.6M | Not publicly reported | General family philanthropy | Not public |
| George M. Pullman Educ. Foundation (IL) | $34.7M | Not publicly reported | Educational scholarships (historical focus) | Limited/competitive |
| Yardi Foundation (CA) | $34.7M | Not publicly reported | Corporate-adjacent general giving | Not public |
Manresa Island Corp. stands apart from its asset-matched peers in two critical ways. First, it is a mission-concentrated operating foundation — every dollar and staff hour flows toward a single transformational project — rather than a diversified grantmaking vehicle with a rolling application cycle. Second, it is the only peer with a fully public brand identity (Manresa Wilds), an active community engagement program, and named senior staff visible to external partners, which makes it significantly more accessible than foundations of comparable size that operate with minimal transparency. Grant seekers who value mission clarity and relationship visibility will find Manresa Island Corp. more approachable than peers such as the Yardi Foundation or Madeline Foundation, provided their work genuinely serves coastal ecology, environmental education, or community recreation in Connecticut.
Manresa Island Corp. has moved with unusual speed since its October 2024 founding, compressing years of typical foundation development into roughly 18 months.
On December 31, 2025, Connecticut DEEP issued the organization's first Stewardship Permit for the 125-acre Manresa Island site — a critical regulatory milestone requiring environmental investigation, remediation scheduling, and ongoing public stakeholder engagement. The permit effectively unlocks all subsequent construction and programming activity.
In February 2026, Austin and Allison McChord publicly unveiled the complete $410 million project plan, providing the first detailed cost breakdown and introducing design partners SCAPE Studio and BIG Architects. CT Mirror published a feature framing the Manresa Wilds model as a potential national template for converting shuttered fossil fuel power plants into community assets — elevating the project's profile beyond local media.
On May 29, 2026, the organization announced its first external grant program: $500,000 to the Research & Education Station (R.E.S.A.) consortium. Norwalk Mayor Barbara Smyth attended and publicly endorsed the initiative, signaling strong municipal alignment. Executive Director Jess Vonashek and the consortium institutions formally announced the program together, demonstrating a collaborative rather than top-down grantmaking style.
Rich Flood was recently hired as Chief of Strategic Partnerships via executive search firm On-Ramps — a role explicitly designed to manage external institutional relationships. Phase 1 (28-acre Northern Forest) is targeted to open spring 2027. No leadership controversies, program closures, or funding setbacks have been publicly reported.
Because Manresa Island Corp. operates no open grant portal and has published no application guidelines, the effective path to funding requires a relationship-first approach calibrated to this organization's distinctive operating model.
Identify the right entry point. Rich Flood, Chief of Strategic Partnerships, is the primary institutional relationship owner. He was explicitly hired to build external program partnerships and is the appropriate first contact for organizations seeking programmatic collaboration. Reach him through the Manresa Wilds contact page or LinkedIn. For donation-linked partnerships, GIVING@MANRESAWILDS.ORG is a documented and publicly promoted contact. Executive Director Jess Vonashek is the decision authority for significant multi-year program commitments.
Lead with place, not program. The R.E.S.A. model makes clear that Manresa Island Corp. funds partners who physically deploy work at the Manresa Wilds site or in Norwalk Harbor. A proposal for water-quality research that will place sensors in Norwalk Harbor (as Woods Hole did) is far stronger than a request for general research support. Every proposal should answer one question: what specifically will we do on-site or in direct service of the Manresa Wilds community?
Use the organization's language. Adopt the five-pillar framework in all materials: "coastal ecosystem restoration," "educational programming and discovery spaces," "expanding coastal access for diverse audiences," "sustainable future-forward infrastructure," and "distinctive recreational destination." Echoing this language signals genuine organizational familiarity.
Time your outreach to the 2026–2027 window. With Phase 1 (Northern Forest) opening in spring 2027, Manresa Island Corp. is actively building the programmatic content that will accompany the physical park launch. Q3 and Q4 2026 represent the highest-receptivity period for new partnerships, as the organization is assembling its opening-year program portfolio now.
What to avoid. Do not send unsolicited LOIs or applications to a generic grants inbox — this organization has no grants inbox. Do not propose nationally scoped programs with no Norwalk component; geography is a hard filter. Do not replicate activities already claimed by R.E.S.A. partners (water sensors, shoreline monitoring, marine education, oral history) without a clearly differentiated angle.
Build visibility before you pitch. Attend public site tours, sign up for the Manresa Wilds newsletter, and follow @manresa_wilds on Instagram and Facebook. Any demonstrated engagement with the Norwalk waterfront community — prior programming with Norwalk Public Schools, existing relationships at The Maritime Aquarium, connections to Long Island Sound ecology networks — materially strengthens a first outreach.
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No specific application information is available for this foundation. Check the 990-PF filings below for application guidelines, or visit the foundation's website if listed above.
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.
Manresa Island Corp. completed its first full fiscal year in 2024 with $34.6 million in total assets and $36.3 million in total revenue. The IRS filing for FY2024 does not report grants paid — consistent with the organization's pre-grantmaking phase, during which it focused on land acquisition, staff hiring, regulatory engagement (DEEP permit), and engaging design firms SCAPE Studio and BIG Architects. The first concrete external grantmaking emerged in May 2026: $500,000 in initial grants to the.
Manresa Island Corp. is not a conventional grantmaker and should not be approached as one. It is a private operating foundation — founded October 2024, IRS ruling granted June 2024 — built around a single transformative mission: converting a decommissioned 125-acre fossil fuel power plant on the Long Island Sound into Manresa Wilds, a publicly accessible community park in Norwalk, Connecticut. The founders, Austin and Allison McChord, are funding the project largely from personal philanthropic w.
Manresa Island Corp is headquartered in NORWALK, CT.
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Officer and trustee information is not yet available for this foundation. This data is typically reported in Part VIII of the 990-PF filing.
| Year | Return Type | |
|---|---|---|
| 2024 | 990PF | — |
Total Giving
N/A
Total Assets
$34.6M
Fair Market Value
N/A
Net Worth
$34.6M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
No individual grant records are available. Visit the foundation's 990-PF filings below for detailed grantee information.