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The Hubbell Foundation is a private trust based in SHELTON, CT. The foundation received its IRS ruling in 1961. The principal officer is Ben Gossart Trustee. It holds total assets of $11.9M. Annual income is reported at $12.3M. Total assets have grown from $197K in 2011 to $11.9M in 2024. The foundation is governed by 4 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2018 to 2024. According to available records, The Hubbell Foundation has made 2 grants totaling $2.9M, with a median grant of $1.5M. Annual giving has decreased from $1.7M in 2020 to $1.2M in 2022. Individual grants have ranged from $1.2M to $1.7M, with an average award of $1.5M. The foundation has supported 2 unique organizations. 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.
The Hubbell Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 2 grants. Its grantmaking reaches organizations primarily in CT.
The Hubbell Foundation has distributed a total of $2.9M across 2 grants. The median grant size is $1.5M, with an average of $1.5M. Individual grants have ranged from $1.2M to $1.7M.
The Hubbell Foundation typically selects its grantees rather than accepting unsolicited proposals.
The Hubbell Foundation is headquartered in SHELTON, CT.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| J Murphy | TRUSTEE | $0 | $0 | N/A |
| T Goncalves | TRUSTEE | $0 | $0 | N/A |
| K Lane | TRUSTEE | $0 | $0 | N/A |
| B Gossart | TRUSTEE | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$11.9M
Fair Market Value
N/A
Net Worth
$11.9M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
2
Total Giving
$2.9M
Average Grant
$1.5M
Median Grant
$1.5M
Unique Recipients
2
Most Common Grant
$1.2M
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See Grants AttachmentSEE GRANTS ATTACHMENT | Na, CT | $1.2M | 2022 |
| See Attachment 4SEE ATTACHMENT 4 | Na, CT | $1.7M | 2020 |