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EIN 22-2678033

Nfa Foundation

IRS 501(c) type
501(c)(3)
Num. employees
10
City
Norwich
State
Connecticut
Year formed
1986
Most recent tax filings
2023-06-01
NTEE code, primary
B84: Alumni Associations
Description
The Nfa Foundation advances opportunities at norwich free academy by soliciting, accepting, and prudently managing donated and endowed funds. The Foundation actively builds awareness, engages alumni, nurtures relationships, and develops partnerships to benefit the academy's students, faculty, and staff. The purpose of the Nfa Foundation is to solicit and receive contributions, grants, and bequests for the norwich free academy. To solicit and receive contributions for the norwich free academy.
Total revenues
$3,730,231
2023
Total expenses
$3,831,267
2023
Total assets
$80,177,189
2023
Num. employees
10
2023

Program areas at Nfa Foundation

The Foundation primarily solicits and receives contributions, grants, and bequests for the norwich free academy (Nfa). The Foundation also held six reunion events in 2023, providing opportunities for alumni in boston and three locations in Florida to connect with fellow Nfa alumni residing in their cities. Additionally, two reunions were held for members of the classes of 1965-1972 as the red & white reunion and 1940-1964 as the jubilee reunion.

Grants made by Nfa Foundation

GranteeGrant descriptionAmount
Norwich Free Academy (NFA)Charitable$1,965,471

Who funds Nfa Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$22,238
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$22,238
Schwab Charitable FundPublic, Societal Benefit$16,600
...and 3 more grants received

Personnel at Nfa Foundation

NameTitleCompensation
Richard FreemanChief Financial Officer$143,259
Kathleen McCarthyExecutive Director$119,747
Mark TramontozziVice President$0
Mark D WoodsTreasurer$0
Matthew AmaroOutgoing Secretary$0
...and 7 more key personnel

Financials for Nfa Foundation

RevenuesFYE 06/2023
Total grants, contributions, etc.$900,173
Program services$40,092
Investment income and dividends$1,820,501
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$967,424
Net income from fundraising events$2,041
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$3,730,231

Form 990s for Nfa Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-062024-04-25990View PDF
2022-062023-03-16990View PDF
2021-062022-04-13990View PDF
2020-062021-02-24990View PDF
2019-062020-06-05990View PDF
...and 9 more Form 990s

Organizations like Nfa Foundation

OrganizationLocationRevenue
Vincennes University FoundationVincennes, IN$4,521,962
Chadron State FoundationChadron, NE$2,681,948
The Foundation for the Benefit of Helias Catholic High SchoolJefferson City, MO$1,758,502
College Station ISD Education FoundationCollege Station, TX$1,063,112
Winona Area Public Schools FoundationWinona, MN$1,026,731
Wayne State FoundationWayne, NE$6,398,455
University of North Florida FoundationJacksonville, FL$17,199,983
Quincy Notre Dame FoundationQuincy, IL$2,593,268
Salisbury University FoundationSalisbury, MD$7,805,094
Montana Tech FoundationButte, MT$13,181,089
Data update history
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 17, 2023
Posted financials
Added Form 990 for fiscal year 2022
May 11, 2023
Used new vendors
Identified 1 new vendor, including
August 6, 2022
Updated personnel
Identified 2 new personnel
August 23, 2021
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Grantmaking organizationsSchoolsCharities
Issues
Education
Characteristics
Provides grantsFundraising eventsOperates internationallyState / local levelEndowed supportProvides scholarshipsFundraising races, competitions, and tournamentsTax deductible donations
General information
Address
321 Broadway
Norwich, CT 06360
Metro area
Norwich-New London, CT
County
New London County, CT
Website URL
nfafoundation.org/ 
Phone
(860) 887-2505
IRS details
EIN
22-2678033
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1986
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B84: Alumni Associations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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