HARTFORD FOUNDATION FOR PUBLIC GIVING Charity Report

Public IRS 990 nonprofit record

HARTFORD FOUNDATION FOR PUBLIC GIVING

EIN 06-0699252 · Philanthropy, Voluntarism & Grantmaking Foundations (T310)

What they do

THE HARTFORD FOUNDATION for PUBLIC GIVING PUTS PHILANTHROPY INTO ACTION to CREATE LASTING SOLUTIONS THAT RESULT IN VIBRANT COMMUNITIES WITHIN THE GREATER HARTFORD REGION. AS THE REGIONS COMMUNITY FOUNDATION, IT is A PUBLIC, GRANTMAKING ORGANIZATION BRINGING TOGETHER DEDICATED INDIVIDUALS, BUSINESSES and NONPROFITS to UNDERSTAND LOCAL CHALLENGES, SHARE INFORMATION and PUT RESOURCES BEHIND SOLUTIONS THAT CAN BUILD A MORE EQUITABLE and RESILIENT PLACE to LIVE, WORK and RAISE A FAMILY. WE ARE COMMITTED to DISMANTLING STRUCTURAL RACISM, and ACHIEVING EQUITY IN SOCIAL and ECONOMIC MOBILITY IN OUR REGION, IN PARTNERSHIP WITH NONPROFIT ORGANIZATIONS and COMMUNITY STAKEHOLDERS. THAT COMMITMENT SITS AT THE CENTER of THE FOUNDATIONS WORK and is REFLECTED IN THE ORGANIZATIONS PRIORITIES, PLANS and ALLOCATION of RESOURCES.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $82.20 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders19 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

41.90%of revenue went to mission work82.2% of expenses · Program services

1.50%of revenue went to fundraising2.9% of expenses

$50.95spent for every $100 of revenueRevenue covered expenses this year.

7.55%of revenue went to management and office costs14.8% of expenses

$16.32in assets for every $1 spent this yearSome assets cannot be spent right away.

24.0%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $594,483 for JAY WILLIAMS (PRESIDENT & SECRETARY). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$144,403,277

Mission workProgram services$60,508,00641.90% of revenue82.2% of expenses

ManagementOffice and general costs$10,901,3547.55% of revenue14.8% of expenses

FundraisingAsking for donations$2,163,9131.50% of revenue2.9% of expenses

Revenue left after expensesReported annual surplus$70,830,00449.05% of revenueShown in gray on the chart

Total expenses$73,573,27350.95% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 82.2% mission · 14.8% management · 2.9% fundraisingTotal expenses: 50.95% of revenue

2023Expense mix: 83.2% mission · 14.1% management · 2.7% fundraisingTotal expenses: 98.61% of revenue

2022Expense mix: 84.7% mission · 12.5% management · 2.7% fundraisingTotal expenses: 83.73% of revenue

2021Expense mix: 81.2% mission · 15.8% management · 3.0% fundraisingTotal expenses: 39.59% of revenue

2020Expense mix: 83.1% mission · 14.4% management · 2.5% fundraisingTotal expenses: 83.13% of revenue

2019Expense mix: 78.1% mission · 18.9% management · 3.0% fundraisingTotal expenses: 64.89% of revenue

2018Expense mix: 77.9% mission · 19.0% management · 3.0% fundraisingTotal expenses: 68.85% of revenue

2017Expense mix: 78.6% mission · 18.9% management · 2.5% fundraisingTotal expenses: 44.20% of revenue

Money in and money out

Revenue$144,403,277

Expenses$73,573,273

Annual surplus $70,830,004 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$60,508,006 · 82.2% of expenses

Management and office costs$10,901,354 · 14.8% of expenses

Fundraising$2,163,913 · 2.9% of expenses

See all reported dollar amounts

Revenue$144,403,277

Expenses$73,573,273

Assets$1,200,997,733

Income$842,927,832

Contributions$34,592,058

Mission work (program services)$60,508,006

Fundraising$2,163,913

Grants given$480,289,531

Average grant$49,064

Management and general$10,901,354

Executive compensation (total)$943,049

Stocks and bonds$732,083,625

Accounting fees$121,312

Investing fees$5,742,005

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

JAY WILLIAMSPRESIDENT & SECRETARY · 40 hrs/week $594,483Base $514,659 · Other $79,824

BONNIE J MALLEYVP FINANCE & ADMINISTRATION · 40 hrs/week $307,014Base $255,728 · Other $51,286

ELYSA GORDONVP COMMUNITY IMPACT · 40 hrs/week $296,622Base $245,624 · Other $50,998

BRADFORD H DRAZENVP COMMUNICATIONS & MARKETING · 40 hrs/week $273,093Base $223,874 · Other $49,219

JUDITH W MCBRIDEVP COMMUNICATIONS & MARKETING · 40 hrs/week $223,448Base $195,732 · Other $27,716

DEBORAH ROTHSTEINVP OF DEVELOPMENT · 40 hrs/week $196,688Base $173,584 · Other $23,104

SUSAN H DANADIRECTOR OF DEVELOPMENT, MAJOR GIFTS · 40 hrs/week $195,654Base $179,497 · Other $16,157

SALLY WEISMANDIRECTOR OF DEVELOPMENT & DONOR SVCS · 40 hrs/week $195,438Base $169,325 · Other $26,113

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (19)

JAY WILLIAMSPRESIDENT & SECRETARY

BONNIE J MALLEYVP FINANCE & ADMINISTRATION

ELYSA GORDONVP COMMUNITY IMPACT

BRADFORD H DRAZENVP COMMUNICATIONS & MARKETING

JUDITH W MCBRIDEVP COMMUNICATIONS & MARKETING

DEBORAH ROTHSTEINVP OF DEVELOPMENT

SUSAN H DANADIRECTOR OF DEVELOPMENT, MAJOR GIFTS

SALLY WEISMANDIRECTOR OF DEVELOPMENT & DONOR SVCS

THEODORE S SERGIDIRECTOR

ALAN MATTAMANADIRECTOR

SUSAN B DUNNDIRECTOR

SIVAN HINESDIRECTOR

RICHARD N PALMERDIRECTOR

NICOLE PORTERDIRECTOR

MARLENE IBSENTREASURER

MARK OVERMYER-VELAZQUEZVICE CHAIR

DAVID M ROTHDIRECTOR

BEATRIZ GUTIERREZDIRECTOR

ANDREW R WORTHINGTONCHAIR

About this charity

Recognized since: January 1942
Location: 10 COLUMBUS BLVD 8TH FL, HARTFORD, CT 06106-1976
County: Hartford
In care of: % FLEET INVESTMENT SERVICES
Primary officer: BONNIE J MALLEY, VP, FINANCE AND ADMINISTRATION

How to reach them

WebsiteVisit the charity’s website Phone(860) 548-1888

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: CLIFTONLARSONALLEN LLP
NTEE classification: Philanthropy, Voluntarism & Grantmaking Foundations (T310)
IRS tax category: Grantmaking Foundations
Grant-giving organization: Yes