CONNECTICUT COUNCIL FOR PHILANTHROPY

EIN: 237024016 501(c)(3) Philanthropy & Grantmaking

HARTFORD, CT

Total Revenue
$1,782,965
Total Expenses
$1,657,136
Total Assets
$2,470,818
Net Assets
$1,086,706
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1969
Principal Officer
KARLA FORTUNATO
Phone
8605255585
Tax Period
2023-01-01 to 2023-12-31

CONNECTICUT COUNCIL FOR PHILANTHROPY, founded in 1969, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.8M in total revenue in fiscal year 2023. Revenue surged 21% from the prior year, signaling strong growth momentum. Expenses of $1.7M left a modest 7% surplus.

Mission

CCP ORGANIZES, INSPIRES, AND EQUIPS A COMMUNITY OF FUNDERS TO LEARN, COLLABORATE, AND LEAD TOGETHER FOR SUSTAINED IMPACT AND SOCIAL CHANGE IN CONNECTICUT.

Program Service Accomplishments

Program 1
Expenses: $1,469,987

KNOWLEDGE AND INFORMATION - CCP COMPILES DATA AND INFORMATION ON GRANTMAKING AND CHARITABLE GIVING IN CONNECTICUT, CONDUCTS ANALYSIS, AND DISSEMINATES KNOWLEDGE BROADLY TO THE PHILANTHROPIC SECTOR...

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KNOWLEDGE AND INFORMATION - CCP COMPILES DATA AND INFORMATION ON GRANTMAKING AND CHARITABLE GIVING IN CONNECTICUT, CONDUCTS ANALYSIS, AND DISSEMINATES KNOWLEDGE BROADLY TO THE PHILANTHROPIC SECTOR, NONPROFIT SECTOR, CORPORATE COMMUNITY, AND DECISION MAKERS. REGULAR PUBLICATIONS INCLUDE: GIVING IN CONNECTICUT AND THE CONNECTICUT PHILANTHROPY DIGEST. EDUCATION AND PROFESSIONAL DEVELOPMENT- EACH YEAR, CCP PRESENT AN AVERAGE OF 20 PROGRAMS AND EVENTS THAT ARE FOCUSED ON PROVIDING MEMBERS AND GRANTMAKERS WITH KNOWLEDGE THAT CAN HELP THEM IN THEIR WORK. THESE PROGRAMS AND WORKSHOPS PERTAIN TO A VARIETY OF TOPICS OF INTEREST TO FUNDERS. SUPPORT NETWORKING - CCP PROVIDES NETWORKING OPPORTUNITIES FOR GRANTMAKERS WITH COMMON INTERESTS TO COME TOGETHER TO CONNECT, SHARE INFORMATION, AND DISCUSS PHILANTHROPIC STRATEGIES. LEADERSHIP - CCP IS A LEADER IN ENHANCING AND PROMOTING PHILANTHROPY IN CONNECTICUT. CCP SERVES AS AN ADVOCATE FOR THE PHILANTHROPIC COMMUNITY BY ENGAGING WITH ELECTED AND APPOINTED OFFICIALS, THE MEDIA, AND THE GENERAL PUBLIC ABOUT THE IMPORTANCE AND IMPACT OF PHILANTHROPY ON COMMUNITIES THROUGHOUT THE STATE. WE ALSO ENGAGE IN PUBLIC POLICY WORK TO PROMOTE AND PROTECT THE SOCIAL PURPOSE SECTOR.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,636,933
Program Service Revenue $145,979
Investment Income $53
Other Revenue $0
TOTAL REVENUE $1,782,965

Expense Breakdown

Grants Paid $992,671
Salaries & Benefits $489,389
Fundraising Expenses $54,819
Program Expenses $1,469,987
Other Expenses $175,076
TOTAL EXPENSES $1,657,136

Year-over-Year Comparison

2023 2022 Change
Revenue $1,782,965 $1,471,486 +0.2%
Expenses $1,657,136 $1,376,589 +0.2%
Net Income $125,829 $94,897 +0.3%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
17
Independent Members
17
Employees
5
Volunteers
30

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$179,449
Total Directors
18
$179,449
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KARLA FORTUNATO PRESIDENT 40.00
Officer Director
$170,562 $8,887 $179,449
TIFFANY DONELSON CHAIR 1.00
Officer Director
$0 $0 $0
LAURA MCCARGAR VICE CHAIR 1.00
Officer Director
$0 $0 $0
LAUREN PATTERSON SECRETARY 1.00
Officer Director
$0 $0 $0
MARY KAY CURTISS TREASURER 1.00
Officer Director
$0 $0 $0
DAVID ADDAMS DIRECTOR 1.00
Director
$0 $0 $0
LEON BAILEY DIRECTOR 1.00
Director
$0 $0 $0
ELYSA GORDON DIRECTOR 1.00
Director
$0 $0 $0
NANCY HEATON DIRECTOR 1.00
Director
$0 $0 $0
JILL HUTENSKY DIRECTOR 1.00
Director
$0 $0 $0
TORAL MAHER DIRECTOR 1.00
Director
$0 $0 $0
NORA MORENO DIRECTOR 1.00
Director
$0 $0 $0
ELAINE MINTZ DIRECTOR 1.00
Director
$0 $0 $0
DIANE SIERPINA DIRECTOR 1.00
Director
$0 $0 $0
SUSAN THOMAS DIRECTOR 1.00
Director
$0 $0 $0
DELIA ARELLANO- WEDDLETON DIRECTOR 1.00
Director
$0 $0 $0
BETTY SUGERMAN WEINTRAUB DIRECTOR 1.00
Director
$0 $0 $0
SARAN WHITE DIRECTOR 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $1,782,965 $1,657,136 $2,470,818 $125,829
2022 $1,471,486 $1,376,589 $1,904,299 $94,897
2021 $1,897,197 $1,719,786 $1,740,665 $177,411
2021 $1,897,197 $1,719,786 $1,740,665 $177,411
2020 $724,863 $624,545 $1,206,085 $100,318
2019 $789,307 $720,764 $947,566 $68,543
2018 $745,717 $680,414 $925,323 $65,303
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