EIN 56-2453619

NewAlliance Foundation

IRS 501(c) type
501(c)(3)
Num. employees
2
Year formed
2005
Most recent tax filings
2022-12-01
NTEE code, primary
Description
The NewAlliance Foundation is a private foundation that primarily funds to provide general operating support. It made 158 grants last year. Grantees include Hamden Public Library and others.
Total revenues
$1,142,529
2022
Total expenses
$1,896,426
2022
Total assets
$28,311,311
2022
Num. employees
2
2022

Program areas at NewAlliance Foundation

Ready for the grade - Newalliance Foundation established ready for the grade, a partnership with public libraries in the Foundation's service area to reduce the loss in reading ability low-income children grades k-3 experience during the summer. In 2022 six libraries participated in the program, serving 114 students. All but two students maintained or improved reading levels over the course of the summer. Staff convene twice a year to report the status of program and share successes and challenges. An independent evaluator collects data, measures impact, observes each program in operation, and publishes a written report to document findings. The intention is for students to enter school in september ready to learn, solid in their retained reading skills, and with the same literacy advantages as their non-low-income peers.

Grants made by NewAlliance Foundation

GranteeGrant descriptionAmount
Downtown Evening Soup KitchenTo Provide General Operating Support.$27,500
St Martin de Porres AcademyO Support the Graduate Support Program, Through Which A 12-year Commitment Is Made To Support Students Academically, Socially, Emotionally, and Financially From Middle School Throughout High School and College.$25,000
New Haven ReadsTo Provide Support for Critical Literacy Programs for Children Ages 4 To 18, Including A One-On-One Tutoring Program. All Programs Are Free To All Participants.$25,000
...and 110 more grants made totalling $963,200

Who funds NewAlliance Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Community Foundation for Greater New HavenGeneral Operating Support$919,619

Personnel at NewAlliance Foundation

NameTitleCompensation
Maryann OttExecutive Director$143,311
Kim A HealeyPast Executive Director$202,634

Financials for NewAlliance Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Investment income and dividends$365,521
Net rental income$0
Net gain from sale of non-inventory assets$777,008
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,142,529

Form 990s for NewAlliance Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-07-25990PFView PDF
2021-122022-07-29990PFView PDF
2020-122021-07-29990PFView PDF
2019-122021-06-09990PFView PDF
2018-122020-01-14990PFView PDF
...and 7 more Form 990s
Data update history
December 24, 2023
Received grants
Identified 1 new grant, including a grant for $919,619 from Community Foundation for Greater New Haven
August 25, 2023
Posted financials
Added Form 990PF for fiscal year 2022
August 21, 2023
Used new vendors
Identified 1 new vendor, including
July 18, 2023
Posted financials
Added Form 990PF for fiscal year 2021
October 18, 2021
Posted financials
Added Form 990PF for fiscal year 2019
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsState / local levelTax deductible donations
General information
Address
195 Church St 7th Floor
New Haven, CT 06510
Metro area
New Haven-Milford, CT
County
New Haven County, CT
Website URL
newalliancefoundation.org/ 
Phone
(203) 859-6555
IRS details
EIN
56-2453619
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2005
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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