EIN 56-2453619

NewAlliance Foundation

IRS 501(c) type
501(c)(3)
Num. employees
2
Year formed
2005
Most recent tax filings
2023-12-01
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
$787,292
2023
Total expenses
$1,852,069
2023
Total assets
$30,587,601
2023
Num. employees
2
2023

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 2023, 5 libraries participated in the program, serving 135 students. All but three students maintained or improved reading levels over the course of the summer. Staff of the libraries convene twice a year to report the status of the 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. Newalliance Foundation staff also visit each site. 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
New Haven ReadsTo Support the Free Literacy Programs and Community Book Bank at New Haven Reads. This Funding Would Help Empower Almost 400 Aspiring Readers From Greater New Haven in the 2023-24 School Year in One-On-One Tutoring and Support the Distribution of Over 85,000 Books To Build Home Libraries.$25,000
Fair Haven Community Health Center (FHCHC)To Support Expanded Holistic Health Care, Services, and Community Programming and Provide Health Equity for the Fair Haven Neighborhood and the Greater New Haven Community.$25,000
Booker T Washington AcademyTo Support the Differentiated Needs of K-4 Learners in the Acquisition of Early Literacy Skills Which Are Aligned With the Science of Reading in the Form of Professional Development and Instructional Supports for Teachers.$25,000
...and 105 more grants made totalling $756,575

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$161,337
Lakisha Q JordanDirector of Programs$98,192
Kim A HealeyPast Executive Director$202,634

Financials for NewAlliance Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Investment income and dividends$479,293
Net rental income$0
Net gain from sale of non-inventory assets$307,999
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$787,292

Form 990s for NewAlliance Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-07-19990PFView PDF
2022-122023-07-25990PFView PDF
2021-122022-07-29990PFView PDF
2020-122021-07-29990PFView PDF
2019-122021-06-09990PFView PDF
...and 8 more Form 990s
Data update history
August 31, 2024
Posted financials
Added Form 990PF for fiscal year 2023
August 31, 2024
Updated personnel
Identified 2 new personnel
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
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsState / local levelTax deductible donationsAccepts online donations
General information
Address
195 Church St 7th Floor
New Haven, CT 06510
Metro area
New Haven-Milford, CT
County
South Central Connecticut Planning Region, 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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