2025-08-04T14:09:18-05:00 2024-12-31 760269860 Blazek & Vetterling 2900 Weslayan Suite 200 Houston TX 77027 990 2024-01-01 061620722 Charter Oak Challenge Foundation Inc CHAR 2032262307 575 Riverside Avenue Suite 202A Westport CT 06880 Andrew Boas President/Treasurer 2032262307 2025-08-04 1 0 Barbara Murphy P01386215 7134395739 2025-08-04 2024 2025-03-06 01:10:19Z Andrew Boas 575 Riverside Avenue Suite 202A Westport CT 06880 229419 0 X www.charteroakfoundation.org X 2001 CT To build better futures for disadvantaged children and their families in the Greater Bridgeport, CT area. 4 4 0 4 0 0 2541 28300 0 0 1906 10824 0 0 4447 39124 10500 230000 0 0 0 0 1200 0 0 1007 484 12707 230484 -8260 -191360 406829 215469 0 0 406829 215469 The Foundation is dedicated to building better futures for disadvantaged children and their families in the Greater Bridgeport, CT area. 0 0 230000 230000 The Foundation makes grants to agencies in Bridgeport, CT to promote scholastic development of Bridgeport children by improving elementary and secondary education through its support of charter and public schools. 230000 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 4 1 0 0 0 0 0 0 1 1 0 0 1 0 0 1 0 0 0 X Andrew Boas 2032262305 575 Riverside Avenue Suite 202A Westport CT 06880 X Andrew Boas President/Treasurer 20.00 X X 0 0 0 Carol Boas Secretary 20.00 X X 0 0 0 Dick Kalt Director 5.00 X 0 0 0 Pearl Kane Director 5.00 X 0 0 0 0 0 0 0 0 0 0 0 28300 28300 1119 1119 200000 190295 9705 9705 9705 39124 0 0 10824 230000 230000 470 470 14 14 230484 230000 484 0 213956 12675 192873 202794 406829 215469 0 0 X 406829 215469 406829 215469 406829 215469 -191360 0 X 0 0 0 X 105141 57953 14864 2541 28300 208799 105141 57953 14864 2541 28300 208799 148313 60486 690 451 707 1906 1119 4873 213672 0.28310 0.29530 X The Charter Oak Challenge Foundation Inc. (COCF) submits that throughout its existence to date and in the future, it qualifies as a public charity under Internal Revenue Code 509(a)(1) by satisfying the requirements of Regulations 1.170A-9(f)(3) as follows:(i). Ten Percent Test: COCF has historically and normally can be expected in the future to receive over 10% of its total support from the general public.(ii). Attraction of Public Support: COCF has historically maintained a continuous annual solicitation of funds from the public through a bike-ride challenge in which the general public donates to COCF based on the biking performance of the participants. While COVID has caused a brief cessation of the bike-ride challenge, future bike-ride challenges are expected to provide COCF with more than sufficient public support. In addition, COCF actively solicits former donors and their associates for their continued support of the foundation. (iii). Percentage of Financial Support: COCF received about 28% of its total support from public sources during the past two years and over 35% in prior years. As indicated above, the challenges of COVID have impacted the foundation's one significant public fundraising program.(iv). Sources of Support: COCF receives modest contributions from a representative number of foundations and individuals. As more families struggle to receive appropriate scholastic development services, COCF believes that the general public will be more inclined to help fund its mission.(v) Representative Governing Body: COCF's governing body comprises 4 business leaders. The board continues its search for additional individuals who can bring their skills to COCF. Current and future governing body members are active and engaged in their communities, can support COCF's strategic development plan, have expertise in education, and are actively committed to reaching out for public support.(vi). Availability of Facilities or Services and Public Participation: COCF's programs have historically impacted the public through its grants to educational institutions that provide program-based learning opportunities for potentially at-risk children. The grants help create a scholastic environment where every child receives a quality education. The general public is a beneficiary of COCF's programs.CONCLUSION: COCF believes it qualifies as a publicly supported charity described in IRC 509(a)(1) pursuant to the facts and circumstances test found in Treasury Regulation 1.170A-9(e)(3). COCF has and will receive well in excess of ten percent (10%) of its total support from qualifying public sources. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 230482 230482 46096 11524 0 0 9465 329 2541 46096 58431 87647 2366 82 635 11524 14607 21911 1 Achievement First Inc 470 James St Ste 7 New Haven CT 06513 651203744 501(c)(3) 205000 0 To support educational programs 50Can Inc 1625 K Street NW Ste 400 Washington DC 20006 273069592 501(c)(3) 25000 0 To support educational programs 2 Part I, Line 2: The Foundation awards a select number of grants to organizations and is able to work with them to ensure the appropriate use of the funds. Form 990, Part VI, Section A, line 2 Andrew Boas and Carol Boas have a family relationship. Form 990, Part VI, Section B, line 11b A draft of the Form 990 is distributed to the Board prior to filing and the Board members are asked to promptly provide their comments, if any. Form 990, Part VI, Section C, line 19 Upon request.