2019-05-15T17:25:54-07:00 2018-12-31 262490887 JOHN A WATTS CPA LLC 17 Clemens Ave Trumbull CT 066111958 990 2018-01-01 474364468 THE PROSPERITY FOUNDATION INC PROS 2039091315 1287 Chapel St New Haven CT 06511 Howard K Hill President 2019-05-15 true John A Watts P00972561 2032613938 X 2018 2020-01-14 16:20:31Z 1287 Chapel St New Haven CT 065114514 90545 false false X www.tpfct.org X 2015 CT Pursue charitable and educational activities to strengthen Connecticut's African- American/Black communities in areas such as economic development, education, and health. 7 7 0 7 0 132227 96172 0 13049 -5627 0 145276 90545 65127 68583 0 0 0 0 46311 49802 111438 118385 33838 -27840 177590 179407 0 177590 179407 Pursue charitable and educational activities to strengthen Connecticut's African- American/Black communities in areas such as economic development, education, and health. false false 66283 61783 Education Awarded 28 grants to various organizations conducting educational training in STEM programs, etc 4300 4300 Health Awarded 2 grants to various organizations conducting health screenings, educational, and instructional programs 2500 2500 Economic Development Awarded 1 grant to an organization in the AFRICAN/American community serving Hartford/New Haven/Fairfield county regions 73083 true false false false false true false false false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true false false false false false false false false false true 3 0 true 0 false false false false false false false false false 0 false false false false false false false false false false false false X 7 7 false false false false false true false true true false false true true true true true true false false false X Howard K Hill 2039091315 1287 Chapel St New Haven CT 065114514 X Howard K Hill President 5.00 0.00 X X 0 0 0 Larry Conaway Vice President 3.00 0.00 X X 0 0 0 Cathy Graves Secretary 1.00 0.00 X X 0 0 0 Yves Joseph II Treasurer 5.00 0.00 X X 0 0 0 Valarie Shultz-Wilson Director 2.00 0.00 X 0 0 0 Brian H Cook Director 1.00 0.00 X 0 0 0 Rahsaan Akbar Director 1.00 0.00 X 0 0 0 0 false false false 0 96172 96172 0 -5627 -5627 0 0 0 0 0 0 0 0 90545 -5627 68583 68583 0 0 0 0 0 0 0 0 0 0 0 24818 4500 20318 0 0 1755 1755 0 522 522 6198 6198 2603 2603 0 0 468 468 0 11933 11933 0 0 0 0 Printing and Publications 1000 1000 Misc 415 415 Licenses & permits 50 50 Other 40 40 0 118385 73083 45302 0 60878 48472 0 0 0 0 0 0 0 0 0 116712 130935 0 0 0 0 177590 179407 0 0 X 177590 179407 177590 179407 177590 179407 -27840 29657 X false false false X 700 245314 132227 96172 474413 0 0 700 245314 132227 96172 474413 0 474413 258 507 595 1360 0 0 475773 X 0.00000 19 26247 7040 130935 true true 116712 26247 -5627 7040 1755 130935 59710 53836 14451 9977 1308 116712 28481 32930 3793 4104 1390 59710 1.00000 true false false Part V, Line 4: Intended uses of the endowment fund. Endowment Funds are used to provide funding and allow the organization to meet its charitable purposes for education, economic development, and health activities. The funds are also used to generate income thereby increasing the total amount available for use in accomplishing the organization's charitable purposes. Howard K Hill Board member 2500 Grant award false Nancy Hill Board member 2500 grant award false Larry Conaway Board member 4000 grant award false Cathy Graves Board member 3800 grant award false Schedule L, Part V Supplemental Information 1. Howard K. Hill: President and board member of the organization, is also a board member of an organization that was awarded a $2,500.00 grant.2. Nancy Hill: Former board member of the organization & spouse of Howard K. Hill, is also a board member of an organization that was awarded a $2,500.00 grant.3. Larry Conaway: Vice President and board member of the organization, is the principal of an organization that was awarded a $4,000.00 grant. 4. Cathy Graves: Secretary and board member of the organization is a board member of an organization that was awarded grants totaling $3,800.00 Form 990, Part VI, Line 11b: Form 990 Review Process Form 990 is prepared by an independent CPA, discussed and reviewed with Treasurer prior to review and discussion with all officers, the full board and governing body, and filing with the IRS. The review covers the financial information contained in Parts I, VII - IX as well as Schedule A. The review also covers management's responsibility and the programs financial and non financial information. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts The organization has a conflict of interest policy that is completed annually by the officers and directors. If any conflicts are identified, it is the practice of management to review and monitor the conflicts. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available The financial statements along with Form 990 and other required public documents are made available upon written request.