2015-05-11T14:16:54-05:00 2014-12-31 061009205 BLUM SHAPIRO & CO PC 29 SOUTH MAIN STREET WEST HARTFORD CT 061272000 990 2014-01-01 066032106 THE COMMUNITY FOUNDATION FOR GREATER NEW HAVEN COMM 2037772386 70 AUDUBON STREET NEW HAVEN CT 06510 ANDREW F ALDEN SR VICE PRESIDENT AND CFO 2037772386 2015-05-06 1 MARY KAY CURTISS P01551484 8605614000 2015-05-06 2014 2016-02-25 16:41:14Z ANDREW F ALDEN 70 AUDUBON STREET NEW HAVEN CT 06510 90445309 0 X WWW.CFGNH.ORG X 1928 CT THE MISSION OF THE COMMUNITY FOUNDATION IS TO CREATE POSITIVE AND SUSTAINABLE CHANGE IN GREATER NEW HAVEN BY INCREASING THE AMOUNT AND ENHANCING THE IMPACT OF COMMUNITY PHILATHROPY. 12 12 45 308 0 0 22532825 24020556 0 0 27267813 27663860 0 0 49800638 51684416 20566273 20770959 0 0 3277687 3416706 0 0 1684922 3435906 3322977 27279866 27510642 22520772 24173774 416295565 443530278 3445770 1863295 412849795 441666983 X THE MISSION OF THE COMMUNITY FOUNDATION IS TO CREATE POSITIVE AND SUSTAINABLE CHANGE IN GREATER NEW HAVEN BY INCREASING THE AMOUNT AND ENHANCING THE IMPACT OF COMMUNITY PHILATHROPY. 0 0 5833009 5286648 EDUCATION: GRANTS THAT SUPPORT PROGRAMS AND SERVICES THAT PROVIDE QUALITY EDUCATION. 4666407 4186478 HEALTH: GRANTS THST SUPPORT PROGRAMS AND SERVICES THAT ENSURE HEALTH AND WELLNESS. 3966446 3463383 CIVIC VITALITY: GRANTS THAT SUPPORT PROGRAMS AND SERVICES THAT PROMOTE CIVIC VITALITY. 8866175 7834450 GRANTS THAT SUPPORT PROGRAMS AND SERVICES THAT SUPPORT ARTS AND CULTURE, MEET BASIC NEEDS, BOOST ECONOMIC SUCCESS, PROTECT THE ENVIRONMENT, AND NURTURE CHILDREN AND YOUTH. 8866175 7834450 23332037 1 1 0 0 0 1 0 0 0 0 1 1 0 0 1 0 0 1 0 0 1 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 X 23 0 1 45 1 0 1 CJ EI BD CA 0 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 1 1 CT X X X ANDREW F ALDEN 2037777061 70 AUDUBON STREET NEW HAVEN CT 06510 WILLIAM COLWELL ESQ CHAIR/DIRECTOR 1.00 X X 0 0 0 KICA MATOS VICE CHAIR/DIRECTOR 1.00 X X 0 0 0 ROLAN JONI YOUNG SMITH DIRECTOR 1.00 X 0 0 0 HOWARD K HILL DIRECTOR 1.00 X 0 0 0 CHARLES LONG DIRECTOR 1.00 X 0 0 0 DAVID NEWTON DIRECTOR 1.00 X 0 0 0 EMILY BYRNE DIRECTOR 1.00 X 0 0 0 SHELLY SACZYNSKI DIRECTOR 1.00 X 0 0 0 JAMES RYAN DIRECTOR 1.00 X 0 0 0 ALICIA CARABALLO DIRECTOR 1.00 X 0 0 0 JIM PERILLO DIRECTOR 1.00 X 0 0 0 KELLYANN DAY DIRECTOR 1.00 X 0 0 0 FIRST NIAGARA BANK TRUSTEE COMMITTEE 1.00 X 0 0 0 WELLS FARGO BANK NA TRUSTEE COMMITTEE 1.00 X 0 0 0 BANK OF AMERICA MERRILL LYNCH TRUSTEE COMMITTEE 1.00 X 0 0 0 WILLIAM W GINSBERG PRESIDENT & CEO 40.00 X 278407 0 43957 ANDREW F ALDEN SR. VP FOR INVESTMENTS & C 40.00 X 245334 0 34784 ANGELA POWERS SR. VP FOR DEVELOPMENT 37.50 X 177139 0 25315 CHRISTINA CIOCIOLA SR. VP FOR GRANTMAKING 37.50 X 123417 0 10641 LEON BAILEY SR. VP ORGANIZATIONAL EFFE 37.50 X 149882 0 21606 DOROTHY WESTON-MURPHY VP DONOR/PROFESSIONAL SVCS 37.50 X 133201 0 11814 PATRICIA MELTON EXECUTIVE DIRECTOR NEW HAV 37.50 X 123903 0 17007 1231283 0 165124 7 0 1 0 WELLS FARGO 10 STATE HOUSE SQUARE 2ND FLOOR HARTFORD CT 06103 INVESTMENT MANAGER/TRUSTEE 445370 US TRUST BANK OF AMERICA 99 FOUNDERS PLAZA EAST HARTFORD CT 06108 INVESTMENT MANAGER/TRUSTEE 263160 ADAGE CAPITAL PARTNERS LP 200 CLARENDON STREET 52ND FLOOR BOSTON MA 02116 INVESTMENT MANAGER 234528 COLONIAL CONSULTING LLC 750 3RD AVE 20TH FLOOR NEW YORK NY 10017 INVESTMENT MANAGER 122313 4 531732 23488824 582791 24020556 15657784 15657784 50766969 38760893 12006076 12006076 12006076 51684416 0 0 27663860 20761114 20761114 9845 9845 602482 228943 222918 150621 2171587 825203 803487 542897 183098 69577 67746 45775 287068 109086 106215 71767 172471 65539 63814 43118 72259 27458 26736 18065 47250 17955 17483 11812 2151135 817431 795920 537784 91617 34815 33898 22904 55413 21057 20503 13853 149734 56899 55402 37433 11163 4242 4130 2791 210403 79953 77849 52601 11690 4442 4325 2923 31884 12116 11797 7971 EQUIPMENT RENTAL AND MA 186555 70891 69025 46639 PRINTING AND PUBLICATIO 114102 43359 42218 28525 MARKETING AND ADVERTISI 79873 30352 29553 19968 DUES AND FEES 34835 13237 12889 8709 75064 28523 27775 18766 27510642 23332037 2493683 1684922 4759160 14480013 10261170 2494966 60000 150000 837273 590832 225611 246441 283256544 295871878 114858258 127494896 2470000 2527329 404822 264755 416295565 443530278 928278 305564 1965347 995399 552145 562332 3445770 1863295 X 410305079 440573768 2544716 1093215 412849795 441666983 416295565 443530278 X 24173774 4619192 24222 X X 0 1 X 1 1 1 X 12052045 36496984 18810009 22532825 24020556 113912419 12052045 36496984 18810009 22532825 24020556 113912419 21769750 92142669 8012759 7407095 10688508 20024639 15657784 61790785 175703204 0.52440 0.56970 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 267 1257 5270278 18750278 2488971 21591128 34924042 406742942 1 1 837273 590832 246441 246441 ALTERNATIVE INVESTMENTS 127494896 F 127494896 SPLIT INTEREST AGREEMENTS 562332 562332 0 IRELAND 0 0 GRANT TO ORGANIZATION FROM MARY JANE REYNOLDS FUND 9845 0 0 0 0 0 0 9845 0 9845 IRELAND GENERAL PURPOSE 9845 WIRE TRANSFER FMV 0 0 0 0 0 0 PART I, LINE 2: FUNDS ARE DONOR DESIGNATED AND THERE IS USE OF A GRANT REMITTANCE FORM. PART I, LINE 3: FMV 1 VARIOUS TAX-EXEMPT ORGANIZATIONS 20761114 GENERAL PURPOSES PART I, LINE 2: GRANTS ARE MONITORED USING THE ON-LINE GIVEGREATER PLATFORM VIA ORGANIZATION PROFILES THAT ARE UPDATED ANNUALLY DIRECTLY BY THE ORGANIZATION, FORMAL ANNUAL/FINAL REPORTING QUESTIONS OR GRANT REMITTANCE FORMS. X X X X X 0 0 0 0 0 0 0 0 0 WILLIAM W GINSBERG PRESIDENT & CEO 278407 0 0 0 0 0 22272 0 21685 0 322364 0 0 0 ANDREW F ALDEN SR. VP FOR INVESTMENTS & C 245334 0 0 0 0 0 19627 0 15157 0 280118 0 0 0 ANGELA POWERS SR. VP FOR DEVELOPMENT 177139 0 0 0 0 0 14171 0 11144 0 202454 0 0 0 LEON BAILEY SR. VP ORGANIZATIONAL EFFE 149882 0 0 0 0 0 11991 0 9615 0 171488 0 0 0 X 9 582791 FMV 0 1 1 PART I, LINE 32B: UTILIZE OUTSIDE INSTITUTIONAL BROKERAGE FIRMS TO ORDERLY LIQUIDATE ANY SECURITIES THAT ARE GIFTED TO THE FOUNDATION. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS SHALL CONSIST OF ELEVEN CITIZENS OF THE UNITED STATES AND RESIDENTS OF THE CITY OF NEW HAVEN, CONNECTICUT, OR VICINITY, SELECTED FOR THEIR KNOWLEDGE OF THE CHARITABLE OR EDUCATIONAL NEEDS OF THE COMMUNITY. IT IS A CARDINAL PRINCIPLE OF THE FOUNDATION THAT IT SHALL BE CONDUCTED IN THE INTERESTS OF THE WHOLE COMMUNITY WITHOUT REGARD TO RACE, COLOR, RELIGION, SEX OR CREED, AND THAT TO THE GREATEST POSSIBLE EXTENT ALL INTERESTS, CLASSES AND CREEDS SHALL BE REPRESENTED ON THE BOARD OF DIRECTORS. NO PERSON HOLDING A SALARIED PUBLIC OFFICE SHALL BE A MEMBER OF SAID BOARD OF DIRECTORS; AND IF ANY MEMBER OF THE BOARD OF DIRECTORS SHALL BE APPOINTED OR ELECTED TO ANY SALARIED PUBLIC OFFICE, SUCH MEMBER SHALL THEREUPON AND WITHOUT ANY ACTION OR PROCEEDINGS WHATSOEVER CEASE TO BE A MEMBER OF THE BOARD OF DIRECTORS. NO EXECUTIVE OFFICER OF A TRUSTEE SHALL BE A MEMBER OF THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS SHALL BE SELECTED, APPOINTED AND CLASSIFIED AS FOLLOWS: CLASS 1 - ONE MEMBER BY THE CHIEF EXECUTIVE OF THE CITY OF NEW HAVEN, CONNECTICUT. CLASS 2 - ONE MEMBER BY THE PRESIDENT OR OTHER CHIEF EXECUTIVE OFFICER OF THE NEW HAVEN CHAMBER OF COMMERCE. CLASS 3 - ONE MEMBER BY THE JUDGE OF THE PROBATE COURT FOR THE DISTRICT OF NEW HAVEN, CONNECTICUT. CLASS 4 - ONE MEMBER BY THE TRUSTEES' COMMITTEE. CLASS 5 - ONE MEMBER BY THE PRESIDENT OR OTHER CHIEF EXECUTIVE OFFICER OF YALE UNIVERSITY. CLASS 6 - ONE MEMBER BY THE PRESIDENT OF THE NEW HAVEN COUNTY BAR ASSOCIATION. CLASS 7 - ONE MEMBER BY THE TRUSTEES' COMMITTEE. CLASS 8 - ONE MEMBER BY THE BOARD OF DIRECTORS BY MAJORITY VOTE OF ALL THE MEMBERS SERVING AT THE TIME OF SUCH APPOINTMENT. CLASS 9 - ONE MEMBER BY THE BOARD OF DIRECTORS BY MAJORITY VOTE OF ALL THE MEMBERS SERVING AT THE TIME OF SUCH APPOINTMENT. CLASS 10 - ONE MEMBER BY THE BOARD OF DIRECTORS BY MAJORITY VOTE OF ALL THE MEMBERS SERVING AT THE TIME OF SUCH APPOINTMENT. CLASS 11 - ONE MEMBER BY THE BOARD OF DIRECTORS BY MAJORITY VOTE OF ALL THE MEMBERS SERVING AT THE TIME OF SUCH APPOINTMENT. ALL APPOINTMENTS OF MEMBERS OF THE BOARD OF DIRECTORS SHALL BE MADE AT LEAST THIRTY DAYS BEFORE AND NOT MORE THAN NINETY DAYS BEFORE THE EXPIRATION OF THE TERM OF OFFICE OF THE PARTICULAR MEMBER OF THE COMMITTEE WHOSE POSITION SUCH APPOINTMENT IS DESIGNED TO FILL. FORM 990, PART VI, SECTION A, LINE 7B TRUSTEE BANKS PROVIDE GOVERNANCE DECISIONS RELATIVE TO THE SPENDING POLICY CALCULATION FOR THE FUNDS HELD AT EACH RESPECTIVE BANK. FORM 990, PART VI, SECTION B, LINE 11 THE 990 AND AUDITED FINANCIAL STATEMENTS ARE REVIEWED BY THE AUDIT COMMITTEE AND BOARD OF DIRECTORS BEFORE RELEASE AND SUBMISSION TO THE SERVICE AND THE GENERAL PUBLIC. FORM 990, PART VI, SECTION B, LINE 12C ALL STAFF AND BOARD MEMBERS MUST SIGN THE CONFLICT OF INTEREST POLICY ANNUALLY TO UPDATE ANY EXISTING AFFILIATIONS. FORM 990, PART VI, SECTION B, LINE 15 A COMPENSATION ANALYSIS WAS ORIGINALLY PERFORMED IN 2005 BY AN OUTSIDE CONSULTING FIRM. THE ANALYSIS WAS ORIGINALLY ADOPTED BY THE FINANCE COMMITTEE OF THE BOARD AT THE END OF 2005 AND UPDATED VIA AN EXTERNAL CONSULTING FIRM AND ADOPTED BY THE BOARD OF DIRECTORS VIA ITS FINANCE COMMITTEE RECOMMENDATION IN MAY 2011. THE DUET PERFORMANCE SYSTEM IS A PERFORMANCE-BASED SYSTEM CREATED BY AN OUTSIDE CONSULTING COMPANY THAT PROVIDES INDIVIDUAL AND ORGANIZATIONAL PERFORMANCE INDICATORS FOR ALL STAFF. THE CEO PERFORMANCE IS REVIEWED BY THE BOARD OF DIRECTORS. IN APRIL 2011 COMPENSATION WAS UPDATED BY AN EXTERNAL INDEPENDENT FIRM. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE AVAILABLE ON THE WEBSITE OR UPON REQUEST. GOVERNING DOCUMENTS AND THE CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 24,222. FORM 990, PART XII, LINE 2C THE ORGANIZATION HAS AN AUDIT COMMITTEE THAT ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED IN THE CURRENT YEAR. THE VALLEY COMMUNITY FOUNDATION INC 253-A ELIZABETH STREET DERBY CT 06418 841637102 CONNECTS PRIVATE PHILANTHROPY TO THE LONG-TERM PUBLIC GOOD CT 501(C)(3) LINE 7 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 THE VALLEY COMMUNITY FOUNDATION INC B 998627