2015-07-31T12:11:08-07:00 2014-12-31 KING KING & ASSOCIATES CPAS 170 HOLABIRD AVE WINSTED CT 060981727 990 2014-01-01 066114199 TORRINGTON AREA FOUNDATION FOR PUBLIC GIVING TORR 8606261245 PO BOX 1144 TORRINGTON CT 06790 Guy Rovezzi President 2015-07-31 true Robert E King CPA P00083643 8603790215 2014 2016-02-25 16:41:14Z 313434 false false X WWW.CFNWCT.ORG X 1970 CT TO ENHANCE QUALITY OF LIFE FOR CITIZENS IN ITS SERVICE AREA BY IDENTIFYING AND RESPONDING TO COMMUNITY NEEDS BY PROVIDING FINANCIAL ASSISTANCE IN THE FORM OF SCHOLARSHIPS AND GRANTS TO 501(C)(3) ORGANIZATIONS. 16 16 0 125 0 83850 100713 0 610338 170536 636 42185 694824 313434 141969 247217 0 0 0 0 129839 130057 271808 377274 423016 -63840 5409571 5354964 111913 108300 5297658 5246664 TO ENHANCE QUALITY OF LIFE FOR CITIZENS IN ITS SERVICE AREA BY IDENTIFYING AND RESPONDING TO COMMUNITY NEEDS BY PROVIDING FINANCIAL ASSISTANCE IN THE FORM OF SCHOLARSHIPS AND GRANTS TO 501(C)(3) ORGANIZATIONS. false false 247217 247217 INCOME FROM INVESTMENTS IS TO BE DISTRIBUTED ANNUALLY TO WORTHY RECIPIENTS {501(C)(3)} AS CHOSEN BY THE GRANTS COMMITTEE. FUNDS HAVE BEEN ESTABLISHED BY MANY SEPARATE DONORS FOR THE BENEFIT OF THE RESIDENTS OF BARKHAMSTED, BETHLEHAM, CANAAN/FALLS VILLAGE, COLEBROOK, CORNWALL, GOSHEN, HARTLAND, HARWINTON, LITCHFIELD, MORRIS, NEW HARTFORD, NORFOLK, NORTH CANAAN, SALISBURY, TORRINGTON, WASHINGTON, WARREN, OR WINSTED. THE FOUNDATION WILL, AS DESIGNATED BY THE DONOR'S GIFT INSTRUMENT, EXPAND THE SCOPE OF ITS PHILANTHROPIC ACTIVITIES WITHOUT RESTRICTION TO ANY GEOGRAPHIC LOCATION. IN ADDITION, FINANCIAL ASSISTANCE IN THE FORM OF SCHOLARSHIPS IS AWARDED TO LOCAL INDIVIDUALS PURSUING HIGHER EDUCATION. FOR 2014, GRANTS IN THE AMOUNT OF $247,217 WERE AWARDED AND FINANCIAL ASSISTANCE IN THE FORM OF SCHOLARSHIPS WAS PROVIDED IN THE AMOUNT OF $21,400. 247217 true true false false false false false false false true false false false true false false false true false false false false false false false false false true true true false false false false false false false false false false false false false false false false true false false false false true 0 0 false 0 false false false false false false false false false 0 false false false false false false false false false false X 16 16 false false false false false false false true true false false true true true true true true false false false CT X X GUY ROVEZZI 8606261245 PO BOX 1144 TORRINGTON CT 067901144 Khurshed Bhumgara Director 1.00 1.00 X 0 0 0 DOUGLAS O'CONNELL ESQ Vice Chair 1.00 2.00 X X 0 0 0 DAN DWYER DIRECTOR 1.00 1.00 X 0 0 0 Miki Duisterhof Director 1.00 1.00 X 0 0 0 CHRISTOPHER WALL ESQ Director 1.00 1.00 X 0 0 0 RONALD ROSENSTEIN ESQ DIRECTOR 1.00 1.00 X 0 0 0 WILLIAM HARDING Director 1.00 1.00 X 0 0 0 F Robert Petricone Director 1.00 1.00 X 0 0 0 ALYSON THOMSON Secretary 1.00 1.00 X X 0 0 0 JIM BLACKKETTER Director 1.00 1.00 X 0 0 0 THOMAS BECHTLE Chairman 1.00 2.00 X X 0 0 0 JEFF LALONDE Treasurer 1.00 2.00 X 0 0 0 Norman Rogers Esq Director 1.00 1.00 X 0 0 0 GAYLE MORASKI 2ND VICE CHAIR 1.00 2.00 X X 0 0 0 VICKIE PATRICK CPA Treasurer 1.00 2.00 X X 0 0 0 ANITA BAXTER Director 1.00 0.00 X 0 0 0 ROBERTA LEE AUGUST Rec Secretary 1.00 2.00 X 0 0 0 GUY ROVEZZI President 5.00 35.00 X 0 150000 5741 150000 5741 0 false true false 0 100713 100713 0 306410 306410 0 0 0 -135874 -135874 -135874 -135874 0 0 0 MISCELLANEOUS INCOME 900099 83 83 UNFULFILLED GRANT AWARDS 900099 42102 42102 42185 313434 -135791 348512 225817 225817 21400 21400 0 0 0 0 0 0 0 0 83905 83905 0 0 0 0 46152 46152 0 0 0 0 0 0 0 0 0 0 0 0 0 0 377274 247217 130057 0 0 85014 100746 0 0 0 0 0 0 0 0 4579477 4476250 0 0 0 745080 777968 5409571 5354964 111912 108300 1 111913 108300 X 5218566 5123352 79092 123312 5297658 5246664 5409571 5354964 X -63840 32571 -19725 X false true X true false X 1405 1025 7230 83850 100713 194223 0 0 1405 1025 7230 83850 100713 194223 0 194223 151011 194999 161248 146348 306410 960016 0 10000 636 42185 52821 1207060 401958 0.16090 0.13110 X Prior Year Facts and Circumstances: Established in 1969 as a community Trust, the Torrington Area Foundation for Public Giving is a charitable, tax exempt, publicly supported, philanthropic corporation within the meaning of section 509(a)(1) and 170(b)(1)(A)(vi) of the United States Code established for the purpose of encouraging broad based community support, contributions and local philanthropic resources to meet changing community needs. The mission of the Trust is to collect, hold and manage these resources as a permanent endowment, and to distribute these resources in the form of grants and scholarships guided by a prudent Spending Policy, for local charitable uses and purposes.The organization is governed by a Trust Board of 15 local community leaders, selected for their knowledge of community needs and their involvement in advancing the welfare of Northwest Connecticut and the communities in which they reside.In an effort to provide more flexibility and expertise surrounding the engagement of investment managers and investment vehicles, the Trust established a corporate entity in 1999, known as The Community Foundation of Northwest Connecticut, Inc. Most of the new gifts and contributions are made to the corporate entity. The operations and governance structures of these two entities are substantively the same.Annually, the Torrington Area Foundation conducts and annual appeal from the communities it supports. The combined contributions average $75,000 to $90,000 from approximately 250 to 300 contributors. This broad based community support assists the Foundation in meeting its public support test on an annual basis. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5324557 2351 137230 122403 195817 5145918 4996598 83850 541960 141969 155882 5324557 4697266 7230 479219 93852 93265 4996598 5105094 1025 -271141 91097 46615 4697266 0.97600 0.02400 false false false Charitable Remainder Trusts 292459 777968 Part V, Line 4: Intended uses of the endowment fund. TO ENHANCE QUALITY OF LIFE FOR CITIZENS IN ITS SERVICE AREA BY IDENTIFYING AND RESPONDING TO COMMUNITY NEEDS BY PROVIDING FINANCIAL ASSISTANCE IN THE FORM OF SCHOLARSHIPS AND GRANTS TO 501(C)(3) ORGANIZATIONS. true AFTER SCHOOL ARTS PROGRAM PO BOX 15 6 BEE BROOK RD WASHINGTONDEPOT CT 06794 201308465 501(C)(3) 6500 0 SUPPORT INTERDISCTRICT ARTS EDUCA Community Foundation of NW CT PO Box 1144 Torrington CT 06790 061565733 501(c)(3) 82714 0 General Operations NW COMMUNITY CALLABORATIVE 61 MAIN STREET TORRINGTON CT 06790 454928276 501(C)(3) 20000 0 FUND LITERACY TREEHOUSE IN MUSEUM NW CT ARTS COUNCIL 40 MAIN STREET SUITE 1 TORRINGTON CT 06790 061725017 501(C)(3) 8000 0 SUPPORT INFRASTRUCTURE TRANSITIONS PleasantValleyChildrensCtr PO Box132 Pleasat Valley CT 06063 060892711 501(c)(3) 6000 0 Purchase of Block Set &Storage Shed TORRINGTON POLICE ACT LEAGUE 140 MAIN STREET TORRINGTON CT 06790 222488219 501(C)(3) 13445 0 SUPPORT PAL & EDUCATIONAL PROGRAMS TORRINGTON PUBLIC SCHOOLS 355 MIGEON AVENUE TORRINGTON CT 06790 061095635 501(C)(3) 9000 0 SUPPORT ENRICHMENT & KIDSMARATHON 7 0 Student Scholarships 29 21400 Grantmaker's Description of How Grants are Used Subsequent to receiving funding, nonprofits must complete a Post-Grant Common Report. In addition, a representative of the Foundation may conduct a site visit to determine a) how the grant funds were used, b) if the anticipated outcome was achieved, c) any challenges encountered by the grantee, and d) how the community impact was measured. false false false false false false false false false false GUY ROVEZZI President 150000 5741 155741 Form 990, Part VI, Line 11b: Form 990 Review Process The Board and Audit Committee are provided a copy of the audited financial statements and and the completed Form 990 at a reguarly scheduled Board Meeting. Those unable to attend are provided one electronically. The Audit Committee reviews the 990 with the full board and staff, and opportunities for questions and discussion are provided. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts Through the inspection of public records, nonprofit governing documents,and due diligence efforts surrounding community affiliations and associations. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available Offered for inspection through website, annual report periodic communications and by request. Other Changes In Net Assets Or Fund Balances - Other Decreases Change in Value of Split-interest Agreements = -$19725 Community Foundation of Northwest CT PO Box 1144 Torrington CT 06790 061565733 To enhance the lives of citizens in its service area CT 501(c)(3) 7 NA false John T & Jane A Wiederhold Foundation 185 Asylum Street 3rd Floor Hartford CT 06103 061830842 To Support the Welfare of Animals CT 501(c)(3) PF N/A false false true false false false false false false false false false false true true true true false false false Community Foundation of Northwest CT b 82712 Cost Community Foundation of Northwest CT m 5229 ALLOCATED COST Community Foundation of Northwest CT n 5198 ALLOCATED COST Community Foundation of Northwest CT o 41379 ALLOCATED COST Community Foundation of Northwest CT p 83905 COST