NonprofitsCharter Oak State College Foundation Inc

Charter Oak State College Foundation Inc

NEW BRITAIN, CT

Total revenue

$1.3M

Total expenses

$1.3M

Net assets

$2.8M

Grants received

$378K

15 grants

EIN

060969831

Tax year

2023

Mission

The charter oak state college foundation is dedicated to supporting flexible and comprehensive degree completion opportunities for adults, and technology innovations through the work of charter oak state college.

Programs

2 programs

Pathways

Expenses: $896KGrants: $896K

Women in transition program (wit) - established in 2000 to break the cycle of poverty, the wit program is a proven formula that helps low-income single mothers earn a college degree with no to minimal debt. The program eliminates barriers such as, covers the cost of tuition, fees, and books; and provides the necessary technology and access. While the college platform addresses home front, childcare, and transportation challenges; plus offers academic support, tutoring, and coaching. The support and resources strategically remove hindrances, enabling students to focus on their studies and reach degree completion. The program awards assistance to approximately 35 women each academic year.

Expenses: $150KGrants: $150K

Financials

FY 2023

Revenue

Contributions & grants$1.1M
Program service revenue
Investment income$106K
Other revenue
Total revenue$1.3M

Expenses

Grants paid$1.2M
Salaries & benefits
Fundraising$28K
Other expenses$97K
Total expenses$1.3M
Total assets$2.8M
Net assets$2.8M

People

13 listed

NameRoleCompensation

JOYCE PETRELLA

PRESIDENT

Board

0

GLENN DAVIS

VICE PRESIDENT

Board

0

JOE WAXMAN

SECRETARY

Board

0

TONY DISORBO

DIRECTOR

Board

0

JULIO CASIANO

TREASURER

Board

0

PAUL CHAPLINSKY

DIRECTOR

Board

0

KATHRYN MASTANDREA

DIRECTOR

Board

0

SUSAN LEWIS

DIRECTOR

Board

0

MARY MCCALLISTER

DIRECTOR

Board

0

DANIEL PURUSHOTHAM

DIRECTOR

Board

0

ALBERT SCHMID

DIRECTOR

Board

0

SEAN DOHERTY

DIRECTOR

Board

0

CAROL HALL

EXECUTIVE DIRECTOR

Board

0

Grants received

Showing 15 of 15

FromAmountPurposeYear
$100K
COLLEGE SUCCESS GRANT INSTALLMENT.
2024
$9K
PARENTS INTENT ON IMPROVING TOMORROW (PIIT)
2024
$98K
COLLEGE SUCCCESS GRANT INSTALLMENT
2023
$10K
Scholarship
2023
$10K
TO SUPPORT PARENTS INTENT ON IMPROVING TOMORROW (PIIT)
2023
$22K
COLLEGE SUCCCESS GRANT INSTALLMENT
2022
$3K
CHARITABLE
2022
$10K
For grant recipient's exempt purposes
2021
$10K
For grant recipient's exempt purposes
2021
$3K
INTENT ON IMPROVING TOMORROW FOR PARENTS
2021
$14K
For grant recipient's exempt purposes
2020
$10K
TO SUPPORT CAPACITY BUILDING
2020
$66
GENERAL PURPOSE
2020

Funded by

$378K from 9 funders · 15 grants · 2020–2024

Aurora Women And Girls Foundation Inc

$220K · 3 grants · 2022–2024

Hartford Foundation For Public Giving

$81K · 2 grants · 2022–2023

Fidelity Investments Charitable Gift Fund

$33K · 3 grants · 2020–2021

Farmington Bank Community

$12K · 2 grants · 2021–2024

Boston Foundation Inc

$10K · 1 grant · 2023

Liberty Bank Foundation Inc

$10K · 1 grant · 2023

Mckesson Foundation Inc

$3K · 1 grant · 2022

Details

EIN060969831
Subsection03
Ruling date1978-02
Formed1977
Employees0
Volunteers0