NonprofitsMain Street Community Foundation

Community Foundations

Main Street Community Foundation

BRISTOL, CT

Total revenue

$5.7M

Total expenses

$2.7M

Net assets

$37.3M

Grants received

$555K

51 grants

EIN

061433299

Tax year

2024

Mission

Inspiring donors and community partners to foster a sustainable legacy of impactful giving.

Programs

2 programs

The foundation's scholarship program brings together students in need and donors who care about education to enable more students to achieve their educational dreams. The foundation believes that an investment in area students is an investment in our community. The impact of this investment will be realized long beyond the degree obtained. The foundation currently administers over 100 named scholarship funds that have been established by individuals, families, businesses and other organizations.

Expenses: $346KGrants: $346K

Grants from agency endowment funds established by an unrelated entity which uses its own funds for its own benefit.

Expenses: $265KGrants: $208K

Financials

FY 2024

Revenue

Contributions & grants$2.6M
Program service revenue$215K
Investment income$2.9M
Other revenue$2K
Total revenue$5.7M

Expenses

Grants paid$1.6M
Salaries & benefits$691K
Fundraising$57K
Other expenses$436K
Total expenses$2.7M
Total assets$37.5M
Net assets$37.3M

People

22 listed

NameRoleCompensation

SUSAN SADECKI

PRESIDENT & CEO

Board

$189K

38 hrs/wk

DANIEL J DAIGLE

CHAIR OF THE BOARD

Board

2 hrs/wk

KATHRYN C REINHARD

VICE CHAIR

Board

2 hrs/wk

SCOTT FOURNIER

PAST CHAIR OF THE BOARD

Board

2 hrs/wk

KYLE S BIDDICK

TREASURER

Board

2 hrs/wk

WILLIAM R MICARI

SECRETARY

Board

2 hrs/wk

MEGAN E ALBANESE

DIRECTOR

Board

1 hrs/wk

JARRE B BETTS

DIRECTOR

Board

1 hrs/wk

BRENT T DAVENPORT

DIRECTOR

Board

1 hrs/wk

VIRGINIA FITZGERALD

DIRECTOR

Board

1 hrs/wk

ANDREA LANESE

DIRECTOR

Board

1 hrs/wk

MARK MALLEY

DIRECTOR

Board

1 hrs/wk

MARK MORIARTY

DIRECTOR

Board

1 hrs/wk

JENNIFER O'CONNOR

DIRECTOR

Board

1 hrs/wk

SUZANNE M PASSINI

DIRECTOR

Board

1 hrs/wk

JOHN D SCARRITT

DIRECTOR

Board

1 hrs/wk

MICHAEL F SWEENEY

DIRECTOR

Board

1 hrs/wk

ANDREA WASLEY

DIRECTOR

Board

1 hrs/wk

REBECCA B ZAPPONE

DIRECTOR

Board

1 hrs/wk

WYLAND DALE CLIFT

DIRECTOR

Board

1 hrs/wk

PAULA KNIGHT

DIRECTOR

Board

1 hrs/wk

MARGUERITE P FLETCHER

DIRECTOR (UNTIL 03/24)

Board

1 hrs/wk

Grants received

Showing 51 of 51

FromAmountPurposeYear
$81K
UNRESTRICTED GENERAL
2024
$6K
GENERAL SUPPORT
2024
$2K
$1,176 UNRESTRICTED, MAY BE USED TOWARD GREATEST NEED AND 1,177 TOWARD WOMEN AND GIRLS FUND
2024
$2K
GRANT MASTERY TRAINING
2024
$2K
DISCRETIONARY GRANTS - GRANT MASTERY TRAINING
2024
$1K
UNRESTRICTED; MOST PRESSING NEED
2024
$50K
TO SUPPORT EDUCATIONAL PROGRAMS
2023
$7K
UNRESTRICTED, MOST PRESSING NEED
2023
$3K
FUNDING TO SUPPORT THE FRIENDS OF MAIN STREET CAMPAIGN
2023
$2K
FUNDING TO SUPPORT THE KAI ALEJANDRO YAGUAL BETTS MEMORIAL FUND
2023
$1K
FUNDING TO SUPPORT THE BARBARA HACKMAN FRANKLIN FUND FOR WOMEN
2023
$1K
FUNDING TO SUPPORT THE WALLACE BARNES FUND FOR COMMUNITY
2023
$900
FUNDING TO SUPPORT THE BRISTOL POLICE MEMORIAL FUND
2023
$175
GENERAL PURPOSE
2023
$100K
ESTABLISH SCHOLARSHIP FUND
2022
$25K
TO ASSIST IN THE CHARTIABLE PURPOSE OF THE ORGANIZATION.
2022
$5K
UNRESTRICTED, MOST PRESSING NEED
2022
$5K
To support the Foundations mission to address a broad range of community goals and to better the communities that it supports.
2022
$4K
FUNDING TO SUPPORT THE FRIENDS OF MAIN STREET CAMPAIGN
2022
$1K
FUNDING TO SUPPORT THE ALEX HAMZY FUND
2022
$900
FUNDING TO SUPPORT THE KAI ALEJANDRO YAGUAL BETTS MEMORIAL FUND
2022
$150
Manning/Sisson Memorial fund
2022
$100
BOARD/EMPLOYEE MATCH
2022
$7K
To support the Foundations mission to address a broad range of community goals and to better the communities that it supports.
2021
$2K
FUNDING TO SUPPORT THE FRIENDS OF MAIN STREET CAMPAIGN
2021
$300
IN HONOR OF RYAN AND KAITLIN HUMBLE
2021
$225
FUNDING TO SUPPORT THE WALLY BARNES FUND FOR COMMUNITY INITIATIVES
2021
$225
FUNDING TO SUPPORT THE KAI ALEJANDRO YAGUAL BETTS MEMORIAL FUND
2021
$100
TO CONTINUE SERVICES & PROGRAMS
2021
$95K
SUPPORT WORK OF DONEE
2020
$25K
COVID-19 EMERGENCY FUND
2020
$25K
COVID-19 EMERGENCY FUND
2020
$6K
2021 Women & Girls' Funder Wonder of Women Sponsorship Event.
2020
$5K
FUNDING TO SUPPORT THE KAI ALEJANDRO YAGUAL BETTS MEMORIAL FUND
2020
$5K
WOMEN'S FUND
2020
$5K
FUNDING TO SUPPORT THE COVID-19 RECOVERY FUND
2020
$5K
PROGRAM GRANT - COVID-19 RESPONSE FUND
2020
$3K
TO SUPPORT COMMUNITY DEVELOPMENT
2020
$1K
FUNDING TO SUPPORT THE FRIENDS OF MAIN STREET ANNUAL APPEAL
2020
$1K
GENERAL OPERATING PURPOSES
2020
$900
FUNDING TO SUPPORT THE KAI ALEJANDRO YAGUAL BETTS MEMORIAL FUND
2020
$10K
FUNDING TO SUPPORT THE FRIEND'S CAMPAIGN
2018
$5K
FUNDING TO SUPPORT THE NUTMEG SYMPHONY EDUCATIONAL ACTIVITIES FUND
2018
$5K
FUNDING TO SUPPORT THE MONEY IN MOTION - SUMMER WORKFORCE PROGRAM
2018
$5K
FUNDING TO SUPPORT THE MEN & BOY'S FUND - ENDOWMENT
2018

Funded by

$555K from 18 funders · 51 grants · 2018–2024

Robert Rosenheim Foundation Inc

$195K · 2 grants · 2020–2022

Trask Ervin E Scholarship Fund

$81K · 1 grant · 2024

The Stocker Foundation

$71K · 8 grants · 2020–2024

The Sky Bight Foundation Inc

$53K · 19 grants · 2018–2023

The Barnes Foundation Inc

$50K · 1 grant · 2023

American Online Giving Foundation Inc

$39K · 4 grants · 2021–2024

The Hometown Foundation Inc

$25K · 1 grant · 2022

The Hospital of Central Connecticut

$18K · 3 grants · 2020–2022

Details

EIN061433299
NTEE codeT310
Subsection03
Ruling date1996-01
Formed1995
Employees7
Volunteers120
MAIN STREET COMMUNITY FOUNDATION — Mission, Financials & Grants Received | Grantivo