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Filing year 2024

THE CONNECTICUT COMMUNITY FOUNDATION

Waterbury, Connecticut·EIN 06-6038074·NTEE T310 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$26.1M
Total assets
$175.5M
Total expenses
$11.4M
Reported officers
26
Mission

TO FOSTER AN EQUITABLE AND INCLUSIVE COMMUNITY IN GREATER WATERBURY AND LITCHFIELD HILLS BY INSPIRING GENEROSITY, SUPPORTING ORGANIZATIONS, AND CULTIVATING EFFECTIVE LEADERS. THE FOUNDATION WORKS TO ADDRESS THE COMMUNITY'S CRITICAL ISSUES, FUNDS PROGRAMS BENEFITING LOCAL RESIDENTS, SUPPORTS EFFORTS TO IMPROVE SYSTEMS TO FOSTER MORE EQUITABLE OUTCOMES FOR RESIDENTS, STRENGTHENS LOCAL ORGANIZATIONS THROUGH LEARNING AND OUTREACH, AND WORKS WITH INDIVIDUALS, FAMILIES AND CORPORATIONS TO STEWARD CHARITABLE AND SCHOLARSHIP FUNDS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 6 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations nationwide.

Vice President Community Impact
Board Vice President
75th to 90th percentile
$175k
$189k
Base
$135k
Bonus
Other
Benefits
$40k
Director of Finance
Median to 75th percentile
$168k
$181k
Base
$145k
Bonus
Other
Benefits
$4k
Director of Development
Median to 75th percentile
$149k
$161k
President & CEO (until 06/24)
Median to 75th percentilevs Philanthropy, Voluntarism & Grantmaking peers in Connecticut
$145k
$156k
President & CEO (as of 06/24)
Median to 75th percentilevs Philanthropy, Voluntarism & Grantmaking peers in Connecticut
$128k
$138k
Grants Management Director
Highest Compensated Employee
10th to 25th percentile
$119k
$129k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 20 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at THE CONNECTICUT COMMUNITY FOUNDATION equaled 2% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
2%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Down 31%
from 2023

From $254k in 2023 to $175k in 2024.

$254k
2023
$175k
2024
In today's dollarsEst.
Down 33% in real terms$283k to $189k

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Vice President pay rose 1% from 2023 to 2024, while revenue rose 74%.

$173k in 2023 to $175k in 2024.
  • Chief Financial Officer pay rose 8% from 2023 to 2024.
  • Chief Executive Officer pay fell 43% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about THE CONNECTICUT COMMUNITY FOUNDATION

What does the Board Vice President of THE CONNECTICUT COMMUNITY FOUNDATION earn?

In 2024, the Board Vice President of THE CONNECTICUT COMMUNITY FOUNDATION received $174,573 in total compensation. This pay is in the top quarter for Board Vice President roles among Philanthropy, Voluntarism & Grantmaking organizations nationwide, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Board Vice President pay at THE CONNECTICUT COMMUNITY FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations nationwide, the 2024 pay of the Board Vice President at THE CONNECTICUT COMMUNITY FOUNDATION falls between the 75th and 90th percentiles. In 2024, the highest total compensation at THE CONNECTICUT COMMUNITY FOUNDATION equaled 2% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are THE CONNECTICUT COMMUNITY FOUNDATION's revenue and expenses?

In 2024, THE CONNECTICUT COMMUNITY FOUNDATION reported $26.1M in total revenue and $11.4M in total expenses on its IRS Form 990.

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