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Filing year 2024

THE CONNECTICUT COMMUNITY FOUNDATION

Waterbury, Connecticut·EIN 06-6038074·NTEE T310 · Philanthropy, Voluntarism & Grantmaking Foundations·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 · Schedule J · 6 reported individuals · Filing year 2024

Vice President Community Impact
vice president
$175k
$189k
Base
$135k
Bonus
Other
Benefits
$40k
Director of Finance
$168k
$181k
Base
$145k
Bonus
Other
Benefits
$4k
Director of Development
$149k
$161k
President & CEO (until 06/24)
$145k
$156k
President & CEO (as of 06/24)
$128k
$138k
Grants Management Director
highest compensated employee
$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

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.

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

Revenue and expenses over time

THE CONNECTICUT COMMUNITY FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$14.9M
$10M
2023
$26.1M
$11.4M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Connecticut

Comparable philanthropy, voluntarism & grantmaking organizations in Connecticut pay their highest-earning executive a median of $29,000.

25th percentile
$10k
Median
$29,000
75th percentile
$99k
90th percentile
$192k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 69 organizations across 69 filings (2022 – 2023).

See full Philanthropy, Voluntarism & Grantmaking pay data for Connecticut
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