Hartford Business Journal

February 8, 2016

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10 Hartford Business Journal • February 8, 2016 www.HartfordBusiness.com To view the full list, please visit HartfordBusiness.com THE LIST Largest independent private foundations serving Greater Hartford (Ranked by assets for fiscal year 2014) Rank Foundation Assets Revenue/ expenses Top executive/ title Year founded 1 Connecticut Health Foundation Inc. 100 Pearl St., Hartford, CT 06103 860-724-1580; www.cthealth.org $109,668,949 $13,712,453 $6,056,424 Patricia Baker President & CEO 1999 2 American Savings Foundation Inc. 185 Main St., New Britain, CT 06051 860-827-2556; www.asfdn.org $85,764,593 $4,445,964 $4,597,631 David Davison President & CEO 1995 3 The Donaghue Medical Research Foundation 18 N. Main St., West Hartford, CT 06107 860-521-9011; www.donaghue.org $70,292,391 $3,892,060 $2,329,179 Lynne Garner President & trustee 1991 4 The Maximilian E. and Marion 0. Hoffman Foundation Inc. 970 Farmington Ave., West Hartford, CT 06107 860-521-2949; NA $65,203,294 $8,353,629 $3,722,009 Marion Barrak President & director 1986 5 Say Yes To Education Inc. 1 State St., 20th Floor, Hartford, CT 06103 860-240-8900; www.sayyestoeducation.org $50,968,043 $17,903,785 $8,680,620 Mary-Anne Schmitt Carey President 1990 6 Twenty-seven Foundation 99 Founders Plaza, 5th Floor, East Hartford, CT 06108 860-244-4889; NA $50,152,218 $4,667,557 $2,616,708 D. Travis Engen Trustee 2008 7 SBM Charitable Foundation Inc. 935 Main St., Manchester, CT 06040 860-533-0355; www.sbmfoundation.org $38,807,552 $1,435,412 $3,526,535 Doreen Downham Executive director 2000 8 The Zachs Family Foundation Inc. 40 Woodland St., Hartford, CT 06105 860-727-5733; NA $25,128,670 $10,660,077 $1,184,443 Henry M. Zachs President 1987 9 Daniell Family Foundation Inc. 2 Barnard Lane, Bloomfield, CT 06002 860-242-8844; NA $23,544,453 $1,116,411 $1,046,065 Barbara E. Daniell President & director 2010 10 J. Walton Bissell Foundation Inc. P.O. Box 370067, West Hartford, CT 06137 860-586-8201; NA $23,307,244 $1,751,246 $1,213,438 Sarah D. Anthony President & CEO 2004 11 Ensworth Charitable Foundation 200 Glastonbury Blvd., Suite 200, Glastonbury, CT 06033 860-657-7015; www.bankofamerica.com/grantmaking $23,023,603 $2,225,386 $1,162,901 Carmen Britt Sr. philanthropic relationship manager U.S. Trust, Bank of America NA 1948 12 Robert and Clara Patterson Trust (1) 99 Founders Plaza, 5th Floor, East Hartford, CT 06108 888-886-3275; www.bankofamerica.com/grantmaking $21,104,791 $1,855,719 $1,097,045 Carmen Britt Sr. philanthropic relationship manager U.S. Trust, Bank of America NA 1980 13 Jeffrey P. Ossen Family Foundation P.O. Box 291, North Windham, CT 06256 860-942-2507; www.jeffreypossen.org $18,750,892 $1,904,417 $1,032,522 Eileen M. Ossen Trustee 2008 14 Andrew J. & Joyce D. Mandell Family Foundation Inc. 240 Hartford Ave., Newington, CT 06111 860-666-0399; NA $18,321,352 $2,632,671 $1,460,831 Joyce D. Mandell President 1984 15 Larsen Fund P.O. Box 271677, West Hartford, CT 06127 860-286-0549; NA $18,063,259 $1,972,225 $1,305,083 Todd H. Larsen President 1941 16 The Fund for Greater Hartford 75 Charter Oak Ave., Hartford, CT 06106 860-232-3113; www.fundforgreaterhartford.org $17,436,575 $1,053,250 $971,162 Nina Elgo President 1980 17 The William and Alice Mortensen Foundation P.O. Box 230212, Hartford, CT 06123 860-461-7927; NA $15,741,223 $1,162,990 $962,445 Alfred V. Covello President 1982 18 Lawson Valentine Foundation 1000 Farmington Ave., West Hartford, CT 06017 860-570-0728; NA $13,577,022 $825,686 $823,831 Valentine Doyle Trustee 1986 19 John and Kelly Hartman Foundation (2) P.O. Box 271820, West Hartford, CT 06127 860-313-4930; NA $13,373,053 $380,137 $626,766 Paul L. Bourdeau Trustee 2010 20 Charles H. Kaman Charitable Foundation Inc. 185 Asylum St., Hartford, CT 06103 (3) 860 -240-6000; NA $11,585,435 $530,033 $721,717 C. William Kaman II President & treasurer 1994 21 George and Grace Long Foundation 99 Founders Plaza, 5th Floor, East Hartford, CT 06108 888-866-3275; www.bankofamerica.com/grantmaking $11,031,740 $842,003 $590,681 Carmen Britt Sr. philanthropic relationship manager U.S. Trust, Bank of America NA 1960 22 Colburn-Keenan Foundation Inc. P.O. Box 811, Enfield, CT 06083 800-966-2431; www.colkeen.org $11,023,637 $451,399 $720,890 Kimberly Conant Program & managing director 2006 23 The Owenoke Foundation (4) 22 Squirrel Hill Road, West Hartford, CT 06107 860-573-9683; NA $10,545,256 $247,794 $517,772 Avery Rockefeller III President & director 1997 Sources: Guidestar, a 501(3)c that collects and presents 990 forms for IRS-registered nonprofits and individual foundations. (1) Data are from fiscal year ending Jan. 31, 2015. (2) Data are from fiscal year ending Mar. 31, 2015. (3) c/o Murtha Culina LLP. (4) Data are from fiscal year ending Nov. 30, 2013. —Compiled by Heide Martin. online news site launched in 2005 that is part of the Online Journalism Project, a nonprofit he founded promoting professional, "hyperlo- cal" news sites online. Its funded through grants, sponsorships and donations. The project has gone on to help launch sites that include the Branford Eagle (www. newhavenindependent.org/index.php/bran- ford/) in 2006 and Valley Independent Senti- nel (www.valley.newhavenindependent.org) in 2009, covering the lower Naugatuck Valley. Last August, the Independent launched a non- profit community radio station in New Haven, WNHH, a low-power FM station at 103.5 that shares Independent news, staff and its news- room, and is available in formats that include on-air, streaming on the web and podcasts. The station also is a partnership with the Spanish paper La Voz, which shares an office with the Independent. His site gets about 150,000 unique visitors a month and Bass sees radio as helping fuel growth. "We're not looking for fast big growth, it's always been a steady march," Bass said. "We care more about the difference we make than the metrics." Doug Hardy, business manager for the online site CTNewsJunkie.com and partner in the site with his wife and editor, Christine Stuart, who bought the site in 2006 (a year after its launch), credits the Online Journal- ism Project and Bass for their early support of NewJunkie, which is for-profit. CTNewsJunkie's coverage includes state politics, public policy, courts and health care, and averages just less than 200,000 page views a month and about 50,000 unique visi- tors a month, Hardy said. It didn't sell an advertisement until it began emailing a weekly newsletter about eight years ago, he said. It also sells its content, seeks volun- tary subscriptions, holds reader fundraisers and sells listings in its professional directory. "At the end of the day, the connections that you make with businesses, or foundations or other funders are really the magic button to bring in revenue," Hardy said. "You have to make connections whether it's for-profit or nonprofit, you still have to sell." n Nonprofit News serving Greater Hartford (Ranked by assets for fiscal year 2014) Rank Foundation Assets Revenue/ expenses Top executive/ title Year founded 1 Connecticut Health Foundation Inc. 100 Pearl St., Hartford, CT 06103 860-724-1580; www.cthealth.org $109,668,949 $13,712,453 $6,056,424 Patricia Baker President & CEO 1999 2 American Savings Foundation Inc. 185 Main St., New Britain, CT 06051 860-827-2556; www.asfdn.org $85,764,593 $4,445,964 $4,597,631 David Davison President & CEO 1995 3 The Donaghue Medical Research Foundation 18 N. Main St., West Hartford, CT 06107 860-521-9011; www.donaghue.org $70,292,391 $3,892,060 $2,329,179 Lynne Garner President & trustee 1991 4 The Maximilian E. and Marion 0. Hoffman Foundation Inc. 970 Farmington Ave., West Hartford, CT 06107 860-521-2949; NA $65,203,294 $8,353,629 $3,722,009 Marion Barrak President & director 1986 5 Say Yes To Education Inc. 1 State St., 20th Floor, Hartford, CT 06103 860-240-8900; www.sayyestoeducation.org $50,968,043 $17,903,785 $8,680,620 Mary-Anne Schmitt Carey President 1990 6 Twenty-seven Foundation 99 Founders Plaza, 5th Floor, East Hartford, CT 06108 860-244-4889; NA $50,152,218 $4,667,557 $2,616,708 D. Travis Engen Trustee 2008 7 SBM Charitable Foundation Inc. 935 Main St., Manchester, CT 06040 860-533-0355; www.sbmfoundation.org $38,807,552 $1,435,412 $3,526,535 Doreen Downham Executive director 2000 8 The Zachs Family Foundation Inc. 40 Woodland St., Hartford, CT 06105 860-727-5733; NA $25,128,670 $10,660,077 $1,184,443 Henry M. Zachs President 1987 9 Daniell Family Foundation Inc. 2 Barnard Lane, Bloomfield, CT 06002 860-242-8844; NA $23,544,453 $1,116,411 $1,046,065 Barbara E. Daniell President & director 2010 10 J. Walton Bissell Foundation Inc. P.O. Box 370067, West Hartford, CT 06137 860-586-8201; NA $23,307,244 $1,751,246 $1,213,438 Sarah D. Anthony President & CEO 2004 11 Ensworth Charitable Foundation 200 Glastonbury Blvd., Suite 200, Glastonbury, CT 06033 860-657-7015; www.bankofamerica.com/grantmaking $23,023,603 $2,225,386 $1,162,901 Carmen Britt Sr. philanthropic relationship manager U.S. Trust, Bank of America NA 1948 12 Robert and Clara Patterson Trust (1) 99 Founders Plaza, 5th Floor, East Hartford, CT 06108 888-886-3275; www.bankofamerica.com/grantmaking $21,104,791 $1,855,719 $1,097,045 Carmen Britt Sr. philanthropic relationship manager U.S. Trust, Bank of America NA 1980 13 Jeffrey P. Ossen Family Foundation P.O. Box 291, North Windham, CT 06256 860-942-2507; www.jeffreypossen.org $18,750,892 $1,904,417 $1,032,522 Eileen M. Ossen Trustee 2008 14 Andrew J. & Joyce D. Mandell Family Foundation Inc. 240 Hartford Ave., Newington, CT 06111 860-666-0399; NA $18,321,352 $2,632,671 $1,460,831 Joyce D. Mandell President 1984 15 Larsen Fund P.O. Box 271677, West Hartford, CT 06127 860-286-0549; NA $18,063,259 $1,972,225 $1,305,083 Todd H. Larsen President 1941 16 The Fund for Greater Hartford 75 Charter Oak Ave., Hartford, CT 06106 860-232-3113; www.fundforgreaterhartford.org $17,436,575 $1,053,250 $971,162 Nina Elgo President 1980 17 The William and Alice Mortensen Foundation P.O. Box 230212, Hartford, CT 06123 860-461-7927; NA $15,741,223 $1,162,990 $962,445 Alfred V. Covello President 1982 18 Lawson Valentine Foundation 1000 Farmington Ave., West Hartford, CT 06017 860-570-0728; NA $13,577,022 $825,686 $823,831 Valentine Doyle Trustee 1986 19 John and Kelly Hartman Foundation (2) P.O. Box 271820, West Hartford, CT 06127 860-313-4930; NA $13,373,053 $380,137 $626,766 Paul L. Bourdeau Trustee 2010 20 Charles H. Kaman Charitable Foundation Inc. 185 Asylum St., Hartford, CT 06103 (3) 860 -240-6000; NA $11,585,435 $530,033 $721,717 C. William Kaman II President & treasurer 1994 21 George and Grace Long Foundation 99 Founders Plaza, 5th Floor, East Hartford, CT 06108 888-866-3275; www.bankofamerica.com/grantmaking $11,031,740 $842,003 $590,681 Carmen Britt Sr. philanthropic relationship manager U.S. Trust, Bank of America NA 1960 22 Colburn-Keenan Foundation Inc. P.O. Box 811, Enfield, CT 06083 800-966-2431; www.colkeen.org $11,023,637 $451,399 $720,890 Kimberly Conant Program & managing director 2006 23 The Owenoke Foundation (4) 22 Squirrel Hill Road, West Hartford, CT 06107 860-573-9683; NA $10,545,256 $247,794 $517,772 Avery Rockefeller III President & director 1997 Sources: Guidestar, a 501(3)c that collects and presents 990 forms for IRS-registered nonprofits and individual foundations. (1) Data are from fiscal year ending Jan. 31, 2015. (2) Data are from fiscal year ending Mar. 31, 2015. (3) c/o Murtha Culina LLP. (4) Data are from fiscal year ending Nov. 30, 2013. —Compiled by Heide Martin. (Ranked by assets for fiscal year 2014) Rank Foundation Assets Revenue/ expenses Top executive/ title Year founded 1 Connecticut Health Foundation Inc. 100 Pearl St., Hartford, CT 06103 860-724-1580; www.cthealth.org $109,668,949 $13,712,453 $6,056,424 Patricia Baker President & CEO 1999 2 American Savings Foundation Inc. 185 Main St., New Britain, CT 06051 860-827-2556; www.asfdn.org $85,764,593 $4,445,964 $4,597,631 David Davison President & CEO 1995 3 The Donaghue Medical Research Foundation 18 N. Main St., West Hartford, CT 06107 860-521-9011; www.donaghue.org $70,292,391 $3,892,060 $2,329,179 Lynne Garner President & trustee 1991 4 The Maximilian E. and Marion 0. Hoffman Foundation Inc. 970 Farmington Ave., West Hartford, CT 06107 860-521-2949; NA $65,203,294 $8,353,629 $3,722,009 Marion Barrak President & director 1986 5 Say Yes To Education Inc. 1 State St., 20th Floor, Hartford, CT 06103 860-240-8900; www.sayyestoeducation.org $50,968,043 $17,903,785 $8,680,620 Mary-Anne Schmitt Carey President 1990 6 Twenty-seven Foundation 99 Founders Plaza, 5th Floor, East Hartford, CT 06108 860-244-4889; NA $50,152,218 $4,667,557 $2,616,708 D. Travis Engen Trustee 2008 7 SBM Charitable Foundation Inc. 935 Main St., Manchester, CT 06040 860-533-0355; www.sbmfoundation.org $38,807,552 $1,435,412 $3,526,535 Doreen Downham Executive director 2000 8 The Zachs Family Foundation Inc. 40 Woodland St., Hartford, CT 06105 860-727-5733; NA $25,128,670 $10,660,077 $1,184,443 Henry M. Zachs President 1987 9 Daniell Family Foundation Inc. 2 Barnard Lane, Bloomfield, CT 06002 860-242-8844; NA $23,544,453 $1,116,411 $1,046,065 Barbara E. Daniell President & director 2010 10 J. Walton Bissell Foundation Inc. P.O. Box 370067, West Hartford, CT 06137 860-586-8201; NA $23,307,244 $1,751,246 $1,213,438 Sarah D. Anthony President & CEO 2004 11 Ensworth Charitable Foundation 200 Glastonbury Blvd., Suite 200, Glastonbury, CT 06033 860-657-7015; www.bankofamerica.com/grantmaking $23,023,603 $2,225,386 $1,162,901 Carmen Britt Sr. philanthropic relationship manager U.S. Trust, Bank of America NA 1948 12 Robert and Clara Patterson Trust (1) 99 Founders Plaza, 5th Floor, East Hartford, CT 06108 888-886-3275; www.bankofamerica.com/grantmaking $21,104,791 $1,855,719 $1,097,045 Carmen Britt Sr. philanthropic relationship manager U.S. Trust, Bank of America NA 1980 13 Jeffrey P. Ossen Family Foundation P.O. Box 291, North Windham, CT 06256 860-942-2507; www.jeffreypossen.org $18,750,892 $1,904,417 $1,032,522 Eileen M. Ossen Trustee 2008 14 Andrew J. & Joyce D. Mandell Family Foundation Inc. 240 Hartford Ave., Newington, CT 06111 860-666-0399; NA $18,321,352 $2,632,671 $1,460,831 Joyce D. Mandell President 1984 15 Larsen Fund P.O. Box 271677, West Hartford, CT 06127 860-286-0549; NA $18,063,259 $1,972,225 $1,305,083 Todd H. Larsen President 1941 16 The Fund for Greater Hartford 75 Charter Oak Ave., Hartford, CT 06106 860-232-3113; www.fundforgreaterhartford.org $17,436,575 $1,053,250 $971,162 Nina Elgo President 1980 17 The William and Alice Mortensen Foundation P.O. Box 230212, Hartford, CT 06123 860-461-7927; NA $15,741,223 $1,162,990 $962,445 Alfred V. Covello President 1982 18 Lawson Valentine Foundation 1000 Farmington Ave., West Hartford, CT 06017 860-570-0728; NA $13,577,022 $825,686 $823,831 Valentine Doyle Trustee 1986 19 John and Kelly Hartman Foundation (2) P.O. Box 271820, West Hartford, CT 06127 860-313-4930; NA $13,373,053 $380,137 $626,766 Paul L. Bourdeau Trustee 2010 20 Charles H. Kaman Charitable Foundation Inc. 185 Asylum St., Hartford, CT 06103 (3) 860 -240-6000; NA $11,585,435 $530,033 $721,717 C. William Kaman II President & treasurer 1994 21 George and Grace Long Foundation 99 Founders Plaza, 5th Floor, East Hartford, CT 06108 888-866-3275; www.bankofamerica.com/grantmaking $11,031,740 $842,003 $590,681 Carmen Britt Sr. philanthropic relationship manager U.S. Trust, Bank of America NA 1960 22 Colburn-Keenan Foundation Inc. P.O. Box 811, Enfield, CT 06083 800-966-2431; www.colkeen.org $11,023,637 $451,399 $720,890 Kimberly Conant Program & managing director 2006 23 The Owenoke Foundation (4) 22 Squirrel Hill Road, West Hartford, CT 06107 860-573-9683; NA $10,545,256 $247,794 $517,772 Avery Rockefeller III President & director 1997 Sources: Guidestar, a 501(3)c that collects and presents 990 forms for IRS-registered nonprofits and individual foundations. (1) Data are from fiscal year ending Jan. 31, 2015. (2) Data are from fiscal year ending Mar. 31, 2015. (3) c/o Murtha Culina LLP. (4) Data are from fiscal year ending Nov. 30, 2013. —Compiled by Heide Martin.

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