Skip to content

Connecticut · Nonprofit

Foundations in Education Inc

Foundations in Education Inc (Connecticut) receives grants from 58 organizations whose IRS filings report $17,604,286 to it, the largest being We Stand With Christ Inc ($4,180,646). 38 of them have funded it in more than one year.

Revenue FY2025
$17M
Funders on record
58
Grants received
$18M
Net assets
$56M
38/58 repeat funderspeak grant-dependency 48%
01What it does

What Foundations in Education Inc does

Mission

To strengthen and transform the mission of catholic education in the diocese of bridgeport by providing tuition assistance to families in need, supporting innovation in academic programs, and fostering opportunities for the professional development of school leaders.

As stated on its FY2025 Form 990.

Program

  1. Awarded nearly 1,200 students tuition assistance and 21 teachers innovation and leadership grants. Supported transformative projects at a high school and some elementary schools across the diocese of bridgeport.

    $6,079,307 spentof which $5,942,478 as grants
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $6,079,307.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($6.3M) Expenses 100 ($5.0M) Net assets 100 ($1.6M)2018 Revenue 150 ($9.5M) Expenses 62 ($3.1M) Net assets 506 ($7.9M)2019 Revenue 193 ($12M) Expenses 93 ($4.7M) Net assets 984 ($15M)2020 Revenue 93 ($5.8M) Expenses 100 ($5.0M) Net assets 1785 ($28M)2021 Revenue 124 ($7.8M) Expenses 152 ($7.6M) Net assets 2064 ($32M)2022 Revenue 183 ($12M) Expenses 116 ($5.9M) Net assets 2120 ($33M)2023 Revenue 112 ($7.0M) Expenses 122 ($6.1M) Net assets 2360 ($37M)2024 Revenue 108 ($6.8M) Expenses 120 ($6.1M) Net assets 2575 ($40M)2025 Revenue 276 ($17M) Expenses 131 ($6.6M) Net assets 3569 ($56M)
'17'18'19'20'21'22'23'24'25
Revenue (276)Expenses (131)Net assets (3569)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $44M to $60M (+37%).

$4.2M
$10M
$18M
$31M
$36M
$36M
$40M
$44M
$60M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 1%. Grants only. Government contracts and fees sit inside program revenue.

82% of Foundations in Education Inc’s revenue is contributions — more donation-reliant than the typical peer (80% for the typical peer).

This organization
Typical peer · 874 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 9 reported years ran a deficit.

$1.3M
’17
$6.3M
’18
$7.5M
’19
$794k
’20
$137k
’21
$5.7M
’22
$914k
’23
$723k
’24
$11M
’25
15
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Holly Doherty-Lemoine

Executive Director

Board chair

Joseph Purcell

Chairman

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed181920202322222327
Joined·+4+2+3+6+2+4+2+4
No longer listed·31333410
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 3 funders to 33 funders, grant income rose $132k → $2.7M.

11 of 58 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 20% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of Foundations in Education Inc’s funders (the co-funder graph). Top 30 of 58 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Foundations in Education Inc has a broad base — no single funder exceeds 24% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

44% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Foundations in Education Inc.

24%
largest funder
62%
top three
~7
effective funders

Largest funder’s share by year: 2017 95% · 2018 56% · 2019 40% · 2020 88% · 2021 32% · 2022 25% · 2023 30% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

50% of Foundations in Education Inc's funders are still giving 3 years after their first grant; 66% give in more than one year at all.

first grant+1y+2y+3y+4y+5y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

77% of Foundations in Education Inc's grant income comes from Connecticut funders.

IL
NY
PA
NJ
CT
DE
NC
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Connecticut out of state home

Funder states come from each funder’s own filing. $3.6M arriving through sponsors registered in 10 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

Foundations in Education Inc runs a healthier operating margin than three-quarters of the 490 philanthropy nonprofits its size.

Operating margin62% · top quartile
Months of reserve14.5mo · top quartile
Revenue growth (annualized)14% · above the median

this organization peer median middle 50% of peers· 490 philanthropy nonprofits $10M–$100M, FY2025

Organizations like Foundations in Education Inc

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Connecticut

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

92% of spending goes to programs.

Program 92%Management 4%Fundraising 4%

Governance

27
board members
89%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

65%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 3 states

NY
CT
FL

Part of a family of 1 related entity

  • Bridgeport Roman Catholic Diocesan Corp · exempt

Screen this organization

A dated, signed PDF of the compliance screen for Foundations in Education Inc: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Foundations in Education Inc?
Foundations in Education Inc (Connecticut) receives grants from 58 organizations whose IRS filings report $17,604,286 to it, the largest being We Stand With Christ Inc ($4,180,646). 38 of them have funded it in more than one year.
How many funders does Foundations in Education Inc have?
IRS filings report 58 organizations giving $17,604,286 in grants to Foundations in Education Inc, 38 of which have funded it in more than one year.
Who is the largest funder of Foundations in Education Inc?
We Stand With Christ Inc is the largest funder on record, with $4,180,646 in grants. The full list of funders is on this page.
How can an organization like Foundations in Education Inc find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Connecticut. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 58 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing