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Connecticut · Nonprofit

GREENWICH ACADEMY INC

GREENWICH ACADEMY INC (Connecticut) receives grants from 144 organizations whose IRS filings report $52,222,694 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($6,914,013). 110 of them have funded it in more than one year.

Revenue FY2025
$61M
Funders on record
144
Grants received
$52M
Net assets
$273M
110/144 repeat funderspeak grant-dependency 17%
01What it does

What Greenwich Academy Inc does

Mission

Greenwich academy is an independent college-preparatory day school for girls and young women that seeks to foster excellence. For more information see schedule o.its mission is to provide a challenging, comprehensive educational experience grounded in a rigorous liberal arts curriculum within an inclusive, diverse community. The school's objective is to develop girls and young women of exceptional character and achievement who demonstrate independence, resilience, courage, integrity and compassion. We strive, above all, to honor our motto, "toward the building of character."

As stated on its FY2025 Form 990.

Program

  1. Greenwich academy is a college preparatory day school serving girls in grades pre-kindergarten through grade 12. All expenditures for compensation and other expenses are in support of instructional and institutional activities. This includes the instruction of approximately 820 girls by 220 full time and part time faculty and staff.

    $50,283,541 spentof which $4,350,038 as grants$47,092,901 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $50,283,541.

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 ($47M) Expenses 100 ($45M) Net assets 100 ($175M)2018 Revenue 114 ($53M) Expenses 106 ($48M) Net assets 107 ($188M)2019 Revenue 145 ($68M) Expenses 112 ($50M) Net assets 121 ($211M)2020 Revenue 125 ($58M) Expenses 112 ($50M) Net assets 129 ($226M)2021 Revenue 121 ($57M) Expenses 115 ($52M) Net assets 151 ($264M)2022 Revenue 115 ($54M) Expenses 123 ($55M) Net assets 136 ($237M)2023 Revenue 110 ($51M) Expenses 128 ($58M) Net assets 141 ($247M)2024 Revenue 158 ($74M) Expenses 134 ($60M) Net assets 150 ($263M)2025 Revenue 131 ($61M) Expenses 141 ($63M) Net assets 156 ($273M)
'17'18'19'20'21'22'23'24'25
Revenue (131)Expenses (141)Net assets (156)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 2020 to 2021, from $275M to $313M (+14%).

$219M
$232M
$256M
$275M
$313M
$291M
$301M
$316M
$326M
'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

13% of GREENWICH ACADEMY INC’s revenue is contributions — about as donation-reliant as the typical peer (23% for the typical peer).

This organization
Typical peer · 4,254 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 9 reported years ran a deficit.

$1.8M
’17
$5.6M
’18
$18M
’19
$8.1M
’20
$5.0M
’21
−$1.6M
’22
−$6.3M
’23
$14M
’24
−$2.1M
’25
5.0
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.

Board chair

Andra Winokur Newman

Chairman

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed404244454845413939
Joined·+8+10+12+11+5+7+6+7
No longer listed·6811881187
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 43 funders to 81 funders, grant income rose $1.3M → $8.0M.

25 of 144 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 37% 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 GREENWICH ACADEMY INC’s funders (the co-funder graph). Top 30 of 144 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

GREENWICH ACADEMY INC has a broad base — no single funder exceeds 13% of grant income, and it takes 6 funders to reach half.

the vertical line marks half of all grant income — 6 funders to its left

38% 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 GREENWICH ACADEMY INC.

13%
largest funder
33%
top three
~16
effective funders

Largest funder’s share by year: 2017 33% · 2018 42% · 2019 42% · 2020 18% · 2021 14% · 2022 13% · 2023 14% — 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

61% of GREENWICH ACADEMY INC's funders are still giving 3 years after their first grant; 76% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

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

GREENWICH ACADEMY INC draws 54% of its grant income from funders outside Connecticut, across 19 states in all.

IL
WI
NY
MA
WY
IN
OH
PA
NJ
CT
RI
CA
MO
KY
VA
DE
NC
TX
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. $19M arriving through sponsors registered in 16 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

GREENWICH ACADEMY INC is better cushioned than half of the 3,794 education nonprofits its size.

Operating margin−3% · bottom quartile
Months of reserve5.0mo · above the median
Revenue growth (annualized)3% · bottom quartile

this organization peer median middle 50% of peers· 3,794 education nonprofits $10M–$100M, FY2025

Organizations like GREENWICH ACADEMY 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

80% of spending goes to programs.

Program 80%Management 16%Fundraising 4%

Governance

29
board members
97%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990✓Audited financials

Public support

78%

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

Screen this organization

A dated, signed PDF of the compliance screen for GREENWICH ACADEMY 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.

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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 GREENWICH ACADEMY INC?
GREENWICH ACADEMY INC (Connecticut) receives grants from 144 organizations whose IRS filings report $52,222,694 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($6,914,013). 110 of them have funded it in more than one year.
How many funders does GREENWICH ACADEMY INC have?
IRS filings report 144 organizations giving $52,222,694 in grants to GREENWICH ACADEMY INC, 110 of which have funded it in more than one year.
Who is the largest funder of GREENWICH ACADEMY INC?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $6,914,013 in grants. The full list of funders is on this page.
How can an organization like GREENWICH ACADEMY 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.

Play a game about who funds Greenwich Academy →

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 144 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