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Connecticut · Nonprofit

SOUTHERN CONNECTICUT STATE UNIVERSITY FOUNDATION INC

SOUTHERN CONNECTICUT STATE UNIVERSITY FOUNDATION INC (Connecticut) receives grants from 41 organizations whose IRS filings report $6,918,126 to it, the largest being YALE NEW HAVEN HEALTH SERVICES CORPORATION ($2,356,262). 21 of them have funded it in more than one year.

Revenue FY2025
$4.5M
Funders on record
41
Grants received
$6.9M
Net assets
$58M
21/41 repeat funderspeak grant-dependency 37%
01What it does

What Southern Connecticut State University Foundation Inc does

Mission

Southern connecticut state university foundation, inc. (the "foundation") exists to assist southern connecticut state university (the "university") in fulfilling its mission and achieving its vision through the development, stewardship, and delivery of private financial resources. The foundation delivers financial management of the private resources received through the investment of contributions for any or all of the educational support activities that may be conducted by the university.

As stated on its FY2025 Form 990.

Programs

  1. Scholarships & awards - provide financial assistance to students enrolled in the university to assist them in obtaining their undergraduate and graduate degrees and/or recognize them for specific accomplishments they have achieved in an area of study.

    $2,100,960 spentof which $2,100,960 as grants
    43% of program spending
  2. University program support & events - resources in the way of financial support provided to enhance the educational and social programs offered by the university to its students, alumni, and the extended community.

    $2,103,276 spentof which $2,103,276 as grants$32,025 earned by the program
    43% of program spending
  3. University athletic program support - broad based support of the men's and women's inter-collegiate athletic program of the university to assist it in being competitive with other divisional schools.

    $653,148 spentof which $653,148 as grants$63,592 earned by the program
    13% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $4,857,384.

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 ($3.6M) Expenses 100 ($2.8M) Net assets 100 ($33M)2018 Revenue 74 ($2.7M) Expenses 102 ($2.8M) Net assets 106 ($35M)2019 Revenue 112 ($4.0M) Expenses 103 ($2.9M) Net assets 115 ($38M)2020 Revenue 82 ($2.9M) Expenses 101 ($2.8M) Net assets 117 ($39M)2021 Revenue 118 ($4.2M) Expenses 111 ($3.1M) Net assets 145 ($48M)2022 Revenue 188 ($6.8M) Expenses 129 ($3.6M) Net assets 135 ($45M)2023 Revenue 132 ($4.7M) Expenses 149 ($4.1M) Net assets 149 ($49M)2024 Revenue 140 ($5.0M) Expenses 186 ($5.2M) Net assets 162 ($54M)2025 Revenue 126 ($4.5M) Expenses 192 ($5.3M) Net assets 174 ($58M)
'17'18'19'20'21'22'23'24'25
Revenue (126)Expenses (192)Net assets (174)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 $39M to $49M (+24%).

$33M
$35M
$38M
$39M
$49M
$45M
$50M
$55M
$59M
'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

57% of SOUTHERN CONNECTICUT STATE UNIVERSITY FOUNDATION INC’s revenue is contributions — more donation-reliant than the typical peer (48% for the typical peer).

This organization
Typical peer · 12,352 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.

$824k
’17
−$156k
’18
$1.2M
’19
$143k
’20
$1.2M
’21
$3.2M
’22
$613k
’23
−$152k
’24
−$803k
’25
2.3
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

Michael Kingan

Executive director

Board chair

Christopher Borajkiewicz

Board chair

As listed on its FY2025 Form 990.

The chief executive listed changed between the FY2017 and FY2018, and between the FY2018 and FY2019 filings.

'17'18'19'20'21'22'23'24'25
Listed151819212022262626
Joined·+4+2+9+1+5+4+5+3
No longer listed·11723053
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 6 funders to 14 funders, grant income rose $175k → $1.8M.

12 of 41 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 SOUTHERN CONNECTICUT STATE UNIVERSITY FOUNDATION INC’s funders (the co-funder graph). Top 30 of 41 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

SOUTHERN CONNECTICUT STATE UNIVERSITY FOUNDATION INC leans on a few funders — its largest provides 34% of grant income and the top three 73%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

71% 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 SOUTHERN CONNECTICUT STATE UNIVERSITY FOUNDATION INC.

34%
largest funder
73%
top three
~5
effective funders

Largest funder’s share by year: 2017 29% · 2018 53% · 2019 42% · 2020 46% · 2021 44% · 2022 38% · 2023 63% — growing more concentrated.

“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

33% of SOUTHERN CONNECTICUT STATE UNIVERSITY FOUNDATION INC's funders are still giving 3 years after their first grant; 51% 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

63% of SOUTHERN CONNECTICUT STATE UNIVERSITY FOUNDATION INC's grant income comes from Connecticut funders.

MN
IL
WI
NY
NV
PA
NJ
CT
RI
CA
VA
NC
DC
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. $1.4M arriving through sponsors registered in 9 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

SOUTHERN CONNECTICUT STATE UNIVERSITY FOUNDATION INC's funding base is broadening — from 6 funders to 14 as grant income climbed.

Operating margin−18% · bottom quartile
Months of reserve2.3mo · below the median
Revenue growth (annualized)3% · bottom quartile

this organization peer median middle 50% of peers· 9,398 education nonprofits $1M–$10M, FY2025

Organizations like SOUTHERN CONNECTICUT STATE UNIVERSITY FOUNDATION 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

91% of spending goes to programs.

Program 91%Management 9%Fundraising 0%

Governance

25
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

74%

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

Footprint & structure

Files a return copy in 9 states

ME
NH
WA
NY
MA
NJ
CT
CA
AZ

Screen this organization

A dated, signed PDF of the compliance screen for SOUTHERN CONNECTICUT STATE UNIVERSITY FOUNDATION 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 SOUTHERN CONNECTICUT STATE UNIVERSITY FOUNDATION INC?
SOUTHERN CONNECTICUT STATE UNIVERSITY FOUNDATION INC (Connecticut) receives grants from 41 organizations whose IRS filings report $6,918,126 to it, the largest being YALE NEW HAVEN HEALTH SERVICES CORPORATION ($2,356,262). 21 of them have funded it in more than one year.
How many funders does SOUTHERN CONNECTICUT STATE UNIVERSITY FOUNDATION INC have?
IRS filings report 41 organizations giving $6,918,126 in grants to SOUTHERN CONNECTICUT STATE UNIVERSITY FOUNDATION INC, 21 of which have funded it in more than one year.
Who is the largest funder of SOUTHERN CONNECTICUT STATE UNIVERSITY FOUNDATION INC?
YALE NEW HAVEN HEALTH SERVICES CORPORATION is the largest funder on record, with $2,356,262 in grants. The full list of funders is on this page.
How can an organization like SOUTHERN CONNECTICUT STATE UNIVERSITY FOUNDATION 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 41 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 14, 2026. What this page cannot tell you · view filing