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Connecticut · Nonprofit

THE CCSU FOUNDATION INC

THE CCSU FOUNDATION INC (Connecticut) receives grants from 46 organizations whose IRS filings report $3,258,288 to it, the largest being THE CAROL A AMMON FOUNDATION INC ($960,000). 29 of them have funded it in more than one year.

Revenue FY2025
$13M
Funders on record
46
Grants received
$3.3M
Net assets
$110M
29/46 repeat funderspeak grant-dependency 10%
01What it does

What The Ccsu Foundation Inc does

Mission

The ccsu foundation, inc. Was created in 1971, at the request of the university, as a vehicle to obtain private contributions to support educational programs and research at central connecticut state university.

As stated on its FY2025 Form 990.

Programs

  1. Student support-scholarship funds are administered by the organization in accordance with donor intent and applicable irs guidelines.

    $2,703,606 spentof which $2,665,046 as grants
    57% of program spending
  2. Auxiliary-to assist university with special auxiliary projects when funding would not otherwise be available.

    $1,199,850 spentof which $929,033 as grants
    25% of program spending
  3. Academic enrichment-assist university with special academic enrichment programs.

    $649,337 spentof which $393,601 as grants
    14% of program spending
  4. Institutional enrichment-assist university in funding special institutional enrichment projects when funding would not otherwise be available.

    $196,033 spentof which $76,738 as grants$212,409 earned by the program
    4% of program spending

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $4,748,826.

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 ($5.8M) Expenses 100 ($3.6M) Net assets 100 ($71M)2018 Revenue 167 ($9.8M) Expenses 122 ($4.3M) Net assets 109 ($77M)2019 Revenue 189 ($11M) Expenses 129 ($4.6M) Net assets 115 ($81M)2020 Revenue 87 ($5.1M) Expenses 115 ($4.1M) Net assets 114 ($81M)2021 Revenue 147 ($8.6M) Expenses 116 ($4.1M) Net assets 141 ($99M)2022 Revenue 201 ($12M) Expenses 153 ($5.5M) Net assets 127 ($90M)2023 Revenue 101 ($5.9M) Expenses 159 ($5.7M) Net assets 133 ($94M)2024 Revenue 131 ($7.6M) Expenses 141 ($5.0M) Net assets 142 ($100M)2025 Revenue 217 ($13M) Expenses 166 ($5.9M) Net assets 155 ($110M)
'17'18'19'20'21'22'23'24'25
Revenue (217)Expenses (166)Net assets (155)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 $81M to $100M (+23%).

$71M
$78M
$82M
$81M
$100M
$90M
$96M
$102M
$110M
'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

31% of THE CCSU FOUNDATION INC’s revenue is contributions — more donation-reliant than the typical peer (23% for the typical peer).

This organization
Typical peer · 4,251 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.

$2.3M
’17
$5.4M
’18
$6.5M
’19
$945k
’20
$4.5M
’21
$6.3M
’22
$205k
’23
$2.6M
’24
$6.8M
’25
4.6
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

Jennifer Destefani

Executive director

Board chair

Ululy Martinez

Chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed191819171918191715
Joined·+2+19+3+10+1+3+1+3
No longer listed·318582235
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 10 funders to 12 funders, grant income rose $300k → $573k.

12 of 46 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 30% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $309k from one payer (the payer shares this organization's board, largest Ccsu Alumni Association Inc). These are real filings, and they are not money THE CCSU FOUNDATION INC raised.

From the IRS filings of THE CCSU FOUNDATION INC’s funders (the co-funder graph). Top 30 of 46 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

THE CCSU FOUNDATION INC has a broad base — no single funder exceeds 29% 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

35% 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 THE CCSU FOUNDATION INC.

29%
largest funder
68%
top three
~6
effective funders

Largest funder’s share by year: 2017 80% · 2018 73% · 2019 77% · 2020 67% · 2021 18% · 2022 32% · 2023 50% — 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

33% of THE CCSU FOUNDATION INC's funders are still giving 3 years after their first grant; 63% 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

THE CCSU FOUNDATION INC draws 91% of its grant income from funders outside Connecticut, across 13 states in all.

NH
NY
MA
OH
PA
NJ
CT
RI
DE
NC
GA
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. $973k arriving through sponsors registered in 8 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

THE CCSU FOUNDATION INC runs a healthier operating margin than three-quarters of the 3,758 education nonprofits its size.

Operating margin54% · top quartile
Months of reserve4.6mo · above the median
Revenue growth (annualized)10% · above the median

this organization peer median middle 50% of peers· 3,758 education nonprofits $10M–$100M, FY2025

Government funding THE CCSU FOUNDATION INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $138k on record — $20k federal, $118k state.

Federal$20k
grants $0contracts $20k
17
18
20
Top agencies
  • Department of Defense$20k
State$118k
19
20
21
22
23
24
25
26
Top programs
  • Advertising and Marketing$118k
  • Educ & Training For Employees$385

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like THE CCSU 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

80% of spending goes to programs.

Program 80%Management 20%Fundraising 0%

Governance

14
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

37%

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 THE CCSU 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 THE CCSU FOUNDATION INC?
THE CCSU FOUNDATION INC (Connecticut) receives grants from 46 organizations whose IRS filings report $3,258,288 to it, the largest being THE CAROL A AMMON FOUNDATION INC ($960,000). 29 of them have funded it in more than one year.
How many funders does THE CCSU FOUNDATION INC have?
IRS filings report 46 organizations giving $3,258,288 in grants to THE CCSU FOUNDATION INC, 29 of which have funded it in more than one year.
Who is the largest funder of THE CCSU FOUNDATION INC?
THE CAROL A AMMON FOUNDATION INC is the largest funder on record, with $960,000 in grants. The full list of funders is on this page.
How can an organization like THE CCSU 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 46 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