Foundations in Faith Inc
Foundations in Faith Inc is a 501(c)(3) public charity based in Bridgeport, Connecticut, operating under the parent exemption of the United States Conference of Catholic Bishops (USCCB). The organization is also known as the Faith in the Future Fund. Foundations in Faith supports Catholic education, vocations, seminary education, priests' residence and retirement programs, and diocesan ministries and programs throughout the Diocese of Bridgeport.
Key facts about Foundations in Faith Inc
- EIN
- 06-1448345
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $1,385,699
- Grants made (2024)
- 34
- Average grant
- $40,756
- Median grant
- $20,000
- Total assets
- $35,469,393
Data from IRS Form 990-PF, 2024; updated June 2026.
Who Foundations in Faith Inc funds
None of its 34 grants with a stated purpose were described as general or operating support. Recurring purposes include "Program support" (34 grants).
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$35.5M
+39.0% YoY
Annual Giving
$1.4M
+29.6% YoY
Grant Count
34
+17.2% YoY
Avg Grant Size
$41K
+10.6% YoY
Mission & Focus Areas
Foundations in Faith is dedicated to empowering and transforming pastoral ministries in the Diocese of Bridgeport by inspiring discipleship and providing essential funding, guidance, and resources. The organization focuses on nurturing, guiding, and reinvigorating the diocesan approach to lifelong formation for parishioners, seminarians, and priests.
Primary Program Areas:
- Support for Catholic education, vocation, and seminary education
- Priests' residence and retirement fund
- Diocesan ministries and programs
- Resources to build long-term sustainable parishes with vibrant and growing ministries
- Pastoral care prioritizing vulnerable populations including the very young, elderly, differently-abled, and under-resourced
Dedicated Funds:
The organization administers ten specialized funds:
- Catholic Charities of Fairfield County Fund
- St. Francis Xavier Fund for Missionary Parishes
- Lourdes Fund for Pastoral Care in Nursing Homes
- St. Therese Fund for Evangelization
- St. Catherine Center for Special Needs Fund
- St. John Bosco Fund for Special Needs in Catholic Schools
- St. Elizabeth Ann Seton Fund for Catholic Schools
- St. John Vianney Fund for Retired Priests
- St. Charles Borromeo Fund for Vocations and Seminarians
- St. John Paul II Fund for Faith Formation
Grantmaking
Recent grants include:
Grant Range
**
Ready to take the next step with Foundations in Faith Inc?
Geographic Focus
Where this funder awards grants
Foundations in Faith primarily funds organizations and programs within Connecticut, with a specific focus on the Diocese of Bridgeport region.
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $35,469,393
- Total Revenues: $1,074,441
- Total Expenses: $1,654,070
- Total Giving: $1,426,681
- Number of Employees: 0
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $35,469,393 | $25,510,003 | $25,821,531 |
| Revenue | $1,074,441 | $1,626,049 | $3,107,303 |
| Expenses | $1,654,070 | $1,304,666 | $2,498,078 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $715,447 | $934,915 | $1,139,920 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
121 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include St Augustine Cathedral Church Bridgeport ($306,500), Diocese of Bridgeport - Office of Education ($271,322), St Mary Parish Bridgeport ($108,000).
| Recipient | Purpose | Amount |
|---|---|---|
| St Augustine Cathedral Church Bridgeport | Program Support | $306,500 |
| Diocese of Bridgeport - Office of Education | Program Support | $271,322 |
| St Mary Parish Bridgeport | Program Support | $108,000 |
| St Charles Borromeo Parish Bridgeport | Program support | $92,000 |
| Diocese of Bridgeport - Seminarians | Program Support | $65,794 |
| Diocese of Bridgeport - Catholic Leadership Inst | Program support | $46,750 |
| Diocese of Bridgeport - Queen of Clergy | Program support | $36,593 |
| Diocese of Bridgeport - Nursing Homes Pastoral | Program support | $34,648 |
| St Catherine's Center for Special Needs | Program Support | $33,429 |
| Diocese of Bridgeport - Multicultural Ministry | Program support | $31,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Kelly Weldon serves as Director of the organization.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Michael Hanlon | Treasurer | 1 | — |
| Anne O McCrory | Secretary | 1 | — |
| Bishop Frank J Caggiano | Director | 1 | — |
| Kelly Weldon | Executive Director | 22 | — |
| Andy Aoyama | Chair | 1 | — |
| Joseph Sindelar | Vice Chair | 1 | — |
| Lorraine Carrano | Director | 1 | — |
| Alicia Carpenter-Cummings | Director | 1 | — |
| Paul Cronin | Director | 1 | — |
| Diane Kremheller | Director | 1 | — |
| Ligia Masilamani | Director | 1 | — |
| Susan Stone | Director | 1 | — |
| Patrick Turner | Director | 1 | — |
| William Orjuela | Director (as of 6/25/24) | 1 | — |
| DANIEL MUDD | DIRECTOR | 1 | — |
| Janie Nneji | Director | 1 | — |
| Sheila Pettee | Director (as of 6/25/24) | 1 | — |
Recent News & Activity
Recent developments and announcements
Foundations in Faith approved $1 million in general operating support grants for fiscal year 2025-2026, demonstrating continued commitment to diocesan ministries and parish development.
Foundations in Faith Approves $1 Million in General Operating Support GrantsContact Information
Legal Address: 238 Jewett Avenue Bridgeport, CT 06606
EIN: 06-1448345
Website: www.foundationsinfaith.org
Frequently Asked Questions
What does Foundations in Faith Inc fund?
Foundations in Faith is dedicated to empowering and transforming pastoral ministries in the Diocese of Bridgeport by inspiring discipleship and providing essential funding, guidance, and resources. The organization focuses on nurturing, guiding, and reinvigorating the diocesan approach to lifelong formation for parishioners, seminarians, and priests. **Primary Program Areas:** • Support for Catholic education, vocation, and seminary education • Priests' residence and retirement fund • Diocesan …
How do I apply for a grant from Foundations in Faith Inc?
**Grant Activity (2024):** Recent grants include: • Bridgeport Roman Catholic Diocesan Corporation: $271,322 (Program Support) • St George R Church: $108,000 (Program Support) **Grant Range:** Typical awards range from $5,500 to $483,646. **Total Giving:** $1,426,681 in total giving reported in 2024.
Where does Foundations in Faith Inc make grants?
Foundations in Faith primarily funds organizations and programs within Connecticut, with a specific focus on the Diocese of Bridgeport region.
What size grants does Foundations in Faith Inc award?
In 2024, Foundations in Faith Inc awarded 34 grants totaling $1.4M — an average of about $41K per grant, based on its IRS Form 990 filings.
What is Foundations in Faith Inc's EIN?
Foundations in Faith Inc's EIN (Employer Identification Number) is 06-1448345. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Foundations in Faith Inc's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.