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Nfa Foundation Inc

NORWICH, CT EIN: 22-2678033 Website

THE NFA FOUNDATION ADVANCES OPPORTUNITIES AT NORWICH FREE ACADEMY BY SOLICITING, ACCEPTING, AND PRUDENTLY MANAGING DONATED AND ENDOWED FUNDS. THE FOUNDATION ACTIVELY BUILDS AWARENESS, ENGAGES ALUMNI, NURTURES RELATIONSHIPS, AND DEVELOPS PARTNERSHIPS TO BENEFIT THE ACADEMY'S STUDENTS, FACULTY, AND STAFF.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$85.8M

+7.0% YoY

Annual Giving

$2.0M

+2.7% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$2.0M

+2.7% YoY

About Nfa Foundation Inc

Based on IRS filings

Nfa Foundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in NORWICH, CT. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $85.8M in total assets. In 2024, it awarded 1 grants totaling $2.0M. Net investment income was $3.1M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Norwich

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$4M$8M$12M$16M2021202220232024
Metric202420232022
Total Assets$85,767,761$80,177,189$77,129,817
Revenue$5,507,209$3,730,231$5,415,738
Expenses$3,870,297$3,831,267$14,635,807
Qualifying Distributions
Net Investment Income$3,148,443$2,787,925$3,214,554
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$3M$7M$10M$13M1 grants20211 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

NORWICH FREE ACADEMY$2.0M

Grant Size Distribution

4 grants across all recorded years

<$50K$50–100K$100–250K$250–500K$500K–1M3$1–5M1$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Norwich Free Academy ($2,018,805).

RecipientPurposeAmount
NORWICH FREE ACADEMY NORWICH, CTCHARITABLE$2,018,805

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

KATHLEEN MCCARTHYEXECUTIVE DIRECTOR$126K

From 2024 filing

NameTitleHoursCompensation
MARK TRAMONTOZZIPRESIDENT AND DIRECTOR2
DIANA BOISCLAIRVICE PRESIDENT AND DIRECTOR2
CHERYL RITACCOSECRETARY AND DIRECTOR2
MARK D WOODSTREASURER AND DIRECTOR2
ALLYN L BROWN IIIDIRECTOR1
THOMAS HAMMONDDIRECTOR1
DEVOL S JOYNERDIRECTOR1
MARIA MIRNADADIRECTOR1
TODD POSTLERDIRECTOR1
B MICHAEL RAUH JRDIRECTOR1
DANIEL KINGDIRECTOR1
DENISE LINDELLDIRECTOR1
GARY CARIGNANDIRECTOR (UNTIL 11/23)1
KEITH FONTAINEDIRECTOR (UNTIL 11/23)1
SARETTE B WILLIAMSDIRECTOR (UNTIL 11/23)1
KATHLEEN MCCARTHYEXECUTIVE DIRECTOR40$125,843
RICHARD FREEMANDIRECTOR OF FINANCE5

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Nfa Foundation Inc?

Nfa Foundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in NORWICH, CT. It holds $85.8M in total assets as of 2024.

How large is Nfa Foundation Inc?

As of 2024, Nfa Foundation Inc holds $85.8M in total assets with $5.5M in annual revenue. It awarded 1 grants totaling $2.0M in 2024.

Where does Nfa Foundation Inc operate?

Nfa Foundation Inc has awarded grants in Connecticut.

What size grants does Nfa Foundation Inc award?

In 2024, Nfa Foundation Inc awarded 1 grants totaling $2.0M — an average of about $2.0M per grant, based on its IRS Form 990 filings.

What is Nfa Foundation Inc's EIN?

Nfa Foundation Inc's EIN (Employer Identification Number) is 22-2678033. IRS Form 990 filing data is available on this page for 2021–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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