NFA Foundation Inc
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.
NFA Foundation Inc at a glance
In short: NFA Foundation Inc gave $2.2M across 1 grant in 2025 (avg $2.2M), mostly in Connecticut. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $2,167,881
- +7.4% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $2,167,881
- +7.4% vs 2024
- Median grant
- $2,167,881
- Total assets
- $92,282,022
- +7.6% vs 2024
- Primary geography
- Connecticut (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who NFA Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Norwich Free Academy ($2.2M).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $1–5M range: 4 grants of 5 (80%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How NFA Foundation Inc gives
- Giving fell 83% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $2.0M (2023) to $13.0M (2022). In 2025 it made 1 grant totaling $2.2M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Norwich Free Academy Norwich, CT | Charitable | $2,167,881 |
Ready to take the next step with NFA Foundation Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $92,282,022 | $4,600,603 | $3,937,824 | $2,167,881 | 1 | $3,479,845 |
| 2024 | $85,767,761 | $5,507,209 | $3,870,297 | $2,018,805 | 1 | $3,148,443 |
| 2023 | $80,177,189 | $3,730,231 | $3,831,267 | $1,965,471 | 1 | $2,787,925 |
| 2022 | $77,129,817 | $5,415,738 | $14,635,807 | $13,010,197 | 1 | $3,214,554 |
| 2021 | $96,937,787 | $4,783,238 | $5,559,306 | $4,065,000 | 1 | $2,409,037 |
About NFA Foundation Inc
Based on IRS filings
NFA Foundation Inc is a public charity, based in Norwich, CT. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $92.3M in total assets. In 2025, it awarded 1 grant totaling $2.2M. Net investment income was $3.5M.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
NFA Foundation Inc is led by Kathleen McCarthy, Executive Director on every filing since 2021; 1 of 15 officers listed in 2025 is compensated.
Officers on the 2025 filing
Kathleen McCarthy
Executive Director
On filings since 2021
40 hrs/week
$120K (2021) → $130K (2025)
Mark Tramontozzi
President & Director
Vice President → President & Director, 2023
On filings since 2021
2 hrs/week
No compensation reported
Richard Freeman
Director of Finance
CFO → Director & Finance, 2022
Director & Finance → Director of Finance, 2024
On filings since 2021
5 hrs/week
$143K (2022) → $0 (2025)
Allyn L. Brown III
Director
On filings since 2021
1 hr/week
No compensation reported
B. Michael Rauh Jr.
Director
On filings since 2021
1 hr/week
No compensation reported
Devol S. Joyner
Director
On filings since 2021
1 hr/week
No compensation reported
Diana Boisclair
Vice President & Director
Director → Vice President & Director, 2023
On filings since 2021
2 hrs/week
No compensation reported
Keith Fontaine
Director
On filings since 2021
1 hr/week
No compensation reported
Mark D. Woods
Treasurer & Director
Treasurer → Treasurer & Director, 2023
On filings since 2021
2 hrs/week
No compensation reported
Thomas Hammond
Director
On filings since 2021
1 hr/week
No compensation reported
Todd Postler
Director
President → Director, 2023
On filings since 2021
1 hr/week
No compensation reported
Cheryl Ritacco
Secretary & Director
On filings since 2023
2 hrs/week
No compensation reported
Maria Mirnada
Director
On filings since 2023
1 hr/week
No compensation reported
Daniel King
Director
On filings since 2024
1 hr/week
No compensation reported
Denise Lindell
Director
On filings since 2024
1 hr/week
No compensation reported
Former officers (5)
- Former: Gary Carignan (2021–2024) — Director
- Former: Sarette B. Williams (2021–2024) — Director
- Former: Jeffrey Blinderman (2021–2022) — Outgoing Director
- Former: Matthew Amaro (2021–2022) — Outgoing Secretary
- Former: Lucinda Finger (2021) — CFO
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $130K, to Kathleen McCarthy (Executive Director).
Frequently asked questions about NFA Foundation Inc
How much does NFA Foundation Inc give each year?
NFA Foundation Inc gave $2.2M across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $2.0M across 1 grant.
How large is NFA Foundation Inc?
NFA Foundation Inc reported $92.3M in total assets on its 2025 IRS Form 990. Its revenue that year was $4.6M.
Where does NFA Foundation Inc operate?
NFA Foundation Inc has awarded grants in Connecticut.
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 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2021 (received by the IRS April 13, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS March 16, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS April 25, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS March 13, 2025)
- Updated Form 990 for fiscal year 2025 (received by the IRS March 10, 2026)
- IRS filings on file for fiscal years 2021–2025
Explore Open Grants
Browse active grant opportunities in NFA Foundation Inc's focus areas in our free grants database
Similar Funders
Similar funders in Connecticut
American Savings Foundation Inc
New Britain, CT
The foundation funds education, human services, and arts and culture, especially programs serving children, youth, and families, with a primary focus on New Britain and Waterbury and grants across 64 Connecticut towns. In 2025, its grants ranged from $238 to $150,000, with a median of $1,750; it also offers Community Grants of up to $5,000.
Assets
$107.0M
Grants
613
Total Given
$3.4M
Hartford Foundation for Public Giving
Hartford, CT
The Greater Hartford Gives Foundation funds nonprofits, agencies, and scholarships, with priorities including equity, social and economic mobility, community wellbeing, civic engagement, and arts and culture. Its 2024 itemized grants had a median of about $21,600, with awards ranging from about $5,000 to $2.48 million, and it primarily serves 29 towns in Greater Hartford. It offers annual, priority-aligned grant opportunities; the profile does not state whether it accepts unsolicited requests.
Assets
$1.2B
Grants
613
Total Given
$52.0M
Eversource Energy Foundation Inc
Hartford, CT
The Eversource Energy Foundation funds U.S. 501(c)(3) nonprofits working on basic needs, education, environmental stewardship, community engagement, and economic or workforce development. It gives in Eversource’s service territory in Connecticut, Massachusetts, and New Hampshire; its 2024 median grant was $2,000, though awards ranged from $250 to $700,000.
Assets
$12.5M
Grants
606
Total Given
$6.2M
The Community Foundation for Greater New Haven
New Haven, CT
The Community Foundation for Greater New Haven supports nonprofits working in civic vitality, arts and culture, health, and education across its 20-town Greater New Haven service area. Its 2024 grants had a median of $15,000, though amounts varied widely; it offers competitive, online application-based programs, but whether it accepts unsolicited requests is not stated.
Assets
$627.4M
Grants
505
Total Given
$23.4M
Women's Business Development Council Inc
Stamford, CT
Women’s Business Development Council funds defined business projects for eligible Connecticut women-owned small businesses, as well as grants and support for qualified child care businesses. Recent grants ranged from $5,100 to $41,705, with a median of $10,000; listed programs offer awards from $2,500 up to $25,000. It serves applicants across Connecticut, and the profile describes program applications but does not state whether unsolicited requests are accepted.
Assets
$12.9M
Grants
188
Total Given
$2.3M
Fairfield County's Community Foundation Inc
Norwalk, CT
Fairfield County’s Community Foundation funds local nonprofits addressing education and careers, economic security, health equity, housing, civic engagement, and related community needs in Fairfield County, Connecticut. Awards vary widely: capacity-building grants are up to $10,000, Community Impact Grants are $10,000–$15,000, and reported 2025 grants had a median of $24,080. It accepts unsolicited applications for some programs, including rolling capacity-building and small-grant opportunities; Strategic Partner Grants are invitation-only.
Assets
$291.4M
Grants
448
Total Given
$25.7M
More similar funders
More Funders in Connecticut
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from NFA Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
NFA Foundation Inc down — hundreds of funders to go?