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.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$110.1M
+7.5% YoY
Annual Giving
$1.1M
+44.3% YoY
Grant Count
2
+100.0% YoY
Avg Grant Size
$570K
-27.8% YoY
About The Ccsu Foundation Inc
Based on IRS filings
The Ccsu Foundation Inc is a nonprofit organization focused on Education, based in NEW BRITAIN, CT. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $110.1M in total assets. In 2025, it awarded 2 grants totaling $1.1M. Net investment income was $8.7M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $110,056,247 | $102,355,827 | $96,202,485 |
| Revenue | $12,702,767 | $7,649,091 | $5,874,789 |
| Expenses | $5,899,163 | $5,008,544 | $5,669,764 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $8,748,638 | $5,198,359 | $2,882,452 |
| 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 2 recipients in 2025
Grant Size Distribution
9 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ALEXANDER LEE | DIRECTOR | 1.5 | — |
| ANTHONY S TORSIELLO | DIRECTOR | 0.5 | — |
| CURTIS WIGGINS | DIRECTOR | 1.5 | — |
| ED VESCOVI | DIRECTOR | 0.5 | — |
| JANET NAHORNEY | DIRECTOR | 1.5 | — |
| JOSEPH MATTHEW JR | DIRECTOR | 1.5 | — |
| KRISTINE LARSEN | DIRECTOR | 0.5 | — |
| LYNN TINKER | DIRECTOR | 0.5 | — |
| MARIA FALVO | DIRECTOR | 0.5 | — |
| RACHEL MULI | TREASURER | 2 | — |
| RICHARD D DONOVAN | VICE CHAIR | 2 | — |
| RICHARD SPADA | DIRECTOR | 0.5 | — |
| ULULY MARTINEZ | CHAIR | 2 | — |
| WALDEMAR KOSTRZEWA | PAST CHAIR | 2 | — |
| JENNIFER DESTEFANI | EXECUTIVE DIRECTOR | 4 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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