The Nutmeg Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WEST HARTFORD, CT. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $2.5M in total assets. In 2024, it awarded 11 grants totaling $219K. Net investment income was $314K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.5M
+3.6% YoY
Annual Giving
$219K
+58.1% YoY
Grant Count
11
+0.0% YoY
Avg Grant Size
$20K
+58.1% YoY
Under IRS private-foundation payout rules, The Nutmeg Foundation Inc reported a distributable amount of $165K for 2024 — the minimum it must pay out in qualifying distributions.
About The Nutmeg Foundation Inc
Based on IRS filings
The Nutmeg Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WEST HARTFORD, CT. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $2.5M in total assets. In 2024, it awarded 11 grants totaling $219K. Net investment income was $314K.
Focus Areas
Ready to take the next step with The Nutmeg Foundation Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,510,491 | $2,422,349 | $2,530,850 |
| Revenue | $329,679 | $62,496 | $128,503 |
| Expenses | $240,498 | $170,331 | $230,811 |
| Qualifying Distributions | $224,586 | $155,735 | $216,398 |
| Net Investment Income | $313,767 | $47,900 | $114,090 |
| Distributable Amount | $165,214 | $152,757 | $162,576 |
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
61 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Local Initiatives Support Corporati ($50,000), Hartford Interval House ($50,000), United Way of Central Northeastern ($30,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Katherine Hepburn Cultural Arts Ctr Old Saybrook, CT | Unrestricted | $1,500 |
| Shoreline Soup Kitchens Pantries Essex, CT | Unrestricted | $1,000 |
| United Way of Central Northeastern Hartford, CT | Hartford Working Cities | $30,000 |
| Asylum Hill Congregational Church Hartford, CT | Unrestricted | $3,000 |
| National Exchange-Old SaybrookW'bro Old Saybrook, CT | Unrestricted | $500 |
| Hartford Interval House Hartford, CT | Strategic Plan | $8,000 |
| Local Initiatives Support Corporati New York, NY | Building Equitable Neighborhoods through Resident Engagement | $50,000 |
| United Way of Central Northeastern Hartford, CT | Healthy Hartford Hub Community Action Task Force | $30,000 |
| Hartford Interval House Hartford, CT | Breaking the Cycle | $50,000 |
| Community Partners in Action Hartford, CT | Warehouse Assistance for the Prison Arts Program in 2024-25 | $15,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Ethel Davis | President | 5 | — |
| Sandra Wood Forand | Secretary | 2 | — |
| Paul Tracey | Treasurer | 2 | — |
| Chris Hall | Director | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Nutmeg Foundation Inc?
The Nutmeg Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WEST HARTFORD, CT. It holds $2.5M in total assets as of 2024.
How large is The Nutmeg Foundation Inc?
As of 2024, The Nutmeg Foundation Inc holds $2.5M in total assets with $330K in annual revenue. It awarded 11 grants totaling $219K in 2024.
Where does The Nutmeg Foundation Inc operate?
The Nutmeg Foundation Inc has awarded grants in Connecticut, New York.
What size grants does The Nutmeg Foundation Inc award?
In 2024, The Nutmeg Foundation Inc awarded 11 grants totaling $219K — an average of about $20K per grant, based on its IRS Form 990 filings.
How much is The Nutmeg Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Nutmeg Foundation Inc reported a distributable amount of $165K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Nutmeg Foundation Inc's EIN?
The Nutmeg Foundation Inc's EIN (Employer Identification Number) is 31-1794110. IRS Form 990 filing data is available on this page for 2019–2024.
Explore Open Grants
Browse active grant opportunities in The Nutmeg Foundation Inc's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Christine E Moser Foundation
NEW BRITAIN, CT
Assets
$767K
Grants
7
Total Given
$36K
The Ravengate Foundation
OLD GREENWICH, CT
Assets
$1.2M
Grants
3
Total Given
$70K
Alderman Family Foundation
SALISBURY, CT
Assets
$33K
Grants
5
Total Given
$650
Calf Island Foundation
GREENWICH, CT
Assets
$172K
Grants
1
Total Given
$10K
Russel R Taylor Foundation
GREENWICH, CT
Assets
$2.6M
Grants
3
Total Given
$224K
Nancy a Larson Foundation Inc
OLD LYME, CT
Assets
$9K
Grants
8
Total Given
$12K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with The Nutmeg Foundation Inc on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching The Nutmeg Foundation Inc to a real strategy.