The Prosperity Foundation Inc logo

The Prosperity Foundation Inc

NEW HAVEN, CT EIN: 47-4364468 Website

CULTIVATE AND GROW BLACK COMMUNITIES IN CONNECTICUT THROUGH CAPACITY-BUILDING SOLUTIONS. OUR MISSION IS TO CREATE A BRIGHTER FUTURE FOR ALL COMMUNITY MEMBERS AND WORK TOWARD A MORE EQUITABLE SOCIETY FOR EVERYONE.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.2M

-44.6% YoY

Annual Giving

$2.0M

+308.0% YoY

Grant Count

54

+107.7% YoY

Avg Grant Size

$37K

+96.4% YoY

About The Prosperity Foundation Inc

Based on IRS filings

The Prosperity Foundation Inc is a nonprofit organization focused on Human Services, based in NEW HAVEN, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.2M in total assets. In 2024, it awarded 54 grants totaling $2.0M. Net investment income was $98K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

BostonBranfordBridgeportEnfieldHamdenHartfordManchesterNew BritainNew HavenPlainvilleStamfordVernonWallingfordWest HavenWindsor

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$870K$2M$3M$3M20202021202220232024
Metric202420232022
Total Assets$2,211,727$3,994,512$1,929,277
Revenue$2,714,369$1,956,036$1,820,718
Expenses$3,163,028$1,997,999$545,536
Qualifying Distributions
Net Investment Income$98,213$77,367$36,132
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$496K$992K$1M$2M0 grants20200 grants20210 grants202226 grants202354 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

BLUE HILLS CIVIC$471KHARTFORD RENAIS$379KEFFICIENCY FOR ALL INC$150KGREATER HARTFORD YMCA$100KOUR PIECE OF THE PIE INC$100KLIGHTHOUSE COMMUNITY DEV…$25KST MATTHEWS UFWB CHURCH$25KELM CITY GO KARTING ASSO…$23KEMERGE CONNECTICUT INC$23KFIXING FATHERS INC$23K

Grant Size Distribution

76 grants across all recorded years

71<$50K$50–100K3$100–250K2$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Blue Hills Civic ($471,000), Hartford Renais ($378,624), Efficiency for All Inc ($150,000).

RecipientPurposeAmount
ABRAHAM'S PROMISE INC NEW HAVEN, CTTHE GRANT IS PROVIDED TO GRANTEES IN ORDER TO ADVANCE THEIR NONPROFIT MISSION AND VISION$20,000
ALLEN CHAPEL HUMAN DEVELOPMENT CORPORATION HARTFORD, CTTHE GRANT IS PROVIDED TO GRANTEES IN ORDER TO ADVANCE THEIR NONPROFIT MISSION AND VISION$12,500
BLUE HILLS CIVIC HARTFORD, CTTHE GRANT IS PROVIDED TO GRANTEES IN ORDER TO ADVANCE THEIR NONPROFIT MISSION AND VISION$471,000
BLUE HILLS CIVIC ASSOCIATION HARTFORD, CTTHE GRANT IS PROVIDED TO GRANTEES IN ORDER TO ADVANCE THEIR NONPROFIT MISSION AND VISION$15,000
COMMUNITIES FOR GENERATIONS INC NEW HAVEN, CTTHE GRANT IS PROVIDED TO GRANTEES IN ORDER TO ADVANCE THEIR NONPROFIT MISSION AND VISION$17,500
CPEN NEW HAVEN, CTTHE GRANT IS PROVIDED TO GRANTEES IN ORDER TO ADVANCE THEIR NONPROFIT MISSION AND VISION$20,000
CULTURALLY CORRECT CREATIVE INC NEW HAVEN, CTTHE GRANT IS PROVIDED TO GRANTEES IN ORDER TO ADVANCE THEIR NONPROFIT MISSION AND VISION$20,000
DESTINED TO SUCCEED INC HAMDEN, CTTHE GRANT IS PROVIDED TO GRANTEES IN ORDER TO ADVANCE THEIR NONPROFIT MISSION AND VISION$21,163
EFFICIENCY FOR ALL INC WINDSOR, CTTHE GRANT IS PROVIDED TO GRANTEES IN ORDER TO ADVANCE THEIR NONPROFIT MISSION AND VISION$150,000
EIR BOXING & FITNESS ACADEMY NEW HAVEN, CTTHE GRANT IS PROVIDED TO GRANTEES IN ORDER TO ADVANCE THEIR NONPROFIT MISSION AND VISION$15,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

ORSELLA HUGHESEXECUTIVE DIRECTOR$88K

From 2024 filing

NameTitleHoursCompensation
HOWARD HILLCHAIR/PRESIDENT5
LARRY CONAWAYVICE PRESIDENT3
DONNA LECKYTREASURER3
BRIAN COOKDIRECTOR1
ADRIENNE COCHRANEDIRECTOR1
ORSELLA HUGHESEXECUTIVE DIRECTOR40$88,259

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Prosperity Foundation Inc?

The Prosperity Foundation Inc is a nonprofit organization focused on Human Services, based in NEW HAVEN, CT. It holds $2.2M in total assets as of 2024.

How large is The Prosperity Foundation Inc?

As of 2024, The Prosperity Foundation Inc holds $2.2M in total assets with $2.7M in annual revenue. It awarded 54 grants totaling $2.0M in 2024.

Where does The Prosperity Foundation Inc operate?

The Prosperity Foundation Inc has awarded grants in Connecticut, Massachusetts.

What size grants does The Prosperity Foundation Inc award?

In 2024, The Prosperity Foundation Inc awarded 54 grants totaling $2.0M — an average of about $37K per grant, based on its IRS Form 990 filings.

What is The Prosperity Foundation Inc's EIN?

The Prosperity Foundation Inc's EIN (Employer Identification Number) is 47-4364468. IRS Form 990 filing data is available on this page for 2020–2024.

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Related Funders

Similar funders by location and focus area

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

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