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
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
76 grants across all recorded years
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).
| Recipient | Purpose | Amount |
|---|---|---|
| ABRAHAM'S PROMISE INC NEW HAVEN, CT | THE GRANT IS PROVIDED TO GRANTEES IN ORDER TO ADVANCE THEIR NONPROFIT MISSION AND VISION | $20,000 |
| ALLEN CHAPEL HUMAN DEVELOPMENT CORPORATION HARTFORD, CT | THE GRANT IS PROVIDED TO GRANTEES IN ORDER TO ADVANCE THEIR NONPROFIT MISSION AND VISION | $12,500 |
| BLUE HILLS CIVIC HARTFORD, CT | THE GRANT IS PROVIDED TO GRANTEES IN ORDER TO ADVANCE THEIR NONPROFIT MISSION AND VISION | $471,000 |
| BLUE HILLS CIVIC ASSOCIATION HARTFORD, CT | THE GRANT IS PROVIDED TO GRANTEES IN ORDER TO ADVANCE THEIR NONPROFIT MISSION AND VISION | $15,000 |
| COMMUNITIES FOR GENERATIONS INC NEW HAVEN, CT | THE GRANT IS PROVIDED TO GRANTEES IN ORDER TO ADVANCE THEIR NONPROFIT MISSION AND VISION | $17,500 |
| CPEN NEW HAVEN, CT | THE GRANT IS PROVIDED TO GRANTEES IN ORDER TO ADVANCE THEIR NONPROFIT MISSION AND VISION | $20,000 |
| CULTURALLY CORRECT CREATIVE INC NEW HAVEN, CT | THE GRANT IS PROVIDED TO GRANTEES IN ORDER TO ADVANCE THEIR NONPROFIT MISSION AND VISION | $20,000 |
| DESTINED TO SUCCEED INC HAMDEN, CT | THE GRANT IS PROVIDED TO GRANTEES IN ORDER TO ADVANCE THEIR NONPROFIT MISSION AND VISION | $21,163 |
| EFFICIENCY FOR ALL INC WINDSOR, CT | THE GRANT IS PROVIDED TO GRANTEES IN ORDER TO ADVANCE THEIR NONPROFIT MISSION AND VISION | $150,000 |
| EIR BOXING & FITNESS ACADEMY NEW HAVEN, CT | THE 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
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| HOWARD HILL | CHAIR/PRESIDENT | 5 | — |
| LARRY CONAWAY | VICE PRESIDENT | 3 | — |
| DONNA LECKY | TREASURER | 3 | — |
| BRIAN COOK | DIRECTOR | 1 | — |
| ADRIENNE COCHRANE | DIRECTOR | 1 | — |
| ORSELLA HUGHES | EXECUTIVE DIRECTOR | 40 | $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.
Explore Open Grants
Browse active grant opportunities in The Prosperity Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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