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

No grants recorded for .

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

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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