The William and Alice Mortensen
The William and Alice Mortensen Foundation is a private family foundation established in 1982 and based in West Hartford, Connecticut. The foundation operates as a non-operating foundation, making grants to preselected charitable organizations rather than accepting unsolicited proposals.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$9.6M
-1.3% YoY
Annual Giving
$696K
-11.2% YoY
Grant Count
53
-26.4% YoY
Avg Grant Size
$13K
+20.7% YoY
Mission & Focus Areas
The foundation's purpose is to provide grants using excise tax refunds. Primary funding areas include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
Grantmaking
The foundation operates on a preselected grantee basis, meaning it typically selects grantees rather than accepting unsolicited proposals.
Average Grant
$15,000
How to Apply
**
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Connecticut, with some grants distributed to organizations in the District of Columbia.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023:
- Total Assets: $9,693,588
- Total Giving: $783,507–$865,000
- Total Revenue: $468,330
- Total Expenses: $946,741
The foundation has experienced a decline in total assets from $12.1 million in 2011 to $9.7 million in 2023.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $9,564,044 | $9,693,588 | $10,164,054 |
| Revenue | $742,682 | $468,330 | $499,051 |
| Expenses | $872,226 | $946,741 | $1,139,230 |
| Qualifying Distributions | $782,706 | $864,733 | $1,019,524 |
| Net Investment Income | $663,301 | $395,553 | $391,580 |
| Distributable Amount | $798,892 | $737,171 | $735,842 |
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
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Tim Covello, President
- Suzanne Giuffrida, Vice President
- Dr. Ellen W. Solek, Secretary
- Rodney Mortensen, Director
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| TIM COVELLO | PRESIDENT | 2 | — |
| SUZANNE GIUFFRIDA | VICE PRESIDENT | 2 | — |
| DR ELLEN W SOLEK | SECRETARY | 2 | $600 |
| RODNEY MORTENSEN | DIRECTOR | 2 | — |
Recent News & Activity
Recent developments and announcements
The foundation has supported 63 unique organizations across Connecticut and the District of Columbia. Recent beneficiaries include cultural institutions, educational organizations, and healthcare programs in the Hartford area.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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