NewAlliance Foundation, Inc.
Additional Contact Information
Established in 2004 in CT - The foundation was established following the conversion of New Haven Savings Bank to the stock form of organization. In April 2011, upon the closing of the merger of NewAlliance Bancshares, Inc. with First Niagara Financial Group, NewAlliance Foundation became a private, independent foundation serving 44 Connecticut communities.
Purpose and Activities
The grantmaker has identified the following area(s) of interest:
The foundation supports programs and organizations designed to: inspire artistic expression in all forms and bring culture to audiences throughout communities; reach out to underserved populations in the community and/or make meaningful efforts to expand participation in arts programming and attendance; and utilize the arts as an effective tool to improve academic performance, improve educational outcomes, effectively stimulate creativity and/or improve literacy.
The foundation supports programs designed to foster economic self-sufficiency through job readiness skills, employment preparedness, and literacy; promote community stability through economic development initiatives, environmental stewardship, and food security for all; and initiatives designed to encourage affordable housing and/or expand home ownership opportunities.
Health and Human Services
The foundation supports programs designed to provide basic human needs, including shelter, food, clothing, and medical care to those in need; preventative and intervention services to children; and initiatives designed to address health literacy and the ability to understand and use health-related information to navigate the healthcare system.
Youth and Education
The foundation supports programs designed to close the achievement gap in education; provide afterschool or summer initiatives that extends learning and improves academic success; and expand educational opportunities to help students acquire core math, science, literary and technology skills needed to join the future workforce.
Fields of Interest
- Arts and culture
- Child welfare
- Community and economic development
- Developmental disability services
- Economic development
- Elementary and secondary education
- Food aid
- Food banks
- Homeless services
- Housing development
- Human services
- Job creation and workforce development
- Job training
- Out-of-school learning
- Performing arts
- Reading promotion
- Sustainable development
- Youth development
- Children and youth
- Economically disadvantaged people
- Extremely poor people
- Low-income and poor people
Year ended 2014-12-31
Assets: $30,696,297 (market value)
Total giving: $1,301,300
Qualifying distributions: $1,761,302