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NewAlliance Foundation, Inc.

Profile

Last Updated: 2016-06-04

At A Glance

NewAlliance Foundation, Inc.

195 Church St., 7th Fl.

New Haven, CT United States 06510-2009

Telephone: 2038596543

Type of Grantmaker

Independent foundation

Financial Data

(yr. ended 2014-12-31)

Assets: $30,696,297

Total giving: $1,301,300

EIN

562453619

BRIDGE Number

0663469785

Additional Contact Information

Additional contacts: Maryann Ott, Assoc. Dir., tel.: (203) 859-6555, e-mail: mott@newalliancefoundation.org; Bobbi Griffith, Admin. Asst., tel.: (203) 859-6543, e-mail: bgriffith@newalliancefoundation.org

Background

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 foundation supports nonprofit and charitable organizations that promote the arts; community development; health and human services; and youth and education.

Program Area(s)

The grantmaker has identified the following area(s) of interest:

Arts

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.

Community Development

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

Subjects
  • Arts and culture
  • Child welfare
  • Community and economic development
  • Developmental disability services
  • Economic development
  • Education
  • Elementary and secondary education
  • Environment
  • Food aid
  • Food banks
  • Health
  • Homeless services
  • Housing development
  • Human services
  • Job creation and workforce development
  • Job training
  • Mathematics
  • Museums
  • Out-of-school learning
  • Performing arts
  • Reading promotion
  • Science
  • Sustainable development
  • Technology
  • Youth development
Population Groups
  • Academics
  • Children and youth
  • Economically disadvantaged people
  • Extremely poor people
  • Low-income and poor people
  • Seniors
  • Students

Financial Data

Year ended 2014-12-31

Assets: $30,696,297 (market value)

Expenditures: $2,042,982

Total giving: $1,301,300

Qualifying distributions: $1,761,302