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NFA Foundation INC

Public charity
Foundations · NORWICH, CT · EIN 22-2678033

About

The NFA foundation advances opportunities at norwich free academy by soliciting, accepting, and prudently managing donated and endowed funds. The foundation actively builds awareness, engages alumni, nurtures relationships, and develops partnerships to benefit the academy's students, faculty, and staff.

Donations are tax-deductible
Category
Foundations
Employees
7
Volunteers
20

Financial Snapshot

FY ending 2024-06-30
Revenue
$5.5M
Expenses
$3.9M
Assets
$85.8M
Liabilities
$4.3M

Financial history

$14.6M$7.3M$0
18192021222324
RevenueExpenses
Latest FY2024: $5.5M · Peak FY2018: $5.8M · Avg: $4.6M

Foreign activity (Schedule F)

Total spent abroad$8.4M
Foreign employees0
Foreign offices0
Foreign partnership interestNo
Foreign trust interestNo
RegionActivitySpent
CENTRAL AMERICA AND THE CARIBBEAN

Political & Grant Activity

Campaign Spending
Lobbying
Grants Given
$2.8M
NFA FOUNDATION INC
Your actions

Address

321 Broadway
Norwich, CT, 06360-354

Governance

Voting board members12
Independent members12
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %33.9%
Permanent endowment %66.1%
Endowment held by related orgNo
Public records
ProPublica Nonprofit Explorer
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
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