2024-04-25T14:13:18-05:00 2023-06-30 410746749 CLIFTONLARSONALLEN 29 SOUTH MAIN STREET 4TH FLOOR WEST HARTFORD CT 06107 990 2022-07-01 222678033 NFA FOUNDATION INC NFAF 8608872505 321 BROADWAY NORWICH CT 063603547 RICHARD FREEMAN CFO 8608872505 2024-04-25 1 RICHARD FREEMAN 999009999 0 JOHN TOSCANO P00358542 8605614000 2024-04-23 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z RICHARD FREEMAN 321 BROADWAY NORWICH CT 06360 7028600 0 X WWW.NFAFOUNDATION.ORG X 1986 CT TO SOLICIT AND RECEIVE CONTRIBUTIONS FOR THE NORWICH FREE ACADEMY. 12 12 10 26 0 0 2201184 900173 0 40092 3214554 2787925 0 2041 5415738 3730231 13721905 2634315 0 0 543918 621714 0 0 386338 369984 575238 14635807 3831267 -9220069 -101036 77129817 80177189 4314830 4355404 72814987 75821785 X 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. 0 0 3001529 2634315 40092 THE FOUNDATION PRIMARILY SOLICITS AND RECEIVES CONTRIBUTIONS, GRANTS, AND BEQUESTS FOR THE NORWICH FREE ACADEMY (NFA). THE FOUNDATION ALSO HELD SIX REUNION EVENTS IN 2023, PROVIDING OPPORTUNITIES FOR ALUMNI IN BOSTON AND THREE LOCATIONS IN FLORIDA TO CONNECT WITH FELLOW NFA ALUMNI RESIDING IN THEIR CITIES. ADDITIONALLY, TWO REUNIONS WERE HELD FOR MEMBERS OF THE CLASSES OF 1965-1972 AS THE RED & WHITE REUNION AND 1940-1964 AS THE JUBILEE REUNION. 3001529 1 1 0 0 0 0 0 1 0 1 0 1 0 0 1 0 0 0 0 0 1 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 2 0 1 10 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 1 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 0 X RICHARD FREEMAN 8604255522 321 BROADWAY NORWICH CT 06360 MARK TRAMONTOZZI PRESIDENT AND DIRECTOR 2.00 2.00 X X 0 0 0 DIANA BOISCLAIR VICE PRESIDENT AND DIRECTOR 2.00 2.00 X X 0 0 0 CHERYL RITACCO SECRETARY AND DIRECTOR 2.00 X X 0 0 0 MARK D WOODS TREASURER AND DIRECTOR 2.00 2.00 X X 0 0 0 ALLYN L BROWN III DIRECTOR 2.00 2.00 X 0 0 0 GARY CARIGNAN OUTGOING DIRECTOR 2.00 X 0 0 0 KEITH FONTAINE DIRECTOR 2.00 2.00 X 0 0 0 THOMAS HAMMOND DIRECTOR 2.00 X 0 0 0 DEVOL S JOYNER DIRECTOR 2.00 2.00 X 0 0 0 MARIA MIRNADA DIRECTOR 2.00 2.00 X 0 0 0 TODD POSTLER DIRECTOR 2.00 2.00 X 0 0 0 B MICHAEL RAUH JR DIRECTOR 2.00 X 0 0 0 SARETTE B WILLIAMS DIRECTOR 2.00 2.00 X 0 0 0 KATHLEEN MCCARTHY EXECUTIVE DIRECTOR 40.00 X 119746 0 46517 RICHARD FREEMAN DIRECTOR, FINANCE/HR 10.00 35.00 X 0 140558 43794 119746 140558 90311 1 0 1 0 0 900173 900173 ALUMNI ENGAGEMENT 900099 40092 40092 40092 1820501 1820501 4236346 12363 3281285 0 955061 12363 967424 967424 19125 17084 2041 2041 3730231 40092 0 2789966 1965471 1965471 668844 668844 176661 52999 61831 61831 325011 97503 113754 113754 47591 14277 16657 16657 38791 11637 13577 13577 33660 10098 11781 11781 4100 1230 1435 1435 36000 10800 12600 12600 57062 57062 112754 33826 39464 39464 33843 10153 11845 11845 74200 22260 25970 25970 10163 3049 3557 3557 REPAIRS AND MAINTENANCE 55011 16503 19254 19254 STUDENT ACTIVITIES 33303 33303 TEXTBOOKS AND SUPPLIES 19849 19849 EQUIPMENT 8749 2625 3062 3062 130204 27102 51551 51551 3831267 3001529 443400 386338 3049045 1462097 52652 10500 58417104 63458808 15611016 15245784 77129817 80177189 34809 28401 4280021 4327003 4314830 4355404 X 20607177 22290711 52207810 53531074 72814987 75821785 77129817 80177189 X -101036 3091202 16632 X X 1 X 1 X 1 0 X 708305 840281 2374201 2201184 900173 7024144 708305 840281 2374201 2201184 900173 7024144 2064333 4959811 2192811 2427656 1378384 1931601 1820501 9750953 19125 19125 16794222 40092 0.29530 0.31950 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: GROSS INCOME FROM FUNDRAISING - 2022 AMOUNT: $ 19,125. PART II, SECTION C, LINE 17A, FACTS AND CIRCUMSTANCES TEST: NFA FOUNDATION, INC IS A 501(C)(3) ORGANIZATION THAT NORMALLY RECEIVES A SUBSTANTIAL PART OF ITS SUPPORT FROM A GOVERNMENTAL UNIT OR FROM THE GENERAL PUBLIC. THE ORGANIZATION IS ORGANIZED AND OPERATED TO ATTRACT NEW AND ADDITIONAL PUBLIC AND GOVERNMENTAL SUPPORT ON A CONTINUOUS BASIS. THE ORGANIZATION MEETS THE FACTS AND CIRCUMSTANCES TEST UNDER REG. 1.170A-9(F)(3). RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 73851801 633618 5826347 465261 2633489 77213016 85275769 2634860 -8245882 400000 5412946 73851801 71179750 1976038 20657191 295213 8241997 85275769 71976714 585484 1186650 425519 2143579 71179750 69652097 649995 3918626 417670 1826334 71976714 0.35124 0.64876 0 0 0 IRREVOCABLE TRUST 372085 F HEDGE FUND 9322897 F REAL ESTATE INVESTMENT TRUST 5550802 F 15245784 DUE TO AFFILIATE 4327003 4327003 PART III, LINE 1A: THE CORPORATION OWNS A MUSEUM WITH COLLECTIONS OF PAINTINGS, CASTS, STATUARY, ARTIFACTS AND VARIOUS OTHER ITEMS. COLLECTION ITEMS ACQUIRED EITHER THROUGH PURCHASE OR DONATION ARE NOT CAPITALIZED. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN NET ASSETS WITHOUT DONOR RESTRICTIONS IF PURCHASED WITH ASSETS WITHOUT DONOR RESTRICTIONS AND AS DECREASES IN NET ASSETS WITH DONOR RESTRICTIONS IF PURCHASED WITH DONOR-RESTRICTED ASSETS. CONTRIBUTIONS OF COLLECTION ITEMS ARE NOT RECOGNIZED IN THE STATEMENT OF ACTIVITIES. PROCEEDS FROM DE-ACCESSIONS OR INSURANCE RECOVERIES ARE REFLECTED ON THE CONSOLIDATED STATEMENT OF ACTIVITIES BASED ON THE ABSENCE OR EXISTENCE AND NATURE OF DONOR-IMPOSED RESTRICTIONS. PART III, LINE 4: THE MUSEUM DISPLAYS AND INTERPRETS THE BEST EXAMPLES OF FINE AND DECORATIVE ART, REPRESENTING A BROAD RANGE OF WORLD CULTURES OF THE AMERICAS, ASIA, EUROPE, AND AFRICA. THE COLLECTIONS INCLUDE 18TH-20TH CENTURY AMERICAN PAINTINGS AND DECORATIVE ARTS, 17TH-19TH CENTURY EUROPEAN PAINTINGS AND DECORATIVE ARTS, AFRICAN AND OCEANIC SCULPTURES, NATIVE AMERICAN OBJECTS, AND A PLASTER CASTE COLLECTION OF EGYPTIAN, ARCHAIC, GREEK, ROMAN AND RENAISSANCE SCULPTURE. PART V, LINE 4: THE ENDOWMENT IS USED FOR STUDENT SCHOLARSHIPS AS WELL AS FOR SUPPORT OF PROGRAMS, A MUSEUM AND FACILITIES. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 9322897 0 0 0 0 0 0 9322897 0 9322897 0 0 0 0 0 0 PART III ACCOUNTING METHOD: GOLF TOURNAMENT 14525 14525 12439 14525 14525 12439 12439 2086 1 NORWICH FREE ACADEMY 305 BROADWAY NORWICH CT 06360 060762783 501(C)(3) 1965471 0 CHARITABLE SCHOLARSHIP AWARDS FOR COLLEGE 286 668844 PART I, LINE 2: CHECKS ARE EITHER MADE OUT DIRECTLY TO THE STUDENT OR THE COLLEGE, DEPENDING UPON THE SPECIFICS OF DONOR INTENT. ALL SCHOLARSHIPS ARE AWARDED BY FOLLOWING THE GUIDELINES ESTABLISHED BY THE DONOR, IN AN OBJECTIVE AND NONDISCRIMINATORY MANNER. X 0 0 0 0 0 0 0 0 0 RICHARD FREEMAN DIRECTOR, FINANCE/HR 0 140450 0 0 0 108 0 5389 0 38405 0 184352 0 0 KATHLEEN MCCARTHY EXECUTIVE DIRECTOR 119470 0 0 0 276 0 5389 0 41128 0 166263 0 0 0 FORM 990, PART VI, SECTION A, LINE 4 NFA FOUNDATION UPDATED THE MISSION STATEMENT DURING THE FISCAL YEAR ENDED JUNE 30, 2023. FORM 990, PART VI, SECTION A, LINE 8B THE FOUNDATION HAS NO OTHER COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS AND REVIEWED PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH BOARD MEMBER, OFFICER AND KEY EMPLOYEE RECEIVES THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS. THEY ARE REQUIRED TO SIGN AN ACKNOWLEDGEMENT THAT THEY UNDERSTAND AND HAVE COMPLIED. ANY RELATIONSHIP MUST BE DISCLOSED. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION OF THE EXECUTIVE DIRECTOR IS APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE AVAILABLE THROUGH THE SECRETARY OF THE STATE OFFICE. POLICIES CAN BE MADE AVAILABLE TO ANYONE REQUESTING THEM. FORM 990 IS AVAILABLE TO THE PUBLIC UPON SPECIFIC REQUEST OR THROUGH GUIDESTAR.ORG. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF PERPETUAL TRUST 16,632. PART XII, LINE 2C THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT POLICY DURING THE FISCAL YEAR ENDED JUNE 30, 2023. THE NORWICH FREE ACADEMY 305 BROADWAY NORWICH CT 06360 060762783 TO PROVIDE SECONDARY EDUCATION FOR THE CITY OF NORWICH AND SURROUNDING TOWNS CT 501(C)(3) 2 0 0 1 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0