Overview

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Est.

2015

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

THE SERC FOUNDATION INC is an education-focused nonprofit with a mission to establish and administer funds that provide grants and/or loans to designated individuals and associations to advance the education of Connecticut students and reduce disparities in educational outcomes. In filing year 2025, it reported an operating budget of $260.7K and total revenue of $95.6K, with funding listed from WILLIAM CASPAR GRAUSTEIN MEMORIAL FUND and Greater Hartford Gives Foundation.

Mission Statement

TO ESTABLISH AND ADMINISTER SPECIFIC FUNDS WHICH FUNDS SHALL BE UTILIZED TO PROVIDE GRANTS AND/OR LOANS TO PARTICULAR DESIGNATED INDIVIDUALS AND ASSOCIATIONS WITH THE OBJECTIVES OF ADVANCING THE EDUCATION OF ALL CONNECTICUT STUDENTS AND DECREASING DISPARITIES IN EDUCATIONAL OUTCOMES.
Revenues
$308.8K
Expenses
$216.6K
Net Income:
+$92.2K
Assets
$412.6K
Liabilities
$53.8K
Net Assets:
+$358.8K
Operating Budget
$216.6K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
2
Median grant size
$101.3K
Largest grant received
$101.3K
M
Marilyn Calderon
Board Member
J
Jeffrey Leake
Board Member
D
DR Agnes Quinones
Board Member
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  • 2 funders
  • 11 board & team members
  • 8 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is THE SERC FOUNDATION INC’s budget?
In 2024, THE SERC FOUNDATION INC reported an annual operating budget of around $217 thousand. More detailed financial information is available to registered users.
What causes does THE SERC FOUNDATION INC support?
THE SERC FOUNDATION INC supports work in Education.
Where does THE SERC FOUNDATION INC operate?
THE SERC FOUNDATION INC is headquartered in WATERBURY, CT.
Who funded THE SERC FOUNDATION INC recently?
In 2024, THE SERC FOUNDATION INC received grants from WILLIAM CASPAR GRAUSTEIN MEMORIAL FUND, WILLIAM CASPAR GRAUSTEIN MEMORIAL FUND, and WILLIAM CASPAR GRAUSTEIN MEMORIAL FUND. More information on this organization’s funders is available to registered users.
What is the largest grant THE SERC FOUNDATION INC received in 2024?
The largest grant to THE SERC FOUNDATION INC in 2024 exceeds $101 thousand.