THE SERC FOUNDATION INC
AI Summary
The SERC Foundation Inc, based in Connecticut, is dedicated to advancing education and reducing disparities in educational outcomes for students across the state. With an operating budget of $216.6K and total revenue of $308.8K for the filing year 2024, the organization focuses on providing grants and loans to designated individuals and associations. Notably, it does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base for its initiatives. More information can be found on their website, CTSERC.ORG/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.
Cause Areas
1
Education
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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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Funder
Total Funding
Funding Share
WILLIAM CASPAR GRAUSTEIN MEMORIAL FUND
$44M
4%
Greater Hartford Gives Foundation
$34.3M
< 1%
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.