The Connecticut State Capitol

Form 990-PFTax year 2024EIN 20-5572208

Prospect Hill Foundation Inc

A private foundation in New Canaan, CT. Its return for tax year 2024 lists 10 grants and $2.1 million paid in grants.

Tax year 2024 (period ending Dec 31, 2024), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Preselected only

The return checks the box saying the foundation gives only to preselected organizations and does not accept unsolicited requests.

Assets and giving by year

7 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2024

    $2,117,150

    Grants listed
    10
    Assets, end of year
    $9,482,273
  • Tax year 2023

    $1,107,000

    Grants listed
    9
    Assets, end of year
    $9,043,410
  • Tax year 2022

    $339,900

    Grants listed
    8
    Assets, end of year
    $8,306,146
  • Tax year 2021

    $337,210

    Grants listed
    8
    Assets, end of year
    $10,020,665
  • Tax year 2020

    $375,000

    Grants listed
    3
    Assets, end of year
    $6,424,367
  • Tax year 2019

    $179,000

    Grants listed
    6
    Assets, end of year
    $4,385,230
  • Tax year 2018

    $150,000

    Grants listed
    1
    Assets, end of year
    $3,703,063

Grants paid in 2024

10 grants, largest first

As listed on the return.

  1. Community Foundation of New JerseyMorristown, NJ

    General purpose

    $950,000
  2. St Aloysius Building CampaignNew Canaan, CT

    General purpose

    $500,000
  3. Lesley UniversityCambridge, MA

    General purpose

    $250,000
  4. St Luke's SchoolNew Canaan, CT

    General purpose

    $250,000
  5. University of Notre DameNotre Dame, IN

    General purpose

    $100,000
  6. University of North Carolina at Chapel HillChapel Hill, NC

    General purpose

    $39,900
  7. Duke UniversityDurham, NC

    General purpose

    $25,000
  8. Norwalk Education FoundationNorwalk, CT

    General purpose

    $1,000
  9. The Mather HomesteadDarien, CT

    General purpose

    $1,000
  10. St Joseph's CenterScranton, PA

    General purpose

    $250

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Philanthropy and grantmaking1 grant $950,00088% of the total
  2. Education3 grants $126,00012% of the total
  3. Human services1 grant $250<1% of the total

By State

Grants to organizations with a US address, latest year.

  1. New Jersey1 grant $950,000
  2. Connecticut4 grants $752,000
  3. Massachusetts1 grant $250,000
  4. Indiana1 grant $100,000
  5. North Carolina2 grants $64,900
  6. Pennsylvania1 grant $250

Officers, directors and trustees

4 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Meghan W CioffiPRESIDENT & TRUSTEE Hours 0Pay $0
  • Robert F CioffiVICE PRESIDENT & TRUSTEE Hours 0Pay $0
  • Mary D WalshVICE PRESIDENT & TRUSTEE Hours 0Pay $0
  • Abigail Gobble DematteoVICE PRESIDENT & TRUSTEE Hours 0Pay $0

The return

More foundations

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Same main cause (philanthropy and grantmaking), giving between a quarter and four times this foundation’s where possible, nearby first.

  1. The Titus Foundation IncNew Canaan, CT 14 grants Preselected only $2,664,035 giving
  2. The Martino Family Foundation Co Michael E MartinoNew Canaan, CT 16 grants Preselected only $5,421,000 giving
  3. George E Coleman Jr FoundationNew Canaan, CT 29 grants Accepts applications $656,400 giving
  4. Liberty Bank Foundation IncMiddletown, CT 144 grants Preselected only $2,340,080 giving
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