Prospect Hill Foundation Inc
Preselected recipients only
Prospect Hill Foundation Inc is a private foundation in New Canaan, Connecticut. In tax year 2024 it gave $2.1 million in 10 grants; the typical grant was $69,950 and the largest $950,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$2.1 million
- Number of grants10
- Typical grant$69,950
- Largest grant$950,000
- Assets$9.5 million
- New grantees80%
Giving in 2024 was up from $1.1 million the year before.
80% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $1.1 million | 9 | $9.0 million |
| 2024 | $2.1 million | 10 | $9.5 million |
How to apply
Prospect Hill Foundation Inc says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What Prospect Hill Foundation Inc funds
Where it gives
Its grants went to recipients in 6 states, the most to New Jersey.
| State | Grants | Amount |
|---|---|---|
| New Jersey | 1 | $950,000 |
| Connecticut | 4 | $752,000 |
| Massachusetts | 1 | $250,000 |
| Indiana | 1 | $100,000 |
| North Carolina | 2 | $64,900 |
| Pennsylvania | 1 | $250 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Community Foundation of New Jersey | General purpose | $950,000 |
| St Aloysius Building Campaign | General purpose | $500,000 |
| Lesley University | General purpose | $250,000 |
| St Luke's School | General purpose | $250,000 |
| University of Notre Dame | General purpose | $100,000 |
| University of North Carolina at Chapel Hill | General purpose | $39,900 |
| Duke University | General purpose | $25,000 |
| Norwalk Education Foundation | General purpose | $1,000 |
| The Mather Homestead | General purpose | $1,000 |
| St Joseph's Center | General purpose | $250 |
Officers and trustees
- Meghan W Cioffi
- Robert F Cioffi
- Mary D Walsh
- Abigail Gobble Dematteo
Questions people ask
Does Prospect Hill Foundation Inc accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Prospect Hill Foundation Inc give?
$2.1 million in tax year 2024, across 10 grants, with a typical grant of $69,950.
Who runs Prospect Hill Foundation Inc?
Its 2024 filing lists Meghan W Cioffi (President & Trustee), Robert F Cioffi (Vice President & Trustee), Mary D Walsh (Vice President & Trustee) and Abigail Gobble Dematteo (Vice President & Trustee).
What does Prospect Hill Foundation Inc fund?
Based on its grants, mainly education.