Yale Club and Scholarship Foundation of Hartford Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
The Club's mission includes providing an organization through which alumni of Yale and residents of the Greater Hartford areas may contribute to the welfare of Yale University; facilitating, initiating, sponsoring and participating in programs and projects aimed at developing and maintaining mutual understanding between Yale, its alumni and residents of northern Conn., participating in the raising of funds for the benefit of Yale; participating in the raising of funds in order to establish and award scholarships for the benefit of students who are residents of or attended secondary schools in northern Conn., and encouraging the enrollment of qualified students in Yale. In the past four years the Club's catchment area has expanded to include alumni of the former Yale clubs of Eastern Connecticut, Bristol, Northwestern Connecticut and New Britain. The Club now covers northern Connecticut from the New York border to the Rhode Island border.The Yale Club and Scholarship Foundation of Hartf
- Income
- $80,196
- Spending
- $55,849
- Spent on programs
- 86%
- Reserves
- Over 10 years of spending
- Largest source of income
- investment income, 51%
- Employees
- 0
- Volunteers
- 30
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 100 out of 100. Higher than 82% of charities in its peer group (education, under $250k).
Reserves
35 of 35Spendable reserves would cover more than ten years of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 30% of income.
Income trend
15 of 15Income rose 66% on the year before.
Spending floor
15 of 1586% of spending went to programs and raising each dollar of donations cost 10 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 62 out of 100. Higher than 47% of charities in its peer group (education, under $250k).
Independent board
25 of 2522 of 22 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (7)
- $22,594 spent. Event expenses - Club events and meetings. Many event expenses are offset by revenues from the events and transfers from an endowed fund. The Club held its biennial post-election dinner and discussion, its annual meeting and dinner with a Yale faculty speaker and several other events. The Club arranged three All-Ivy social events, to which it invited alumni of other ivy league colleges and universities. The Club hosted a speaker on the Ukraine-Russia conflict via Zoom.The Club's events returned to mostly in-person format. There are approximately 150 members and others who attend events as guests. Many local alumni receive emails and annual mailings from the Club. Total expenses - $22,594
- $8,750 spent. Summer fellowship grant to three Yale students for paid summer internships with Hartford area not-for-profit organizations and government agency. Seven other internships were awarded and the students served in summer 2025, following the end of the June fiscal year, which therefore do not appear in the present return. Total $8,750.
- $6,500 spent. Funds paid directly to Yale University for its general scholarship fund. The University provides need-blind support to all qualifying students, including those from the Hartford area. Yale names local students as "Yale Club and Scholarship Foundation of Hartford Scholars"Total $6,500.
- $4,460 spent. Sponsorship of Connecticut Invention Convention and Yale Club and Scholarship Foundation of Hartford awards - $1,450. Grant to Integrated Refugee and Immigration Services - from voluntary contributions to the event $1,160 + Club contribution $50 + matching grant of $1,000 = $2,210/Angel of Edgewood, $250, and Phillips CME Church, $250, for holiday services.American National Red Cross - Conn. disaster relief - in honor of speakers - $250.Town of West Hartford - Town that Cares Fund in memory of a member $50. Total - other grants $4,460
- $2,739 spent. Likoni (Kenya) book drive - shipping costs. $2,739
- $2,196 spent. Book Awards to about 65 high school juniors, outstanding in academics and leadership, selected by the principals of area schools. $2,471
- $710 spent. Other program expenses including awards, printing and mailing. $710.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since October 1960.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.