J Walton Bissell Foundation Inc

Overview

The J Walton Bissell Foundation Inc is a private foundation headquartered in West Hartford, CT. Established in 1989, it is designated as a 501(c)3 organization, which means donations to the foundation are tax-deductible[1][2].

Purpose and Activities

The foundation focuses on supporting grants related to the abuse of children and others, the nurture of children and families, the aid of those with visual or other physical or mental disabilities, and the encouragement of the arts[2]. It supports annual operations or specific programs rather than capital projects, and its policy is not to make grants to organizations for capital improvements[3].

Financial Information

In recent years, the foundation has derived most of its revenue from dividends and sales of assets. For instance, in fiscal year 2022, it received zero contributions, with $530,394 coming from dividends and $16,409 from sales of assets[1]. The foundation engages in substantial charitable disbursements, with $1,283,315 allocated for charitable purposes in the same period[1]. As of 2022, it held total assets worth approximately $19,984,395[1].

Operations and Governance

Key personnel include Sarah D. Anthony, who serves as President and CEO. Other notable figures include Hyacinth Douglas Bailey and Richard A. Brown, both directors of the foundation[1]. In 2023, the foundation contributed $972,500 in grants[4].

Leadership and Compensation

The compensation for key employees includes substantial figures, with Sarah D. Anthony receiving $131,063 in compensation plus additional remuneration in 2022[1]. Directors such as Hyacinth Douglas Bailey and Richard A. Brown receive modest stipends for their roles[1]. This structure reflects the foundation's focus on distributing resources towards charitable causes rather than operational overheads.