3c Corporation FY2022 filing

Tax-deductible

New Haven, CT501(c)(3)Since 2002EducationEIN 41-2046529Revenue $2.3M in FY2022

On file with the IRSPo Box 208239, 06520-8239 · New Haven, CTTax-exempt since Oct 2004Supporting organization — 509(a)(3)

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3c Corporation is a supporting organization whose primary exempt purpose is to hold certain investment assets of yale university.

501(c)(3) charity; gifts are tax-deductible.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78

Before you give

FY2022 · Form 990-TIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990-T
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $2.9M a year · 100% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 3 voting members
Concern: none of 3 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.3M
-46% vs prior year
Spent
$0
Net assets
$12.8M
By yearFY2020–FY2025
Revenue
$2.3M
FY2022▼ -46%
Tap a bar for its year
Revenue by fiscal year
FY2020$4.8M
FY2021$4.3M
FY2022$2.3M
FY2023$1.9M
FY2024$1.7M
FY2025$2.4M
Expenses
$0
FY2022
Tap a bar for its year
Expenses by fiscal year
FY2020$0
FY2021$0
FY2022$0
FY2023$0
FY2024$0
FY2025$0
Net assets
$12.8M
FY2022▼ -17%
Tap a bar for its year
Net assets by fiscal year
FY2020$40.1M
FY2021$15.4M
FY2022$12.8M
FY2023$13.0M
FY2024$11.8M
FY2025$12.6M

From the FY2022 Form 990 (year ending June 2022) · figures checked against the IRS filing · see the original

990 PDF Claim
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Oct 2004.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

5 people listed on the 990-T.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
VP, Treasurer & Director
$0Pt VII · Sec A
President & Director
$0Pt VII · Sec A
Secretary & Director
$0Pt VII · Sec A
Former President & Director
$0Pt VII · Sec A
Former VP, Treasurer & Director
$0Pt VII · Sec A
See 3c Corporation executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Holds and manages specific investment assets to support the financial endowment of Yale University.

Questions for 3c Corporation

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Provided by the organization

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

By the numbers

The FY2022 990-T, line by line.

1The main four
Money in
$2.3M
Investment income$2.3M
Money out
$0
Owns and owes
$12.8M
net assets
Total assets$12.8M
Liabilities$0
People
5
listed
Paid0
Voting board3
Independent0
2In more detail
Revenue in detail
Investment income$2.3M
Total revenue$2.3M
Assets in detailEnd of year
Total assets$12.8M
Liabilities$0
Net assets$12.8M
Operations
Employees0
Volunteers0
Fiscal year endsJune
Conflict-of-interest policyYes
Whistleblower policyYes
Records policyYes

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $2.4M$0$2.4M$12.6M 990 PDF
FY2024 $1.7M$0$1.7M$11.8M 990 PDF
FY2023 $1.9M$0$1.9M$13.0M 990 PDF
FY2022 Viewing $2.3M$0$2.3M$12.8M 990 PDF
FY2021 $4.3M$0$4.3M$15.4M 990 PDF
FY2020 $4.8M$0$4.8M$40.1M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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