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Also known as: FOUNDATION
Chicopee Savings Bank Charitable Foundation is a private corporation based in CHICOPEE, MA. The foundation received its IRS ruling in 2007. The principal officer is % Meghan Hibner. It holds total assets of $5M. Annual income is reported at $1.9M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Chicopee Savings Bank Charitable Foundation has made 117 grants totaling $1.1M, with a median grant of $5K. Annual giving has decreased from $449K in 2021 to $284K in 2023. Individual grants have ranged from $350 to $91K, with an average award of $9K. The foundation has supported 88 unique organizations. The foundation primarily supports organizations in Massachusetts, Connecticut, Iowa, which account for 89% of all grants. Grantmaking reaches organizations across 9 states. Contributions to this foundation are tax-deductible.
Chicopee Savings Bank Charitable Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 117 grants. Its grantmaking reaches organizations primarily in MA, CT, IA.
Chicopee Savings Bank Charitable Foundation has distributed a total of $1.1M across 117 grants. The median grant size is $5K, with an average of $9K. Individual grants have ranged from $350 to $91K.
The application deadline is SEE APPLICATION. TO ORGANIZATIONS EXEMPT UNDER SECTION 503(C)(3) AND SECTION 170 OF THE INTERNAL REVENUE CODE THAT FURTHER COMMUNITY DEVELOPMENT AND CONTRIBUTE TO THE QUALITY OF LIFE IN THE COMMUNITITES IN WHICH LEGACY CHICOPEE SAVINGS BANK, CHICOPEE MASSACHUSETTS, MAINTAINED A BANKING OFFICE AS WELL AS IN THE COMMUNITIES IMMEDIATELY ADJACENT TO THE COMMUNITIES IN WHICH LEGACY CHICOPEE SAVINGS BANK MAINTAINED A BANKING OFFICE.
Chicopee Savings Bank Charitable Foundation is headquartered in CHICOPEE, MA. While based in MA, the foundation distributes grants to organizations across 9 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Meghan Hibner | TREASURER | $0 | $0 | $0 |
| Gregg F Orlen | DIRECTOR | $0 | $0 | $0 |
| Theresa C Szlosek | SECRETARY/DIRECTOR | $0 | $0 | $0 |
| Michael Sobon | DIRECTOR | $0 | $0 | $0 |
| Guida R Sajdak | PRESIDENT/CHAIRPERSON | $0 | $0 | $0 |
Total Giving
$408K
Total Assets
$5.4M
Fair Market Value
$5.4M
Net Worth
$5M
Grants Paid
$284K
Contributions
$0
Net Investment Income
$1.3M
Distribution Amount
$245K
Total: $5.4M
Total Grants
117
Total Giving
$1.1M
Average Grant
$9K
Median Grant
$5K
Unique Recipients
88
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| RocaEXEMPT PURPOSE | Chelsea, MA | $5K | 2023 |
| Hcc FoundationEXEMPT PURPOSE | Tampa, FL | $10K | 2022 |
| Our Lady Of The Elms CollegeEXEMPT PURPOSE | Chicopee, MA | $40K | 2023 |
| Educare SpringfieldEXEMPT PURPOSE | Springfield, MA | $20K | 2023 |
| Multicultural Community Services Of PvEXEMPT PURPOSE |
| William J Giokas |
| DIRECTOR |
| $0 |
| $0 |
| $0 |
| James C Hagan | DIRECTOR | $0 | $0 | $0 |
| Gary Fitzgerald | DIRECTOR | $0 | $0 | $0 |
| Springfield, MA |
| $20K |
| 2023 |
| Springfield Library FoundationEXEMPT PURPOSE | East Longmeadow, MA | $20K | 2023 |
| Boys & Girls Club Of Greater WestfieldEXEMPT PURPOSE | Westfield, MA | $20K | 2023 |
| Friends Of The Chicopee Senior CenterEXEMPT PURPOSE | Chicopee, MA | $12K | 2023 |
| Holyoke Community College FoundationEXEMPT PURPOSE | Holyoke, MA | $10K | 2023 |
| Ludlow Community CenterEXEMPT PURPOSE | Ludlow, MA | $10K | 2023 |
| Mercy Medical CenterEXEMPT PURPOSE | Cedar Rapids, IA | $10K | 2023 |
| The Food Bank Of Western Mass IncEXEMPT PURPOSE | Chicopee, MA | $10K | 2023 |
| Springfield Operations (Dba Educare Springfield)EXEMPT PURPOSE | Chicopee, MA | $10K | 2023 |
| Way Finders IncEXEMPT PURPOSE | Springfield, MA | $10K | 2023 |
| Girls Inc Of The ValleyEXEMPT PURPOSE | Holyoke, MA | $10K | 2023 |
| Ronald Mcdonald HouseEXEMPT PURPOSE | New Haven, CT | $5K | 2023 |
| Dress For Success Of Western MassEXEMPT PURPOSE | Springfield, MA | $5K | 2023 |
| Lorraine'S Soup KitchenEXEMPT PURPOSE | Chicopee, MA | $5K | 2023 |
| Sunshine Village IncEXEMPT PURPOSE | Chicopee, MA | $5K | 2023 |
| Mental Health AssociationEXEMPT PURPOSE | Springfield, MA | $5K | 2023 |
| Junior Achievement Of Western MassEXEMPT PURPOSE | Springfield, MA | $5K | 2023 |
| Willie Ross School For The DeafEXEMPT PURPOSE | Longmeadow, MA | $5K | 2023 |
| Ymca Of Greater SpringfieldEXEMPT PURPOSE | Springfield, MA | $5K | 2023 |
| Western New England University Nolan ChamberlandSCHOLARSHIP | Springfield, MA | $3K | 2023 |
| Southern New Hampshire University Jesamei GutierrezSCHOLARSHIP | Manchester, NH | $3K | 2023 |
| Syracuse University Sarah SzalaiSCHOLARSHIP | Syracuse, NY | $3K | 2023 |
| Umass Amherst Jaycalee SantosSCHOLARSHIP | Amherst, MA | $3K | 2023 |
| Umass Amherst Matthew MendezSCHOLARSHIP | Amherst, MA | $3K | 2023 |
| University Of New Haven Sophia PedroSCHOLARSHIP | West Haven, CT | $3K | 2023 |
| Villanova University Callie OrszulakSCHOLARSHIP | Villanova, PA | $3K | 2023 |
| Western New England University Alexis TorresSCHOLARSHIP | Springfield, MA | $3K | 2023 |
| Westfield State University Zuhal ShinwariSCHOLARSHIP | Westfield, MA | $3K | 2023 |
| Worcester State University Sydney EmondSCHOLARSHIP | Worcester, MA | $3K | 2023 |
| Carnegie Mellon University Moira Doolittle AndrewSCHOLARSHIP | Pittsburgh, PA | $3K | 2023 |
| The Gray House IncEXEMPT PURPOSE | Springfield, MA | $3K | 2023 |
| St Stanislaus SchoolEXEMPT PURPOSE | Chicopee, MA | $2K | 2023 |
| St John The Baptist SchoolEXEMPT PURPOSE | Ludlow, MA | $500 | 2023 |
| Jgs LifecareEXEMPT PURPOSE | Longmeadow, MA | $20K | 2022 |
| Chicopee Boys And Girls ClubEXEMPT PURPOSE | Chicopee, MA | $18K | 2022 |
| Naismith Memorial Basketball Hall Of FamEXEMPT PURPOSE | Springfield, MA | $15K | 2022 |
| Clarke Schools For Hearing & SpeechEXEMPT PURPOSE | Northampton, MA | $10K | 2022 |
| Western New England UniversityEXEMPT PURPOSE | Springfield, MA | $10K | 2022 |
| Baystate Health Foundation Rays Of HopeEXEMPT PURPOSE | Springfield, MA | $5K | 2022 |
| Revitalize CdcEXEMPT PURPOSE | Springfield, MA | $5K | 2022 |
| Double Edge TheatreEXEMPT PURPOSE | Ashfield, MA | $5K | 2022 |
| The Therapeutic Equestrian Center IncEXEMPT PURPOSE | Holyoke, MA | $5K | 2022 |
| University Of Massachusetts At DartmouthEXEMPT PURPOSE | Dartmouth, MA | $3K | 2022 |
| Lafayette CollegeEXEMPT PURPOSE | Easton, PA | $3K | 2022 |
| Williams CollegeEXEMPT PURPOSE | Williamstown, MA | $3K | 2022 |
| Westfield State UniversityEXEMPT PURPOSE | Westfield, MA | $3K | 2022 |
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