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Also known as: FOUNDATION
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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 is governed by 8 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2020 to 2023. Grantmaking is concentrated in Massachusetts. 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.
Smallest Grant
$600
Median Grant
$3K
Average Grant
$8K
Largest Grant
$23K
Based on 31 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
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 |
|---|---|---|---|---|
| Gary Fitzgerald | DIRECTOR | $0 | $0 | N/A |
| Meghan Hibner | TREASURER | $0 | $0 | N/A |
| Gregg F Orlen | DIRECTOR | $0 | $0 | N/A |
| Theresa C Szlosek | SECRETARY/DIRECTOR | $0 | $0 | N/A |
| Michael Sobon | DIRECTOR | $0 | $0 | N/A |
| Guida R Sajdak | PRESIDENT/CHAIRPERSON | $0 | $0 | N/A |
| William J Giokas | DIRECTOR | $0 | $0 | N/A |
| James C Hagan | DIRECTOR | $0 | $0 | N/A |
Total Giving
$408K
Total Assets
$5.4M
Fair Market Value
$5.4M
Net Worth
$5M
Grants Paid
$284K
Contributions
N/A
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 |
|---|---|---|---|
| Hcc FoundationEXEMPT PURPOSE | Tampa, FL | $10K | 2022 |
| Our Lady Of The Elms CollegeEXEMPT PURPOSE | Chicopee, MA | $40K | 2023 |
| Boys & Girls Club Of Greater WestfieldEXEMPT PURPOSE | Westfield, MA | $20K | 2023 |
| Educare SpringfieldEXEMPT PURPOSE | Springfield, MA | $20K | 2023 |
| Springfield Library FoundationEXEMPT PURPOSE | East Longmeadow, MA | $20K | 2023 |
| Multicultural Community Services Of PvEXEMPT PURPOSE | Springfield, MA | $20K | 2023 |
| Friends Of The Chicopee Senior CenterEXEMPT PURPOSE | Chicopee, MA | $12K | 2023 |
| The Food Bank Of Western Mass IncEXEMPT PURPOSE | Chicopee, MA | $10K | 2023 |
| Girls Inc Of The ValleyEXEMPT PURPOSE | Holyoke, MA | $10K | 2023 |
| Holyoke Community College FoundationEXEMPT PURPOSE | Holyoke, MA | $10K | 2023 |
| Way Finders IncEXEMPT PURPOSE | Springfield, MA | $10K | 2023 |
| Ludlow Community CenterEXEMPT PURPOSE | Ludlow, MA | $10K | 2023 |
| Springfield Operations (Dba Educare Springfield)EXEMPT PURPOSE | Chicopee, MA | $10K | 2023 |
| Mercy Medical CenterEXEMPT PURPOSE | Cedar Rapids, IA | $10K | 2023 |
| Ronald Mcdonald HouseEXEMPT PURPOSE | New Haven, CT | $5K | 2023 |
| Dress For Success Of Western MassEXEMPT PURPOSE | Springfield, MA | $5K | 2023 |
| Mental Health AssociationEXEMPT PURPOSE | Springfield, MA | $5K | 2023 |
| Junior Achievement Of Western MassEXEMPT PURPOSE | Springfield, MA | $5K | 2023 |
| Lorraine'S Soup KitchenEXEMPT PURPOSE | Chicopee, MA | $5K | 2023 |
| Ymca Of Greater SpringfieldEXEMPT PURPOSE | Springfield, MA | $5K | 2023 |
| Sunshine Village IncEXEMPT PURPOSE | Chicopee, MA | $5K | 2023 |
| Willie Ross School For The DeafEXEMPT PURPOSE | Longmeadow, MA | $5K | 2023 |
| RocaEXEMPT PURPOSE | Chelsea, MA | $5K | 2023 |
| Carnegie Mellon University Moira Doolittle AndrewSCHOLARSHIP | Pittsburgh, PA | $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 |
| Western New England University Nolan ChamberlandSCHOLARSHIP | Springfield, MA | $3K | 2023 |
| Westfield State University Zuhal ShinwariSCHOLARSHIP | Westfield, MA | $3K | 2023 |
| Worcester State University Sydney EmondSCHOLARSHIP | Worcester, MA | $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 |