//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Dime Bank Foundation Inc. is a private corporation based in NORWICH, CT. The foundation received its IRS ruling in 1998. The principal officer is John Lund. It holds total assets of $6.7M. Annual income is reported at $477K. Total assets have grown from $3M in 2011 to $5.9M in 2023. The foundation is governed by 11 officers and trustees. The foundation operates in the area of education. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Connecticut. According to available records, Dime Bank Foundation Inc. has made 197 grants totaling $759K, with a median grant of $3K. Annual giving has grown from $216K in 2020 to $260K in 2023. Grantmaking activity was highest in 2022 with $279K distributed across 72 grants. Individual grants have ranged from $994 to $25K, with an average award of $4K. The foundation has supported 148 unique organizations. The foundation primarily supports organizations in Connecticut, Rhode Island, Pennsylvania, which account for 96% of all grants. Grantmaking reaches organizations across 8 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$3K
Average Grant
$3K
Largest Grant
$12K
Based on 64 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.
Dime Bank Foundation Inc. primarily funds organizations in the area of education. Based on available records, the foundation has funded 197 grants. Its grantmaking reaches organizations primarily in CT, RI, PA.
Dime Bank Foundation Inc. has distributed a total of $759K across 197 grants. The median grant size is $3K, with an average of $4K. Individual grants have ranged from $994 to $25K.
The application deadline is SEE APPLICATION DEADLINE ON OUR WEBSITE. Geographic area served by the dime bank.
Dime Bank Foundation Inc. is headquartered in NORWICH, CT. While based in CT, the foundation distributes grants to organizations across 8 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Nicholas Caplanson | PRESIDENT/DIRECTOR | $0 | $0 | N/A |
| David Stanland | VP/TREASURER | $0 | $0 | N/A |
| Cheryl Calderado | VICE PRESIDENT | $0 | $0 | N/A |
| Deirdre Sullivan | SECRETARY | $0 | $0 | N/A |
| Atty Linda L Mariani | DIRECTOR | $0 | $0 | N/A |
| Dr Mark E Tramontozzi | DIRECTOR | $0 | $0 | N/A |
| Lee-Ann Gomes | DIRECTOR | $0 | $0 | N/A |
| Steven L Bokoff | DIRECTOR | $0 | $0 | N/A |
| Peter Maneri | DIRECTOR | $0 | $0 | N/A |
| Bonnie Stewart | DIRECTOR | $0 | $0 | N/A |
| Paul Maxfield | DIRECTOR | $0 | $0 | N/A |
Total Giving
$291K
Total Assets
$5.9M
Fair Market Value
$5.9M
Net Worth
$5.9M
Grants Paid
$287K
Contributions
$2K
Net Investment Income
$214K
Distribution Amount
$270K
Total: $5.1M
Total Grants
197
Total Giving
$759K
Average Grant
$4K
Median Grant
$3K
Unique Recipients
148
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Chrysalis CenterEXEMPT PURPOSE | Hartford, CT | $6K | 2023 |
| Steps IncEXEMPT PURPOSE | Groton, CT | $3K | 2023 |
| Operation FuelEXEMPT PURPOSE | Hartford, CT | $25K | 2023 |
| Hockanum Valley Community CouncilEXEMPT PURPOSE | Vernon, CT | $10K | 2023 |
| Operation WarmEXEMPT PURPOSE | Philadelphia, PA | $9K | 2023 |
| The Furniture Bank Of Southeastern Ct IncEXEMPT PURPOSE | Gales Ferry, CT | $8K | 2023 |
| St Vincent De Paul Place Norwich IncEXEMPT PURPOSE | Norwich, CT | $8K | 2023 |
| New London Community Meal CenterEXEMPT PURPOSE | New London, CT | $7K | 2023 |
| New London Area Food PantryEXEMPT PURPOSE | New London, CT | $6K | 2023 |
| New London Youth AffairsEXEMPT PURPOSE | New London, CT | $6K | 2023 |
| New London Homeless Hospitality CenterEXEMPT PURPOSE | New London, CT | $6K | 2023 |
| Martin House IncEXEMPT PURPOSE | Norwich, CT | $6K | 2023 |
| The Salvation Army NorwichEXEMPT PURPOSE | Norwich, CT | $6K | 2023 |
| Westerly Area Meals CenterEXEMPT PURPOSE | Westerly, RI | $5K | 2023 |
| Westerly Education CenterEXEMPT PURPOSE | Westerly, RI | $5K | 2023 |
| Connecticut College Child Development Lab SchoolEXEMPT PURPOSE | New London, CT | $5K | 2023 |
| Connecticut Food ShareEXEMPT PURPOSE | Wallingford, CT | $5K | 2023 |
| Eastern Ct Workforce Investment Board IncEXEMPT PURPOSE | Franklin, CT | $5K | 2023 |
| Frank Olean Center IncEXEMPT PURPOSE | Westerly, RI | $5K | 2023 |
| Miracle League Of Northern Connecticut IncEXEMPT PURPOSE | Vernon, CT | $5K | 2023 |
| Rebuilding Together Of ManchesterEXEMPT PURPOSE | Manchester, CT | $5K | 2023 |
| Thames River Community Service IncEXEMPT PURPOSE | Norwich, CT | $5K | 2023 |
| Third Secter New England Inc Dba Fresh New LondonEXEMPT PURPOSE | New London, CT | $5K | 2023 |
| United Way Of Se CtEXEMPT PURPOSE | Gales Ferry, CT | $5K | 2023 |
| Jonnycake Center Of WesterlyEXEMPT PURPOSE | Westerly, RI | $5K | 2023 |
| Gentle Love Diaper PantryEXEMPT PURPOSE | Manchester, CT | $5K | 2023 |
| St Jude CommonEXEMPT PURPOSE | Norwich, CT | $4K | 2023 |
| Safe FuturesEXEMPT PURPOSE | New London, CT | $4K | 2023 |
| United Cerebral Palsy Association Of Eastern CtEXEMPT PURPOSE | Quaker Hill, CT | $4K | 2023 |
| Higher EdgeEXEMPT PURPOSE | New London, CT | $4K | 2023 |
| Hispanic Alliance Of Se CtEXEMPT PURPOSE | New London, CT | $4K | 2023 |
| Thames Valley Council For Community Action Inc TvccaEXEMPT PURPOSE | Jewett City, CT | $4K | 2023 |
| East Lyme Giving GardenEXEMPT PURPOSE | East Lyme, CT | $4K | 2023 |
| Riverfront Children'S CenterEXEMPT PURPOSE | Groton, CT | $4K | 2023 |
| Ocean Community YmcaEXEMPT PURPOSE | Westerly, RI | $3K | 2023 |
| Southern Rhode Island VolunteersEXEMPT PURPOSE | Charlestown, RI | $3K | 2023 |
| Covenant To Care For ChildrenEXEMPT PURPOSE | Hartford, CT | $3K | 2023 |
| United Community & Family ServicesEXEMPT PURPOSE | Norwich, CT | $3K | 2023 |
| Covenant Shelter Of New LondonEXEMPT PURPOSE | New London, CT | $3K | 2023 |
| New London County Historical SocietyEXEMPT PURPOSE | New London, CT | $3K | 2023 |
| Yellow Farmhouse Education CenterEXEMPT PURPOSE | Stonington, CT | $3K | 2023 |
| Special Olympics ConnecticutEXEMPT PURPOSE | Hamden, CT | $3K | 2023 |
| Sails Up 4 CancerEXEMPT PURPOSE | Mystic, CT | $3K | 2023 |
| Shoreline Soup Kitchens & Pantries IncEXEMPT PURPOSE | Essex, CT | $3K | 2023 |
| Girls On The RunEXEMPT PURPOSE | Waterford, CT | $3K | 2023 |
| Wood River HealthEXEMPT PURPOSE | Hope Valley, RI | $2K | 2023 |
| Community Health ResourcesEXEMPT PURPOSE | Windsor, CT | $2K | 2023 |
| Connecticut Radio Information System (Cris)EXEMPT PURPOSE | Windsor, CT | $2K | 2023 |
| Eastern Ct Symphony OrchestraEXEMPT PURPOSE | New London, CT | $2K | 2023 |