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Jewett City Savings Bank Foundation Inc. is a private corporation based in JEWETT CITY, CT. The foundation received its IRS ruling in 2003. The principal officer is Jonathan Roy. It holds total assets of $2.7M. Annual income is reported at $1.4M. Total assets have grown from $1M in 2011 to $2.5M in 2023. The foundation is governed by 12 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2020 to 2023. Grantmaking is concentrated in Connecticut. According to available records, Jewett City Savings Bank Foundation Inc. has made 253 grants totaling $393K, with a median grant of $1K. Annual giving has grown from $72K in 2020 to $103K in 2023. Grantmaking activity was highest in 2022 with $216K distributed across 122 grants. Individual grants have ranged from $250 to $10K, with an average award of $2K. The foundation has supported 92 unique organizations. The foundation primarily supports organizations in Connecticut, Rhode Island, Vermont, which account for 95% of all grants. Grantmaking reaches organizations across 8 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$1K
Average Grant
$1K
Largest Grant
$5K
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.
Jewett City Savings Bank Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 253 grants. Its grantmaking reaches organizations primarily in CT, RI, VT.
Jewett City Savings Bank Foundation Inc. has distributed a total of $393K across 253 grants. The median grant size is $1K, with an average of $2K. Individual grants have ranged from $250 to $10K.
The application deadline is APPLICATIONS ARE TO BE SUBMITTED BETWEEN JULY 1ST AND AUGUST 31ST. The jewett city savings foundation's financial grants and monetary gifts suport non-profit organizations whose work benefits the population of those communities in which the bank has a major presence.
Jewett City Savings Bank Foundation Inc. is headquartered in JEWETT CITY, CT. While based in CT, the foundation distributes grants to organizations across 8 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Philip E Tetreault | DIRECTOR | $0 | $0 | N/A |
| David T Panteleakos | DIRECTOR | $0 | $0 | N/A |
| Betsy Barrett | DIRECTOR | $0 | $0 | N/A |
| Robert James Thevenet | DIRECTOR | $0 | $0 | N/A |
| Gail Rooke-Norman | DIRECTOR | $0 | $0 | N/A |
| Diane L Manning | DIRECTOR | $0 | $0 | N/A |
| Matthew Desaulnier | DIRECTOR | $0 | $0 | N/A |
| Brian A Andstrom | DIRECTOR | $0 | $0 | N/A |
| Gary W Peloquin | CHAIRMAN/DIRECTOR | $0 | $0 | N/A |
| Michael Alberts | PRESIDENT/DIRECTOR | $0 | $0 | N/A |
| James A Mcdonald | TREASURER | $0 | $0 | N/A |
| Diana L Rose | SECRETARY | $0 | $0 | N/A |
Total Giving
$97K
Total Assets
$2.5M
Fair Market Value
$2.5M
Net Worth
$2.4M
Grants Paid
$96K
Contributions
$389K
Net Investment Income
$848K
Distribution Amount
$95K
Total: $525K
Total Grants
253
Total Giving
$393K
Average Grant
$2K
Median Grant
$1K
Unique Recipients
92
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Quinebaug Valley Community College FoundationEXEMPT PURPOSES | Danielson, CT | $10K | 2023 |
| Eastern Connecticut Perfroming Arts AssociationEXEMPT PURPOSES | Griswold, CT | $5K | 2023 |
| Project Pin Food PantryEXEMPT PURPOSES | Moosup, CT | $4K | 2023 |
| Friends Of Assisi Food PantryEXEMPT PURPOSES | Danielson, CT | $4K | 2023 |
| Interfaith Human Services Of PutnamEXEMPT PURPOSES | Putnam, CT | $3K | 2023 |
| Sterling Volunteer Fire Company IncEXEMPT PURPOSES | Sterling, CT | $3K | 2023 |
| Saint Mary Food PantryEXEMPT PURPOSES | East Hartford, CT | $3K | 2023 |
| Jonnycake Center Of WesterlyEXEMPT PURPOSES | Westerly, RI | $3K | 2023 |
| Mortlake Fire Co & Ambulance ServiceEXEMPT PURPOSES | Brooklyn, CT | $3K | 2023 |
| Thompson Ecumenical Empowerment Group (Teed)EXEMPT PURPOSES | North Grosvenordale, CT | $3K | 2023 |
| East Killingly Fire DepartmentEXEMPT PURPOSES | East Killingly, CT | $3K | 2023 |
| Danielson Fire DepartmentEXEMPT PURPOSES | Danielson, CT | $2K | 2023 |
| St James SchoolEXEMPT PURPOSES | Danielson, CT | $2K | 2023 |
| Northeast Placement ServicesEXEMPT PURPOSES | Woodstock, CT | $2K | 2023 |
| Thames Valley Council For Community Action (Tvcca)EXEMPT PURPOSES | Norwich, CT | $2K | 2023 |
| Oneco Fire CompanyEXEMPT PURPOSES | Oneco, CT | $2K | 2023 |
| Jewett City Fire DepartmentEXEMPT PURPOSES | Jewett City, CT | $2K | 2023 |
| Plainfield Police DepartmentEXEMPT PURPOSES | Plainfield, CT | $2K | 2023 |
| Preston Schools PtoEXEMPT PURPOSES | Preston, CT | $2K | 2023 |
| Quinebaug Valley Senior Citizens Center IncEXEMPT PURPOSES | Brooklyn, CT | $2K | 2023 |
| Griswold Historical SocietyEXEMPT PURPOSES | Jewett City, CT | $2K | 2023 |
| The Last Green ValleyEXEMPT PURPOSES | Danielson, CT | $2K | 2023 |
| Pawcatuck Neighborhood Center IncEXEMPT PURPOSES | Pawcatuck, CT | $2K | 2023 |
| Aspinock Historical SocietyEXEMPT PURPOSES | Putnam, CT | $2K | 2023 |
| Aldrich Free Public LibraryEXEMPT PURPOSES | Barre, VT | $2K | 2023 |
| Preston City Congregational ChurchEXEMPT PURPOSES | Preston, CT | $2K | 2023 |
| Hale Ymca Youth & Family CenterEXEMPT PURPOSES | Putnam, CT | $2K | 2023 |
| Griswold Senior CenterEXEMPT PURPOSES | Jewett City, CT | $2K | 2023 |
| Voluntown Volunteer Fire Company No 1 IncEXEMPT PURPOSES | Voluntown, CT | $1K | 2023 |
| Canterbury Volunteer Fire Dept & AmbulanceEXEMPT PURPOSES | Canterbury, CT | $1K | 2023 |
| Quiet Corner Veterans Support CoalitionEXEMPT PURPOSES | Dayville, CT | $1K | 2023 |
| Northeast Opportunities For Wellness IncEXEMPT PURPOSES | Putnam, CT | $1K | 2023 |
| Plainfield Fire Company No 1 IncEXEMPT PURPOSES | Plainfield, CT | $1K | 2023 |
| Slater LibraryEXEMPT PURPOSES | Jewett City, CT | $1K | 2023 |
| United Way Of Southeastern ConnecticutEXEMPT PURPOSES | Gales Ferry, CT | $1K | 2023 |
| Alzheimer'S AssociationEXEMPT PURPOSES | New York, NY | $1K | 2023 |
| Brooklyn Public Schoolstown Of BrooklynEXEMPT PURPOSES | Brooklyn, CT | $1K | 2023 |
| Opera New England Of Northeastern Connecticut Inc Dba Performing Arts Of NEXEMPT PURPOSES | Pomfret, CT | $1K | 2023 |
| Attawaugan Fire DepartmentEXEMPT PURPOSES | Dayville, CT | $1K | 2023 |
| Atwood Hose Fire CompanyEXEMPT PURPOSES | Wauregan, CT | $1K | 2023 |
| Day Kimball HospitalEXEMPT PURPOSES | Putnam, CT | $1K | 2023 |
| Dayville Fire CompanyEXEMPT PURPOSES | Dayville, CT | $1K | 2023 |
| Griswold PrideEXEMPT PURPOSES | Jewett City, CT | $1K | 2023 |
| Griswold Volunteer Fire DepartmentEXEMPT PURPOSES | Griswold, CT | $1K | 2023 |
| Killinglybrooklyn Ambulance CorpsEXEMPT PURPOSES | Danielson, CT | $1K | 2023 |
| Lisbon Volunteer Fire DeptEXEMPT PURPOSES | Woodbine, MD | $1K | 2023 |
| Moosup Fire DeptEXEMPT PURPOSES | Moosup, CT | $1K | 2023 |
| Veterans Coffee House Of Eastern CtEXEMPT PURPOSES | Storrs, CT | $1K | 2023 |
| Veterans Coffeehouse Of PlainfieldEXEMPT PURPOSES | Plainfield, CT | $1K | 2023 |