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Also known as: C/O NEWTOWN SAVINGS BANK
Newtown Savings Bank Foundation Inc. is a private corporation based in NEWTOWN, CT. The foundation received its IRS ruling in 2000. The principal officer is % John J Martocci. It holds total assets of $7.1M. Annual income is reported at $1.1M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Newtown Savings Bank Foundation Inc. has made 275 grants totaling $846K, with a median grant of $2K. Annual giving has grown from $142K in 2020 to $200K in 2023. Grantmaking activity was highest in 2022 with $504K distributed across 146 grants. Individual grants have ranged from $500 to $20K, with an average award of $3K. The foundation has supported 113 unique organizations. Grant recipients are concentrated in Connecticut. Contributions to this foundation are tax-deductible.
Newtown Savings Bank Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 275 grants. Its grantmaking reaches organizations primarily in CT.
Newtown Savings Bank Foundation Inc. has distributed a total of $846K across 275 grants. The median grant size is $2K, with an average of $3K. Individual grants have ranged from $500 to $20K.
Newtown Savings Bank Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals. GRANTS ARE LIMITED TO APPLICANTS IN THE NEWTOWN AND SURROUNDING AREA AND COMMUNITIES WITH NEWTOWN SAVINGS BANK BRANCHES.
Newtown Savings Bank Foundation Inc. is headquartered in NEWTOWN, CT.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Brian C White | DIRECTOR | $0 | $0 | $0 |
| Kenneth L Weinstein | PRESIDENT/DIRECTOR | $0 | $0 | $0 |
| William J Mccarthy | SVP | $0 | $0 | $0 |
| Julia Douglas | SECRETARY | $0 | $0 | $0 |
| Carrie L Amos | DIRECTOR | $0 | $0 | $0 |
Total Giving
$227K
Total Assets
$5.4M
Fair Market Value
$5.4M
Net Worth
$5.4M
Grants Paid
$200K
Contributions
$1M
Net Investment Income
$138K
Distribution Amount
$250K
Total: $2.6M
Total Grants
275
Total Giving
$846K
Average Grant
$3K
Median Grant
$2K
Unique Recipients
113
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Building Neighborhoods TogetherEXEMPT PURPOSE | Bridgeport, CT | $15K | 2023 |
| Lifebridge Community ServicesEXEMPT PURPOSE | Bridgeport, CT | $10K | 2023 |
| United Way Of Western ConnecticutEXEMPT PURPOSE | Danbury, CT | $8K | 2023 |
| The Center For Empowerment And EducationEXEMPT PURPOSE | Danbury, CT | $8K | 2023 |
| Sandy Hook Organization For ProsperityEXEMPT PURPOSE | Sandy Hook, CT | $8K | 2023 |
| William A Brimmer Jr |
| DIRECTOR |
| $0 |
| $0 |
| $0 |
| Alan J Clavette | DIRECTOR | $0 | $0 | $0 |
| James A Kennedy | DIRECTOR | $0 | $0 | $0 |
| Carol L Mahoney | DIRECTOR | $0 | $0 | $0 |
| James T Morley Jr | DIRECTOR | $0 | $0 | $0 |
| John F Trentacosta | DIRECTOR | $0 | $0 | $0 |
| Laureen A Trotto | DIRECTOR | $0 | $0 | $0 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| Catholic Charities Of Fairfield CountyEXEMPT PURPOSE | Bridgeport, CT | $5K | 2023 |
| Thomas Merton CenterEXEMPT PURPOSE | Bridgeport, CT | $5K | 2023 |
| Team IncEXEMPT PURPOSE | Derby, CT | $5K | 2023 |
| Horizons Of Notre DameEXEMPT PURPOSE | Fairfield, CT | $5K | 2023 |
| Women'S Business Development Council IncEXEMPT PURPOSE | Stamford, CT | $5K | 2023 |
| Wcsu FoundationEXEMPT PURPOSE | Danbury, CT | $5K | 2023 |
| Connecticut Institute For CommunitiesEXEMPT PURPOSE | Danbury, CT | $5K | 2023 |
| Newtown Scholarship AssociationEXEMPT PURPOSE | Newtown, CT | $5K | 2023 |
| Foundation For Excellence In Bridgeport Public SchoolsEXEMPT PURPOSE | Bridgeport, CT | $5K | 2023 |
| Habitat For Humanity Of Coastal Fairfield CountyEXEMPT PURPOSE | Bridgeport, CT | $4K | 2023 |
| Bridgeport Rescue MissionEXEMPT PURPOSE | Bridgeport, CT | $4K | 2023 |
| Danbury Youth ServicesEXEMPT PURPOSE | Danbury, CT | $3K | 2023 |
| Valley United WayEXEMPT PURPOSE | Shelton, CT | $3K | 2023 |
| Housatonic Habitat For HumanityEXEMPT PURPOSE | Danbury, CT | $3K | 2023 |
| The Kennedy CenterEXEMPT PURPOSE | Trumbull, CT | $3K | 2023 |
| Horizons At Sacred Heart UniversityEXEMPT PURPOSE | Fairfield, CT | $2K | 2023 |
| Connecticut Housing PartnersEXEMPT PURPOSE | Trumbull, CT | $2K | 2023 |
| Score Western CtEXEMPT PURPOSE | Danbury, CT | $2K | 2023 |
| TbicoEXEMPT PURPOSE | Danbury, CT | $2K | 2023 |
| Brookfield Social ServicesEXEMPT PURPOSE | Brookfield, CT | $2K | 2023 |
| Immaculate High SchoolEXEMPT PURPOSE | Danbury, CT | $2K | 2023 |
| Newtown Community CenterEXEMPT PURPOSE | Newtown, CT | $2K | 2023 |
| Seymouroxford Food BankEXEMPT PURPOSE | Seymour, CT | $2K | 2023 |
| Daily Bread Food PantryEXEMPT PURPOSE | Danbury, CT | $2K | 2023 |
| Dorothy Day Hospitality HouseEXEMPT PURPOSE | Danbury, CT | $2K | 2023 |
| Town Of Monroe Social ServicesEXEMPT PURPOSE | Monroe, CT | $2K | 2023 |
| Neighborhood Housing Services Of New HavenEXEMPT PURPOSE | New Haven, CT | $2K | 2023 |
| Trumbull Department Of Social ServicesEXEMPT PURPOSE | Trumbull, CT | $2K | 2023 |
| Southbury Food BankEXEMPT PURPOSE | Southbury, CT | $2K | 2023 |
| Bedrock Credit AmericaEXEMPT PURPOSE | Southbury, CT | $2K | 2023 |
| United Way Of Greater New HavenEXEMPT PURPOSE | New Haven, CT | $2K | 2023 |
| Mercy Learning CenterEXEMPT PURPOSE | Bridgeport, CT | $2K | 2023 |
| Housatonic Community College FoundationEXEMPT PURPOSE | Bridgeport, CT | $2K | 2023 |
| Faith Food Pantry Of Newtown IncEXEMPT PURPOSE | Newtown, CT | $2K | 2023 |
| Real Food CtEXEMPT PURPOSE | Newtown, CT | $2K | 2023 |
| Foundations In Education IncEXEMPT PURPOSE | Bridgeport, CT | $2K | 2023 |
| Amos HouseEXEMPT PURPOSE | Danbury, CT | $2K | 2023 |
| Renewal HouseEXEMPT PURPOSE | Danbury, CT | $2K | 2023 |
| The Community Action Agency Of Western CtEXEMPT PURPOSE | Danbury, CT | $2K | 2023 |
| Homes For The BraveEXEMPT PURPOSE | Bridgeport, CT | $2K | 2023 |
| Regional Ymca Of Western CtEXEMPT PURPOSE | Danbury, CT | $2K | 2023 |
| Sacred Heart University'S Discovery Science CenterEXEMPT PURPOSE | Bridgeport, CT | $2K | 2023 |
| Danbury High SchoolEXEMPT PURPOSE | Danbury, CT | $2K | 2023 |
| Danbury VitaEXEMPT PURPOSE | Danbury, CT | $2K | 2023 |
| Spooner HouseEXEMPT PURPOSE | Shelton, CT | $2K | 2023 |
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