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Sbm Charitable Foundation Inc. is a private corporation based in MANCHESTER, CT. The foundation received its IRS ruling in 2001. The principal officer is Doreen Downham. It holds total assets of $38M. Annual income is reported at $3.1M. The foundation is governed by 16 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Connecticut. According to available records, Sbm Charitable Foundation Inc. has made 404 grants totaling $6.4M, with a median grant of $5K. Annual giving has grown from $1.2M in 2020 to $1.6M in 2023. Grantmaking activity was highest in 2022 with $3.5M distributed across 204 grants. Individual grants have ranged from $100 to $155K, with an average award of $16K. The foundation has supported 200 unique organizations. The foundation primarily supports organizations in Connecticut, Illinois, New York, which account for 99% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$100
Median Grant
$4K
Average Grant
$12K
Largest Grant
$125K
Based on 102 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.
Sbm Charitable Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 404 grants. Its grantmaking reaches organizations primarily in CT, IL, NY.
Sbm Charitable Foundation Inc. has distributed a total of $6.4M across 404 grants. The median grant size is $5K, with an average of $16K. Individual grants have ranged from $100 to $155K.
The application deadline is SCHOLARSHIP APPLICATION - JANUARY - MARCH FOR THE FOLLOWING FALL SEMESTER; GRANTS APPS - YEAR ROUND. Grants and scholarships limited to the geographical areas indicated on the web site.
Sbm Charitable Foundation Inc. is headquartered in MANCHESTER, CT. While based in CT, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Doreen Downham | EX DIR/SECRE | $130K | $26K | $156K |
| Charles L Pike | VICE PRESIDE | $0 | $0 | N/A |
| Laurence P Rubinow | CHAIRMAN | $0 | $0 | N/A |
| Richard P Meduski | PRESIDENT | $0 | $0 | N/A |
| Douglas K Anderson | VICE PRESIDE | $0 | $0 | N/A |
| Brian A Orenstein | TREASURER | $0 | $0 | N/A |
| Mary C Devanney | TRUSTEE | $0 | $0 | N/A |
| Sheila B Flanagan | TRUSTEE | $0 | $0 | N/A |
| Harry S Gaucher | TRUSTEE | $0 | $0 | N/A |
| Michael J Hartl | TRUSTEE | $0 | $0 | N/A |
| Susan M Keating | TRUSTEE | $0 | $0 | N/A |
| Linda S Klein | TRUSTEE | $0 | $0 | N/A |
| John D Labelle Jr | TRUSTEE | $0 | $0 | N/A |
| Eric A Marziali | TRUSTEE | $0 | $0 | N/A |
| Jon L Norris | TRUSTEE | $0 | $0 | N/A |
| Gregory S Wolff | TRUSTEE | $0 | $0 | N/A |
Total Giving
$2.1M
Total Assets
$35.5M
Fair Market Value
$35.4M
Net Worth
$35.4M
Grants Paid
$1.6M
Contributions
$500
Net Investment Income
$1.3M
Distribution Amount
$1.7M
Total: N/A
Total Grants
404
Total Giving
$6.4M
Average Grant
$16K
Median Grant
$5K
Unique Recipients
200
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of HartfordSCHOLARSHIP | West Hartford, CT | $17K | 2023 |
| Children'S MuseumSUPPORT | West Hartford, CT | $14K | 2023 |
| Hartford HospitalSUPPORT | Hartford, CT | $10K | 2023 |
| University Of ConnecticutSCHOLARSHIP | Storrs, CT | $104K | 2023 |
| Rebuilding Together - ManchesterSUPPORT | Manchester, CT | $90K | 2023 |
| Uconn - Goal Linehusky ReachSUPPORT | Storrs, CT | $89K | 2023 |
| Malta House Of Care FoundationSUPPORT | Hartford, CT | $86K | 2023 |
| Connecticut Science CenterSUPPORT | Hartford, CT | $80K | 2023 |
| Hockanum Valley Community CouncilSUPPORT | Vernon, CT | $61K | 2023 |
| Eastern Connecticut State UniversitSCHOLARSHIPS | Williamantic, CT | $53K | 2023 |
| Open Hearth Association IncSUPPORT | Hartford, CT | $50K | 2023 |
| Saint Francis FoundationSUPPORT | Hartford, CT | $50K | 2023 |
| Horizons Inc (Camp Horizons)SUPPORT | South Windham, CT | $50K | 2023 |
| Connecticut Audubon SocietySUPPORT | Willimantic, CT | $45K | 2023 |
| Hartford Stage CompanySUPPORT | Hartford, CT | $43K | 2023 |
| Boy Scouts Of America Connecticut RSUPPORT | East Hartford, CT | $42K | 2023 |
| Ymca Of Greater HartfordSUPPORT | Hartford, CT | $40K | 2023 |
| Manchester Area Conference Of ChurcSUPPORT | Manchester, CT | $40K | 2023 |
| Hill-Stead MuseumSUPPORT | Farmington, CT | $31K | 2023 |
| Generations Family Health Center ISUPPORT | Willimantic, CT | $30K | 2023 |
| Manchester Community College FoundaSUPPORT | Manchester, CT | $30K | 2023 |
| Saint Francis Hospital And MedicalSUPPORT | Hartford, CT | $27K | 2023 |
| Connecticut Foodshare (FkafoodshSUPPORT | Hamden, CT | $25K | 2023 |
| Children'S Law Center Of ConnecticuSUPPORT | Hartford, CT | $25K | 2023 |
| Sea Research Foundation IncSUPPORT | Mystic, CT | $25K | 2023 |
| Goodspeed MusicalsSUPPORT | Meriden, CT | $22K | 2023 |
| Central Connecticut State UniversitSCHOLARSHIPS | New Britain, CT | $18K | 2023 |
| Town Of ManchesterSUPPORT | Manchester, CT | $17K | 2023 |
| My Sisters Place IncSUPPORT | Hartford, CT | $17K | 2023 |
| Hartford'S Camp CourantSUPPORT | Farmington, CT | $15K | 2023 |
| Girl Scouts Of ConnecticutSUPPORT | Hartford, CT | $12K | 2023 |
| New Britain Museum Of American ArtSUPPORT | New Britain, CT | $11K | 2023 |
| Junior Achievement Of Southwest NewSUPPORT | Hartford, CT | $10K | 2023 |
| Jewish Federation Of Greater HartfoSUPPORT | West Hartford, CT | $10K | 2023 |
| Connecticut Storytelling CenterSUPPORT | Hartford, CT | $10K | 2023 |
| Covenant Soup KitchenSUPPORT | Willimantic, CT | $10K | 2023 |
| Midwest Foodbank Of New EnglandSUPPORT | Manchester, CT | $10K | 2023 |
| Hands On HartfordSUPPORT | Hartford, CT | $10K | 2023 |
| New England Air MuseumSUPPORT | Windsor Locks, CT | $9K | 2023 |
| Mercy Housing & ShelterSUPPORT | Hartford, CT | $9K | 2023 |
| Southern Connecticut State UniversiSCHOLARSHIP | New Haven, CT | $8K | 2023 |
| Kidsafe CtSUPPORT | Rockville, CT | $7K | 2023 |
| University Of New HavenSCHOLARSHIP | West Haven, CT | $7K | 2023 |
| Quinnipiac UniversitySCHOLARSHIP | Hamden, CT | $6K | 2023 |
| Gentle Love Diaper PantrySUPPORT | South Windsor, CT | $6K | 2023 |
| University Of Saint JosephSCHOLARSHIP | West Hartford, CT | $6K | 2023 |
| Connecticut Council For PhilanthropSUPPORT | Hartford, CT | $6K | 2023 |
| American Red Cross Connecticut ChapSUPPORT | Greenwich, CT | $5K | 2023 |