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Thomston Savings Bank Foundation Inc. is a private corporation based in THOMASTON, CT. The foundation received its IRS ruling in 1998. The principal officer is Thomaston Savings Bank. It holds total assets of $9.1M. Annual income is reported at $2.5M. Total assets have grown from $4.1M in 2011 to $9.2M 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, Thomston Savings Bank Foundation Inc. has made 453 grants totaling $1.4M, with a median grant of $3K. The foundation has distributed between $653K and $735K annually from 2020 to 2022. Individual grants have ranged from $250 to $30K, with an average award of $3K. The foundation has supported 246 unique organizations. Grants have been distributed to organizations in Connecticut and Florida. Contributions to this foundation are tax-deductible.
Smallest Grant
$250
Median Grant
$3K
Average Grant
$3K
Largest Grant
$30K
Based on 201 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.
Thomston Savings Bank Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 453 grants. Its grantmaking reaches organizations primarily in CT, FL.
Thomston Savings Bank Foundation Inc. has distributed a total of $1.4M across 453 grants. The median grant size is $3K, with an average of $3K. Individual grants have ranged from $250 to $30K.
The application deadline is June 30.
Thomston Savings Bank Foundation Inc. is headquartered in THOMASTON, CT. While based in CT, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Stephen Lewis | President & Trustee | $0 | $0 | N/A |
| Mark Divenere | Trustee | $0 | $0 | N/A |
| David Carlson | Trustee | $0 | $0 | N/A |
| James Nichol | Trustee | $0 | $0 | N/A |
| Rosemary Briglia | Secretary | $0 | $0 | N/A |
| Carrie Zimyeski | Chairman & Trustee | $0 | $0 | N/A |
| Thomas Parisot | Trustee | $0 | $0 | N/A |
| Susan Sadecki | Trustee | $0 | $0 | N/A |
| Rebekah Stokes | Treasurer | $0 | $0 | N/A |
| James Kaniewski | Trustee | $0 | $0 | N/A |
| Richard Bushka | Trustee | $0 | $0 | N/A |
| Mark D Malley | Trustee | $0 | $0 | N/A |
Total Giving
$814K
Total Assets
$9.2M
Fair Market Value
$9.2M
Net Worth
$9.2M
Grants Paid
$743K
Contributions
$56K
Net Investment Income
$412K
Distribution Amount
$429K
Total: N/A
Total Grants
453
Total Giving
$1.4M
Average Grant
$3K
Median Grant
$3K
Unique Recipients
246
Most Common Grant
$2K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| WellspringTo fund the purchase of (1) new SMART board and wall mounting hardware. | Bethlehem, CT | $6K | 2022 |
| Bristol Hospital FoundationTo provide funding for support of the Capital Campaign for Bristol Hospital's Emergency Center. | Bristol, CT | $30K | 2022 |
| Boys & Girls Club Of Greater Waterbury IncTo provide funding in support of the Club's after-school programming. | Waterbury, CT | $25K | 2022 |
| Boys & Girls Club Of BristolTo provide an annual sponsorship in support of Club programming and activities. | Bristol, CT | $20K | 2022 |
| St Marys Hospital Foundation IncTo provide the final installment for the Saint Mary's Hospital Together Effect Capital Campaign. | Waterbury, CT | $20K | 2022 |
| Landmark Community TheatreTo provide general support to the mission and operations of Landmark Community Theatre at the Thomaston Opera House. | Thomaston, CT | $15K | 2022 |
| The Arc Of Litchfield County IncTo provide funding for the outdoor space at LARC's new Autism Resource Center. | Torrington, CT | $8K | 2022 |
| Children'S Community SchoolTo provide support for the school with a Better Futures Society Sponsorship. | Waterbury, CT | $8K | 2022 |
| East Farmington Volunteer Fire Department IncTo fund the purchase of 2 AEDs and 2 LSCUs with carrying cases. | Farmington, CT | $6K | 2022 |
| Mattatuck MuseumTo assist in funding the extended school tour program for students from area public schools. | Waterbury, CT | $6K | 2022 |
| Literacy Volunteers Of Greater Waterbury IncTo assist in funding the Adult Literacy Program for 2022/2023, including salaries, materials and license renewals. | Waterbury, CT | $6K | 2022 |
| Greater Waterbury Interfaith Ministries IncTo assist in funding the purchase of food and supplies needed to continue GWIM's feeding program. | Waterbury, CT | $6K | 2022 |
| Hill-Stead MuseumTo support the Hill-Stead Museum's 75th Anniversary Gala with a Silver Sponsorship. | Farmington, CT | $5K | 2022 |
| Our Lady Of Mount Carmel SchoolTo fund the purchase and installation of new fencing, as well as the removal of the old fencing. | Waterbury, CT | $5K | 2022 |
| Zion Evangelical Lutheran ChurchTo fund the purchase of perishable and nonperishable food items for holiday meal kits as well as kitchen supplies for food handling. | Bristol, CT | $5K | 2022 |
| Harwinton Agricultural Society IncTo assist in funding the purchase (1) lawn mower. | Harwinton, CT | $5K | 2022 |
| Central Connecticut Chambers Of CommerceTo provide a Silver Sponsorship for Chamber events for the year 2022. | Bristol, CT | $5K | 2022 |
| Five Points Center For The Visual Arts IncTo provide funding for the second installment for sponsorship of the Lounge at the Five Points Arts Center on University Drive in Torrington. | Torrington, CT | $5K | 2022 |
| Neighborhood Housing Services Of WaterburyTo assist in funding the agency's Homeownership Education and Loss Prevention Program. | Waterbury, CT | $5K | 2022 |
| New Horizons IncTo assist in funding the purchase of a new wheelchair accessible vehicle. | Unionville, CT | $5K | 2022 |
| The Salvation ArmyTo assist in funding the CAM Academy program which aims to bring creative arts and brass music instruction to the underprivileged youth of Bristol, free of charge. | Bristol, CT | $5K | 2022 |
| Fishfriends In Service To Humanity Of Northwestern Ct IncTo provide funding in support of the organization's housing, feeding and social service programs which the shelter and pantry provides to those in need. | Torrington, CT | $5K | 2022 |
| Northwest Ct ChamberUnrestricted | Torrington, CT | $5K | 2022 |
| Middlebury Volunteer Fire DepartmentTo assist in funding the purchase of rescue equipment. | Middlebury, CT | $5K | 2022 |
| The Family CenterTo assist in supporting The Family Engagement Program for (1) year which will enable children of low-income families to join a variety of hands on and educational programs. | Bristol, CT | $5K | 2022 |
| United Way Of Greater Waterbury IncTo provide a Gold Level Corporate Sponsorship. | Waterbury, CT | $5K | 2022 |
| Terryville Fire DepartmentTo assist in funding the purchase of stabilization jacks. | Terryville, CT | $5K | 2022 |
| Thomaston Volunteer Fire DepartmentTo assist in funding the purchase of a set of battery powered extrication tools. | Thomaston, CT | $5K | 2022 |
| St Vincent Depaul Mission Of Waterbury IncTo assist in funding the support services provided by the shelter. | Waterbury, CT | $4K | 2022 |
| Harwinton Volunteer Fire Department IncTo assist in funding the purchase of Rapid Intervention Equipment including (2) AV3000 HT, (1) Scott RIT - Pak, (2) 60 minute carbon cylinders. | Harwinton, CT | $4K | 2022 |
| Litchfield Montessori SchoolTo fund the purchase and installation of a new phone system. | Northfield, CT | $4K | 2022 |
| Rivera Memorial Foundation IncTo assist in funding a seven week summer camp enrichment program. | Waterbury, CT | $4K | 2022 |
| Environmental Learning Centers Of ConnecticutTo assist in funding the purchase of 400 square feet of tulip bark to construct a wigwam. | Bristol, CT | $4K | 2022 |
| The Agape House IncTo assist in funding the purchase of new office computers and accompanying equipment. | Bristol, CT | $4K | 2022 |
| Safe Haven Of Greater Waterbury IncTo fund the costs associated with consolidating two outdated electrical panels into one 200 AMP system. | Waterbury, CT | $4K | 2022 |
| The Woodhall SchoolTo fund the purchase of (1) camera, hardware and software, intercom headsets and cabling for the installation of a streaming infrastructure for the school's theatre. | Bethlehem, CT | $4K | 2022 |
| Holy Cross High SchoolTo assist in funding the purchase of a scissor lift. | Waterbury, CT | $4K | 2022 |
| Waterbury Youth Services IncTo assist with funding the costs associated with the Linking Academics to Life after-school program. | Waterbury, CT | $4K | 2022 |
| Town Of HarwintonTo assist in funding supplies to stock the pantry. | Harwinton, CT | $4K | 2022 |
| West End AssociationTo provide a sponsorship for the 2022 Rockwell Park Summer Festival. | Bristol, CT | $4K | 2022 |
| Seth Thomas Park Revitalization CommitteeTo fund the purchase of (1) flag pole, up lighting, hardscape materials and plants. | Thomaston, CT | $4K | 2022 |
| City Of BristolTo assist in funding the costs associated with the summer youth athletics and activities at Cambridge Park, including uniforms, equipment, hydration, educational supplies, martial arts scholarships and gift cards. | Bristol, CT | $4K | 2022 |
| Watertown Area Association For Special CitizensTo fund social and educational activities for members with special needs. | Oakville, CT | $4K | 2022 |
| Region 5 Dive TeamTo fund the purchase of 9 Apeks regulators. | Middlebury, CT | $3K | 2022 |
| EdadvanceTo fund the costs associated with presenting two "Making the Move to Kindergarten" Fairs. | Litchfield, CT | $3K | 2022 |
| Bristol Recovery Club IncTo fund the purchase and delivery of a new freezer. | Bristol, CT | $3K | 2022 |