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Torrington Savings Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2020. The principal officer is Foundation Source. It holds total assets of $1.2M. Annual income is reported at $389K. Total assets have decreased from $1.9M in 2019 to $1.3M in 2023. The foundation is governed by 6 officers and trustees. The foundation operates in the area of arts & culture. Tax records are available from 2020 to 2023. Grantmaking is concentrated in Connecticut. According to available records, Torrington Savings Foundation has made 95 grants totaling $756K, with a median grant of $5K. The foundation has distributed between $192K and $350K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $350K distributed across 36 grants. Individual grants have ranged from $1K to $50K, with an average award of $8K. The foundation has supported 57 unique organizations. Grants have been distributed to organizations in Connecticut and New York. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$6K
Average Grant
$10K
Largest Grant
$50K
Based on 18 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.
Torrington Savings Foundation primarily funds organizations in the area of arts & culture. Based on available records, the foundation has funded 95 grants. Its grantmaking reaches organizations primarily in CT, NY.
Torrington Savings Foundation has distributed a total of $756K across 95 grants. The median grant size is $5K, with an average of $8K. Individual grants have ranged from $1K to $50K.
The application deadline is April 29th and October 29th. Animals causes, annual appeals, beauty contests, capital requests or campaigns, endowments, fundraising activities, general operating support, individuals, operating deficits, payment on bank loans, political labor, Private foundations or trusts, Private schools colleges and prep schools, public school district and individual schools, religious organizations. Scholarship programs, team sponsorships, trips and tours. An application form is available on the foundation's website.
Torrington Savings Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Edwin G Booth Jr | Dir, Pres | $0 | $0 | N/A |
| Diane V Libby | Dir, Treas | $0 | $0 | N/A |
| Aaron Mambrino | Dir, VP, Sec | $0 | $0 | N/A |
| Tina Milanesi | Dir, VP | $0 | $0 | N/A |
| Steven M Temkin | VP | $0 | $0 | N/A |
| Lesa Vanotti | Dir, VP | $0 | $0 | N/A |
Total Giving
$245K
Total Assets
$1.3M
Fair Market Value
$1.7M
Net Worth
$1.3M
Grants Paid
$214K
Contributions
$250
Net Investment Income
$84K
Distribution Amount
$86K
Total: $1.2M
Total Grants
95
Total Giving
$756K
Average Grant
$8K
Median Grant
$5K
Unique Recipients
57
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Torrington LibraryRegister Citizen Digitization Project | Torrington, CT | $25K | 2023 |
| Prime Time House IncFinancial Empowerment & Mental Wellness | Torrington, CT | $20K | 2023 |
| Kidsplay Childrens Museum IncBirth to Graduation Early Literacy Program (B2G) | Torrington, CT | $16K | 2023 |
| After School Arts Program IncASAP! Programs for Torrington Students | Washington Dt, CT | $15K | 2023 |
| Rebuilding Together In Litchfield County ConnecticRebuilding FY 2023 | Bantam, CT | $13K | 2023 |
| Northwestern Connecticut Young Mens Christian AssoRising Star Camp's Leaders-In-Training Program Youth Stipends | Torrington, CT | $12K | 2023 |
| Susan B Anthony Project IncOutreach and Prevention Education Program | Torrington, CT | $10K | 2023 |
| Robert C Geer Memorial Hospital IncGo Geer | Canaan, CT | $10K | 2023 |
| Shepard Meadows Equestrian Center IncEquine-Assisted Services | Bristol, CT | $10K | 2023 |
| Torrington Historical Society IncorporatedArchitectural, engineering studies and cost estimates for History Education Center | Torrington, CT | $10K | 2023 |
| EdadvanceBusiness Education Series for Local Childcare Providers | Litchfield, CT | $9K | 2023 |
| Bristol Boys & Girls Club Association IncCareers for Cambridge: Building Sustainable Pathways to Success | Bristol, CT | $9K | 2023 |
| Torrington Area Families For Autism IncAutism Agriculture Science Summer Program | Torrington, CT | $8K | 2023 |
| Northwest Connecticut Association For The Arts IncWarner Camp | Torrington, CT | $8K | 2023 |
| Junior Achievement Of Southwest New EnglandJA Project Tomorrows for Bristol Students | Hartford, CT | $7K | 2023 |
| Summit Adaptive Sports IncSummit Adventures Program | New Hartford, CT | $6K | 2023 |
| Salisbury Housing Committee IncEast Railroad Street pre-development funding | Salisbury, CT | $5K | 2023 |
| Goshen Housing Trust IncAffordable Housing Recreation Space Project | Goshen, CT | $4K | 2023 |
| Bristol Symphony Orchestra IncNutmeg Symphony Orchestra Educational Children's Concerts | Bristol, CT | $4K | 2023 |
| New Britain Museum Of American Art IncAccess to Arts: Torrington | New Britain, CT | $3K | 2023 |
| Family Center IncorporatedFamily Literacy Night | Bristol, CT | $2K | 2023 |
| Helping Hands Chore Service IncMedical Transportation for Seniors and Workforce Retention-Hazard Pay for Caregivers | Winsted, CT | $1K | 2023 |
| The Arc Of Litchfield County IncAfter-School Program for High School Students | Torrington, CT | $20K | 2022 |
| Center Congregational Churchto purchase Camping Equipment Trailer | Torrington, CT | $19K | 2022 |
| Shepard Meadows Therapeutic Riding Center IncAfter School Program, Equine-Assisted Learning Scholarship fund | Bristol, CT | $8K | 2022 |
| Equus EffectThe Equus Effect fund | Sharon, CT | $8K | 2022 |
| Canaan Child Care Center IncLanguage Program | Canaan, CT | $7K | 2022 |
| Girls With Impact IncAdvancing Girls Entrepreneurs program | Greenwich, CT | $6K | 2022 |
| American Mural Project IncCHAMPS After-School Arts Enrichment Program | Winsted, CT | $4K | 2022 |