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Webster Bank Charitable Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2004. The principal officer is Foundation Source. It holds total assets of $5M. Annual income is reported at $9.4M. Total assets have grown from $3.8M in 2011 to $5M in 2024. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2015 to 2024. Grantmaking is concentrated in New York. According to available records, Webster Bank Charitable Foundation has made 908 grants totaling $5M, with a median grant of $300. Individual grants have ranged from N/A to $150K, with an average award of $6K. The foundation has supported 425 unique organizations. The foundation primarily supports organizations in New York, Connecticut, Massachusetts, which account for 70% of all grants. Grantmaking reaches organizations across 33 states. Contributions to this foundation are tax-deductible.
Smallest Grant
N/A
Median Grant
$250
Average Grant
$4K
Largest Grant
$100K
Based on 357 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.
Webster Bank Charitable Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 908 grants. Its grantmaking reaches organizations primarily in NY, CT, MA.
Webster Bank Charitable Foundation has distributed a total of $5M across 908 grants. The median grant size is $300, with an average of $6K. Individual grants have ranged from N/A to $150K.
The application deadline is https://public.websteronline.com/about/corporate-responsibility/philan thropy. Https://fsrequests.com/sterling. An application form is available on the foundation's website.
Webster Bank Charitable Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 33 states.
Officer and trustee information is not yet available for this foundation. This data is typically reported in Part VIII of the 990-PF filing.
Total Giving
N/A
Total Assets
$5M
Fair Market Value
N/A
Net Worth
$5M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
908
Total Giving
$5M
Average Grant
$6K
Median Grant
$300
Unique Recipients
425
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| National Community Reinvestment Coalition IncNational Training Academy & the Housing Counseling Network | Washington, DC | $150K | 2022 |
| Womens Business Development Council IncEquity Match Grant Program support | Stamford, CT | $150K | 2022 |
| The Eagle Academy Foundation IncGeneral & Unrestricted | New York, NY | $101K | 2022 |
| Wakeman Memorial Association Incprogram support for CT's 1st Webster Finance Lab | Fairfield, CT | $100K | 2022 |
| Yonkers Partners In Education IncGeneral & Unrestricted | Yonkers, NY | $100K | 2022 |
| Junior Achievement Of New YorkGeneral & Unrestricted | New York, NY | $51K | 2022 |
| Local Initiatives Support Corporationprogram support - Developers of Color Training Program | New York, NY | $50K | 2022 |
| United Way Of Western Connecticut IncGeneral & Unrestricted | Danbury, CT | $40K | 2022 |
| Leviticus 25-23 Alternative Fund IncGeneral & Unrestricted | Tarrytown, NY | $35K | 2022 |
| Equal Justice InitiativeGeneral & Unrestricted | Montgomery, AL | $35K | 2022 |
| New York Mortgage Coalition IncAffordable Housing | New York, NY | $35K | 2022 |
| Junior Achievement Of Greater Boston IncGeneral & Unrestricted | Boston, MA | $30K | 2022 |
| Junior Achievement Of Southwest New EnglandGeneral & Unrestricted | Hartford, CT | $30K | 2022 |
| American National Red CrossGeneral & Unrestricted | Farmington, CT | $25K | 2022 |
| Long Island Housing Partnership IncGeneral & Unrestricted | Hauppauge, NY | $25K | 2022 |
| St Thomas Aquinas Collegethe Webster Bank Scholarship Fund for students of color, those from LMI households, and women entering STEM programs | Sparkill, NY | $25K | 2022 |
| Summer SearchGeneral & Unrestricted | Oakland, CA | $25K | 2022 |
| The United Way Of Greater Waterbury Incone-time end of year gap funding | Waterbury, CT | $25K | 2022 |
| Ferncliff Nursing Home Company Incprogram support and training | New York, NY | $25K | 2022 |
| Recenter Race & Equity In Education IncGeneral & Unrestricted | Hartford, CT | $25K | 2022 |
| Greyston Foundation Incprogram support for Digital Labs | Yonkers, NY | $25K | 2022 |
| Community Development Corporation Of Long Island Icontinued support of your Community Building & Engagement services | Centereach, NY | $25K | 2022 |
| Doe Fund IncGeneral & Unrestricted | New York, NY | $25K | 2022 |
| Association For Neighborhood & Housing DevelopmentANHD's Center for Community Leadership | New York, NY | $25K | 2022 |