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Filing year 2024

AMERICAN SAVINGS FOUNDATION INC

New Britain, Connecticut·EIN 30-0308972·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$5.2M
Total assets
$98.1M
Total expenses
$4.5M
Reported officers
17

Executive compensation

Form 990-PF · Part VIII · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Connecticut.

President and CEO
75th to 90th percentile
$254k
$274k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 16 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at AMERICAN SAVINGS FOUNDATION INC equaled 6% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
6%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$3.2M

Itemized grants

637

Median grant

$2k

RecipientLocationPurposeAmount
CITY OF NEW BRITAINNEW BRITAIN, CTPROGRAM GRANT - EXERCISE THE RIGHT CHOICE PROGRAM 2024-25$150k
PATHWAYSSENDEROS CENTERNEW BRITAIN, CTPROGRAM GRANT - 2024 SUMMER YOUTH EMPLOYMENT PROGRAM$141k
FRIENDSHIP SERVICE CENTERNEW BRITAIN, CTPROGRAM GRANT - HOPE CONNECTION CENTER 2024-25$80k
OPPORTUNITIES INDUSTRIALIZATION CENTER OF NEW BRITAINNEW BRITAIN, CTPROGRAM GRANT - MOVING MOUNTAINS-SULLIVAN ACADEMY 2024-25$75k
BOYS & GIRLS CLUB OF NEW BRITAINNEW BRITAIN, CTPROGRAM GRANT - G.A.A.S. 2024-2025$70k
CHILDREN'S LAW CENTER OF CONNECTICUTHARTFORD, CTPROGRAM GRANT - LEGAL REPRESENTATION PROGRAM 2024$70k
YWCA OF NEW BRITAINNEW BRITAIN, CTPROGRAM GRANT - STRIVE PROGRAM 2024-25$70k
SAFE HAVEN OF GREATER WATERBURYWATERBURY, CTCAPITAL GRANTS - PORCH IMPROVEMENTS$65k
HUMAN RESOURCES AGENCY OF NEW BRITAINNEW BRITAIN, CTPROGRAM GRANT - FOOD RESOURCE CENTER 2024-25$65k
CONNECTICUT FOODSHAREWALLINGFORD, CTPROGRAM GRANT - NEW BRITAIN FOOD DISTRIBUTION 2024-25$60k
PRUDENCE CRANDALL CENTERNEW BRITAIN, CTPROGRAM GRANT - EMERGENCY SHELTER & HOUSING PROGRAM 2024-2025$60k
THE MERIDEN-NEW BRITAIN-BERLIN YMCAMERIDEN, CTCAPITAL GRANTS - GYM RENOVATIONS - NB YMCA$59k
HUMAN RESOURCES AGENCY OF NEW BRITAINNEW BRITAIN, CTPROGRAM GRANT - ENERGY ASSISTANCE PROGRAM 2024-25$57k
GILEAD COMMUNITY SERVICESMIDDLETOWN, CTCAPITAL GRANTS - KITCHEN UPDATE$50k
CONSOLIDATED SCHOOL DISTRICT OF NEW BRITAINNEW BRITAIN, CTPROGRAM GRANT - SUMMER ENRICHMENT EXPERIENCE 2024$50k
HUMAN RESOURCES AGENCY OF NEW BRITAINNEW BRITAIN, CTPROGRAM GRANT - FINANCIAL LITERACY FOR YOUTH PROGRAM 2024-25$50k
BOYS & GIRLS CLUB OF GREATER WATERBURYWATERBURY, CTPROGRAM GRANT - TEEN PROGRAM 2024-25$45k
NEW BRITAIN MUSEUM OF AMERICAN ARTNEW BRITAIN, CTPROGRAM GRANT - ART EDUCATION AND OUTREACH PROGRAM 2024-25$43k
WATERBURY YOUTH SERVICESWATERBURY, CTPROGRAM GRANT - LINKING ACADEMICS TO LIFE 2024-25$42k
JUNIOR ACHIEVEMENT OF SOUTHWEST NEW ENGLANDHARTFORD, CTPROGRAM GRANT - ECONOMIC EMPOWERMENT 2024-25 - NEW BRITAIN$40k
YWCA OF NEW BRITAINNEW BRITAIN, CTPROGRAM GRANT - MIDDLE SCHOOL SUMMER PROGRAM 2024$40k
BOYS & GIRLS CLUB OF GREATER WATERBURYWATERBURY, CTCAPITAL GRANTS - CLUB IMPROVEMENTS$35k
MATTATUCK MUSEUMWATERBURY, CTPROGRAM GRANT - YOUTH & FAMILY PROGRAMS 2024-2025$35k
NEW BRITAIN ROOTSNEW BRITAIN, CTPROGRAM GRANT - ROOTS GARDEN CLUBS 2024-25$28k
NEW BRITAIN EMERGENCY MEDICAL SERVICESNEW BRITAIN, CTCAPITAL GRANTS - MEDICAL EQUIPMENT PURCHASE$25k
Compare this foundation's grantees

Up 8%
from 2023

From $236k in 2023 to $254k in 2024.

$236k
2023
$254k
2024
In today's dollarsEst.
Up 4% in real terms$263k to $274k

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 8% from 2023 to 2024, while revenue rose 195%.

$236k in 2023 to $254k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about AMERICAN SAVINGS FOUNDATION INC

What does the Chief Executive Officer of AMERICAN SAVINGS FOUNDATION INC earn?

In 2024, the Chief Executive Officer of AMERICAN SAVINGS FOUNDATION INC received $254,100 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in Connecticut, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at AMERICAN SAVINGS FOUNDATION INC compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Connecticut, the 2024 pay of the Chief Executive Officer at AMERICAN SAVINGS FOUNDATION INC falls between the 75th and 90th percentiles. In 2024, the highest total compensation at AMERICAN SAVINGS FOUNDATION INC equaled 6% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are AMERICAN SAVINGS FOUNDATION INC's revenue and expenses?

In 2024, AMERICAN SAVINGS FOUNDATION INC reported $5.2M in total revenue and $4.5M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), because foundation pay scales with assets under management, not revenue.