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Filing year 2023

NEWTOWN SAVINGS BANK FOUNDATION INC

Newtown, Connecticut·EIN 06-1514980·NTEE T21 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$590k
Total assets
$7.1M
Total expenses
$288k
Reported officers
12

Reported officers (all unpaid)

No paid executives reported in 2023. NEWTOWN SAVINGS BANK FOUNDATION INC reported 12 unpaid officers and board members on its 990-PF.

President/director
Secretary
SVP - CFO
Director
Director
Director
Director
Director
Director
Director
Director
Director

Grants paid

Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.

Total granted

$231k

Itemized grants

73

Median grant

$2k

RecipientLocationPurposeAmount
TEAM INCDERBY, CTEXEMPT PURPOSE$17k
BUILDING NEIGHBORHOODS TOGETHERBRIDGEPORT, CTEXEMPT PURPOSE$15k
YMCACHICAGO, ILEXEMPT PURPOSE$12k
HOUSATONIC HABITAT FOR HUMANITYDANBURY, CTEXEMPT PURPOSE$11k
LIFEBRIDGE COMMUNITY SERVICESBRIDGEPORT, CTEXEMPT PURPOSE$10k
SANDY HOOK ORGANIZATION FOR PROSPERITYSANDY HOOK, CTEXEMPT PURPOSE$8k
JERICHO PARTNERSHIPDANBURY, CTEXEMPT PURPOSE$6k
BOY SCOUTS - CONNECTICUT YANKEE COUNCILMILFORD, CTEXEMPT PURPOSE$5k
CATHOLIC CHARITIES OF FAIRFIELD COUNTYBRIDGEPORT, CTEXEMPT PURPOSE$5k
CONNECTICUT INSTITUTE FOR COMMUNITIESDANBURY, CTEXEMPT PURPOSE$5k
HORIZONS AT SACRED HEART UNIVERSITYFAIRFIELD, CTEXEMPT PURPOSE$5k
NEWTOWN SCHOLARSHIP ASSOCIATIONNEWTOWN, CTEXEMPT PURPOSE$5k
THE CENTER FOR EMPOWERMENT AND EDUCATIONDANBURY, CTEXEMPT PURPOSE$5k
THOMAS MERTON CENTERBRIDGEPORT, CTEXEMPT PURPOSE$5k
WCSU FOUNDATIONDANBURY, CTEXEMPT PURPOSE$5k
WOMEN'S BUSINESS DEVELOPMENT COUNCIL INCSTAMFORD, CTEXEMPT PURPOSE$5k
HOMES FOR THE BRAVEBRIDGEPORT, CTEXEMPT PURPOSE$5k
DANBURY YOUTH SERVICESDANBURY, CTEXEMPT PURPOSE$4k
FOUNDATION FOR EXCELLENCE IN BRIDGEPORT PUBLIC SCHOOLSBRIDGEPORT, CTEXEMPT PURPOSE$4k
HABITAT FOR HUMANITY OF COASTAL FAIRFIELD COUNTYBRIDGEPORT, CTEXEMPT PURPOSE$4k
SEYMOUROXFORD FOOD BANKSEYMOUR, CTEXEMPT PURPOSE$4k
BRIDGEPORT RESCUE MISSIONBRIDGEPORT, CTEXEMPT PURPOSE$3k
COMMUNITY ECONOMIC DEVELOPMENT FUNDMERIDEN, CTEXEMPT PURPOSE$3k
EASTON VOLUNTEER EMERGENCY MEDICAL SERVICESEASTON, CTEXEMPT PURPOSE$3k
HORIZONS OF NOTRE DAMEFAIRFIELD, CTEXEMPT PURPOSE$3k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

NEWTOWN SAVINGS BANK FOUNDATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.1M
$227k
2022
$590k
$288k
2023
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Connecticut

NEWTOWN SAVINGS BANK FOUNDATION INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Connecticut earns a median of $31,500.

25th percentile
$8k
Median
$31,500
75th percentile
$95k
90th percentile
$218k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 377 organizations across 377 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Connecticut
FAQ

Common questions about NEWTOWN SAVINGS BANK FOUNDATION INC

What are NEWTOWN SAVINGS BANK FOUNDATION INC's revenue and expenses?

In 2023, NEWTOWN SAVINGS BANK FOUNDATION INC reported $590k in total revenue and $288k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.