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Filing year 2024

SBM CHARITABLE FOUNDATION INC

Manchester, Connecticut·EIN 06-1574365·NTEE T22 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$2.6M
Total assets
$38M
Total expenses
$1.9M
Reported officers
16

Executive compensation

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

Ex Dir/secre
Unclassified
$176k
$190k

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 15 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 SBM CHARITABLE FOUNDATION INC equaled 9% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
9%
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

$1.5M

Itemized grants

83

Median grant

$8k

RecipientLocationPurposeAmount
UNIVERSITY OF CONNECTICUTSTORRS, CTSCHOLARSHIP$105k
REBUILDING TOGETHER - MANCHESTERMANCHESTER, CTSUPPORT$95k
MALTA HOUSE OF CARE FOUNDATIONHARTFORD, CTSUPPORT$85k
CONNECTICUT SCIENCE CENTERHARTFORD, CTSUPPORT$73k
UNIVERSITY OF CONNECTICUTSTORRS, CTSUPPORT$63k
HOCKANUM VALLEY COMMUNITY COUNCILVERNON, CTSUPPORT$61k
HARTFORD STAGE COMPANYHARTFORD, CTSUPPORT$53k
MANCHESTER AREA CONFERENCE OF CHURCMANCHESTER, CTSUPPORT$53k
HORIZONS INC (CAMP HORIZONS)SOUTH WINDHAM, CTSUPPORT$51k
EASTERN CONNECTICUT STATE UNIVERSITWILLIAMANTIC, CTSCHOLARSHIPS$48k
CONNECTICUT AUDUBON SOCIETYWILLIMANTIC, CTSUPPORT$47k
OPEN HEARTH ASSOCIATION INCHARTFORD, CTSUPPORT$45k
BOY SCOUTS OF AMERICA CONNECTICUT REAST HARTFORD, CTSUPPORT$42k
YMCA OF GREATER HARTFORDHARTFORD, CTSUPPORT$36k
HILL-STEAD MUSEUMFARMINGTON, CTSUPPORT$34k
CT STATE COMMUNITY COLLEGE MANCHESTER FOUNDATIONMANCHESTER, CTSUPPORT$30k
GENERATIONS FAMILY HEALTH CENTER IWILLIMANTIC, CTSUPPORT$30k
SAINT FRANCIS FOUNDATIONHARTFORD, CTSUPPORT$27k
CHILDREN'S LAW CENTER OF CONNECTICUHARTFORD, CTSUPPORT$26k
CONNECTICUT FOODSHARE (FKAFOODSHHAMDEN, CTSUPPORT$25k
SEA RESEARCH FOUNDATION INCMYSTIC, CTSUPPORT$25k
GOODSPEED MUSICALSMERIDEN, CTSUPPORT$23k
UNIVERSITY OF HARTFORDWEST HARTFORD, CTSCHOLARSHIP$22k
JUNIOR ACHIEVEMENT OF SOUTHERN NEWHARTFORD, CTSUPPORT$20k
CENTRAL CONNECTICUT STATE UNIVERSITNEW BRITAIN, CTSCHOLARSHIP$17k
Compare this foundation's grantees

Up 5%
from 2023

From $167k in 2023 to $176k in 2024.

$167k
2023
$176k
2024
In today's dollarsEst.
Up 2% in real terms$187k to $190k

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.

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 ($25M - $50M), 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 SBM CHARITABLE FOUNDATION INC

What are SBM CHARITABLE FOUNDATION INC's revenue and expenses?

In 2024, SBM CHARITABLE FOUNDATION INC reported $2.6M in total revenue and $1.9M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), because foundation pay scales with assets under management, not revenue.