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Filing year 2024

Thomaston Savings Bank Foundation Inc

Thomaston, Connecticut·EIN 06-1483909·NTEE T20Z · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$761k
Total assets
$9.1M
Total expenses
$1.1M
Reported officers
12

Reported officers (all unpaid)

No paid executives reported in 2024. Thomaston Savings Bank Foundation Inc reported 12 unpaid officers and board members on its 990-PF.

Secretary
Treasurer
President & Trustee
Chairman & Trustee
Trustee
Trustee
Trustee
Trustee
Trustee
Trustee
Trustee
Trustee

Grants paid

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

Total granted

$1M

Itemized grants

352

Median grant

$2k

RecipientLocationPurposeAmount
Friends of the Thomaston Opera HouseThomaston, CTTo assist in funding the ongoing renovations to the Thomaston Opera House.$150k
Boys & Girls Club of BristolBristol, CTTo provide support for the Club's Great Futures Campaign.$30k
Environmental Learning Centers of ConnecticutBristol, CTTo assist in funding the Wallace Barnes Universally Accessible Nature Trail.$25k
Boys & Girls Club of Greater Waterbury IncWaterbury, CTTo assist in funding afterschool programs.$25k
Boys & Girls Club of New Britain IncNew Britain, CTTo provide funding to assist with the Club's afterschool programming.$20k
Landmark Community TheatreThomaston, CTTo provide annual support for the theatre.$15k
United Way of Greater Waterbury IncWaterbury, CTTo provide a Platinum Corporate Sponsorship.$15k
Landmark Community TheatreThomaston, CTTo provide annual support.$15k
Warner TheatreTorrington, CTTo make the final installment on the Foundation's commitment to the reimagine campaign.$13k
YWCA New Britain CTNew Britain, CTTo fund gym improvements including the purchase and installation of a new scoreboard, portable bleachers and benches.$10k
Main Street Community Foundation IncBristol, CTTo assist in funding the project for the 2024 Cocktails @ Eight beneficiary, BARC with their greenhouse renovation.$10k
Holy Cross High SchoolWaterbury, CTTo assist in funding the purchase and installation of (2) backboards.$8k
Mattatuck MuseumWaterbury, CTTo assist in funding the expansion of the school tour program to area students.$8k
The Palace TheaterWaterbury, CTTo provide annual support to the Theater.$8k
Children's Community SchoolWaterbury, CTTo provide annual support for the school.$8k
Friends of the Thomaston Opera HouseThomaston, CTTo fund the cost of professional riggers to install the house lighting truss and speaker arrays.$7k
Waterbury Regional ChamberWaterbury, CTTo provide the following 2024 sponsorships:$1,500 Malcom Baldrige$3,000 Annual Meeting$2,500 Mayoral Luncheon$7k
Plymouth Community Food PantryTerryville, CTTo assist in funding the purchase of milk, fresh eggs and healthy nonperishable food items to stock pantry shelves.$6k
Thomaston Volunteer Ambulance Corps IncThomaston, CTTo fund the purchase of (1) LUCAS device.$6k
Greater Waterbury Interfaith Ministries IncWaterbury, CTTo assist in funding the agency's feeding programs to help the area's food insecure population.$6k
Literacy Volunteers of Greater Waterbury IncWaterbury, CTTo assist in funding reading materials and licensing.$6k
United Way of Greater Waterbury IncWaterbury, CTTo assist in funding the purchase and installation of a new walk-in freezer$6k
FRIENDSHIP SERVICE CENTER IncNew Britain, CTTo assist in funding the purchase of food and supplies to provide to the agency's clients.$5k
City of BristolBristol, CTTo further assist in funding the purchase of full equipment and uniform items for cadets.$5k
Prudence Crandall Center IncNew Britain, CTTo assist in funding the counseling and housing services provided to victims of domestic violence in the Bristol area.$5k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

Thomaston Savings Bank Foundation Inc reported revenue and expenses across 2 filing years.

RevenueExpenses
$488k
$814k
2023
$761k
$1.1M
2024
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

Thomaston 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 Thomaston Savings Bank Foundation Inc

What are Thomaston Savings Bank Foundation Inc's revenue and expenses?

In 2024, Thomaston Savings Bank Foundation Inc reported $761k in total revenue and $1.1M 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.