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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.