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Filing year 2024

Webster Bank Charitable Foundation

Wilmington, Delaware·EIN 32-0103899·NTEE T21 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$2.4M
Total assets
$5M
Total expenses
$4.5M
Reported officers
10

Reported officers (all unpaid)

No paid executives reported in 2024. Webster Bank Charitable Foundation reported 10 unpaid officers and board members on its 990-PF.

Dir
Dir
Dir
Dir, Treas
Dir
Dir, Treas
Dir, Sec
Dir
Executive Vp, Dir
Chairman, Dir, Pres

Grants paid

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

Total granted

$4.5M

Itemized grants

302

Median grant

$5k

RecipientLocationPurposeAmount
THE UNITED WAY OF GREATER WATERBURY INCWATERBURY, CTGeneral & Unrestricted$347k
BANANA KELLY COMMUNITY IMPROVEMENT ASSOCIATION INCBRONX, NYBronx Financial Access Coalition$200k
CAREER RESOURCES INCBRIDGEPORT, CTThe Bridge on Main$150k
WOMENS BUSINESS DEVELOPMENT COUNCIL INCSTAMFORD, CTIgnite Grant Program$150k
ASSOCIATES FOR HUMAN SERVICES INCTAUNTON, MAthe Finance Lab$100k
BOYS AND GIRLS CLUBS OF DORCHESTER INCDORCHESTER, MAWebster/Boys & Girls Clubs of Dorchester Finance Lab$100k
BOYS AND GIRLS CLUBS OF PROVIDENCEPROVIDENCE, RIthe Mobile Finance Lab$100k
HISPANIC COALITION OF GREATER WATERBURY INCWATERBURY, CTthe Finance Lab$100k
NATIONAL COMMUNITY REINVESTMENT COALITION INCWASHINGTON, DCThe 2024 Just Economy Conference & the Housing Counseling Equity Fund$100k
SCO FAMILY OF SERVICESGARDEN CITY, NYWebster/SCO Finance Lab - payment 1$100k
THE STAMFORD PARTNERSHIP INCORPORATEDSTAMFORD, CTStamford Tech Talent Pipeline$100k
YWCA HARTFORD REGION INCHARTFORD, CTFinance Lab and financial literacy programming$100k
THE EAGLE ACADEMY FOUNDATION INCNEW YORK, NYthe Finance Lab$75k
WAKEMAN MEMORIAL ASSOCIATION INCBRIDGEPORT, CTWebster/Wakeman Finance Lab$75k
YONKERS PARTNERS IN EDUCATION INCYONKERS, NYWebster/YPIE Finance Lab$75k
WOMENS BUSINESS DEVELOPMENT COUNCIL INCSTAMFORD, CTpayment 2 of 5: Waterbury Training Center$60k
AMERICAN NATIONAL RED CROSSFARMINGTON, CTDisaster Cycle Services in Connecticut and Rhode Island$50k
JUNIOR ACHIEVEMENT OF NEW YORKNEW YORK, NYprogram support for JA Finance Park and JA Inspire$50k
LEVITICUS 25-23 ALTERNATIVE FUND INCTARRYTOWN, NYAffordable Housing & Community Development Lending Program$50k
LOCAL INITIATIVES SUPPORT CORPORATIONBOSTON, MAthe Neighborhood Development Fund$50k
LOCAL INITIATIVES SUPPORT CORPORATIONBOSTON, MAAffordable Housing Development$50k
LOCAL INITIATIVES SUPPORT CORPORATIONNEW YORK, NYthe Developers Training Program$50k
LOCAL INITIATIVES SUPPORT CORPORATIONBOSTON, MAGeneral & Unrestricted$50k
THE UNITED WAY OF GREATER WATERBURY INCWATERBURY, CTAPRIL CORPORATE SPONSORSHIP$50k
JUNIOR ACHIEVEMENT OF SOUTHWEST NEW ENGLANDHARTFORD, CTJA Pathways to Careers program support$40k
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Financial trend

Revenue and expenses over time

Webster Bank Charitable Foundation reported revenue and expenses across 2 filing years.

RevenueExpenses
$521k
$4M
2023
$2.4M
$4.5M
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 Delaware

Webster Bank Charitable Foundation reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Delaware earns a median of $18,000.

25th percentile
$6k
Median
$18,000
75th percentile
$58k
90th percentile
$137k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 447 organizations across 447 filings (2022 – 2024).

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

Common questions about Webster Bank Charitable Foundation

What are Webster Bank Charitable Foundation's revenue and expenses?

In 2024, Webster Bank Charitable Foundation reported $2.4M 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 ($1M - $10M), because foundation pay scales with assets under management, not revenue.