Chicopee Savings Bank Charitable
Chicopee Savings Bank Charitable Foundation is a corporate foundation based in Chicopee, Massachusetts, established in 2007. The foundation operates as a 501(c)(3) organization dedicated to philanthropic giving across multiple focus areas and geographic regions.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5.0M
-7.0% YoY
Annual Giving
$178K
-37.3% YoY
Grant Count
1
-97.2% YoY
Avg Grant Size
$178K
+2155.9% YoY
Mission & Focus Areas
The foundation supports diverse community initiatives with a focus on:
- Children and youth
- Adolescents
- Economically disadvantaged and low-income individuals
- Arts and culture
- Education and higher education
- Health
- Community and economic development
- Housing development
- Human services
- Youth services
Grantmaking
Grant Range
$8,000
Average Grant
$8,000
Ready to take the next step with Chicopee Savings Bank Charitable?
Geographic Focus
Where this funder awards grants
The foundation provides funding across multiple U.S. states, including:
- Connecticut
- Florida
- Iowa
- Illinois
- Massachusetts
- New Hampshire
- New York
- Pennsylvania
The foundation supports both major cities (Boston, New York, Washington, D.C.) and smaller communities.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets:
- $5,048,080 (2024)
- $5,425,637 (as of another reporting period)
Annual Activity:
- Total revenues: $1,121,714 (2024)
- Total expenses: $233,679 (2024)
- Investment income and dividends: $164,611 (2024)
Revenue Sources:
- Investment income and dividends
- Net gains from sale of non-inventory assets
- Miscellaneous revenues
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $5,048,080 | $5,425,637 | $7,105,288 |
| Revenue | $1,121,714 | $750,152 | $959,804 |
| Expenses | $233,679 | $408,239 | $469,825 |
| Qualifying Distributions | $211,856 | $369,268 | $442,190 |
| Net Investment Income | $1,916,978 | $1,281,677 | $1,557,368 |
| Distributable Amount | $208,893 | $245,195 | $329,341 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
149 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation operates with a volunteer leadership team:
- Guida R. Sajdak — President/Chairperson
- Meghan Hibner — Treasurer
- Theresa C. Szlosek — Secretary/Director
- Gregg F. Orlen — Director
- Michael Sobon — Director
- William J. Giokas — Director
- James C. Hagan — Director
- Gary Fitzgerald — Director
All leadership members serve on a voluntary basis without compensation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Meghan Hibner | Treasurer | 1 | — |
| GREGG F ORLEN | DIRECTOR | 1 | — |
| THERESA C SZLOSEK | Secretary/DIRECTOR | 1 | — |
| MICHAEL SOBON | DIRECTOR | 1 | — |
| GUIDA R SAJDAK | President/chairperson | 1 | — |
| WILLIAM J GIOKAS | DIRECTOR | 1 | — |
| JAMES C HAGAN | DIRECTOR | 1 | — |
| Gary Fitzgerald | Director | 1 | — |
Recent News & Activity
Recent developments and announcements
The foundation has announced major grants to community organizations, including:
Dedham Savings Community Foundation Awards Grant To Charles River CenterA significant grant to the Irish Cultural Center of Western New England (announced June 2018, in partnership with Westfield Bank)
Dedham Savings Community Foundation Awards Grant To Charles River CenterAn endowed scholarship at Western New England University (2017)
Safety education grants to the Chicopee Fire Department
Chicopee Fire Department receives safety education grantsSubject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
Charles J Tasker Memorial Scholarship Fund
HANOVER, MA
Assets
$98K
Grants
1
Total Given
$8K
Marshall M & Barbara J Sloane Pvt Found
CHESTNUT HILL, MA
Assets
$1.2M
Grants
11
Total Given
$75K
John J Mcardle Iii & Joan C Mcardle
ANDOVER, MA
Assets
$1.8M
Grants
13
Total Given
$205K
Massachusetts Association of Realtors
FOXBOROUGH, MA
Assets
$18.1M
Grants
2
Total Given
$71K
Communities for Restorative Justice
BOSTON, MA
Assets
$524K
Grants
1
Total Given
$61K
Hingham Historical Society Inc
HINGHAM, MA
Assets
$7.4M
Grants
1
Total Given
$10K
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Chicopee Savings Bank Charitable on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities