Connecticut Bankers Foundation Inc
Connecticut Bankers Foundation Inc is a private foundation, based in Farmington, CT. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $430 in total assets.
Connecticut Bankers Foundation Inc at a glance
- Total assets
- $430
- +128.7% vs 2024
- Revenue (2025)
- $500
- Expenses (2025)
- $258
- +22.9% vs 2024
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Connecticut Bankers Foundation Inc funds
How this funder distributes its grants
Grant Size Distribution
2 grants across all recorded years
The most common grant size was under $50K: 2 grants of 2 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
How Connecticut Bankers Foundation Inc gives
- In 2023 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2023, annual grant giving ranged from $100 (2021) to $1K (2019). In 2023 it made 1 grant totaling $500.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Volunteer Florida Foundation Inc Tallahassee, FL | Florida Disaster Fund | $500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $430 | $500 | $258 | — | — | — | — | $14 |
| 2024 | $188 | — | $210 | — | — | — | — | $13 |
| 2023 | $398 | $1 | $1,216 | $500 | 1 | $1,060 | — | $28 |
| 2022 | $1,613 | $1,000 | $456 | — | — | $216 | — | $68 |
| 2021 | $1,069 | — | $678 | $100 | 1 | — | — | $58 |
| 2020 | $1,747 | $1 | $554 | — | — | — | — | $91 |
| 2019 | $2,300 | $1 | $2,000 | $1,250 | 2 | — | $1 | $125 |
Under IRS private-foundation payout rules, Connecticut Bankers Foundation Inc reported a distributable amount of $14 for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Connecticut Bankers Foundation Inc is led by Thomas S Mongellow, President, CEO, Treasurer & Director on every filing since 2019; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Thomas S Mongellow
President, CEO, Treasurer & Director
On filings since 2019
0.1 hrs/week
No compensation reported
Kimberly Tuttle
Second Senior Vice President & Director
On filings since 2019
0.1 hrs/week
No compensation reported
Arthur T Corey
First Senior Vice President, Secretary, Director & Counsel
On filings since 2020
0.1 hrs/week
No compensation reported
Former officers (2)
- Former: Colleen E Clancy (2019–2020) — First Senior Vice President, Secretary & Director
- Former: Lindsey R Pinkham (2019) — President, CEO & Director
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Connecticut Bankers Foundation Inc
How large is Connecticut Bankers Foundation Inc?
Connecticut Bankers Foundation Inc reported $430 in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $500.
Where does Connecticut Bankers Foundation Inc operate?
Connecticut Bankers Foundation Inc has awarded grants in Connecticut, Florida.
How much is Connecticut Bankers Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Connecticut Bankers Foundation Inc reported a distributable amount of $14 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Connecticut Bankers Foundation Inc's EIN?
Connecticut Bankers Foundation Inc's EIN (Employer Identification Number) is 27-0287954. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2024 (received by the IRS June 16, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS June 15, 2026)
- Added Form 990-PF for fiscal year 2019 (received by the IRS April 27, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS June 15, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS June 14, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS June 15, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS June 17, 2024)
Explore Open Grants
Browse active grant opportunities in Connecticut Bankers Foundation Inc's focus areas in our free grants database
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