Jewett City Savings Bank Foundation Inc
Jewett City Savings Bank Foundation Inc is a private foundation based in Jewett City, Connecticut. Its 2025 filing states that its financial grants and monetary gifts support nonprofit organizations whose work benefits people in communities where the bank has a major presence.
Jewett City Savings Bank Foundation Inc at a glance
In short: Jewett City Savings Bank Foundation Inc gave $141K across 71 grants in 2025 (avg $2K), mostly in Connecticut. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $140,922
- +27.2% vs 2024
- Grants made (2025)
- 71
- +7000.0% vs 2024
- Average grant
- $1,985
- -98.2% vs 2024
- Median grant
- $1,500
- Total assets
- $3,007,759
- +12.2% vs 2024
- Primary geography
- Connecticut (96% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
How to apply to Jewett City Savings Bank Foundation Inc
- How to Apply
-
The filing says an application is available on the foundation’s website. Applications are to be submitted between July 1 and August 31. The foundation states that grants support nonprofit organizations whose work benefits people in communities where the bank has a major presence.
- Review Cycle
- Applications are to be submitted between July 1 and August 31.
- Deadline
- Applications are to be submitted between July 1 and August 31.
- Next open deadline
- August 31, 2027 (Jewett City Savings Bank Foundation Grant)
- Contact
Application contact: Michael Alberts President
Mailing address: 111 Main Street, Jewett City, CT 06351
Phone: (860) 376-4444
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Open Grants
1 open opportunity from Jewett City Savings Bank Foundation Inc
Who Jewett City Savings Bank Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Woodstock Agricultural Society Inc ($10K). Together the top 10 received $47K.
Grant Size Distribution
260 grants across all recorded years
The most common grant size was under $50K: 259 grants of 260 (100%).
Geographic Focus
Where this funder awards grants
The foundation states that its grants support work benefiting communities where the bank has a major presence. In 2025, 96% of grant dollars went to recipients in Connecticut, 2% to Rhode Island, and 2% to Vermont.
Grant Distribution by State
Share of 2025 grant dollars across all 71 itemized grants.
Cities
How Jewett City Savings Bank Foundation Inc gives
- Giving grew 30% from 2022 to 2025. Method
- In 2025 it paid out 106% of 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 2020 to 2025, annual grant giving ranged from $70K (2021) to $141K (2025). In 2025 it made 71 grants totaling $141K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Woodstock Agricultural Society Inc Woodstock, CT | Exempt Purposes | $10,000 |
| Central Village Fire Company Plainfield, CT | Exempt Purposes | $5,700 |
| Aa Young Jr Hose and Ladder CO Jewett City, CT | Exempt Purposes | $5,250 |
| Eastern Connecticut Performing Arts Association Griswold, CT | Exempt Purposes | $5,000 |
| Moosup Fire Department Moosup, CT | Exempt Purposes | $4,000 |
| Oneco Fire Company Oneco, CT | Exempt Purposes | $4,000 |
| Sterling Volunteer Fire Department Sterling, CT | Exempt Purposes | $4,000 |
| Dayville Fire Department Dayville, CT | Exempt Purposes | $3,500 |
| Atwood Hose Fire Company Wauregan, CT | Exempt Purposes | $3,030 |
| Northeast Connecticut Education Foundation Danielson, CT | Exempt Purposes | $3,000 |
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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 | $3,007,759 | $399,205 | $137,177 | $140,922 | 71 | $141,427 | $240,917 | $133,737 |
| 2024 | $2,679,866 | $292,860 | $137,508 | $110,808 | 1 | $110,898 | $247,107 | $121,532 |
| 2023 | $2,455,899 | $576,463 | $97,246 | $103,411 | 64 | $104,196 | $847,832 | $95,141 |
| 2022 | $1,966,890 | $40,234 | $117,623 | $108,795 | 60 | $108,118 | $40,234 | $100,965 |
| 2021 | $2,180,647 | $604,574 | $69,325 | $70,050 | 64 | $70,180 | $93,457 | $83,726 |
| 2020 | $1,468,110 | $26,291 | $68,140 | $71,550 | 67 | — | $26,291 | $70,343 |
Under IRS private-foundation payout rules, Jewett City Savings Bank Foundation Inc reported a distributable amount of $134K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s stated mission is to reinforce, encourage, and support the bank’s ongoing commitment to the well-being of the communities it serves, and to allocate resources for the advantage of the community at large.
Its 2025 grantees illustrate the range of organizations it supports. Woodstock Agricultural Society says it educates and promotes agriculture through exhibitions and demonstrations. St. Vincent de Paul Place says it provides meals, food pantry services, and hospitality to people in the Greater Norwich and Eastern Connecticut areas. Madonna Place says it strengthens families to prevent child abuse and neglect through education, advocacy, and community collaboration. EASTCONN says it works to help learners achieve academic and personal excellence.
Grantmaking
In filing year 2025, the foundation reported 71 grants totaling $140,922. Grant amounts ranged from $500 to $10,000, with a median of $1,500. Notable awards included $10,000 to Woodstock Agricultural Society, $5,700 to Central Village Fire Company, $5,250 to AA Young Jr Hose and Ladder Co, and $5,000 to Eastern Connecticut Performing Arts Association. St. Mary Food Pantry and St. Vincent de Paul Place each received $3,000.
The foundation’s grant program listing gives an award range of $0–$5,000. The 2025 filing, however, reports several grants above $5,000, including the $10,000 award to Woodstock Agricultural Society.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Michael Alberts as president and director; Diane L. Manning as chairman and director; Diana L. Rose as secretary; and Brian A. Andstrom, Robert James Thevenet, Graeme Everson, Betsy Barrett, Matthew Desaulnier, Louis Demicco III, and Beth Steele as directors.
Jewett City Savings Bank Foundation Inc is led by Michael Alberts, President & Director on every filing since 2021; none of the 11 officers listed in 2025 report compensation.
Officers on the 2025 filing
Michael Alberts
President & Director
On filings since 2021
1 hr/week
No compensation reported
Diane L. Manning
Chairman & Director
Director → Chairman & Director, 2024
On filings since 2020
1 hr/week
No compensation reported
Brian A. Andstrom
Director
On filings since 2020
1 hr/week
No compensation reported
Louis Demicco III
Director
Chairman & Director → Director, 2024
On filings since 2020
1 hr/week
No compensation reported
Robert James Thevenet
Director
On filings since 2020
1 hr/week
No compensation reported
Betsy Barrett
Director
On filings since 2022
1 hr/week
No compensation reported
Matthew Desaulnier
Director
On filings since 2022
1 hr/week
No compensation reported
Graeme Everson
Director
On filings since 2023
1 hr/week
No compensation reported
Beth Steele
Director
On filings since 2024
1 hr/week
No compensation reported
Diana L. Rose
Secretary
On filings since 2020
1 hr/week
No compensation reported
Jonathan Roy
Treasurer
On filings since 2024
1 hr/week
No compensation reported
Former officers (6)
- Former: David T. Panteleakos (2020–2024) — Director
- Former: Gail Rooke-Norman (2020–2024) — Director
- Former: Gary W. Peloquin (2020–2024) — Chairman & Director
- Former: James A. McDonald (2020–2024) — Treasurer
- Former: Philip E. Tetreault (2020–2022) — Director
- Former: Kevin C. Merchant (2020) — President & Director
Data from IRS Form 990 filings, 2020–2025. "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 Jewett City Savings Bank Foundation Inc
How much does Jewett City Savings Bank Foundation Inc give each year?
Jewett City Savings Bank Foundation Inc gave $141K across 71 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $111K across 1 grant.
What is Jewett City Savings Bank Foundation Inc's typical grant size?
Jewett City Savings Bank Foundation Inc's median grant in 2025 was $1,500, and its average grant was $1,985, across 71 grants on its 2025 IRS Form 990-PF.
Where does Jewett City Savings Bank Foundation Inc give grants?
Jewett City Savings Bank Foundation Inc gives mostly in Connecticut: 96% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Putnam, CT (11 grants), Danielson, CT (7 grants), Woodstock, CT (5 grants) and Jewett City, CT (5 grants).
Who are Jewett City Savings Bank Foundation Inc's largest grantees?
Jewett City Savings Bank Foundation Inc's largest 2025 grantees include Woodstock Agricultural Society Inc ($10,000), Central Village Fire Company ($5,700) and Aa Young Jr Hose and Ladder CO ($5,250), according to its 2025 IRS Form 990-PF. Together they received 15% of its itemized 2025 grant dollars.
How large is Jewett City Savings Bank Foundation Inc?
Jewett City Savings Bank Foundation Inc reported $3.0M in total assets on its 2025 IRS Form 990-PF. It paid out $141K in qualifying distributions that year, against a required minimum of $134K (roughly 5% of its investment assets).
What does Jewett City Savings Bank Foundation Inc fund?
The foundation’s stated mission is to reinforce, encourage, and support the bank’s ongoing commitment to the well-being of the communities it serves, and to allocate resources for the advantage of the community at large. See mission & focus areas ↑
How do I apply for a grant from Jewett City Savings Bank Foundation Inc?
The filing says an application is available on the foundation’s website. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Jewett City Savings Bank Foundation Inc's EIN?
Jewett City Savings Bank Foundation Inc's EIN (Employer Identification Number) is 13-4242396. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS September 10, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 7, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS October 2, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS August 21, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 13, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS April 30, 2026)
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Cite this profile
Grantable. (2026). Jewett City Savings Bank Foundation Inc funder profile. GrantGraph. Retrieved October 14, 2026, from https://grantable.co/funders/jewett-city-savings-bank-foundation-inc-morg_fcb15a2e6b504b77b754ce32fee9e4d8
BibTeX
@misc{grantable_134242396_2026,
author = {{Grantable}},
title = {{Jewett City Savings Bank Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/jewett-city-savings-bank-foundation-inc-morg_fcb15a2e6b504b77b754ce32fee9e4d8},
note = {Accessed 2026-10-14. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Jewett City Savings Bank Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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