Jewett City Savings Bank Foundation Inc

JEWETT CITY, CT EIN: 13-4242396

Jewett City Savings Bank Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in JEWETT CITY, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.7M in total assets. In 2024, it awarded 1 grants totaling $111K. Net investment income was $247K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.7M

+9.1% YoY

Annual Giving

$111K

+7.2% YoY

Grant Count

1

-98.4% YoY

Avg Grant Size

$111K

+6757.8% YoY

Under IRS private-foundation payout rules, Jewett City Savings Bank Foundation Inc reported a distributable amount of $122K for 2024 — the minimum it must pay out in qualifying distributions.

About Jewett City Savings Bank Foundation Inc

Based on IRS filings

Jewett City Savings Bank Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in JEWETT CITY, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.7M in total assets. In 2024, it awarded 1 grants totaling $111K. Net investment income was $247K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

8states

Cities

BarreBrooklynCanterburyDanielsonDayvilleEast HartfordEast KillinglyGales FerryGriswoldHartfordJewett CityLisbonMemphisMoosupNew YorkNewingtonNorth GrosvenordaleNorth WindhamNorwichOld Saybrook

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$233K$466K$699K$933K20202021202220232024
Metric202420232022
Total Assets$2,679,866$2,455,899$1,966,890
Revenue$292,860$576,463$40,234
Expenses$137,508$97,246$117,623
Qualifying Distributions$110,898$104,196$108,118
Net Investment Income$247,107$847,832$40,234
Distributable Amount$121,532$95,141$100,965

Giving Over Time

Total grant dollars and number of grants per year

$0$28K$55K$83K$111K67 grants202064 grants202160 grants202264 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grants & Contributions P…$111K

Grant Size Distribution

201 grants across all recorded years

200<$50K$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Open Grants

1 open opportunity from Jewett City Savings Bank Foundation Inc

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Grants & Contributions Paid ($110,808).

RecipientPurposeAmount
Grants & Contributions Paid Jewett City, CTExempt Purpose$110,808

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
GARY W PELOQUINCHAIRMAN/Director1
MICHAEL ALBERTSPRESIDENT/Director1
JAMES A MCDONALDTREASURER (Term Ended 06/24)1
DIANA L ROSESECRETARY1
Brian A AndstromDIRECTOR1
DIANE L MANNINGChairman/DIRECTOR1
DAVID T PANTELEAKOSDIRECTOR1
GAIL ROOKE-NORMANDIRECTOR1
Robert James ThevenetDIRECTOR1
Graeme EversonDIRECTOR1
BETSY BARRETTDIRECTOR1
MATTHEW DESAULNIERDIRECTOR1
Louis Demicco IIIDirector1
Beth SteeleDirector1
Jonathan RoyTreasurer1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Jewett City Savings Bank Foundation Inc?

Jewett City Savings Bank Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in JEWETT CITY, CT. It holds $2.7M in total assets as of 2024.

How large is Jewett City Savings Bank Foundation Inc?

As of 2024, Jewett City Savings Bank Foundation Inc holds $2.7M in total assets with $293K in annual revenue. It awarded 1 grants totaling $111K in 2024.

Where does Jewett City Savings Bank Foundation Inc operate?

Jewett City Savings Bank Foundation Inc has awarded grants in Connecticut, Florida, Maryland, Maine, New York, Rhode Island, Tennessee, Vermont.

What size grants does Jewett City Savings Bank Foundation Inc award?

In 2024, Jewett City Savings Bank Foundation Inc awarded 1 grants totaling $111K — an average of about $111K per grant, based on its IRS Form 990 filings.

How much is Jewett City Savings Bank Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Jewett City Savings Bank Foundation Inc reported a distributable amount of $122K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

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 2020–2024.

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Browse active grant opportunities in Jewett City Savings Bank Foundation Inc's focus areas in our free grants database

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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