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. 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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
201 grants across all recorded years
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).
| Recipient | Purpose | Amount |
|---|---|---|
| Grants & Contributions Paid Jewett City, CT | Exempt Purpose | $110,808 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GARY W PELOQUIN | CHAIRMAN/Director | 1 | — |
| MICHAEL ALBERTS | PRESIDENT/Director | 1 | — |
| JAMES A MCDONALD | TREASURER (Term Ended 06/24) | 1 | — |
| DIANA L ROSE | SECRETARY | 1 | — |
| Brian A Andstrom | DIRECTOR | 1 | — |
| DIANE L MANNING | Chairman/DIRECTOR | 1 | — |
| DAVID T PANTELEAKOS | DIRECTOR | 1 | — |
| GAIL ROOKE-NORMAN | DIRECTOR | 1 | — |
| Robert James Thevenet | DIRECTOR | 1 | — |
| Graeme Everson | DIRECTOR | 1 | — |
| BETSY BARRETT | DIRECTOR | 1 | — |
| MATTHEW DESAULNIER | DIRECTOR | 1 | — |
| Louis Demicco III | Director | 1 | — |
| Beth Steele | Director | 1 | — |
| Jonathan Roy | Treasurer | 1 | — |
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.
Explore Open Grants
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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