Peoples United Community Foundation

Foundation · Grantmaker BRIDGEPORT, CT EIN: 20-8675365

Peoples United Community Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BRIDGEPORT, CT. IRS filing data is available from 2020 through 2022. In 2022, it awarded 2 grants totaling $60.9M. Net investment income was $2.5M.

Financial Overview

From 2022 IRS Form 990-PF · View filing

Total Assets

-100.0% YoY

Annual Giving

$60.9M

+1901.5% YoY

Grant Count

2

+100.0% YoY

Avg Grant Size

$30.5M

+900.7% YoY

Under IRS private-foundation payout rules, Peoples United Community Foundation reported a distributable amount of $1.7M for 2022 — the minimum it must pay out in qualifying distributions.

About Peoples United Community Foundation

Based on IRS filings

Peoples United Community Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BRIDGEPORT, CT. IRS filing data is available from 2020 through 2022. In 2022, it awarded 2 grants totaling $60.9M. Net investment income was $2.5M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

BridgeportBuffalo

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$17M$34M$50M$67M202020212022
Metric202220212020
Total Assets$64,766,028$57,495,914
Revenue$2,660,856$6,100,341$4,323,533
Expenses$61,183,242$3,646,984$3,602,948
Qualifying Distributions$1,351,288$3,451,154
Net Investment Income$2,534,350$5,661,458$3,906,669
Distributable Amount$1,745,080$3,028,081$2,504,563

Giving Over Time

Total grant dollars and number of grants per year

$0$15M$30M$46M$61M1 grants20201 grants20212 grants2022

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2022

The MT Charitable Founda…$59.8MSee Attachment$1.2M

Grant Size Distribution

4 grants across all recorded years

<$50K$50–100K$100–250K$250–500K$500K–1M3$1–5M1$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2022 grants, the largest include The MT Charitable Foundation ($59,758,743), See Attachment ($1,167,685).

RecipientPurposeAmount
See Attachment Bridgeport, CTSee Attachment$1,167,685
The MT Charitable Foundation Buffalo, NYTransfer of assets upon termination$59,758,743

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2022 IRS filing

Karen T GalboChairman$29KLia T MartinoComm Prog Spec$15KNancy A BigonetteComm Impact Coo$14KMarina C HenningerTreasurer$1K

From 2022 filing

NameTitleHoursCompensation
Jack P BarnesDirector1
Marina C HenningerTreasurer1$1,185
Karen T GalboChairman40$28,800
Armando F GoncalvesDirector1
George P CarterDirector1
Robert B Dannies JrDirector1
Sara H LongobardiDirector1
Kristy BernerSecretary1
Lia T MartinoComm Prog Spec30$14,846
Louise T SandbergDirector1
Jeffrey J TengelDirector1
Nancy A BigonetteComm Impact Coo30$14,418

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Peoples United Community Foundation?

Peoples United Community Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BRIDGEPORT, CT. It holds — in total assets as of 2022.

Where does Peoples United Community Foundation operate?

Peoples United Community Foundation has awarded grants in Connecticut, New York.

What size grants does Peoples United Community Foundation award?

In 2022, Peoples United Community Foundation awarded 2 grants totaling $60.9M — an average of about $30.5M per grant, based on its IRS Form 990 filings.

How much is Peoples United Community Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2022, Peoples United Community Foundation reported a distributable amount of $1.7M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Peoples United Community Foundation's EIN?

Peoples United Community Foundation's EIN (Employer Identification Number) is 20-8675365. IRS Form 990 filing data is available on this page for 2020–2022.

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

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