Rockville Bank Community Foundation Inc
Rockville Bank Community Foundation Inc is a private foundation based in Vernon, Connecticut. It provides grants to local nonprofit organizations and scholarships to area students, with a stated mission of improving quality of life for residents in communities served by the former Rockville Bank.
Key facts about Rockville Bank Community Foundation Inc
In short: Rockville Bank Community Foundation Inc gave $350K across 55 grants in 2024 (avg $6K), mostly in Connecticut. 43% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- EIN
- 20-3000295
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $350,276
- Grants made (2024)
- 55
- Average grant
- $6,369
- Median grant
- $5,000
- New grantees (estimate)
- 43% first-time grantees (19 of 44, 2024)
- Total assets
- $11,359,625
- Primary geography
- Connecticut (94% of itemized 2024 grant dollars)
- How to apply
- Submit a request online with the required supporting documents. Full details ↓
- Deadline
- Requests under $5,000 are reviewed monthly; larger requests are reviewed quarterly.
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$11.4M
+3.8% YoY
Annual Giving
$350K
-22.4% YoY
Grant Count
55
-21.4% YoY
Avg Grant Size
$6K
-1.3% YoY
Under IRS private-foundation payout rules, Rockville Bank Community Foundation Inc reported a distributable amount of $551K for 2024 — the minimum it must pay out in qualifying distributions.
Is Rockville Bank Community Foundation Inc open to new grantees?
43%
first-time grantees, 2024
In 2024, 19 of 44 grantees (43%) were first-time recipients. First grants averaged $6K; repeat grants $10K. How we count
Medians: $5K first-time, $5K repeat.
- 41% of 2024 grantees were also funded in 2023. Method
- Giving grew 143% from 2021 to 2024. Method
- In 2024 it paid out 77% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
The foundation’s mission is to improve the lives of residents in its service communities through grants to local nonprofit organizations and scholarships to area students. Its stated areas of interest are community service, health and human services, youth programs, cultural programs, and education. It gives consideration to work that supports community development and benefits disadvantaged or low- to moderate-income families.
Its 2024 grants included support for organizations serving varied needs. For example, Network Against Domestic Abuse describes its work as providing counseling, shelter, and emergency care for victims of domestic abuse. Enfield Food Shelf says it works to help ensure that no Enfield resident goes hungry and provides groceries and food support for children. Hockanum Valley Community Council describes itself as a human-service agency serving Tolland County residents and helping meet basic needs.
Grantmaking
In 2024, the foundation made 55 grants totaling $350,276. Grant amounts ranged from $1,000 to $50,000, with a median of $5,000. Its largest grant was $50,000 to Manchester Community College Foundation for an endowed scholarship fund, a food pantry, and a HyFlex classroom naming opportunity. Other notable grants included $20,000 to South Windsor Community Foundation for the South Windsor Rotary Foundation’s auction support for a new Rye Street pavilion, and $15,000 each for fuel-bank support in East Windsor, Ellington, Manchester, and South Windsor.
The foundation also offers academic, agricultural, and vocational scholarships for high school seniors. Its 2026 guidelines describe one-time awards of $5,000 for an academic recipient and $2,500 each for agricultural and vocational recipients. School staff make the selections, and selected students must attend the high school full time.
Eligible applicants include 501(c)(3) organizations and private foundations under 509(a); scholarship payments are made directly to the school. Applications require proof of tax-exempt status, a mission statement on organizational letterhead, and a one- to two-page summary of the organization and program. The foundation excludes, among other requests, lobbying, activism or community organizing; staff costs, salaries, benefits, and internship stipends; conferences, seminars, panel discussions, or trips; and requests outside its geographic footprint. Requests must be submitted online.
Review Cycle
Requests under $5,000 are reviewed monthly; larger requests are reviewed quarterly. For time-sensitive requests, submit 60 days before the funds are needed.
How to Apply
Submit a request online with the required supporting documents. The foundation states that it does not restrict giving to preselected organizations.
Ready to take the next step with Rockville Bank Community Foundation Inc?
Geographic Focus
Where this funder awards grants
The foundation identifies Vernon/Rockville, Tolland, Manchester, Somers, Coventry, Ellington, South Windsor, East Windsor, Suffield, and Enfield as the communities it serves. Its 2024 grant dollars were concentrated in Connecticut, with 94% going to recipients there; 3% went to Massachusetts, and 1% each to Rhode Island and Pennsylvania.
Grant Distribution by State
Share of 2024 grant dollars across all 55 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $61K (2020) to $466K (2022). In 2024 it made 55 grants totaling $350K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Manchester Community College Foundation ($55K across 3 grants). Together the top 10 received $183K.
Organizations only. It also paid 3 individual scholarships ($12,500), which are not listed by name.
Grant Size Distribution
250 grants across all recorded years
The most common grant size was under $50K: 249 grants of 250 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Manchester Community College Foundation Manchester, CT | $10k endowed scholarship fund, $10k cougar food pantry, $30k hyflex classroom naming opportunity | $50,000 |
| South Windsor Community Foundation FBO South Windsor Rotary Foundation South Windsor, CT | 2024 Auction Support - New Rye Street Pavillion | $20,000 |
| Town of East Windsor East Windsor, CT | FBO East Windsor Emergency Fuel Bank | $15,000 |
| Town of Ellington Social Services Ellington, CT | FBO Ellington Fuel Bank Account | $15,000 |
| Town of Manchester Fuel Bank Manchester, CT | Fuel Bank Support | $15,000 |
| Town of South Windsor South Windsor, CT | South Windsor Fuel Bank | $15,000 |
| Network Against Domestic Abuse Enfield, CT | Community Engagement & Youth Education and Advocacy Program | $10,000 |
| Rebuilding Together of Manchester Inc Manchester, CT | Free Housing Repairs to Veterans | $10,000 |
| Vernon Community Arts Center Vernon, CT | Support for Programming Expenses | $10,000 |
| Vernon Historical Society Vernon, CT | Digitization of Historical Newspapers | $10,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants |
|---|---|---|---|---|
| 2024 | $11,359,625 | $333,301 | $468,321 | $350,276 |
| 2023 | $10,947,062 | $422,336 | $574,134 | $451,470 |
| 2022 | $9,955,727 | $2,195,996 | $579,135 | $466,350 |
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $11,359,625 | $10,947,062 | $9,955,727 |
| Revenue | $333,301 | $422,336 | $2,195,996 |
| Expenses | $468,321 | $574,134 | $579,135 |
| Qualifying Distributions | $425,789 | $528,320 | $514,226 |
| Net Investment Income | $326,592 | $382,095 | $2,154,069 |
| Distributable Amount | $550,677 | $505,758 | $502,009 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Joann Smith as president; Rosemarie Papa as vice president; Anne Rivers as treasurer and secretary; and Michael Bars, Raymond LeFurge, Lynn Gagne, Anabella Ramos, and Tywan Watkins as directors. The foundation’s website lists Lisa Sedlmeier as executive director.
Rockville Bank Community Foundation Inc is led by Joann Smith, President since 2023 (on filings since 2020); none of the 8 officers listed in 2024 report compensation.
Officers on the 2024 filing
Joann Smith
President
Treasurer & Secretary → President, 2023
On filings since 2020
1 hr/week
No compensation reported
Michael Bars
Director
President → Director, 2023
On filings since 2020
1 hr/week
No compensation reported
Raymond Lefurge
Director
On filings since 2020
1 hr/week
No compensation reported
Anabella Ramos
Director
New on the 2024 filing
1 hr/week
No compensation reported
Lynn Gagne
Director
New on the 2024 filing
1 hr/week
No compensation reported
Tywan Watkins
Director
New on the 2024 filing
1 hr/week
No compensation reported
Rosemarie Papa
Vice President
On filings since 2020
1 hr/week
No compensation reported
Anne Rivers
Treasurer & Secretary
On filings since 2023
1 hr/week
No compensation reported
Former officers (2)
- Former: Richard Trachimowicz (2020–2023) — Director
- Former: Adam Jeamel (2020–2022) — Director
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Contact
Application contact: Lisa Sedlmeier
Mailing address: PO Box 2376, Vernon, CT 06606
Phone: (860) 291-3600
Email: info@rockvillecf.org
Website: https://rockvillecf.org
Frequently asked questions about Rockville Bank Community Foundation Inc
How much does Rockville Bank Community Foundation Inc give each year?
Rockville Bank Community Foundation Inc gave $350K across 55 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $451K across 70 grants.
What is Rockville Bank Community Foundation Inc's typical grant size?
Rockville Bank Community Foundation Inc's median grant in 2024 was $5,000, and its average grant was $6,369, across 55 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Rockville Bank Community Foundation Inc that year got $6K on average.
Where does Rockville Bank Community Foundation Inc give grants?
Rockville Bank Community Foundation Inc gives mostly in Connecticut: 94% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Manchester, CT (9 grants), Vernon, CT (6 grants), Enfield, CT (5 grants) and South Windsor, CT (4 grants).
Does Rockville Bank Community Foundation Inc give general operating support?
Occasionally: 2% of Rockville Bank Community Foundation Inc's 2024 grants with a stated purpose (1 of 55) were for general or operating support, per its 2024 IRS Form 990-PF. Recurring purposes include "Scholarships" (19 grants).
Who are Rockville Bank Community Foundation Inc's largest grantees?
Rockville Bank Community Foundation Inc's largest 2024 grantees include Manchester Community College Foundation ($55,000 across 3 grants), South Windsor Community Foundation FBO South Windsor Rotary Foundation ($20,000) and Uconn ($17,500 across 4 grants), according to its 2024 IRS Form 990-PF. It also paid 3 individual scholarships ($12,500), which are not listed by name. Together they received 26% of its itemized 2024 grant dollars.
How large is Rockville Bank Community Foundation Inc?
Rockville Bank Community Foundation Inc reported $11.4M in total assets on its 2024 IRS Form 990-PF. It paid out $426K in qualifying distributions that year, against a required minimum of $551K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does Rockville Bank Community Foundation Inc fund?
The foundation’s mission is to improve the lives of residents in its service communities through grants to local nonprofit organizations and scholarships to area students. Its stated areas of interest are community service, health and human services, youth programs, cultural programs, and education. See mission & focus areas ↑
How do I apply for a grant from Rockville Bank Community Foundation Inc?
Submit a request online with the required supporting documents. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Rockville Bank Community Foundation Inc's EIN?
Rockville Bank Community Foundation Inc's EIN (Employer Identification Number) is 20-3000295. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Here's the math on researching Rockville Bank Community Foundation Inc by hand.
Explore Open Grants
Browse active grant opportunities in Rockville Bank Community Foundation Inc's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in Connecticut
Hartford Foundation for Public Giving
Hartford, CT
The Greater Hartford Gives Foundation funds nonprofits, agencies, and scholarships, with priorities including equity, social and economic mobility, community wellbeing, civic engagement, and arts and culture. Its 2024 itemized grants had a median of about $21,600, with awards ranging from about $5,000 to $2.48 million, and it primarily serves 29 towns in Greater Hartford. It offers annual, priority-aligned grant opportunities; the profile does not state whether it accepts unsolicited requests.
Assets
$1.2B
Grants
613
Total Given
$52.0M
Aetna Foundation Inc
Hartford, CT
Aetna Foundation supported health and wellness, access to health care, and related community needs; its 2021 grants ranged from $5,000 to $1 million, with a median of $40,000, and went to organizations across multiple states, especially in D.C. and Connecticut. Its 2021 filing was marked final, so it appears to have ended or be winding down grantmaking; that filing said there were no restrictions on who could apply and pointed applicants to its website for application materials.
Assets
—
Grants
65
Total Given
$7.2M
Americares Foundation Inc
Stamford, CT
Americares funds health care organizations and programs focused on disaster preparedness and recovery, access to medicines and medical supplies, and community health services. In 2025, its grants ranged from $5,073 to $3.86 million, with a median of about $58,700; it works in the United States and internationally, reaching an average of 80 countries each year. The profile does not state whether it accepts unsolicited requests.
Assets
$372.5M
Grants
635
Total Given
$113.3M
American Savings Foundation Inc
New Britain, CT
The foundation funds education, human services, and arts and culture, especially programs serving children, youth, and families, with a primary focus on New Britain and Waterbury and grants across 64 Connecticut towns. In 2025, its grants ranged from $238 to $150,000, with a median of $1,750; it also offers Community Grants of up to $5,000.
Assets
$107.0M
Grants
613
Total Given
$3.4M
Eversource Energy Foundation Inc
Hartford, CT
The Eversource Energy Foundation funds U.S. 501(c)(3) nonprofits working on basic needs, education, environmental stewardship, community engagement, and economic or workforce development. It gives in Eversource’s service territory in Connecticut, Massachusetts, and New Hampshire; its 2024 median grant was $2,000, though awards ranged from $250 to $700,000.
Assets
$12.5M
Grants
606
Total Given
$6.2M
The Community Foundation for Greater New Haven
New Haven, CT
The Community Foundation for Greater New Haven supports nonprofits working in civic vitality, arts and culture, health, and education across its 20-town Greater New Haven service area. Its 2024 grants had a median of $15,000, though amounts varied widely; it offers competitive, online application-based programs, but whether it accepts unsolicited requests is not stated.
Assets
$627.4M
Grants
505
Total Given
$23.4M
Fairfield County's Community Foundation Inc
Norwalk, CT
Fairfield County’s Community Foundation funds local nonprofits addressing education and careers, economic security, health equity, housing, civic engagement, and related community needs in Fairfield County, Connecticut. Awards vary widely: capacity-building grants are up to $10,000, Community Impact Grants are $10,000–$15,000, and reported 2025 grants had a median of $24,080. It accepts unsolicited applications for some programs, including rolling capacity-building and small-grant opportunities; Strategic Partner Grants are invitation-only.
Assets
$291.4M
Grants
448
Total Given
$25.7M
Viking Global Foundation Inc
Stamford, CT
Assets
$7.1M
Grants
423
Total Given
$3.6M
Ion Bank Foundation Inc
Naugatuck, CT
Assets
$15.3M
Grants
419
Total Given
$1.0M
Synchrony Foundation
Stamford, CT
In 2024, Synchrony Foundation supported charitable organizations across workforce development, education, financial assistance, and giving, with grants ranging from $150 to $2.6 million and a median of $10,000. Its largest shares of grant funding went to Connecticut, New York, and South Carolina, followed by the District of Columbia and New Jersey; it does not accept unsolicited requests and funds preselected organizations only.
Assets
$72.3M
Grants
394
Total Given
$20.5M
Yale University
New Haven, CT
Yale University funds sponsored research, education and institutional programs, student aid, and charitable or community support, with 2025 grants ranging from $3,000 to $14.3 million and a median of about $136,000. Grants went to recipients in multiple states, with the largest shares in Connecticut, California, Massachusetts, New York, and Pennsylvania. The information does not state whether Yale accepts unsolicited requests.
Assets
$58.9B
Grants
364
Total Given
$168.2M
Knights of Columbus Charitable Fund Inc
New Haven, CT
The fund supports Catholic organizations and other charities whose missions align with Catholic teachings, primarily through donor-advised grants; 2024 awards had a median of $16,250, though amounts varied widely. Its grants went to organizations across the United States, with the largest shares in Washington, DC, Ohio, Connecticut, Virginia, and California. It does not accept unsolicited grant applications.
Assets
$127.1M
Grants
358
Total Given
$77.1M
More Funders in Connecticut
Rockville Bank Community Foundation Inc down — hundreds of funders to go?