Rockville Bank Community Foundation Inc
Rockville Bank Community Foundation Inc is a private foundation established in 2005 and located in Vernon Rockville, Connecticut. The foundation is a company-sponsored foundation dedicated to improving the quality of life for individuals and families in its service communities through grants to local nonprofit organizations and scholarships to area students.
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.
Mission & Focus Areas
The foundation's mission is to provide grants to local nonprofit organizations and scholarships to area students, dedicated to improving the lives of residents in the communities within the general market area of the former Rockville Bank.
The foundation supports organizations involved in:
- Education
- Health
- Sports
- Human services
- Community development
The foundation also awards scholarships, vocational awards, and agricultural awards to high school seniors.
Grantmaking
The foundation accepts applications. Grant and scholarship applications are available through the foundation's website.
Grant Range
$5,000
How to Apply
**
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Geographic Focus
Where this funder awards grants
The foundation serves the following Connecticut communities:
- Vernon/Rockville
- Tolland
- Manchester
- Somers
- Coventry
- Ellington
- South Windsor
- East Windsor
- Suffield
- Enfield
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Giving (2024):
- Total assets: $11,359,625
- Total revenues: $333,301
- Total expenses: $468,321
Historical Assets & Giving:
- 2023: $10.9 million in assets; $347,000 in total giving
- 2022: $10.0 million in assets; $376,000 in total giving
| 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 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
210 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Manchester Community College Foundation ($50,000), South Windsor Community Foundation Fbo South Windsor Rotary Foundation ($20,000), Town of East Windsor ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ASNUNTUCK COMMUNITY TECHNICAL COLLEGE FOUNDATION ENFIELD, CT | SPONSORSHIP OF "DENIM & DIAMONDS: RAISING DOLLARS FOR SCHOLARS" | $3,500 |
| ASNUNTUCK COMMUNITY TECHNICAL COLLEGE FOUNDATION ENFIELD, CT | 24TH ANNUAL SCHOLARSHIP GOLF TOURNAMENT | $2,500 |
| ASNUNTUCK COMMUNITY TECHNICAL COLLEGE FOUNDATION ENFIELD, CT | SCHOLARSHIPS | $2,500 |
| BUILDING HEALTHY FAMILIES MANCHESTER, CT | BRIGHTSTART FOR FAMILIES PROGRAMS | $5,000 |
| COMMUNITY HEALTH RESOURCES (CHR) WINDSOR, CT | FOOD PANTRY ENHANCEMENT | $5,000 |
| COVENANT TO CARE INC HARTFORD, CT | SUPPORT FOR ABUSED/NEGLECTED CHILDREN/FAMILIES IN OUR FOOTPRINT | $4,000 |
| COVENTRY FOOD BANK COVENTRY, CT | FOOD BANK SUPPORT | $5,000 |
| CT FOODSHARE WALLINGFORD, CT | EMPTY BOWLS EVENT AT MCC | $5,000 |
| CT VETERAN'S DAY RACE INC COVENTRY, CT | SUPPORT FOR THE WALL THAT HEALS IN PARTNERSHIP WITH MANCHESTER ELKS | $5,000 |
| CT VETERAN'S DAY RACE INC COVENTRY, CT | GENERAL SUPPORT FOR 2024 VETERAN'S DAY RACE | $1,500 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Lisa Sedlmeier: Executive Director
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOANN SMITH | PRESIDENT | 1 | — |
| ROSEMARIE PAPA | VICE PRESIDENT | 1 | — |
| ANNE RIVERS | TREASURER AND SECRETARY | 1 | — |
| MICHAEL BARS | DIRECTOR | 1 | — |
| RAYMOND LEFURGE | DIRECTOR | 1 | — |
| LYNN GAGNE | DIRECTOR | 1 | — |
| ANABELLA RAMOS | DIRECTOR | 1 | — |
| TYWAN WATKINS | DIRECTOR | 1 | — |
Contact Information
- Website: https://rockvillecf.org/
- Address: PO Box 2376, Vernon Rockville, CT 06066-1776
- Phone: 860-291-3600
- EIN: 20-3000295
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Rockville Bank Community Foundation Inc fund?
The foundation's mission is to provide grants to local nonprofit organizations and scholarships to area students, dedicated to improving the lives of residents in the communities within the general market area of the former Rockville Bank. The foundation supports organizations involved in: • Education • Health • Sports • Human services • Community development The foundation also awards scholarships, vocational awards, and agricultural awards to high school seniors.
How do I apply for a grant from Rockville Bank Community Foundation Inc?
**Grant Activity (2023-2024):** • Total annual giving: approximately $347,000 (2023) • Number of grants: 44 (2023), 42 (2022) • Median grant size: $5,000 • Grant range: $1,000 - $30,000 • Giving rate: 3.2% of assets **Application Process:** The foundation accepts applications. Grant and scholarship applications are available through the foundation's website. **Recent Grants (2024):** • Manchester Community College Foundation: $50,000 (for endowed scholarship fund, food pantry support, and class…
Where does Rockville Bank Community Foundation Inc make grants?
The foundation serves the following Connecticut communities: • Vernon/Rockville • Tolland • Manchester • Somers • Coventry • Ellington • South Windsor • East Windsor • Suffield • Enfield
What size grants does Rockville Bank Community Foundation Inc award?
In 2024, Rockville Bank Community Foundation Inc awarded 55 grants totaling $350K — an average of about $6K per grant, based on its IRS Form 990 filings.
How much is Rockville Bank Community Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Rockville Bank Community Foundation Inc reported a distributable amount of $551K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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