Thomaston Savings Bank Foundation Inc
Thomaston Savings Bank Foundation Inc is a private foundation based in Thomaston, Connecticut. Established in 1997, it makes grants to local charitable organizations and government agencies to help address community needs and improve quality of life in the communities where Thomaston Savings Bank has a physical presence.
Thomaston Savings Bank Foundation Inc at a glance
In short: Thomaston Savings Bank Foundation Inc gave $814K across 281 grants in 2025 (avg $3K), mostly in Connecticut. 13% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $814,339
- -19.4% vs 2024
- Grants made (2025)
- 281
- -20.2% vs 2024
- Average grant
- $2,898
- +1.0% vs 2024
- Median grant
- $2,500
- Total assets
- $9,545,314
- +5.3% vs 2024
- New grantees (estimate)
- 13% first-time grantees (28 of 217, 2025)
- Primary geography
- Connecticut (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Thomaston Savings Bank Foundation Inc
- How to Apply
-
The Foundation’s filing lists a written one-page budget, a 501(c)(3) determination letter, and an explanation of how funds will be used as application materials. Its website describes a three-phase annual grant cycle with applications submitted during the applicable phase. The Foundation says applicants must be 501(c)(3) organizations, other acceptable 501(c) organizations, or government units; funds must benefit communities where the Bank has a physical presence. There are no restrictions on awards listed in the filing.
- Review Cycle
- The filing lists June 30. The website’s annual cycle dates are April 1–30 for Hartford County, July 1–31 for Litchfield County, and October 1–31 for New Haven County; awards are generally disbursed in late June, late September, and late December, respectively.
- Deadline
- The filing lists June 30.
- Next open deadline
- October 31, 2026 (Thomaston Savings Bank Foundation - Phase III Grants (New Haven County))
- Contact
Application contact: Timothy Bergstrom
Mailing address: 203 Main Street, Thomaston, CT 06787
Phone: (860) 283-3725
Website: https://thomastonsavingsbank.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Open Grants
1 open opportunity from Thomaston Savings Bank Foundation Inc
Who Thomaston Savings Bank Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Boys & Girls Club of New Britain Inc ($50K). Together the top 10 received $226K.
Organizations only. It also paid 1 grant to individuals ($1,245), which are not listed by name.
Grant Size Distribution
1,360 grants across all recorded years
The most common grant size was under $50K: 1,357 grants of 1,360 (100%).
Geographic Focus
Where this funder awards grants
The Foundation’s grants are directed to benefit communities where Thomaston Savings Bank has a physical presence. The Bank lists locations in Bethlehem, Bristol, Farmington/Unionville, Harwinton, Middlebury, New Britain, Plymouth/Terryville, Thomaston, Torrington, Waterbury, Watertown/Oakville, and Wolcott. The 2025 filing reports that 100% of grant dollars went to Connecticut recipients.
The grant cycle is organized by county: Hartford County towns are served in Phase I, Litchfield County towns in Phase II, and New Haven County towns in Phase III. The listed towns for those phases are Bristol, Farmington/Unionville, and New Britain; Bethlehem, Harwinton, Plymouth/Terryville, Thomaston, Torrington, and Watertown/Oakville; and Middlebury, Waterbury, and Wolcott, respectively.
Grant Distribution by State
Share of 2025 grant dollars across all 281 itemized grants.
States
Cities
Is Thomaston Savings Bank Foundation Inc open to new grantees?
13%
first-time grantees, 2025
In 2025, 28 of 217 grantees (13%) were first-time recipients. First grants averaged $2K; repeat grants $4K. How we count
Medians: $2K first-time, $3K repeat.
- 76% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (+11%). Method
- In 2025 it paid out 187% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $651K (2021) to $1.0M (2024). In 2025 it made 281 grants totaling $814K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Boys & Girls Club of New Britain Inc New Britain, CT | To assist in funding technology advancements for the Club's Operation Impact initiative. | $50,000 |
| Boys & Girls Club of Bristol Bristol, CT | To provide support for the Club's Great Futures Campaign. | $29,600 |
| Environmental Learning Centers of Connecticut Bristol, CT | Final Installment of the Wallace Barnes Accessible Nature Trail | $25,000 |
| United Way Greater Waterbury Inc Waterbury, CT | To provide a Platinum Sponsorship. | $15,000 |
| Landmark Community Theatre Thomaston, CT | To provide annual support for the Theatre. | $15,000 |
| Thomaston Volunteer Fire Department Thomaston, CT | To assist in funding the fireworks display in conjunction with the Firemen's Carnival and the Town of Thomaston's 150th Anniversary. | $10,000 |
| The Palace Theater Waterbury, CT | To provide a Founder Corporate Sponsorship. | $10,000 |
| Mattatuck Museum Waterbury, CT | To assist in funding the expansion of the school tour program to area students. | $8,000 |
| Children's Community School Waterbury, CT | To provide half of a Better Futures Society Sponsorship in support of the school. | $7,500 |
| Holy Cross High School Waterbury, CT | To assist in the purchase 2,000 square feet of carpet tiles, (4) tables and (30) chairs. | $7,000 |
Ready to take the next step with Thomaston Savings Bank Foundation Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $9,545,314 | $729,509 | $860,999 | $814,339 | 281 | $840,949 | $709,459 | $450,903 |
| 2024 | $9,062,923 | $760,949 | $1,059,412 | $1,010,175 | 352 | $1,039,462 | $740,999 | $450,792 |
| 2023 | $9,193,885 | $488,005 | $814,243 | $742,849 | 232 | $762,827 | $411,844 | $429,090 |
| 2022 | $8,559,977 | $1,517,984 | $789,360 | $735,371 | 252 | $761,029 | $1,491,771 | $409,697 |
| 2021 | $9,829,520 | $878,552 | $671,727 | $651,359 | 243 | $665,535 | $708,202 | $461,289 |
| 2020 | $8,920,655 | $446,897 | $676,404 | $653,386 | 201 | — | $242,180 | $392,126 |
Under IRS private-foundation payout rules, Thomaston Savings Bank Foundation Inc reported a distributable amount of $451K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The Foundation says it is committed to responding to the human and material needs of its community. Its stated grant priorities are arts and culture, community development, education and youth services, health and human services, and public safety. Religious organizations may be considered when their programs address community needs or fall within those priority areas.
Its grantees include organizations with a range of community missions. For example, Boys & Girls Club of New Britain describes its mission as providing educational and recreational activities for youth. Landmark Community Theatre says it offers opportunities to participate in and enjoy performing arts, provides theater and music education, and preserves the Thomaston Opera House. Thomaston Volunteer Fire Department describes itself as an all-volunteer department providing protection and emergency response to Thomaston residents. Other 2025 grantees include Prudence Crandall Center, which says it supports people seeking lives free of domestic violence, and Bristol Works, which describes its mission as providing workforce training opportunities.
Grantmaking
In filing year 2025, the Foundation made 281 grants totaling $814,339. Grant amounts ranged from $400 to $50,000, with a median award of $2,500. The Foundation’s website says the average award is between $2,000 and $3,000 and that trustees may partially fund requests.
Among the largest 2025 grants were $50,000 to Boys & Girls Club of New Britain for technology advancements for its Operation Impact initiative; $29,600 to Boys & Girls Club of Bristol for its Great Futures Campaign; and $25,000 to Environmental Learning Centers of Connecticut for the final installment of the Wallace Barnes Accessible Nature Trail. Other awards included $15,000 to United Way Greater Waterbury for a Platinum Sponsorship and $15,000 to Landmark Community Theatre for annual support.
Leadership & Key People
Leadership team and compensation from IRS filings
Officers and trustees listed on the 2025 filing are Stephen Lewis, President and Trustee; Cheryl Lindstrom, Secretary; Carrie Zimyeski, Chairman and Trustee; Rebekah Stokes, Treasurer; and trustees Thomas Parisot, Michael Madow, Mark DiVenere, Susan Sadecki, Richard Bushka, and Mark D Malley.
Thomaston Savings Bank Foundation Inc is led by Stephen Lewis, President & Trustee on every filing since 2020; none of the 13 officers listed in 2025 report compensation.
Officers on the 2025 filing
Stephen Lewis
President & Trustee
On filings since 2020
1 hr/week
No compensation reported
Carrie Zimyeski
Chairman & Trustee
On filings since 2020
No compensation reported
James Nichol
Trustee
On filings since 2020
No compensation reported
Mark D Malley
Trustee
On filings since 2020
No compensation reported
Mark DiVenere
Trustee
On filings since 2020
No compensation reported
Richard Bushka
Trustee
On filings since 2020
No compensation reported
Susan Sadecki
Trustee
On filings since 2020
No compensation reported
Thomas Parisot
Trustee
On filings since 2020
No compensation reported
Michael Madow
Trustee
New on the 2025 filing
No compensation reported
Michele Caulfield
Trustee
New on the 2025 filing
No compensation reported
Timothy Bergstrom
Trustee
New on the 2025 filing
No compensation reported
Rebekah Stokes
Treasurer
On filings since 2020
1 hr/week
No compensation reported
Cheryl Lindstrom
Secretary
New on the 2025 filing
1 hr/week
No compensation reported
Former officers (3)
- Former: David Carlson (2020–2024) — Trustee
- Former: James Kaniewski (2020–2024) — Trustee
- Former: Rosemary Briglia (2020–2024) — Secretary
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Thomaston Savings Bank Foundation Inc
How much does Thomaston Savings Bank Foundation Inc give each year?
Thomaston Savings Bank Foundation Inc gave $814K across 281 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $1.0M across 352 grants.
What is Thomaston Savings Bank Foundation Inc's typical grant size?
Thomaston Savings Bank Foundation Inc's median grant in 2025 was $2,500, and its average grant was $2,898, across 281 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Thomaston Savings Bank Foundation Inc that year got $2K on average.
Where does Thomaston Savings Bank Foundation Inc give grants?
Thomaston Savings Bank Foundation Inc gives mostly in Connecticut: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Waterbury, CT (56 grants), Bristol, CT (42 grants), New Britain, CT (30 grants) and Thomaston, CT (25 grants).
Does Thomaston Savings Bank Foundation Inc give general operating support?
Occasionally: 9% of Thomaston Savings Bank Foundation Inc's 2025 grants with a stated purpose (26 of 281) were for general or operating support, per its 2025 IRS Form 990-PF. Recurring purposes include "To assist in funding the purchase of AEDs." (3 grants).
Who are Thomaston Savings Bank Foundation Inc's largest grantees?
Thomaston Savings Bank Foundation Inc's largest 2025 grantees include Boys & Girls Club of New Britain Inc ($50,000), Boys & Girls Club of Bristol ($35,400 across 4 grants) and Environmental Learning Centers of Connecticut ($33,300 across 5 grants), according to its 2025 IRS Form 990-PF. It also paid 1 grant to individuals ($1,245), which are not listed by name. Together they received 15% of its itemized 2025 grant dollars.
How large is Thomaston Savings Bank Foundation Inc?
Thomaston Savings Bank Foundation Inc reported $9.5M in total assets on its 2025 IRS Form 990-PF. It paid out $841K in qualifying distributions that year, against a required minimum of $451K (roughly 5% of its investment assets).
What does Thomaston Savings Bank Foundation Inc fund?
The Foundation says it is committed to responding to the human and material needs of its community. Its stated grant priorities are arts and culture, community development, education and youth services, health and human services, and public safety. See mission & focus areas ↑
How do I apply for a grant from Thomaston Savings Bank Foundation Inc?
The Foundation’s filing lists a written one-page budget, a 501(c)(3) determination letter, and an explanation of how funds will be used as application materials. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Thomaston Savings Bank Foundation Inc's EIN?
Thomaston Savings Bank Foundation Inc's EIN (Employer Identification Number) is 06-1483909. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 12, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 11, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 9, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 14, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 7, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 15, 2026)
Explore Open Grants
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Cite this profile
Grantable. (2026). Thomaston Savings Bank Foundation Inc funder profile. GrantGraph. Retrieved October 4, 2026, from https://grantable.co/funders/thomaston-savings-bank-foundation-inc-morg_a838cc8903c94d7dabf008b074f5456f
BibTeX
@misc{grantable_061483909_2026,
author = {{Grantable}},
title = {{Thomaston Savings Bank Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/thomaston-savings-bank-foundation-inc-morg_a838cc8903c94d7dabf008b074f5456f},
note = {Accessed 2026-10-04. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Thomaston Savings Bank Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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