Torrington Savings Foundation
Torrington Savings Foundation is a private foundation based in Wilmington, Delaware. In filing year 2024, it reported giving $141,350 through 16 grants, with most grant dollars going to recipients in Connecticut.
Torrington Savings Foundation at a glance
In short: Torrington Savings Foundation gave $141K across 16 grants in 2024 (avg $9K), mostly in Connecticut. 13% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $141,350
- -34.0% vs 2023
- Grants made (2024)
- 16
- -30.4% vs 2023
- Average grant
- $8,834
- -5.2% vs 2023
- Median grant
- $5,000
- Total assets
- $1,229,918
- -2.2% vs 2023
- New grantees (estimate)
- 13% first-time grantees (2 of 16, 2024; small sample)
- Primary geography
- Connecticut (98% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Torrington Savings Foundation
- How to Apply
-
The 2024 filing names Tina Milanesi as the contact and directs applicants to submit the form and materials through the foundation’s application portal. The filing lists these restrictions on awards: animal causes, annual appeals, beauty contests, capital requests or campaigns, endowments, fundraising activities, general operating support, individuals, operating deficits, payments on bank loans, political labor, private foundations or trusts, private schools, colleges and prep schools, public school districts and individual schools, religious organizations, scholarship programs, team sponsorships, and trips and tours.
- Review Cycle
- The filing lists April 29 and October 29. These filing-listed dates are past.
- Deadline
- The filing lists April 29 and October 29.
- Contact
Application contact: Tina Milanesi
Mailing address: 129 Main Street, Torrington, CT 06790
Phone: (860) 294-7224
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Torrington Savings Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Habitat for Humanity International Inc ($50K). Together the top 10 received $127K.
Grant Size Distribution
113 grants across all recorded years
The most common grant size was under $50K: 110 grants of 113 (97%).
Geographic Focus
Where this funder awards grants
The foundation is based in Wilmington, Delaware. In 2024, 98% of its grant dollars went to recipients in Connecticut and 2% to recipients in New York. The listed 2024 grants include recipients in Connecticut communities such as Torrington, Stamford, Sharon, Bantam, Litchfield, Winsted, and New Britain.
Grant Distribution by State
Share of 2024 grant dollars across all 16 itemized grants.
States
Cities
Is Torrington Savings Foundation open to new grantees?
13%
first-time grantees, 2024
In 2024, 2 of 16 grantees (13%) were first-time recipients. With only 16 grantees, that is a small sample: one grantee more or less moves the share by about 6 points. First grants averaged $4K; repeat grants $10K. How we count
Medians: $4K first-time, $5K repeat.
- 31% of 2024 grantees were also funded in 2023. Method
- Giving fell 34% from 2021 to 2024. Method
- In 2024 it paid out 185% of its IRS minimum distribution (the 5% rule). 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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $141K (2024) to $214K (2023). In 2024 it made 16 grants totaling $141K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Habitat for Humanity International Inc Salisbury, CT | Torrington Groundbreaking fund | $50,000 |
| Torrington Historical Society Incorporated Torrington, CT | General & Unrestricted | $15,000 |
| Womens Business Development Council Inc Stamford, CT | Small Business Recovery & Growth in TSF Communities | $15,000 |
| Prime Time House Inc Torrington, CT | Supportive Housing Fund | $10,000 |
| Equus Effect Sharon, CT | The Equus Effect Program Outreach | $9,400 |
| Rebuilding Together in Litchfield County Connectic Bantam, CT | Rebuild 2024 | $7,500 |
| Friendly Hands Food Bank Inc Torrington, CT | Client Bar Coding System | $5,850 |
| Maria Seymour Brooker Memorial Inc Torrington, CT | Torrington In-School Dental Program | $5,000 |
| YMCA Camp Mohawk Inc Litchfield, CT | Camperships Fund | $5,000 |
| American Mural Project Inc Winsted, CT | AMP Teen Art Studio | $4,000 |
Ready to take the next step with Torrington Savings Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $1,229,918 | $146,176 | $173,777 | $141,350 | 16 | $162,007 | $133,331 | $87,460 |
| 2023 | $1,257,519 | $94,317 | $245,365 | $214,278 | 23 | $234,767 | $83,969 | $85,562 |
| 2022 | $1,408,567 | $46,084 | $207,749 | $174,916 | 18 | $196,051 | $35,181 | $94,586 |
| 2021 | $1,570,232 | $101,895 | $247,857 | $213,875 | 20 | $235,529 | $76,913 | $108,364 |
| 2020 | $1,716,194 | $32,717 | $228,467 | $191,551 | 36 | — | $46,988 | $101,105 |
Under IRS private-foundation payout rules, Torrington Savings Foundation reported a distributable amount of $87K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2024 grants included support for historical preservation, small-business recovery and growth, supportive housing, food-bank operations, dental services for students, arts programming, and camperships.
Among the grantees, the Torrington Historical Society describes its purpose as preserving history and biography, especially relating to Torrington. The Women’s Business Development Council says it supports women’s economic prosperity and strengthens communities through entrepreneurial and financial education. Prime Time House says it helps adults with serious mental illness pursue independence and productivity, including through access to employment, education, housing, and friendship.
Grantmaking
In 2024, the foundation made 16 grants totaling $141,350. Grants ranged from $2,100 to $50,000, with a median of $5,000. Its largest grant was $50,000 to Habitat for Humanity International Inc. for the “Torrington Groundbreaking fund.” Other notable grants were $15,000 to the Torrington Historical Society for general and unrestricted purposes, $15,000 to the Women’s Business Development Council for small-business recovery and growth in TSF communities, and $10,000 to Prime Time House for a supportive housing fund.
The foundation also gave $9,400 to Equus Effect for program outreach; $7,500 to Rebuilding Together in Litchfield County for “Rebuild 2024”; and $5,850 to Friendly Hands Food Bank for a client bar-coding system.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Edwin G Booth Jr as director and president; Diane V Libby as director and treasurer; Aaron Mambrino as director, vice president, and secretary; Gregory L Mele as director and vice president; Tina Milanesi as director, vice president, and secretary; Charles Roraback as director and vice president; Steven M Temkin as vice president and treasurer; and Lesa Vanotti as director, vice president, and president.
Torrington Savings Foundation is led by Edwin G Booth Jr., Director & President since 2023 (on filings since 2020); none of the 8 officers listed in 2024 report compensation.
Officers on the 2024 filing
Edwin G Booth Jr.
Director & President
Co- President & Director → Director, Co- President & President, 2022
Director, Co- President & President → Director & President, 2023
On filings since 2020
1 hr/week
No compensation reported
Lesa Vanotti
Director, Vice President & President
Director & Vice President → Director, Vice President & President, 2024
On filings since 2020
1 hr/week
No compensation reported
Aaron Mambrino
Director, Vice President & Secretary
Director & Vice President → Director, Vice President & Secretary, 2021
On filings since 2020
1 hr/week
No compensation reported
Diane V Libby
Director & Treasurer
On filings since 2020
1 hr/week
No compensation reported
Tina Milanesi
Director, Vice President & Secretary
Director & Vice President → Director, Vice President & Secretary, 2024
On filings since 2021
1 hr/week
No compensation reported
Charles Roraback
Director & Vice President
New on the 2024 filing
1 hr/week
No compensation reported
Gregory L Mele
Director & Vice President
New on the 2024 filing
1 hr/week
No compensation reported
Steven M Temkin
Vice President & Treasurer
Vice President → Vice President & Treasurer, 2024
On filings since 2022
1 hr/week
No compensation reported
Former officers (2)
- Former: John E Janco Sr. (2020–2022) — Co- President & Director
- Former: Thomas J Gailes Jr. (2020–2021) — Director & Secretary
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.
Frequently asked questions about Torrington Savings Foundation
How much does Torrington Savings Foundation give each year?
Torrington Savings Foundation gave $141K across 16 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $214K across 23 grants.
What is Torrington Savings Foundation's typical grant size?
Torrington Savings Foundation's median grant in 2024 was $5,000, and its average grant was $8,834, across 16 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Torrington Savings Foundation that year got $4K on average.
Where does Torrington Savings Foundation give grants?
Torrington Savings Foundation gives mostly in Connecticut: 98% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Torrington, CT (6 grants) and Litchfield, CT (2 grants).
Does Torrington Savings Foundation give general operating support?
Occasionally: 6% of Torrington Savings Foundation's 2024 grants with a stated purpose (1 of 16) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Torrington Savings Foundation's largest grantees?
Torrington Savings Foundation's largest 2024 grantees include Habitat for Humanity International Inc ($50,000), Torrington Historical Society Incorporated ($15,000) and Womens Business Development Council Inc ($15,000), according to its 2024 IRS Form 990-PF. Together they received 57% of its itemized 2024 grant dollars.
How large is Torrington Savings Foundation?
Torrington Savings Foundation reported $1.2M in total assets on its 2024 IRS Form 990-PF. It paid out $162K in qualifying distributions that year, against a required minimum of $87K (roughly 5% of its investment assets).
What does Torrington Savings Foundation fund?
No mission statement for the foundation is provided. Its 2024 grants included support for historical preservation, small-business recovery and growth, supportive housing, food-bank operations, dental services for students, arts programming, and camperships. See mission & focus areas ↑
How do I apply for a grant from Torrington Savings Foundation?
The 2024 filing names Tina Milanesi as the contact and directs applicants to submit the form and materials through the foundation’s application portal. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Torrington Savings Foundation's EIN?
Torrington Savings Foundation's EIN (Employer Identification Number) is 83-2495796. 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.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). Torrington Savings Foundation funder profile. GrantGraph. Retrieved October 14, 2026, from https://grantable.co/funders/torrington-savings-foundation-morg_d5ebb86b130245ff8d307a40e7c38a50
BibTeX
@misc{grantable_832495796_2026,
author = {{Grantable}},
title = {{Torrington Savings Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/torrington-savings-foundation-morg_d5ebb86b130245ff8d307a40e7c38a50},
note = {Accessed 2026-10-14. 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 Torrington Savings Foundation'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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