Torrington Savings Foundation is a private foundation focused on Arts, Culture & Humanities, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 16 grants totaling $141K. Net investment income was $133K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.2M
-2.2% YoY
Annual Giving
$141K
-34.0% YoY
Grant Count
16
-30.4% YoY
Avg Grant Size
$9K
-5.2% YoY
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.
About Torrington Savings Foundation
Based on IRS filings
Torrington Savings Foundation is a private foundation focused on Arts, Culture & Humanities, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 16 grants totaling $141K. Net investment income was $133K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,229,918 | $1,257,519 | $1,408,567 |
| Revenue | $146,176 | $94,317 | $46,084 |
| Expenses | $173,777 | $245,365 | $207,749 |
| Qualifying Distributions | $162,007 | $234,767 | $196,051 |
| Net Investment Income | $133,331 | $83,969 | $35,181 |
| Distributable Amount | $87,460 | $85,562 | $94,586 |
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
113 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Habitat for Humanity International Inc ($50,000), Torrington Historical Society Incorporated ($15,000), Womens Business Development Council Inc ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN MURAL PROJECT INC WINSTED, CT | AMP Teen Art Studio | $4,000 |
| COMMUNITY KITCHEN OF TORRINGTON INC TORRINGTON, CT | Funds to replace the chairs | $2,500 |
| EQUUS EFFECT SHARON, CT | The Equus Effect Program Outreach | $9,400 |
| FRIENDLY HANDS FOOD BANK INC TORRINGTON, CT | Client Bar Coding System | $5,850 |
| HABITAT FOR HUMANITY INTERNATIONAL INC SALISBURY, CT | Torrington Groundbreaking fund | $50,000 |
| MARIA SEYMOUR BROOKER MEMORIAL INC TORRINGTON, CT | Torrington In-School Dental Program | $5,000 |
| NEW BRITAIN MUSEUM OF AMERICAN ART INC NEW BRITAIN, CT | Access to Arts: Torrington | $2,500 |
| NORTHWESTERN CONNECTICUT YOUNG MENS CHRISTIAN ASSO TORRINGTON, CT | Rising Star Camp (RSC) Scholarship fund | $2,750 |
| PRIME TIME HOUSE INC TORRINGTON, CT | Supportive Housing Fund | $10,000 |
| REBUILDING TOGETHER IN LITCHFIELD COUNTY CONNECTIC BANTAM, CT | Rebuild 2024 | $7,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Edwin G Booth Jr | Dir, Pres | 1 | — |
| Diane V Libby | Dir, Treas | 1 | — |
| Aaron Mambrino | Dir, VP, Sec | 1 | — |
| Gregory L Mele | Dir, VP | 1 | — |
| Tina Milanesi | Dir, VP, Sec | 1 | — |
| Charles Roraback | Dir, VP | 1 | — |
| Steven M Temkin | VP, Treas | 1 | — |
| Lesa Vanotti | Dir, VP, Pres | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Torrington Savings Foundation?
Torrington Savings Foundation is a private foundation focused on Arts, Culture & Humanities, based in WILMINGTON, DE. It holds $1.2M in total assets as of 2024.
How large is Torrington Savings Foundation?
As of 2024, Torrington Savings Foundation holds $1.2M in total assets with $146K in annual revenue. It awarded 16 grants totaling $141K in 2024.
Where does Torrington Savings Foundation operate?
Torrington Savings Foundation has awarded grants in Connecticut, New York.
What size grants does Torrington Savings Foundation award?
In 2024, Torrington Savings Foundation awarded 16 grants totaling $141K — an average of about $9K per grant, based on its IRS Form 990 filings.
How much is Torrington Savings Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Torrington Savings Foundation reported a distributable amount of $87K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
Explore Open Grants
Browse active grant opportunities in Torrington Savings Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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