FundersConnecticut

Ion Bank Foundation Inc

Naugatuck, CT · EIN 06-1513293. Reported 1,512 grants totalling $4,121,016 to 548 organizations across tax years 2021-2024. This foundation did not tell the IRS it funds only preselected organizations.

Yesaccepts unsolicited requests
$575median grant
$4,121,016granted, 2021-2024
548organizations funded
69%of grantees funded again the next year
$14.8Massets, latest filing

Does this foundation accept applications?

Yes -- on its own tax return. Form 990-PF asks every private foundation whether it makes grants only to organizations it selects itself. Of the 91,758 foundations in our data that made a grant and answered, 78% said yes -- and applying to those is wasted effort. Ion Bank Foundation Inc did not check that box on its most recent filing, which puts it in the minority that is at least open to being approached.

This is the foundation's own statement to the IRS, not our judgement, and it says nothing about whether they have a form, a deadline, or an appetite for new grantees. Treat it as the reason this foundation is worth your research time, not as an invitation. Many small foundations of this kind have no website and no application process -- a letter of inquiry is the normal first step.

How big are its grants?

The median grant is $575. Half of everything it gave fell between $200 and $2,500; the smallest was $39 and the largest $119,000. If you are asking for materially more than the top of that range, you are asking the wrong foundation.

Under $1,000
851 grants
$1,000 - $5,000
399 grants
$5,000 - $10,000
159 grants
$10,000 - $25,000
81 grants
$25,000 - $50,000
14 grants
$50,000 - $100,000
4 grants
$100,000 and Up
4 grants

Every organization it funded

All 548 recipients appear in its filings; the 250 largest are listed here. Years funded is the number of separate tax years in which this organization received money -- the clearest signal of who this foundation actually has a relationship with.

OrganizationLocationTotal receivedGrantsYears fundedLast
United Way of Greater WaterburyWaterbury, CT$500,9382842024
United Way of Naugatuck & Beacon FallsNaugatuck, CT$436,3551642024
Connecticut Community FoundationWaterbury, CT$177,752642024
Operation FuelHartford, CT$65,000542024
The Palace Theater Group IncWaterbury, CT$63,525742024
Griffin Hospital Development Fund IncDerby, CT$62,525642024
Saint Mary's Hospital FoundationWaterbury, CT$62,5251142024
Naugatuck YMCANaugatuck, CT$61,1251042024
Valley United WayShelton, CT$54,000742024
Naugatuck Ambulance IncNaugatuck, CT$53,125642024
Waterbury Promise IncWaterbury, CT$50,000222024
Farmington Land Trust IncFarmington, CT$46,525842024
Greater Waterbury Interfaith Ministries IncWaterbury, CT$43,800842024
Hidden AcresNaugatuck, CT$43,6501242024
Ecumenical Food Bank IncNaugatuck, CT$41,900842024
Mattatuck MuseumWaterbury, CT$41,2501142024
Hands on Hartford IncHartford, CT$40,100832024
St Vincent Depaul Mission of WaterburyWaterbury, CT$39,975932024
United Way of Greater New HavenNew Haven, CT$36,3761142024
Elim Park Baptist Home IncCheshire, CT$35,400432024
Abilities Without BoundariesCheshire, CT$33,275942024
The Salvation ArmyWaterbury, CT$33,000432024
Boys & Girls Club of Greater WaterburyWaterbury, CT$32,4501042024
Womens Business Development Council IncStamford, CT$31,500442024
United Way of Central and Northeastern ConnecticutHartford, CT$31,300842024
Ct Partnership for Children IncNaugatuck, CT$29,6501142024
Columbus House IncNew Haven, CT$27,500442024
Greater Waterbury Campership FundWaterbury, CT$27,225842024
New Horizons IncUnionville, CT$25,700842024
Ccs Children's Community SchoolWaterbury, CT$25,600542024
Madre Latina Organization IncWaterbury, CT$24,950842024
Jane Doe No More IncNaugatuck, CT$23,575942024
Kelly's Kids IncProspect, CT$22,520632024
Neighborhood Housing Serv of Wtby IncWaterbury, CT$22,250532023
Police Activity League of Waterbury IncWaterbury, CT$21,900742024
Literacy Volunteers of Greater WaterburyWaterbury, CT$21,525842024
Naugatuck Economic Development CorpNaugatuck, CT$21,500222024
Naugtuck Economic Development CorpNaugatuck, CT$21,500222023
Boys & Girls Club of MeridenMeriden, CT$20,850642024
Wellmore IncWaterbury, CT$20,750942024
Team IncDerby, CT$20,075942024
New OpportunitiesWaterbury, CT$20,000222023
Children in PlacementNew Haven, CT$18,500332024
United Way of Southington IncSouthington, CT$18,500642024
Waterbury Youth Services IncWaterbury, CT$18,500642024
Ball & Socket Arts IncCheshire, CT$17,250842024
United Way of Northern New JerseyBridgewater, NJ$17,000332024
United Way of Meriden & Wallingford IncMeriden, CT$16,248642024
Literacy Volunteers of Greater New HavenNew Haven, CT$16,053742024
Midwest Food Bank New EnglandManchester, CT$16,000332024
Brian Gibbons Homeless Outreach IncWaterbury, CT$15,400322024
Safe Haven of Greater Waterbury IncWaterbury, CT$15,060942024
After School Arts Program IncWashington Depot, CT$15,000542024
Community Mental Health Affiliates IncNew Britain, CT$15,000212022
Police Athletic League of Parsippany-Troy IParsippany, NJ$15,000112023
Camp Courant IncFarmington, CT$14,200432024
Prudence Crandall Center IncNew Britain, CT$14,000332024
Midstate Medical CenterMeriden, CT$13,000742024
Reach Out and Read IncBoston, MA$13,000442024
United Way of Central and Northeastern CHartford, CT$13,000112023
Neighborhood Housing Serv of WaterburyWaterbury, CT$12,500212022
Horizons IncSouth Windham, CT$12,000332024
Save Girls on Fyer IncWaterbury, CT$12,000222023
Seymour Pink IncSeymour, CT$11,775532024
Franciscan Life CenterMeriden, CT$11,750842024
Healing Meals Foundation CorporationBloomfield, CT$11,500332024
Malta House of Care IncHartford, CT$11,500222024
Kellys Kids IncProspect, CT$11,375322023
Griffin HospitalDerby, CT$11,000542024
Naugatuck Senior CenterNaugatuck, CT$11,000842024
The Diaper Bank of Connecticut IncNorth Haven, CT$11,000442024
Brass City HarvestWaterbury, CT$10,811542024
Project Purple IncSeymour, CT$10,650742024
Bread for Life IncSouthbury, CT$10,500222024
Stvincent Depaul Mission of WaterburyWaterbury, CT$10,475212022
Malta House of Care - Waterbury IncMiddlebury, CT$10,300432024
Police Athletic League of Parsippany-Troy HillsParsippany, NJ$10,300322024
Farmington Village Green & Library Assoc IncFarmington, CT$10,100322022
Bethany Historical Society IncBethany, CT$10,030542024
50CAN IncWashington, DC$10,000222024
Big Brothers Big Sisters of Ct IncHartford, CT$10,000222024
Bridgeport Hospital Foundation IncBridgeport, CT$10,000222024
Career Resources IncBridgeport, CT$10,000112024
Chrysalis Center IncHartford, CT$10,000222023
Connecticut Association for Human Services IncHartford, CT$10,000222023
Family Leadership CenterWatertown, CT$10,000112022
The Salvation Army of Greater WaterburyWaterbury, CT$10,000112022
Unionville Museum IncUnionville, CT$10,000112021
University of Connecticut Foundation IncStorrs, CT$10,000222024
Naugatuck High SchoolNaugatuck, CT$9,625732024
The YMCA of WallingfordWallingford, CT$9,600432024
Easter SealsWaterbury, CT$9,550842024
New Britain Museum of American ArtNew Britain, CT$9,500442024
Seven Angels TheatreWaterbury, CT$9,500432024
Winning WaysBranford, CT$9,500222024
YWCA Hartford Region IncHartford, CT$9,500332024
St Francis of Assisi ChurchNaugatuck, CT$9,250332024
Sun Scholars IncPlainville, CT$9,000222023
Shakesperience Productions IncWaterbury, CT$8,750332024
Gaylord Hospital IncWallingford, CT$8,550742024
In a Heartbeat IncWallingford, CT$8,500332023
Midstate Arc IncMeriden, CT$8,425742024
Boys and Girls Club of New Britain IncNew Britain, CT$8,000212022
In Gods Hands IncWolcott, CT$8,000112023
Jersey Battered Womes Services IncMorristown, NJ$8,000112024
Naugatuck Campership FundNaugatuck, CT$8,000742024
Women and Families CenterMeriden, CT$8,000112022
Baby Bundle IncHackensack, NJ$7,700322024
Girl Scouts of Connecticut IncHartford, CT$7,700542024
New Jersey AngelsJackson Township, NJ$7,600212024
Whiskers Pet Rescue IncWoodbury, CT$7,600542024
City Hill Middle SchoolNaugatuck, CT$7,500332024
Ct Parternship for Children IncNaugatuck, CT$7,500112023
Latinas & Power CorpEssex, CT$7,500112023
Summer Campership FundMeriden, CT$7,500332024
Woman's Choice Charitable AssociationProspect, CT$7,500112023
Howard Whittemore Memorial LibraryNaugatuck, CT$7,075642024
Arts for Learning ConnecticutHamden, CT$7,000742024
Borough of NaugatuckNaugatuck, CT$7,000222024
Family & Childrens AidWaterbury, CT$7,000222023
The Bridge Family CenterWest Hartford, CT$7,000332024
Farmington Rotary Club FoundationFarmington, CT$6,675642024
Middlebury Police DepartmentMiddlebury, CT$6,542222023
Montville Township 4TH July IncMontville, NJ$6,500222024
Read to Grow IncBranford, CT$6,500442024
Waterbury Arc IncWaterbury, CT$6,050542024
Boys & Girls Club of New HavenNew Haven, CT$6,000222024
Goodspeed Opera House Foundation IncEast Haddam, CT$6,000332024
Literacy Volunteers of Greater HartfordHartford, CT$6,000222023
Special Olympics of Connecticut IncHamden, CT$5,725632024
Family Intervention CenterWaterbury, CT$5,650542024
Child Guidance Clinic of Central Ct IncMeriden, CT$5,475442024
Farmington Village Green & Library Association IncFarmington, CT$5,400322024
Habitat for Humanity of Greater New HavenNew Haven, CT$5,400432023
Seven Angels Theatre Hamilton Park PavilionWaterbury, CT$5,400222023
Southington Cheshire Community YMCASouthington, CT$5,400332024
Healing Meals Foundation Corp Dba Healing Meals Community ProjectBloomfield, CT$5,300322023
Klingberg Family CenterNew Britain, CT$5,300332024
St Anthony's ChurchProspect, CT$5,275442024
Family Promise of Morris County IncMorristown, NJ$5,100212024
Animals for Life IncNaugatuck, CT$5,025442024
America's Grow-a-RowPittstown, CT$5,000112024
Ann's Place IncDanbury, CT$5,000112023
Boys & Girls Clubs of HartfordHartford, CT$5,000222024
Brass City Rescue AllianceMiddlebury, CT$5,000442024
Capital Region Education Council FoundationHartford, CT$5,000112022
Center for Financial Training InternationalNaugatuck, CT$5,000112024
Childrens' Community School IncWaterbury, CT$5,000112022
Community Solutions IncWaterbury, CT$5,000112024
Covenant to Care for ChildrenHartford, CT$5,000222024
Ct Alliance of City Police RubberNaugatuck, CT$5,000112023
Ct Assoc of School Based Health CentersHartford, CT$5,000222024
Farmington Village Green & Library Assoc 1Farmington, CT$5,000112023
Friends of Wood Memorial LibrarySouth Windsor, CT$5,000222023
Granville Academy of WaterburyWaterbury, CT$5,000112022
Hartford Promise IncHartford, CT$5,000112023
Interfaith Volunteer Care Givers of Grt NiHamden, CT$5,000112023
Legacy Foundation of Hartford IncHartford, CT$5,000112023
Lincoln Park PalLincoln Park, NJ$5,000112024
Manchester Area Conference of ChurchesManchester, CT$5,000112023
Seven Angels Theatre Hamilton Park PavillionWaterbury, CT$5,000112023
Statewide Leagl Services of Ct IncWetherfield, CT$5,000112022
Statewide Legal Services of Ct IncWetherfield, CT$5,000112023
The Ct Community Empowerment Foundation IncCheshire, CT$5,000112021
Town of FarmingtonFarmington, CT$5,000112021
Town of Hamden Dba Hamden Fire DepartmentHamden, CT$5,000112022
Town of Seymour Board of EducationSeymour, CT$5,000112023
United Way of Naugatuck and Beacon FallsNaugatuck, CT$5,000112023
Ur Community Cares IncManchester, CT$5,000222023
Urban League of Greater HartfordHartford, CT$5,000112022
Valley Community FoundationDerby, CT$5,000112021
Waterbury Bridge to Success PartnershipWaterbury, CT$5,000112024
Women and Familes CenterMeriden, CT$5,000112023
YWCA New BritainNew Britain, CT$5,000112024
Adam Wysota Foundation Dba Adam's HouseShelton, CT$4,950532024
Volunteer Fire Department of Prospect IncProspect, CT$4,900322024
Julia Day NurseryAnsonia, CT$4,800432024
Theresa's Battleship Foundation IncWest Hartford, CT$4,750642024
Bridgeport Islamic Community CenterBridgeport, CT$4,500222024
End Hunger CtEast Hartford, CT$4,500222024
The Susie FoundationWest Hartford, CT$4,425542024
Staywell Healthcare IncWaterbury, CT$4,350542024
The YMCA of Wallingford Inc Dba the Wallingford Family YMCAWallingford, CT$4,300322023
Saint Vincent Ferrer ChurchNaugatuck, CT$4,225442024
Naugatuck Pop Warner IncNaugatuck, CT$4,200542024
Crosby High SchoolWaterbury, CT$4,150112024
Seabury Society for the Preservation of Glebe HousWoodbury, CT$4,125222023
Woodbury Scholarship FundWoodbury, CT$4,100642024
Ion BankNaugatuck, CT$4,036212021
Girl Scouts Connecticut Trails CouncilNorth Haven, CT$4,026112021
American Cancer SocietyEast Hartford, CT$4,000442024
Cancercares Connecticut OfficeNew York, NY$4,000742024
Childrens Law CenterHartford, CT$4,000442024
Junior Achievement of Southwest New England IncHartford, CT$4,000222024
Middlebury Elderly & Social ServicesMiddlebury, CT$4,000222023
Western Connecticut Area Agency on Aging IncWaterbury, CT$4,000222024
For All Ages IncSimsbury, CT$3,900542024
Naugatuck Valley Soup KitchenNaugatuck, CT$3,775432024
Friends of the Meriden Public LibraryMeriden, CT$3,575542024
Connecticut Institute for the Blind IncHartford, CT$3,500222024
Southington Board of EducationSouthington, CT$3,500112022
The Borough of Naugatuck Event FundNaugatuck, CT$3,500112021
Naugatuck United Methodist ChurchNaugatuck, CT$3,425442024
Town of Beacon FallsBeacon Falls, CT$3,322112021
Team Beta - Nonnewaug High SchoolWoodbury, CT$3,250332024
Better Days Rescue FundRoxbury, CT$3,050442024
St Francis of Assis ChurchNaugatuck, CT$3,050112022
American Red CrossFarmington, CT$3,000222024
Childrens Center of HamdenHamden, CT$3,000542024
Connecticut Forest and Park Assoc IncRockfall, CT$3,000112022
Connecticut Foundation for Dental OutreachSouthington, CT$3,000112024
Council of NeighborhoodsMeriden, CT$3,000332024
Gentle Love Diaper Pantry IncManchester, CT$3,000112023
Greater Valley Salvation ArmyAnsonia, CT$3,000112024
Greystone Foundation IncAvon, CT$3,000112023
Hartford Area Habitat for HumanityHartford, CT$3,000112021
Middlebury Vol Fire Dept Ladies AuxiliaryMiddlebury, CT$3,000442024
Neighborhood Housing Serv of New BritainNew Britain, CT$3,000112024
Park Central LLCWaterbury, CT$3,000112024
Police Activity League of Parsippany- Troy HillsParsippany, NJ$3,000112022
Seabury Society for the Preservation of Glebe HouseWoodbury, CT$3,000222024
Shakeperience Productions IncWaterbury, CT$3,000112022
The Children's MuseumWest Hartford, CT$3,000112021
The Ct Community Empowerment Foundation Inc Dba Reread Books & MoreCheshire, CT$3,000112023
Tricircle CorporationMeriden, CT$3,000112023
St Bridget SchoolCheshire, CT$2,800442024
United Way of Western Connecticut IncDanbury, CT$2,800212021
Lgyu IncWaterbury, CT$2,700212023
Main Street WaterburyWaterbury, CT$2,700212023
Acts 4 MinistryWaterbury, CT$2,680542024
Kuhn Employment Opportunities IncMeriden, CT$2,600112024
Bleeding Blue for Good FundTrumbull, CT$2,500112023
Catholic Charities IncWaterbury, CT$2,500112023
City of WaterburyWaterbury, CT$2,500112024
Community Renewal Team IncHartford, CT$2,500112024
Concepts for Adaptive Learning IncNew Haven, CT$2,500112021
Ct Sports Management Group Inc Dba Nutmeg State GamesMiddletown, CT$2,500112023
Heads Up Hartford IncSimsbury, CT$2,500112024
Holy Cross High SchoolWtby, CT$2,500112021
Kitty Kat Rescue IncNaugatuck, CT$2,500442024
Local Initiatives Support CorporationHartford, CT$2,500112021
Meriden and Wallingford Campership FundMeriden, CT$2,500112023
National Assoc for the Advancement of CoBaltimore, MD$2,500112023
Nourish Nj IncMorristown, NJ$2,500112024
Nutmeg Big Brothers Big SistersHartford, CT$2,500112021
Rotary Club of Ansonia Seymour and Oxford Ct IncOxford, CT$2,500222024
Scoops for Troops IncPlainville, CT$2,500112023
Gil Foundation IncProspect, CT$2,475442024
Cheshire Community YMCACheshire, CT$2,450322022
Peter J Foley Little LeagueNaugatuck, CT$2,425442024

323 of 548 (59%) received money in more than one year over the 4 years we hold.

Measured the way we measure every foundation -- what share of one year's grantees are funded again the next -- this one retains 69%, across 3 year-to-year transitions. The median foundation retains about 67%, so this one is about typical. A high number means its list is close to settled and a newcomer has to displace someone; a low one means it is still moving money around, which is where an opening is.

Plus 1 grants to individuals totalling $748 -- scholarships, hardship and emergency assistance. We deliberately do not publish the names of people who received them, even though the filings do.

What the money was for

Taken verbatim from the purpose field of its filings. This is the closest thing to a statement of what this foundation cares about, in its own words.

What kind of organizations it funds

By the recipient's own IRS classification, for the 736 grants where we could identify the organization. These are assigned categories, not our guesses.

Human Services
153 grants
Arts & Culture
94 grants
Philanthropy & Grantmaking
83 grants
Education
79 grants
Youth Development
49 grants
Health Care
34 grants
Recreation & Sports
27 grants
Animal Welfare
25 grants

Giving by year

Tax yearGrantsTotalMedian grant
2021329$979,924$675
2022349$980,001$600
2023426$1,169,769$562
2024408$991,322$500

Tax years, not calendar years, and the most recent year is usually incomplete -- filings arrive about a year late, so a low final year means late paperwork rather than a foundation winding down.

Where its money goes

Foundations concentrate geographically far more than their mission statements suggest. 97% of this one's giving went to organizations in Connecticut. If you are outside its footprint, that matters more than how well your programme fits.

Connecticut
$4.0M
New Jersey
$90K
Massachusetts
$14K
District of Columbia
$10K
New York
$4K
Maryland
$2K
Minnesota
$100
South Carolina
$100

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Funders that support the same organizations

These funders gave to organizations this one also funded -- some private foundations, some community foundations and other grantmaking charities. Shared grantees are the strongest available signal that two funders have overlapping priorities, and a funder already backing your peers is a far warmer prospect than one that merely lists your cause.

Fidelity Investments Charitable Gift Fund105 shared recipientsAmerican Online Giving Foundation Inc88 shared recipientsThe Connecticut Community Foundation81 shared recipientsDonor Advised Charitable Giving Inc59 shared recipientsThe Bank of America Charitable Foundation Inc55 shared recipientsHartford Foundation for Public Giving54 shared recipients

How to approach this foundation

  1. Check you are its size. The median grant is $575. Asking for ten times that is the most common way small organizations waste a submission.
  2. Check you are in its geography. Its giving is concentrated in Connecticut.
  3. Read the recipient list above for organizations like yours. If nothing on it resembles your work, that is a real answer, and a cheap one to get.
  4. Look up the current filing before writing. The 990-PF names the foundation's officers and, where one exists, its application procedure. We link it below.

Related guides

Foundations funding education in ConnecticutEvery funder in this group, ranked

Where these numbers come from

Everything above is taken from Ion Bank Foundation Inc's own Form 990-PF filings, which the IRS publishes in bulk. We used 4 returns (tax years 2021-2024). Nothing here is scraped, inferred, or estimated.

Address of record on the latest return: 251 Church Street, Naugatuck, CT, 06770. This is the address the foundation gave the IRS; many small foundations file through an accountant or a bank trust department, so it may not be where post to a programme officer should go.

EIN 06-1513293 · See the original filings on ProPublica · How we build this

This is history, not an open call. Foundation returns are published about a year after the tax year ends. Nothing on this page is a deadline. It is a record of who this foundation has actually funded, which is the best available predictor of who it will fund next -- and a much better basis for deciding whether to write to them than a mission statement.

Is something here wrong about your foundation? Email hello@funderscope.com and we will correct it.