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    5. Ion Bank Foundation
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    Ion Bank Foundation

    ActivoPhilanthropy & VoluntarismFinancia Individuos
    NAUGATUCK, CTSitio web2037295291

    About Ion Bank Foundation

    Ion Bank Foundation concentrates its philanthropy on strengthening local community services by funding annual United Way campaigns in its home region. Nearly all giving goes to community-wide fundraising drives that support a broad network of social service providers in Naugatuck, Beacon Falls and Greater Waterbury. The foundation favors general/annual campaign contributions rather than program-specific grants, signaling a preference for flexible, community-directed support.

    Focus Areas

    Annual United Way campaign support in Naugatuck & Beacon FallsAnnual United Way campaign support in Greater WaterburyUnrestricted/general operating support for local human servicesRegional community welfare and basic needs funding

    Who They Fund

    low-income individuals and families (Waterbury community)people experiencing homelessnessseniors in crisis / elderlyyouth and familiesnonprofit feeding agencies and community service providers

    About Ion Bank Foundation

    ION BANK FOUNDATION INC is based in Naugatuck, CT. It reported $3,141,840 in annual grants and $14,819,407 in total assets on its latest 990 year on file, 2025. Its giving is local, and 97% of grants go to recipients in Connecticut. The foundation funds individuals and also makes competitive and designated grants, with typical grant sizes of $200 at the 25th percentile, $550 at the median, and $2,500 at the 75th percentile. Recent grantmaking shows a strong emphasis on United Way campaign support and related community services. Named recipients include UNITED WAY OF GREATER WATERBURY, which received $119,000 in 2024 for an annual campaign contribution and $70,000 in 2025 for boosting services for guests at South Park; UNITED WAY OF NAUGATUCK & BEACON FALLS, which received $110,000 in 2024 for an annual campaign contribution and $104,000 in 2025 for economic empowerment programs; and CONNECTICUT COMMUNITY FOUNDATION, which received $41,588 in 2025 for Give Local. Other notable grantees include WATERBURY PROMISE INC at $25,000 in 2024 and 2025, and OPERATION FUEL at $20,000 in 2023.

    What Ion Bank Foundation Funds

    Recent grantmaking spans annual United Way campaign support, homelessness outreach and supportive housing, and emergency financial assistance. Notable grants include UNITED WAY OF GREATER WATERBURY for $60,000 in 2023 for a homelessness initiative and $70,000 in 2025 for boosting services for guests at South Park. UNITED WAY OF NAUGATUCK & BEACON FALLS received $104,000 in 2025 for economic empowerment programs. Other grants reflect community fundraising and local service support, including CONNECTICUT COMMUNITY FOUNDATION for Give Local at $41,588 in 2025 and WATERBURY PROMISE INC for $25,000 in 2024 and $25,000 in 2025.

    How Ion Bank Foundation Gives

    ION BANK FOUNDATION INC gives through competitive grant rounds, annual community awards, and designated or campaign-style contributions. Its typical grant size is $200 at the 25th percentile, $550 at the median, and $2,500 at the 75th percentile, although recent awards include much larger campaign and program grants. The foundation accepts unsolicited applications through its grant program and competitive grant rounds. Recent grants show recurring support for local nonprofit organizations, municipal public-purpose projects, and religious organizations seeking nonsectarian support, with annual and repeated funding to the same recipients.

    Oportunidades de Subvenciones Abiertas

    Financiamiento actual y próximo de Ion Bank Foundation al que tu organización sin fines de lucro podría postularse.

    Abierta ahoraCierra en 20 días (17 jul 2026)

    Grant Application and Guidelines

    community bettermentlocal community support

    ¿Quién puede postularse? Applicant must be a nonprofit recognized under Section 501(c)(3) of the Internal Revenue Code, a municipal entity seeking a grant for public purposes, or a religious organization seeking a grant for nonsectarian projects primarily associated with foundation priorities. Applicants must be in or serving communities within Ion Bank's defined CRA assessment area.

    Fecha límite: Grant Round #1 closed (meeting April 2026). Grant Round #2 accepting grants 4/9/26–7/17/2026 (meeting August 2026). Grant Round #3 accepting grants 8/13/26–10/09/2026 (meeting November 2026). Review and decision-making takes approximately 3 weeks from the submission deadline.

    Ver y postularse

    Financial Snapshot

    Annual Giving

    $991K

    Total Assets

    $14.8M

    Total Revenue

    $2.8M

    Total Expenses

    $1.1M

    Typical Grant Size

    Most grants fall between $200 and $3K, with a median of $550.

    25th Percentile

    $200

    Median

    $550

    75th Percentile

    $3K

    Geographic Reach

    Local8 states funded

    About 97% of grants go to recipients in CT.

    Intensidad de financiamiento
    Baja
    Alta
    Sede

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    Política de privacidadTérminos de servicioEstado del sistema
    EIN: 06-1513293
    3 declaraciones registradas
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    Latina/Latino community programs

    Giving Approach

    Highly concentrated, local-focused giving: only three grants totaling $333,000 with repeated, sizable annual campaign contributions (two grants) to the same United Way chapter and a single large gift to a neighboring United Way. Grants are large, unrestricted campaign gifts rather than many small or program-specific awards.

    Funding Style

    annual campaign / general operating supportevent & corporate sponsorshipsmatching grant / challenge grantrestricted programmatic contributions (direct service)capacity & in-kind support (technology, space)

    Notable grantees: United Way of Naugatuck & Beacon Falls, United Way of Greater Waterbury

    Topics

    homelessness outreach & supportive housingfood security / emergency food distributionhousing stability & homebuyer educationemergency financial assistance (energy, moving, immediate needs)education & literacy (adult literacy, parent engagement, classroom programs)digital access / technology support (laptops, hotspots)arts & community cultural programming

    Where Ion Bank Foundation Makes Grants

    ION BANK FOUNDATION INC gives primarily in Connecticut. The top state by grant count is CT, and 97% of grants go to recipients in its headquarters state. Recent grants are concentrated in Waterbury, Naugatuck, Cheshire, Shelton, Hartford, and Parsippany, NJ. By country, all recorded recipient grants are in the US. The pattern reflects local Connecticut funding, especially in the Naugatuck Valley and Greater Waterbury areas.

    Frequently Asked Questions About Ion Bank Foundation

    Does ION BANK FOUNDATION INC accept unsolicited applications?

    Yes. The foundation’s grant program and competitive grant rounds are listed as accepting unsolicited applications. Eligible applicants include 501(c)(3) nonprofits, municipal entities seeking public-purpose support, and qualifying religious organizations for nonsectarian projects.

    What does ION BANK FOUNDATION INC typically fund?

    Recent grants show support for United Way campaign contributions, community services, homelessness initiatives, economic empowerment programs, and local nonprofit fundraising. Program descriptions also list community development, general operating and program support, public services, affordable housing and rehabilitation, and public-purpose municipal projects.

    How much does ION BANK FOUNDATION INC give per grant?

    Its typical grant size is $200 at the 25th percentile, $550 at the median, and $2,500 at the 75th percentile. Recent grants include larger awards such as $119,000 to UNITED WAY OF GREATER WATERBURY and $110,000 to UNITED WAY OF NAUGATUCK & BEACON FALLS.

    Where does ION BANK FOUNDATION INC make grants?

    The foundation gives locally, with Connecticut as the top state by grant count and 97% of grants going to recipients in CT. Recent grants also include one recipient in Parsippany, NJ, while the grant program descriptions focus on Connecticut communities in the CRA assessment area.

    Who has ION BANK FOUNDATION INC funded recently?

    Recent grantees include UNITED WAY OF GREATER WATERBURY, UNITED WAY OF NAUGATUCK & BEACON FALLS, CONNECTICUT COMMUNITY FOUNDATION, WATERBURY PROMISE INC, OPERATION FUEL, SAINT MARY'S HOSPITAL FOUNDATION, THE PALACE THEATER GROUP INC, NAUGATUCK YMCA, and NAUGATUCK ECONOMIC DEVELOPMENT CORP.

    Latest 990 Filing

    2025

    Source: IRS Form 990-PF, fiscal year 2025.

    Abierta ahoraCierra en 20 días (17 jul 2026)

    Ion Bank Foundation General Grant Program (Grant Rounds)

    Community developmentLocal nonprofit support / capacityPublic-purpose municipal projects+1 más

    ¿Quién puede postularse? Applicant must be a 501(c)(3) nonprofit, a municipal entity seeking funds for public purposes, or a religious organization seeking funds for nonsectarian projects; must be located in or serve communities within Ion Bank’s CRA assessment area in Connecticut.

    Fecha límite: Grant rounds with specific open and close dates are announced on the Foundation page. (Example rounds: Round #2 Accepting Grants 2026-04-09 – 2026-07-17; Round #3 Accepting Grants 2026-08-13 – 2026-10-09.)

    Ver y postularse
    Abierta ahoraCierra en 20 días (17 jul 2026)Monto: 1 mil US$ – 10 mil US$

    Ion Bank Foundation Competitive & Designated Grants

    Affordable housing and rehabilitationCommunity services (healthcare, education, job training, social services, child care, financial services)Economic development+2 más

    ¿Quién puede postularse? Must be a 501(c)(3) nonprofit, municipal entity seeking funds for public purposes, or religious organization requesting nonsectarian project funding. Must serve Ion Bank’s CRA assessment area (detailed CT towns/regions and Morris County, NJ). Connecticut applicants must possess CT Nonprofit Registration to Solicit Funds (or exemption). Applicant organization must have a board of at least 3 community representatives (majority not employees or relatives).

    Fecha límite: Foundation operates multiple grant rounds per year (examples listed for 2026: Round 1: 1/5/26–3/13/26; Round 2: 4/9/26–7/17/26; Round 3: 8/13/26–10/09/26). Check current-year schedule on the Foundation site.

    Ver y postularse
    Próxima aperturaMonto: Hasta 25 US$

    Community Awards Program

    community supportlocal nonprofits

    ¿Quién puede postularse? Nonprofit organizations must be enrolled in the program to receive donations from customer votes.

    Fecha límite: Voting takes place annually starting in February.

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    Recent Grants

    Most recent grants reported to the IRS.

    RecipientLocationAmountYearPurpose
    UNITED WAY OF NAUGATUCK & BEACON FALLSNAUGATUCK, CT$104,0002025"ECONOMIC EMPOWERMENT PROGRAMS"
    UNITED WAY OF GREATER WATERBURYWATERBURY, CT$70,0002025"BOOSTING SERVICES FOR GUESTS AT SOUTH PARK"
    UNITED WAY OF GREATER WATERBURYWATERBURY, CT$48,9002025"ANNUAL EMPLOYEE COMPAIGN CONTRIBUTIONS"
    CONNECTICUT COMMUNITY FOUNDATIONWATERBURY, CT$41,5882025"GIVE LOCAL"
    CONNECTICUT COMMUNITY FOUNDATIONWATERBURY, CT$25,0002025"COMMUNITY AWARDS 2023"
    WATERBURY PROMISE INCWATERBURY, CT$25,0002025"MATCHING GRANT
    NAUGATUCK YMCANAUGATUCK, CT$16,0002025"DINNER SPONSORSHIP"
    UNITED WAY OF GREATER WATERBURYWATERBURY, CT$15,0002025"COMMUNITY AWARDS 2023"
    NAUGATUCK ECONOMIC DEVELOPMENT CORPNAUGATUCK, CT$11,0002025"CONTRIBUTION"
    GRIFFIN HOSPITAL DEVELOPMENT FUND INCDERBY, CT$11,0002025"RELAY FOR LIFE GREATER WATERBURY"
    ECUMENICAL FOOD BANK INCNAUGATUCK, CT$10,0002025"EQUITY MATCH GRANT PROGRAM"
    CAREER RESOURCES INCBRIDGEPORT, CT$10,0002025"SPONSORSHIP"
    WOMENS BUSINESS DEVELOPMENT COUNCIL INCSTAMFORD, CT$10,0002025"LIFELINE FUND: IMMEDIATE SUPPORT FOR SENIORS"
    POLICE ATHLETIC LEAGUE OF PARSIPPANY-TROY HILLSPARSIPPANY, NJ$10,0002025"SYMPHONY SUPPORT"
    UNITED WAY OF CENTRAL AND NORTHEASTERN CONNECTICUTHARTFORD, CT$10,0002025"DONATION"
    ELIM PARK BAPTIST HOME INCCHESHIRE, CT$10,0002025"DANCING WITH THE STARS"
    ST VINCENT DEPAUL MISSION OF WATERBURYWATERBURY, CT$10,0002025"DONATION"
    THE SALVATION ARMYWATERBURY, CT$10,0002025"DONATION"
    OPERATION FUELHARTFORD, CT$10,0002025"FOOD FOR THE HOLIDAYS"
    GREATER WATERBURY INTERFAITH MINISTRIES INCWATERBURY, CT$10,0002025"DONATION"
    JERSEY BATTERED WOMES SERVICES INCMORRISTOWN, NJ$8,0002025"PARENT AND COMMUNITY PROGRAM"
    NEW JERSEY ANGELSJACKSON TOWNSHIP, NJ$7,5002025"HELPING HEARTS HEAL"
    HANDS ON HARTFORD INCHARTFORD, CT$7,5002025"DAY SUPPORT - AMERICAN SIGH LANGUAGE COURSE"
    SEVEN ANGELS THEATREWATERBURY, CT$7,5002025"A NIGHT AT THE CLUB"
    NAUGATUCK AMBULANCE INCNAUGATUCK, CT$7,5002025"LAPTOP/HOTSPOT SUPPORT"
    UNITED WAY OF GREATER NEW HAVENNEW HAVEN, CT$7,0002025"DONATION"
    VALLEY UNITED WAYSHELTON, CT$6,0002025"DONATION"
    UNITED WAY OF NORTHERN NEW JERSEYBRIDGEWATER, NJ$6,0002025"IN MEMORY OF GEOFFREY DRAWBRIDGE"
    KELLY'S KIDS INCPROSPECT, CT$5,0002025"COMMUNITY AWARDS 2024"
    JANE DOE NO MORE INCNAUGATUCK, CT$5,0002025"ANNUAL SUPPORT AND 5K"
    AMERICA'S GROW-A-ROWPITTSTOWN, CT$5,0002025"BTS PATHWAYS TO SUCCESS CAREER INCUBAT"
    PRUDENCE CRANDALL CENTER INCNEW BRITAIN, CT$5,0002025"OAK HILL CAMPING & RECREATION"
    LINCOLN PARK PALLINCOLN PARK, NJ$5,0002025"PROGRAM SUPPORT"
    KELLY'S KIDS INCPROSPECT, CT$5,0002025"INTERIOR CLASSROOM"
    WATERBURY BRIDGE TO SUCCESS PARTNERSHIPWATERBURY, CT$5,0002025"NELSON HALL PERFORMING ARTS"
    50CAN INCWASHINGTON, DC$5,0002025"DISASTER CYCLE SERVICES"
    COMMUNITY SOLUTIONS INCWATERBURY, CT$5,0002025WINNING CIRCLES SERIES: FINANCIAL LITERACY"
    BRIAN GIBBONS HOMELESS OUTREACH INCWATERBURY, CT$5,0002025"ASAP! ADVENTURES"
    FARMINGTON VILLAGE GREEN & LIBRARY ASSOCIATION INCFARMINGTON, CT$5,0002025"FUTURE BANKERS CAMP & FINANCIAL PROFESSIONAL"
    CENTER FOR FINANCIAL TRAINING INTERNATIONALNAUGATUCK, CT$5,0002025"FREE PUBLIC CONCERTS"
    NEW HORIZONS INCUNIONVILLE, CT$5,0002025"RECREATIONAL ACTIVITES FOR THE STTAR HO"
    POLICE ACTIVITY LEAGUE OF WATERBURY INCWATERBURY, CT$5,0002025"TECHNOLOGY SUPPORT"
    CHILDREN IN PLACEMENTNEW HAVEN, CT$5,0002025"COMMUNITY AWARDS 2024"
    MIDWEST FOOD BANK NEW ENGLANDMANCHESTER, CT$5,0002025"GREATER HARTFORD MEDICAL LEGAL PARTNERSHIP"
    BRIDGEPORT HOSPITAL FOUNDATION INCBRIDGEPORT, CT$5,0002025"FIGHT ON FUND DONATION"
    BIG BROTHERS BIG SISTERS OF CT INCHARTFORD, CT$5,0002025"CONNECTICUT BREAT HEALTH EDUCATION"
    YWCA NEW BRITAINNEW BRITAIN, CT$5,0002025"ANNUAL EMPLOYEE COMPAIGN CONTRIBUTIONS"
    UNITED WAY OF MERIDEN & WALLINGFORD INCMERIDEN, CT$5,0002025"DONATION"
    CCS CHILDREN'S COMMUNITY SCHOOLWATERBURY, CT$5,0002025"PROJECT LEARN PROGRAM"
    CT PARTNERSHIP FOR CHILDREN INCNAUGATUCK, CT$5,0002025"CHOICES PROGRAM"

    UNITED WAY OF NAUGATUCK & BEACON FALLS

    $104,000
    NAUGATUCK, CT2025

    "ECONOMIC EMPOWERMENT PROGRAMS"

    UNITED WAY OF GREATER WATERBURY

    $70,000
    WATERBURY, CT2025

    "BOOSTING SERVICES FOR GUESTS AT SOUTH PARK"

    UNITED WAY OF GREATER WATERBURY

    $48,900
    WATERBURY, CT2025

    "ANNUAL EMPLOYEE COMPAIGN CONTRIBUTIONS"

    CONNECTICUT COMMUNITY FOUNDATION

    $41,588
    WATERBURY, CT2025

    "GIVE LOCAL"

    CONNECTICUT COMMUNITY FOUNDATION

    $25,000
    WATERBURY, CT2025

    "COMMUNITY AWARDS 2023"

    WATERBURY PROMISE INC

    $25,000
    WATERBURY, CT2025

    "MATCHING GRANT

    NAUGATUCK YMCA

    $16,000
    NAUGATUCK, CT2025

    "DINNER SPONSORSHIP"

    UNITED WAY OF GREATER WATERBURY

    $15,000
    WATERBURY, CT2025

    "COMMUNITY AWARDS 2023"

    NAUGATUCK ECONOMIC DEVELOPMENT CORP

    $11,000
    NAUGATUCK, CT2025

    "CONTRIBUTION"

    GRIFFIN HOSPITAL DEVELOPMENT FUND INC

    $11,000
    DERBY, CT2025

    "RELAY FOR LIFE GREATER WATERBURY"

    ECUMENICAL FOOD BANK INC

    $10,000
    NAUGATUCK, CT2025

    "EQUITY MATCH GRANT PROGRAM"

    CAREER RESOURCES INC

    $10,000
    BRIDGEPORT, CT2025

    "SPONSORSHIP"

    WOMENS BUSINESS DEVELOPMENT COUNCIL INC

    $10,000
    STAMFORD, CT2025

    "LIFELINE FUND: IMMEDIATE SUPPORT FOR SENIORS"

    POLICE ATHLETIC LEAGUE OF PARSIPPANY-TROY HILLS

    $10,000
    PARSIPPANY, NJ2025

    "SYMPHONY SUPPORT"

    UNITED WAY OF CENTRAL AND NORTHEASTERN CONNECTICUT

    $10,000
    HARTFORD, CT2025

    "DONATION"

    ELIM PARK BAPTIST HOME INC

    $10,000
    CHESHIRE, CT2025

    "DANCING WITH THE STARS"

    ST VINCENT DEPAUL MISSION OF WATERBURY

    $10,000
    WATERBURY, CT2025

    "DONATION"

    THE SALVATION ARMY

    $10,000
    WATERBURY, CT2025

    "DONATION"

    OPERATION FUEL

    $10,000
    HARTFORD, CT2025

    "FOOD FOR THE HOLIDAYS"

    GREATER WATERBURY INTERFAITH MINISTRIES INC

    $10,000
    WATERBURY, CT2025

    "DONATION"

    JERSEY BATTERED WOMES SERVICES INC

    $8,000
    MORRISTOWN, NJ2025

    "PARENT AND COMMUNITY PROGRAM"

    NEW JERSEY ANGELS

    $7,500
    JACKSON TOWNSHIP, NJ2025

    "HELPING HEARTS HEAL"

    HANDS ON HARTFORD INC

    $7,500
    HARTFORD, CT2025

    "DAY SUPPORT - AMERICAN SIGH LANGUAGE COURSE"

    SEVEN ANGELS THEATRE

    $7,500
    WATERBURY, CT2025

    "A NIGHT AT THE CLUB"

    NAUGATUCK AMBULANCE INC

    $7,500
    NAUGATUCK, CT2025

    "LAPTOP/HOTSPOT SUPPORT"

    UNITED WAY OF GREATER NEW HAVEN

    $7,000
    NEW HAVEN, CT2025

    "DONATION"

    VALLEY UNITED WAY

    $6,000
    SHELTON, CT2025

    "DONATION"

    UNITED WAY OF NORTHERN NEW JERSEY

    $6,000
    BRIDGEWATER, NJ2025

    "IN MEMORY OF GEOFFREY DRAWBRIDGE"

    KELLY'S KIDS INC

    $5,000
    PROSPECT, CT2025

    "COMMUNITY AWARDS 2024"

    JANE DOE NO MORE INC

    $5,000
    NAUGATUCK, CT2025

    "ANNUAL SUPPORT AND 5K"

    AMERICA'S GROW-A-ROW

    $5,000
    PITTSTOWN, CT2025

    "BTS PATHWAYS TO SUCCESS CAREER INCUBAT"

    PRUDENCE CRANDALL CENTER INC

    $5,000
    NEW BRITAIN, CT2025

    "OAK HILL CAMPING & RECREATION"

    LINCOLN PARK PAL

    $5,000
    LINCOLN PARK, NJ2025

    "PROGRAM SUPPORT"

    KELLY'S KIDS INC

    $5,000
    PROSPECT, CT2025

    "INTERIOR CLASSROOM"

    WATERBURY BRIDGE TO SUCCESS PARTNERSHIP

    $5,000
    WATERBURY, CT2025

    "NELSON HALL PERFORMING ARTS"

    50CAN INC

    $5,000
    WASHINGTON, DC2025

    "DISASTER CYCLE SERVICES"

    COMMUNITY SOLUTIONS INC

    $5,000
    WATERBURY, CT2025

    WINNING CIRCLES SERIES: FINANCIAL LITERACY"

    BRIAN GIBBONS HOMELESS OUTREACH INC

    $5,000
    WATERBURY, CT2025

    "ASAP! ADVENTURES"

    FARMINGTON VILLAGE GREEN & LIBRARY ASSOCIATION INC

    $5,000
    FARMINGTON, CT2025

    "FUTURE BANKERS CAMP & FINANCIAL PROFESSIONAL"

    CENTER FOR FINANCIAL TRAINING INTERNATIONAL

    $5,000
    NAUGATUCK, CT2025

    "FREE PUBLIC CONCERTS"

    NEW HORIZONS INC

    $5,000
    UNIONVILLE, CT2025

    "RECREATIONAL ACTIVITES FOR THE STTAR HO"

    POLICE ACTIVITY LEAGUE OF WATERBURY INC

    $5,000
    WATERBURY, CT2025

    "TECHNOLOGY SUPPORT"

    CHILDREN IN PLACEMENT

    $5,000
    NEW HAVEN, CT2025

    "COMMUNITY AWARDS 2024"

    MIDWEST FOOD BANK NEW ENGLAND

    $5,000
    MANCHESTER, CT2025

    "GREATER HARTFORD MEDICAL LEGAL PARTNERSHIP"

    BRIDGEPORT HOSPITAL FOUNDATION INC

    $5,000
    BRIDGEPORT, CT2025

    "FIGHT ON FUND DONATION"

    BIG BROTHERS BIG SISTERS OF CT INC

    $5,000
    HARTFORD, CT2025

    "CONNECTICUT BREAT HEALTH EDUCATION"

    YWCA NEW BRITAIN

    $5,000
    NEW BRITAIN, CT2025

    "ANNUAL EMPLOYEE COMPAIGN CONTRIBUTIONS"

    UNITED WAY OF MERIDEN & WALLINGFORD INC

    $5,000
    MERIDEN, CT2025

    "DONATION"

    CCS CHILDREN'S COMMUNITY SCHOOL

    $5,000
    WATERBURY, CT2025

    "PROJECT LEARN PROGRAM"

    CT PARTNERSHIP FOR CHILDREN INC

    $5,000
    NAUGATUCK, CT2025

    "CHOICES PROGRAM"