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Ion Bank Foundation INC

EIN: 06-1513293 • Naugatuck, CT
Total Assets
$15.3M
Foundation endowment scale
Annual Giving
$1M
Annual capital distribution
Typical Grant
$525
Most grants: $150 – $3K
Application Status
Invitation Only
Rolling review

About Ion Bank Foundation INC Grantmaking

Ion Bank Foundation INC is an institutional grantmaking foundation headquartered in Naugatuck, CT (EIN: 06-1513293). According to verified IRS Form 990-PF filings, the foundation maintains $15.3M in total assets and distributed $1M across 1,603 grants. Its typical award size is $525, with the middle 50% of awards falling between $150 and $3K. Its primary funding focus includes Philanthropy & Grantmaking (37%), Human Services & Relief (27%), Education & Literacy (13%), with the highest concentration of grants awarded in CT (95%) and NJ (4%).

Top Funded Causes% Capital
Philanthropy & Grantmaking37%
$422K deployed67 awards
Human Services & Relief27%
$306K deployed126 awards
Education & Literacy13%
$149K deployed76 awards
Health Care & Medical Research12%
$135K deployed43 awards
Arts, Culture & Humanities12%
$134K deployed82 awards
Top Recipient States% Dollars
CT State Recipients95%
$4M funded1,535 grants
NJ State Recipients4%
$157K funded46 grants
NY State Recipients0%
$17K funded9 grants
DC State Recipients0%
$14K funded5 grants
MA State Recipients0%
$9K funded5 grants
Grant Size DistributionAward Scale
Major Grants ($100K+)0%
5 large institutional grants
Mid-Sized ($25K–$100K)1%
14 standard program grants
Micro & Small (<$25K)99%
1,584 grassroots micro-awards
Application Guidelines & DeadlinesPublic Filing Data
Application Policy
Invitation Only / Preselected Grantees
Submission Deadlines

Quarterly review cycles. Applications accepted continuously.

Geographic Focus & Restrictions

Priority given to organizations registered and operating in CT or regional districts.

Program Officer & Direct Contacts

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Recent Grant AwardsShowing 5 of 1,603 verified awards
Recipient OrganizationLocationTax YearAward AmountGrant Purpose
United Way of Naugatuck & Beacon FallsNaugatuck, CT2025$105,000Er match uw campaign
United Way of Greater WaterburyWaterbury, CT2025$80,000Er match uw campaign
Connecticut Community FoundationWaterbury, CT2025$49,209Give local 2025
Connecticut Community FoundationWaterbury, CT2025$30,000"impact now fund"
Griffin HospitalDerby, CT2025$25,000"launch of the empath ((emergency psyc"
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Frequently Asked Questions about Ion Bank Foundation INC

Does Ion Bank Foundation INC accept unsolicited grant proposals?

Ion Bank Foundation INC operates on an invitation-only basis and primarily funds preselected organizations. Direct unsolicited applications are not currently reviewed.

What is the typical grant size from Ion Bank Foundation INC?

The median grant size from Ion Bank Foundation INC is $525, with the middle 50% of awards ranging between $150 and $3K.

What causes does Ion Bank Foundation INC fund?

Over recent Form 990-PF filings, Ion Bank Foundation INC's primary funding areas have been Philanthropy & Grantmaking, Human Services & Relief, Education & Literacy.

How do I contact Ion Bank Foundation INC about a grant?

Ion Bank Foundation INC is headquartered in Naugatuck, CT. Verified NPO Grant subscribers can access direct program officer telephone extensions, primary office numbers, and detailed submission guidelines.