Jewett City Savings Bank Foundation Grant

The Jewett City Savings Bank Foundation, Inc., established by Jewett City Savings Bank, is a philanthropic entity committed to reinforcing the bank’s mission of community support. Since its inception, the Foundation has served as a channel through which the Bank fulfills its social responsibility by investing in the well-being and advancement of the communities it serves. The Foundation supports a wide array of charitable, educational, and benevolent initiatives across Jewett City Savings Bank’s defined market area, which includes communities where the bank has a significant presence. The primary goal of the Foundation is to fund activities that have a tangible impact on local community life. Grants awarded by the Foundation are intended to support non-profit organizations that align with its community-centric mission. These grants may be used for general operating support, existing programs, special initiatives, or to assist with the launch of new endeavors. A particular emphasis is placed on organizations that provide direct services to low- to moderate-income households, support housing development and maintenance for such populations, or contribute to the overall quality of life in the region. Funding decisions are made by the Foundation’s Board of Directors, who assess each grant application based on demonstrated need, resource availability, and organizational alignment with the Foundation’s goals. While the availability of funding is dependent on the Foundation’s earnings and resources, the maximum award per grant is capped at $5,000. This grantmaking strategy ensures broad distribution of support while maintaining financial sustainability. The Foundation accepts applications annually, with a submission window open from July 1 through August 31. All applicants must complete and submit their materials within this timeframe. Successful applicants will be notified of their funding status by mail, and disbursement of grant funds will occur by December 31 of the same year. There is no provision for rolling submissions; all applications must be received during the specified period for consideration. Eligibility is strictly limited to organizations that qualify under IRS Code Section 501(c)(3) or are governmental units under Section 170(c)(1). The Foundation also prioritizes applications from organizations that have received prior support, are located in the defined market area, or provide critical services to underserved populations within that area. Funding is not available to individuals, sports-related organizations, individual schools, or religious groups. For inquiries, applicants can reach the Foundation through Jewett City Savings Bank’s main office, located at 111 Main Street, Jewett City, CT 06351. Additional information may be obtained by calling 860-376-4444 or by visiting one of the bank's branches. The Foundation’s transparent and structured application process reflects its dedication to maintaining fair and community-oriented grant practices.