Ion Bank Foundation Inc
Accepts applications
Ion Bank Foundation Inc is a private foundation in Naugatuck, Connecticut. In tax year 2025 it gave $1.0 million in 419 grants; the typical grant was $525 and the largest $105,000. It accepts applications; its filing gives the instructions below.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$1.0 million
- Number of grants419
- Typical grant$525
- Largest grant$105,000
- Assets$15.3 million
- New grantees35%
Giving in 2025 was up from $990,922 the year before.
35% of its 2025 grantees had not received a grant from it the year before, a mix of repeat and new grantees.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $1.2 million | 426 | $14.0 million |
| 2024 | $990,922 | 408 | $14.8 million |
| 2025 | $1.0 million | 419 | $15.3 million |
How to apply
| Contact | Kathleen Brochhausen 251 Church St, Naugatuck, CT 06770 |
|---|---|
| Phone or email | (888) 891-4219, grants@ionbank.com |
| What to submit | Applications should be submitted online via the website. |
| Deadlines, restrictions | See grant guidelines available on website. |
Foundation website IRS filings on ProPublica
What Ion Bank Foundation Inc funds
Where it gives
Its grants went to recipients in 5 states, the most to Connecticut.
| State | Grants | Amount |
|---|---|---|
| Connecticut | 389 | $963,557 |
| New Jersey | 23 | $66,925 |
| New York | 4 | $14,100 |
| District of Columbia | 2 | $3,500 |
| Massachusetts | 1 | $1,000 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| United Way of Naugatuck & Beacon Falls | Er match uw campaign | $105,000 |
| United Way of Greater Waterbury | Er match uw campaign | $80,000 |
| Connecticut Community Foundation | Give local 2025 | $49,209 |
| Connecticut Community Foundation | "impact now fund" | $30,000 |
| Griffin Hospital | "launch of the empath ((emergency psyc" | $25,000 |
| Waterbury Promise Inc | "scholarship support" | $25,000 |
| Fair Haven Community Health Clinic Inc | Building health, strengthening community | $15,000 |
| United Way of Greater Waterbury | "sponsorship" | $15,000 |
| Acts 4 Ministry | "new box truck with ion logo" | $15,000 |
| Montville Township First Aid Squad Inc | "purchase of automated chest compression" | $13,000 |
| United Way of Central and Northeastern Connecticut | Er match uw campaign | $13,000 |
| Naugatuck Economic Development Corp | Donation | $11,000 |
| University of Connecticut Foundation Inc | Fight on fund | $10,000 |
| Griffin Hospital Development Fund Inc | "annual support" | $10,000 |
| HT CT Inc | "hang time/choices" | $10,000 |
| Hands on Hartford Inc | "manna community food pantry" | $10,000 |
| Elim Park Baptist Home Inc | "nelson hall performing arts at elim park" | $10,000 |
| Operation Fuel | "emergency energy assistance" | $10,000 |
| Womens Business Development Council Inc | "ignite grant program and entrepreneurial" | $10,000 |
| Ecumenical Food Bank Inc | Donation | $10,000 |
| Greater Waterbury Interfaith Ministries Inc | Donation | $10,000 |
| The Salvation Army | Donation | $10,000 |
| St Vincent Depaul Mission of Waterbury | Donation | $10,000 |
| United Way of Northern New Jersey | Er match uw campaign | $9,000 |
| Farmington Land Trust Inc | "farmington river accessible viewing platform" | $7,500 |
| Police Athletic League of Parsippany-Troy Hills | "games with friends - race to the finish e" | $7,500 |
| Hispanic Coalition of Greater Waterbury Inc | "riba aspira career academy" | $7,500 |
| Prudence Crandall Center Inc | "supportive housing program for survivors" | $7,500 |
| Mattatuck Museum | "mattatuck museum's school's out! Sumr" & "brass button awards" | $6,500 |
| Volunteer Fire Department of Prospect Inc | "prospect volunteer fire department - tra" | $6,000 |
| United Way of Greater New Haven | Er match uw campaign | $6,000 |
| Naugatuck Valley Community College Foundation | Annual leadership breakfast | $5,000 |
| Seven Angels Theatre Hamilton Park Pavilion | "2025 support" | $5,000 |
| Hartford Promise Inc Bulkeley High School | "integrated college success model" | $5,000 |
| Neighborhood Housing Serv of New Haven Inc | "neighborhood revitalization through affo" | $5,000 |
| Greater Waterbury Campership Fund | "campership support" | $5,000 |
| Abilities Without Boundaries | "vehicle signage sponsorship" | $5,000 |
| Advancing Connecticut Together Inc | "beyond vita: advancing financial stability" | $5,000 |
| Brian Gibbons Homeless Outreach Inc | "program support" | $5,000 |
| Scouting America Connecticut Rivers Council | "enhancing camp mattatuck" | $5,000 |
Officers and trustees
- Andrew Skipp
- Charles J Boulier III
- Dana Silva
- David J Rotatori
- David Scelba
- Gary O'Connor
- Ginger Fennell
- Kathleen Brochhausen
- Kalim Jan
- Ray Leonzi
- Kathy Taylor
- Michelle Stronz
- Patrick Charmel
- William Samuelson
Questions people ask
Does Ion Bank Foundation Inc accept grant applications?
Yes. Its latest IRS filing says it accepts applications, with this on deadlines: See grant guidelines available on website..
How much does Ion Bank Foundation Inc give?
$1.0 million in tax year 2025, across 419 grants, with a typical grant of $525.
Who runs Ion Bank Foundation Inc?
Its 2025 filing lists Andrew Skipp (Director), Charles J Boulier III (Director), Dana Silva (Senior Vice President, Secretary) and David J Rotatori (President & Chair) among 14 officers and trustees.
What does Ion Bank Foundation Inc fund?
Based on its grants, mainly human services, community development and education.