Overview
The Ives Bank Foundation Inc, formerly known as Savings, is based in Danbury, Connecticut. It operates with assets totaling $3,043,097 and reported expenses of $297,940 against a revenue of $289,671. The foundation focuses on funding initiatives in various areas including arts and culture, education, health, community and economic development, housing development, and human services. It supports projects primarily in Connecticut, with some funding extended to South Carolina. The foundation has a broad reach, funding cities such as Danbury, Hartford, New Haven, and Stamford, among others. The board comprises several directors, including Martin Morgado as Chairman and Director, and Stacy Singer as Community Development Officer and Director. All board members work on a voluntary basis without compensation. The foundation's website is www.sbdanbury.com/sbd foundation.
Focus areas
Geographic focus
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Financials
in 2024, compared to $3,051,366 in 2023
107 grants awarded in 2024
Of total expenses go to programs
Grants
| Purpose | Location | |||
|---|---|---|---|---|
| $17,500 | LATINO SCHOLARSHIP FUND INC | EXEMPT PURPOSES | PO BOX 3355 DANBURY, CT US | 2024 |
| $10,500 | THE SALVATION ARMY | EXEMPT PURPOSES | 15 FOSTER ST DANBURY, CT US | 2022 |
| $7,500 | REGIONAL HOSPICE AND HOME CARE OF WESTERN CONNECTICUT INC | EXEMPT PURPOSES | 30 MILESTONE ROAD DANBURY, CT US | 2024 |
| $7,000 | JERICHO PARTNERSHIP INC | EXEMPT PURPOSES | 13 ROSE ST DANBURY, CT US | 2022 |
| $6,500 | THE SALVATION ARMY | EXEMPT PURPOSES | 15 FOSTER ST DANBURY, CT US | 2023 |
| $6,500 | THE SALVATION ARMY - DANBURY | EXEMPT PURPOSES | 15 FOSTER ST DANBURY, CT US | 2024 |
| $5,500 | GREATER WATERBURY INTERFAITH MINISTRIES INC | EXEMPT PURPOSES | 770 EAST MAIN ST WATERBURY, CT US | 2023 |
| $5,000 | ANN'S PLACE INC | EXEMPT PURPOSES | 80 SAW MILL RD DANBURY, CT US | 2022 |
| $5,000 | CHRISTIAN COUNSELING CENTER OF GREATER DANBURY INC | EXEMPT PURPOSES | 2 OLD NEW MILFORD ROAD SUITE 2A BROOKFIELD, CT US | 2022 |
| $5,000 | DAILY BREAD AN ECUMENICAL FOOD PANTRY INC | EXEMPT PURPOSES | 25 WEST STREET DANBURY, CT US | 2022 |
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People
Compensation data from most recent available 990 forms
| Title | |||
|---|---|---|---|
| MARTIN MORGADO | CHAIRMAN/DIRECTOR | $0 | 2022 |
| DAVID H WOESSNER | TREASURER & SECRETARY/DIRECTOR | $0 | 2022 |
| HAROLD C WIBLING | DIRECTOR | $0 | 2022 |
| DONALD D MITCHELL | DIRECTOR | $0 | 2022 |
| JUNE RENZULLI | DIRECTOR | $0 | 2022 |
| BETHANN FETZER | COMMUNITY DEVELOPMENT OFFICER/DIRECTOR | $0 | 2022 |
| GARY W HAWLEY | DIRECTOR | $0 | 2022 |
| DIANNE YAMIN | DIRECTOR | $0 | 2022 |
| BETTY HENSAL | DIRECTOR | $0 | 2022 |
| EDWARD RONAN | DIRECTOR | $0 | 2022 |
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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer
View on ProPublica Nonprofit ExplorerLast updated on August 25, 2025