Private foundation (trust)EIN 061513293Est. 1998-12
ION BANK FOUNDATION INC
NAUGATUCK, CT 06770
Accepts unsolicited proposalsTotal Assets
$14.0M
FY 2023
Annual Giving
$1.2M
FY 2023
Grants Made
426
FY 2023
Avg Grant
$3K
FY 2023
Grant Range
$39–$119K
Typical
Deadlines
See attached grant guidelines (availab…
Applications
Focus Areas
Financial Snapshot
2023 filing
Total Revenue
$837K
Total Expenses
$1.3M
Qualifying Distributions
$1.2M
Distributable Amount
$629K
Min. Investment Return
$639K
Payout rate
Qualifying distributions as a share of distributable amount.
Grant Range
426 grants
Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.
Giving Over Time
2 years
Total dollars recorded per filing year. Scale adjusts to the foundation's range.
Top Recipients
500 grants
Grant Size Distribution
500 grants
Geographic Focus
6 states
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