Ion Bank Foundation Inc

EIN 06-1513293 · CT · NTEE T22Z

Accepts unsolicited applications Typical grant ~$525 Funds in CT, NJ, NY +2
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Giving Profile

In 2025, Ion Bank Foundation Inc based in CT paid 419 grants totaling $1M to 344 organizations across 5 states. Individual grants ranged from $100 to $105K, with a median of $525. Its largest recipients included UNITED WAY OF NAUGATUCK & BEACON FALLS, UNITED WAY OF GREATER WATERBURY, and CONNECTICUT COMMUNITY FOUNDATION. The foundation accepts unsolicited grant applications.

Foundation at a Glance

Total assets
$15,263,658
Giving (latest yr)
$1,049,082
Filing year
2025
Itemized grants
419
Median grant
$525
Recipients
344
States reached
5
Officers/trustees
14
Unsolicited applications
Yes — accepts unsolicited

Where the Money Goes

Top recipients

  • United Way of Naugatuck & Beacon Falls$105,375
  • United Way of Greater Waterbury$99,100
  • Connecticut Community Foundation$79,209
  • Waterbury Promise Inc$27,500
  • Griffin Hospital$25,125

Where grants went

  • Connecticut$963,557 · 389 grants
  • New Jersey$66,925 · 23 grants
  • New York$14,100 · 4 grants
  • District of Columbia$3,500 · 2 grants
  • Massachusetts$1,000 · 1 grant

Grants Paid (419)

United Way of Naugatuck & Beacon Falls
Naugatuck, CT
Er Match Uw Campaign
$105,000
United Way of Greater Waterbury
Waterbury, CT
Er Match Uw Campaign
$80,000
Connecticut Community Foundation
Waterbury, CT
Give Local 2025
$49,209
Connecticut Community Foundation
Waterbury, CT
"Impact Now Fund"
$30,000
Griffin Hospital
Derby, CT
"Launch of the Empath ((Emergency Psyc"
$25,000
Waterbury Promise Inc
Waterbury, CT
"Scholarship Support"
$25,000
Acts 4 Ministry
Waterbury, CT
"New Box Truck With Ion Logo"
$15,000
Fair Haven Community Health Clinic Inc
New Haven, CT
Building Health, Strengthening Community
$15,000
United Way of Greater Waterbury
Waterbury, CT
"Sponsorship"
$15,000
Montville Township First Aid Squad Inc
Montville, NJ
"Purchase of Automated Chest Compression"
$13,000
United Way of Central and Northeastern Connecticut
Hartford, CT
Er Match Uw Campaign
$13,000
Naugatuck Economic Development Corp
Naugatuck, CT
Donation
$11,000

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FAQFrequently Asked Questions

Yes. Ion Bank Foundation Inc accepts unsolicited grant applications. Review its giving history and stated focus before reaching out.

Ion Bank Foundation Inc is classified as a Public & Societal Benefit funder. Civil rights, community improvement, philanthropy, science, and public-policy. Its recent grants reached organizations across 5 states.

In its most recent filing, Ion Bank Foundation Inc reported 419 itemized grants totaling $1M. Individual grants ranged from $100 to $105K (median $525).

Recent recipients include UNITED WAY OF NAUGATUCK & BEACON FALLS, UNITED WAY OF GREATER WATERBURY, CONNECTICUT COMMUNITY FOUNDATION, among 344 organizations in total. The full grant list is on this page.

Ion Bank Foundation Inc is a private foundation based in Connecticut, per its IRS 990-PF filing.

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