Program areas at American Savings Foundation
The American Savings Foundation operates the robert t. kenney scholarship program, which in 2022 distributed $722,115 in scholarships for 437 individual students. The Foundation has significant involvement in the program and provides additional support and guidance to scholarship applicants and recipients, such as advice on applying for financial aid and other available scholarships. In 2021, the Foundation added a scholar assistance program, in partnership with wheeler, to provide access mental health resources for our scholars. The Foundation supports a paid summer internship program, providing grant funding to local nonprofits for career-oriented internships, which are open to recipients of the Foundation's scholarship. Total internship grants in 2022 were $75,276.
As part of the American Savings Foundation support for local after school programs in the city of new britain, ct, the Foundation provides and facilitates access to a common platform for tracking program attendance. This system, cayen afterschool, is used by all the after-school programs funded by the Foundation. The platform is also used for summer enrichment programming hosted by the consolidated school district of new britain, which operates in partnership with local youth programs. Foundation staff provides training to current and new users of the system and helps support accurate reporting and analysis of the data. Over the years, the system has allowed each individual agency to significantly improve program attendance reports and allows the Foundation to track and measure the impact of after school programming. It also saves each agency the individual cost of acquiring and supporting an attendance tracking system. In addition, the Foundation provides direct support for shared tra
Grants made by American Savings Foundation
Personnel at American Savings Foundation
Name | Title | Compensation | Date of data |
---|
Maria A Falvo | President | $224,531 | 2023-07-11 |
Maria Sanchez | Director of Grantmak | $153,887 | 2022-12-31 |
Catriona Horstmann | Manager | $54,308 | 2021-02-19 |
Diane Dunn | Assistant Secretary | $63,120 | 2021-02-19 |
Financials for American Savings Foundation
Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
---|
Total grants, contributions, etc. | $1,000 | $0 | 999% |
Investment income and dividends | $16,426 | $217,649 | -92.5% |
Net rental income | $0 | $0 | - |
Net gain from sale of non-inventory assets | $22,564,503 | $5,910,863 | 281.7% |
Gross sales of inventory | $0 | $0 | - |
Miscellaneous revenues | $4,375 | $5,927 | -26.2% |
Total revenues | $22,586,304 | $6,134,439 | 268.2% |
Organizations like American Savings Foundation
Organization | Type | Location | Revenue |
---|
Sandy Beach Foundation | 501(c)(3) | Boston, MA | $25,251,400 |
Gleason Family Foundation | 501(c)(3) | Pine Grove, CA | $27,930,532 |
Selma E Andrews Trust | 501(c)(3) | Dallas, TX | $7,734,206 |
Hargrove Hudson Charitable Trust XXXXX8005 | 501(c)(3) | Chicago, IL | $6,616,195 |
Robert A Welch Foundation | 501(c)(3) | Houston, TX | $60,351,309 |
The Carmel Hill Fund Education Program | 501(c)(3) | New York, NY | $11,882,919 |
The Katherine and Kamal Agarwal Family Foundation | 501(c)(3) | Reston, VA | $11,862,236 |
Phil Hardin Foundation | 501(c)(3) | Meridian, MS | $9,018,103 |
Volo Foundation | 501(c)(3) | Palm Beach Gardens, FL | $7,029,223 |
Dwoskin Charitable Trust Foundation | 501(c)(3) | Hollywood, FL | $7,232,473 |
Data update history
August 22, 2023
Updated personnel
Identified 3 new personnel
August 19, 2023
Used new vendors
Identified 1 new vendor, including
August 14, 2023
Posted financials
Added Form 990PF for fiscal year 2021
October 2, 2022
Used new vendors
Identified 1 new vendor, including
April 9, 2022
Posted financials
Added Form 990PF for fiscal year 2020
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsState / local levelTax deductible donations
General information
- Address
- 1 Liberty Sq 1st Floor
- New Britain, CT 06051
- Metro area
- Hartford-East Hartford-Middletown, CT
- Website URL
- asfdn.org/Â
- Phone
- (860) 827-2556
IRS details
- EIN
- 30-0308972
- Fiscal year end
- December
- Taxreturn type
- Form 990-PF
- Year formed
- 2005
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- T20: Private Foundations
- NAICS code, primary
- 813211: Grantmaking Foundations
- Parent/child status
- Independent
Free account sign-up
Want updates when American Savings Foundation has new information, or want to find more organizations like American Savings Foundation?
Create free Cause IQ account