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SBD Foundation

SBD Foundation
Women's Mentoring Network

Supporting our community by contributing to the organizations that are an essential part of our daily lives.

As a Connecticut community bank, we are proud to support our local communities. 

The Savings Bank of Danbury Foundation awarded $301,350 to 113 organizations in 21 communities in 2023. These grants represent a 9% increase over 2022 grants making this the foundations largest award year to date. We are proud to support these outstanding organizations. These agencies address many critical needs in the areas of Affordable Housing, Arts and Culture, Community Service and Economic Development, Education and Health and Human Service.

The Savings Bank of Danbury is proud of our commitment to provide financial support to organizations vital to the well-being, growth and prosperity in the communities we serve. The emphasis of our donations was in the areas of food insecurity, housing and mental health.

We extend our heartfelt thanks and gratitude to these outstanding agencies, their staff and volunteers. They work tirelessly every day to ensure that our communities are better places to live and work. Individuals and families can reach out to agencies when in need 24 hours a day, 7 days a week.

Mission

Our mission is to help strengthen our local communities by providing grants to organizations that are vital to the well-being, growth and prosperity of the places in which we live and work. Since its inception in 2004, the Foundation has donated over $3 million to area non-profit organizations.

The Savings Bank of Danbury Foundation was established to provide grants to eligible 501(c)(3) tax-exempt organizations in five primary areas:

  • Affordable Housing
  • Arts & Culture
  • Community & Economic Development
  • Education
  • Health & Human Services

The Foundation Grants Committee meets once a year to review requests. Awards are made to eligible 501(c)(3) tax-exempt organizations. The 2024 Foundation Grant Application will be available in the summer of 2024. Any organization interested in being considered should review the Foundation Guidelines and Instructions listed on the grant request form.

The 2024 SBD Foundation grant application is now open.

Process for Grant Requests

  • Grants will be accepted beginning July 1, 2024 through September 30, 2024. 
  • The grant review and decision-making process takes place in the first quarter of 2025.
  • When decisions have been made, grant applicants will be notified by phone call or letter.

2024 SBD Grant Guidelines
Foundation FAQs
2024 SBD Grant Application

 

Need help with the online application? See the below instructions.

If you meet the Savings Bank of Danbury Grant Guidelines, proceed with your grant application. Click the “?” next to items for further information. You must complete the required grant information in one session.

Under “Description” you will be supplying us with:

Summary: In one paragraph, describe the purpose of the request. What is the target population, location and timeframe? Is it a new, existing, or improved/expanded program? What are the specific, quantifiable results that you plan to achieve?

Organization: In one paragraph, describe your organization; programs/services, geographic focus, client base and mission statement.

Workplan: Describe your plans for implementing the program. Provide a timeline including:

  1. The principal steps that you will take to complete the program.
  2. Benchmark dates (months) when principal activities will be completed.
  3. List the projected results of your program.

Sustainability: What steps has your organization taken, if applicable, to plan for the continuation of this program after the initial grant period?

Following are the required “Attachments” in order for your grant application to be considered for funding:

  1. A copy of your IRS “Determination Letter”
  2. Proposed Project Budget and Narrative: Attach a sheet showing the proposed budget for your project
  3. A copy of your most recent financial statement
  4. A copy of your most recent IRS 990 or 990-N (ePostcard)
  5. Documentation of other funding sources received or requested in support of this program
  6. A list of your current Board of Directors and Officers

For further information about the Savings Bank of Danbury Foundation or to discuss your proposal in greater detail, contact Stacy Singer, Community Development Officer at ssinger@sbdanbury.com.

Past Foundation Recipients
We're thrilled to announce the 2023 recipients of our Foundation grants! These inspiring organizations have been chosen for their hard work and ingenuity in making their communities better. Join us in recognizing their achievements and wishing them success! 
 
 

 

 

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