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Commitment to Community
In 2018 Torrington Savings Bank funded the Torrington Savings Foundation, in recognition of the Bank’s 150th anniversary and its commitment to community.
Learn MoreMission & Areas of Focus
The Torrington Savings Foundation is dedicated to revitalizing the communities that it serves and improving the quality of life for low to moderate income individuals and families. The Foundation supports grants in the following areas of focus: Affordable Housing, Education, and Human Services and Basic Needs programs.
Affordable Housing
- Community development projects
- Development of low/moderate-income housing
- no pre-development requests
- Maintenance and renovation projects
Education
- Education programs that supplement K-12 classroom activities
- pre-literacy, math, science, arts, and social skills programs that are critical to the childhood experience
- Financial literacy, counseling & training for individuals of all ages
- Business educational programs which support family-run or small business development serving the local community
Note: The Foundation’s primary focus areas are affordable housing and education; however, requests for human services and basic needs will be accepted. Grants will be awarded based on primary focus and available grant funds.
Human Services & Basic Needs
Childcare Services
- Access to affordable childcare, after-school enrichment programs, summer camp programs
Food Security
- Access to local meals, food supplies, nutrition education and awareness programs, school/community gardening programs, agricultural programs
Health Equity
- Aging, home care, mental health, senior services, transportation
Homelessness
- Upgrades to/replacements of facilities or equipment that offer education services, employment assistance and wellbeing programs
Frequently Asked Questions
Who is eligible to apply?
Organizations registered as a 501(c)(3) or have a 501(c)(3) fiscal agent/sponsor may apply. The organization must be in existence for a least 1 year with demonstrable impact.
Who do I contact if I have questions?
Please email the Foundation at foundation@torringtonsavings.bank or complete the Contact Us form.
Do the funds have to be used in a specific geographic location?
Yes. The nonprofit must be located in, or operate in communities within the Foundation’s defined assessment area as follows:
Avon, Barkhamsted, Bethlehem, Bridgewater, Bristol, Burlington, Canaan, Canton, Colebrook, Cornwall, East Granby, Farmington, Goshen, Granby, Hartland, Harwinton, Kent, Litchfield, Morris, New Hartford, New Milford, Norfolk, North Canaan, Plymouth, Roxbury, Salisbury, Sharon, Simsbury, Thomaston, Torrington, Warren, Washington, Watertown, Winchester and Woodbury.
What are the grant cycles and deadlines?
- Spring Grant Cycle opens on April 1 and closes on April 30; awards disbursed in late June
How do I submit a grant application?
All applications must be submitted online. During an open grant cycle phase, applications are available online. Check Grant Cycle status.
How much money can I request?
Most requests supported by the Torrington Savings Foundation fall in the $2,500 – $50,000 range. Your funding request should not exceed what is necessary to execute your project.
Can I submit more than one application in a year?
No. Only one may be submitted in a 12-month period (regardless of grant award status). Support in one year does not guarantee support in future years.
Will the Torrington Savings Foundation consider requests from schools?
No; however, requests for programs offered in schools by nonprofit organizations will be considered.
When do I need to submit a report on an existing grant?
Within one year of receiving your grant award, you are required to report on financial expenditures and activities/progress. Reports can be emailed to the Foundation at foundation@torringtonsavings.bank
If the project or program does not take place, do the funds have to be returned to the Foundation or can they be allocated to another project or program?
Grant funds unexpended or uncommitted at the end of the grant period must be returned to the Foundation or receive approval from the Foundation Board to allocate the funds to another project or program.
