Commitment to Community

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 through the support of economic development, neighborhood renewal and education programs.

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History & Mission

In 2018 Torrington Savings Bank funded the Torrington Savings Foundation, in recognition of the Bank’s 150th anniversary and its commitment to community. 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 through the support of economic development, neighborhood renewal and education programs.

Areas of Focus

Torrington Savings Foundation supports grants that drive Economic Development through Neighborhood Revitalization and Education.

Neighborhood Revitalization

The Foundation fosters economic development through the support of nonprofit organizations and activities that strive to rehabilitate blighted neighborhoods, promote affordable housing & home ownership, and reduce homelessness.

Education

The Foundation focuses on two areas of education that will build knowledge, financial independence and family and small business development.

Education programs that supplement K-12 classroom activities
Financial literacy, counseling & training for individuals of all ages

Eligibility Requirements

Registered as a 501(c)(3) organization or have a 501(c)(3) fiscal agent/sponsor
Aligned with our mission and areas of focus
An organization in existence for at least 1 year with demonstrable impact
Operate within the Foundation catchment area:

Avon, Barkhamsted, Bristol, Burlington, Canaan, Canton, Colebrook, Cornwall, East Granby, Farmington, Goshen, Granby, Hartland, Harwinton, Kent, Litchfield, New Hartford, Norfolk, North Canaan, Salisbury, Sharon, Simsbury, Torrington, Warren, and Winchester

APPLICATION GUIDELINES

In addition to the eligibility requirements, application guidelines are as follows:

Only one application per 12-month period may be submitted
Requests for multi-year commitments will not be considered
Returning grantees must submit a report on the progress and impact of previous grant
Grant requests will only be accepted electronically via our online application system