The Foundation was established by the American Savings Bank in 1995 to give back to the communities it served for over 140 years. In 2003, the American Savings Foundation became a fully independent private foundation. The Foundation is committed to remaining headquartered in New Britain, keeping the American Savings Foundation name, and continuing to invest in the people and organizations that make our communities strong.
1995 by American Savings Bank, New Britain, CT
Independent private foundation since 2003
Charles J. Boulier III
Maria A. Falvo
$848,707 in college scholarships to 382 American Savings Foundation Scholars in 2023. Over $15 million to 2940 students since 1996
$2.4 million awarded in 2023
$60.5 million since 1996
We support education, human services, and arts & culture through our Program Grants, After School Grants, Community Grants and Capital Grants.
With a core focus in New Britain and Waterbury, American Savings Foundation serves a total of 64 towns throughout Connecticut.
Whether you have a question about obtaining a grant, applying for a scholarship or getting involved, the team at American Savings Foundation is here to help.