Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2024
Open to Public Inspection
For calendar year 2024, or tax year beginning 01-01-2024 , and ending 12-31-2024
Name of foundation
LIBERTY BANK FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)245 LONG HILL ROAD
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MIDDLETOWN, CT06457
A Employer identification number

06-1479957
B Telephone number (see instructions)

(860) 638-2961
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$43,082,367J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 4,899
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 850,641 850,641  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,894,980
b Gross sales price for all assets on line 6a 15,454,691
7 Capital gain net income (from Part IV, line 2)... 1,894,980
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 2,750,520 2,745,621  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
236,738 236,738   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
11,198 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
8,550 0   8,550
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 256,486 236,738   8,550
25 Contributions, gifts, grants paid....... 2,072,056 2,072,056
26 Total expenses and disbursements. Add lines 24 and 25 2,328,542 236,738   2,080,606
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 421,978
b Net investment income (if negative, enter -0-) 2,508,883
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 1,336,557 1,045,340 1,045,340
2 Savings and temporary cash investments.........      
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 27,040,967 Click to see attachment
List of Attached Documents:
// Content
28,942,818 		28,942,818
c Investments—corporate bonds (attach schedule)....... 12,439,265 Click to see attachment
List of Attached Documents:
// Content
13,094,209 		13,094,209
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 40,816,789 43,082,367 43,082,367
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
934 		Click to see attachment
List of Attached Documents:
// Content
12,133
23 Total liabilities (add lines 17 through 22)......... 934 12,133
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 40,815,855 43,070,234
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 40,815,855 43,070,234
30 Total liabilities and net assets/fund balances (see instructions). 40,816,789 43,082,367
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
40,815,855
2
Enter amount from Part I, line 27a .....................
2
421,978
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
1,832,401
4
Add lines 1, 2, and 3 ..........................
4
43,070,234
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
43,070,234
Form 990-PF (2024)
Form 990-PF (2024)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a RAYMOND INVESTMENT GAINS P    
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 15,454,691   13,559,711 1,894,980
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       1,894,980
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 1,894,980
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 34,873
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 34,873
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 34,873
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 22,740
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 13,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 35,740
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 867
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow867 Refundedright arrow 11 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
 
No
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowCT
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowWWW.LIBERTY-BANK.COM
14
The books are in care ofright arrowLINA CURTIN Telephone no.right arrow (860) 638-2961

Located atright arrow245 LONG HILL ROADMIDDLETOWNCT ZIP+4right arrow06457
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
Yes
 
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
DAVID GLIDDEN PRESIDENT AND CEO
1.20 		0 0 0
245 LONG HILL ROAD
MIDDLETOWN,CT06457
DR ELSA NUNEZ DIRECTOR
1.20 		0 0 0
245 LONG HILL ROAD
MIDDLETOWN,CT06457
KATHY DOUCETTE TREASURER
1.20 		0 0 0
245 LONG HILL ROAD
MIDDLETOWN,CT06457
LIBERTY BANK SUBSTANTIAL CONTRIBUTOR
0.00 		0 0 0
245 LONG HILL ROAD
MIDDLETOWN,CT06457
MARY FABER ASSISTANT SECRETARY
1.20 		0 0 0
245 LONG HILL ROAD
MIDDLETOWN,CT06457
MINNIE SALEH DIRECTOR
1.20 		0 0 0
245 LONG HILL ROAD
MIDDLETOWN,CT06457
ROBERT PARRY DIRECTOR
1.20 		0 0 0
245 LONG HILL ROAD
MIDDLETOWN,CT06457
SUSAN MARTIN DIRECTOR
1.20 		0 0 0
245 LONG HILL ROAD
MIDDLETOWN,CT06457
TIM RYAN CHAIRMAN
1.20 		0 0 0
245 LONG HILL ROAD
MIDDLETOWN,CT06457
TORAL MAHER EXECUTIVE DIRECTOR/ SECRETARY
40.00 		0 0 0
245 LONG HILL ROAD
MIDDLETOWN,CT06457
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
RAYMOND JAMES FINANCIAL SERVICES INVESTMENT 236,738
245 LONG HILL ROAD
MIDDLETOWN,CT06457
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2024)
Form 990-PF (2024)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
42,536,006
b
Average of monthly cash balances.......................
1b
872,523
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
43,408,529
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
43,408,529
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
651,128
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
42,757,401
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
2,137,870
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
2,137,870
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
34,873
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
34,873
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
2,102,997
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
2,102,997
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
2,102,997
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
2,080,606
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
2,080,606
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2023 		(c)
2023 		(d)
2024
1 Distributable amount for 2024 from Part X, line 7 2,102,997
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019...... 55,996
b From 2020...... 256,576
c From 2021......  
d From 2022...... 145,379
e From 2023......  
f Total of lines 3a through e ........ 457,951
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 2,080,606
a Applied to 2023, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2024 distributable amount..... 2,080,606
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2024. 22,391 22,391
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 435,560
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		33,605
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		401,955
10 Analysis of line 9:
a Excess from 2020.... 256,576
b Excess from 2021....  
c Excess from 2022.... 145,379
d Excess from 2023....  
e Excess from 2024....  
Form 990-PF (2024)
Form 990-PF (2024)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2024, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2024 (b) 2023 (c) 2022 (d) 2021
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
LIBERTY BANK
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
THE LIBERTY BANK FOUNDATION INC
245 LONG HILL ROAD
MIDDLETOWN,CT06457
(860) 344-7222
bThe form in which applications should be submitted and information and materials they should include:
HTTPS://WWW.LIBERTY-BANK.COM/YOUR-COMMUNITY/LIBERY-BANK-FOUNDATION
cAny submission deadlines:
NONE
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
NONE
Form 990-PF (2024)
Form 990-PF (2024)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

AMERICAN CANCER SOCIETY INC (ACS)

111 FOUNDERS PLAZA - SUITE 200
EAST HARTFORD,CT06108 		  PC TO SUPPORT THE ACCESS TO CARE IN CT: PROVIDING FREE TRANSPORTATION TO AND FROM CANCER TREATMENT & APPOINTMENTS 50,000

AMITY TEEN CENTER INC

PO BOX 3671
WOODBRIDGE,CT06525 		  PC TO SUPPORT THE LIFE SKILLS EDUCATION PROJECT 5,000

ARTS FOR LEARNING CT

1 EVERGREEN AVE SUITE 33
HAMDEN,CT065182717 		  PC TO SUPPORT HIGHER ORDER THINKING (HOT) SCHOOLS IN HAMDEN AND NEW HAVEN 5,000

BEDROCK CREDIT AMERICA

250 OLD WOODBURY ROAD
SOUTHBURY,CT06488 		  PC TO SUPPORT COMMUNITY CREDIT PRESENTATIONS 7,500

BEST BUDDIES IN CONNECTICUT

74 VINE STREET
NEW BRITAIN,CT06052 		  PC TO SUPPORT THE BEST BUDDIES IN CONNECTICUT FRIENDSHIP AND LEADERSHIP DEVELOPMENT 5,000

BOYS & GIRLS CLUB OF GREATER HOLYOKE INC

70 NICK COSMOS WAY
HOLYOKE,MA01040 		  PC THE BOYS & GIRLS CLUB OF GREATER HOLYOKE YOUTH FOOD HUB 15,000

BOYS & GIRLS CLUB OF GREATER WATERBURY

1037 EAST MAIN STREET
WATERBURY,CT06705 		  PC TO SUPPORT KIDS 4 KINDNESS 5,000

BOYS & GIRLS CLUB OF HARTFORD

170 SIGOURNEY STREET
HARTFORD,CT06105 		  PC TO SUPPORT THE BGCH SUMMER TEEN PROGRAM "THE CLUB" 20,000

BOYS & GIRLS CLUB OF NEW BRITAIN INC

150 WASHINGTON STREET
NEW BRITAIN,CT06051 		  PC TO SUPPORT THE HOMEWORK CLUB 5,000

BOYS & GIRLS CLUB OF NEW HAVEN

253 COLUMBUS AVENUE
NEW HAVEN CT,CT06519 		  PC TO SUPPORT THE BGCNH WORKFORCE DEVELOPMENT AND ACADEMIC SUCCESS INITIATIVE 15,000

BUSINESS INDUSTRY FOUNDATION OF MIDDLESEX COUNTY

393 MAIN STREET
MIDDLETOWN,CT06457 		  PC TO SUPPORT THE HAL KAPLAN MIDDLETOWN MENTOR PROGRAM 2024-2025 SCHOOL YEAR 4,950

CAPITAL FOR CHANGE

10 ALEXANDER DR
WALLINGFORD,CT06492 		  PC TO SUPPORT AFFORDABLE HOUSING LENDING 25,000

THE CARE CENTER

247 CABOT STREET
HOLYOKE,MA01040 		  PC TO SUPPORT THE BRIDGE TO COLLEGE PROGRAM 5,000

CENTER FOR FINANCIAL TRAINING INTERNATIONAL

245 NE 4TH AVENUE ROOM 3704-10
MIAMI,FL33132 		  PC TO SUPPORT THE FUTURE BANKERS & FINANCIAL PROFESSIONALS CAMP 12,000

COLUMBUS HOUSE INC

586 ELLA T GRASSO BLVD
NEW HAVEN,CT06519 		  PC TO SUPPORT THE SUPPORTIVE HOUSING AT THE PETERSON PROPERTIES 10,000

COMMUNITY FOUNDATION OF MIDDLESEX COUNTY

49 MAIN STREET
MIDDLETOWN,CT064573408 		  PC TO SUPPORT THE CONNOR MEANEY YOUNG MEMORIAL FUND AND THE BUDDY BENCH PROJECT 10,000

COMMUNITY FOUNDATION OF MIDDLESEX COUNTY

49 MAIN STREET
MIDDLETOWN,CT064573408 		  PC TO SUPPORT THE 2024 LIBERTY BANK ROTARY CLUB THANKSGIVING DRIVE 150,000

COMMUNITY INVOLVED IN SUSTAINING AGRICULTURE

1 SUGARLOAF ST
SOUTH DEERFIELD,MA01370 		  PC TO SUPPORT FARMERS IN HAMPDEN COUNTY 5,000

COMPASS YOUTH COLLABORATIVE

55 AIRPORT ROAD SUITE 201
HARTFORD,CT06114 		  PC TO SUPPORT THE COMPASS PEACEBUILDERS: TRAINING FOR EMPLOYMENT PROGRAM (TEP) 5,000

CONCEPTS FOR ADAPTIVE LEARNING

5 SCIENCE PARK SUITE 2C
NEW HAVEN,CT06511 		  PC TO SUPPORT THE WORKFORCE DEVELOPMENT COMPUTER TRAINING PROGRAM 5,000

CONNECTICUT CENTER FOR ARTS AND TECHNOLOGY (CONNCAT)

4 SCIENCE PARK
NEW HAVEN,CT06511 		  PC TO SUPPORT ADULT WORKFORCE DEVELOPMENT PROGRAMS 50,000

CONNECTICUT CHILDREN'S FOUNDATION INC

282 WASHINGTON STREET
HARTFORD,CT06106 		  PC TO SUPPORT A NONPROFIT ORGANIZATION TEAMMATES VOTED FOR 10,000

CONNECTICUT CHILDREN'S FOUNDATION INC

282 WASHINGTON STREET
HARTFORD,CT06106 		  PC TO SUPPORT THE CONNECTICUT CHILDREN'S CAPITAL CAMPAIGN - FETAL CARE CENTER 100,000

CONNECTICUT FOODSHARE

2 RESEARCH PARKWAY
WALLINGFORD,CT06492 		  PC TO SUPPORT EQUITABLE HUNGER SOLUTIONS 10,000

CONNECTICUT MAIN STREET CENTER

PO BOX 270 C/O EVERSOURCE
HARTFORD CT,CT06141 		  PC TO SUPPORT DIVERSITY ON MAIN STREET -- PLANNING PHASE 5,000

THE CONNECTICUT RISE NETWORK

700 STATE ST SUITE 300
NEW HAVEN,CT06511 		  PC TO SUPPORT ON-TRACK AND POSTSECONDARY SUCCESS IN THE RISE NETWORKS CORE NETWORK 10,000

CONNECTICUT SCIENCE CENTER

250 COLUMBUS BOULEVARD
HARTFORD,CT06103 		  PC TO SUPPORT THE CONNECTICUT SCIENCE CENTER TEEN PROGRAM 25,000

THE CONNECTICUT STORYTELLING CENTER INC

290 STATE STREET
NEW LONDON,CT06320 		  PC TO SUPPORT THE LITTLEST LISTENERS LITERACY RESIDENCY 5,000

CONNECTICUT VETERANS LEGAL CENTER

114 BOSTON POST RD GROUND FLOOR
WEST HAVEN,CT065162043 		  PC TO SUPPORT REMOVING LEGAL BARRIERS: HOUSING OUR VETERANS 10,000

THE CONNECTION INC

100 ROSCOMMON DRIVE SUITE 203
MIDDLETOWN,CT06457 		  PC TO SUPPORT TAKING YOUR IDEA OVER THE FINISH LINE: ENTREPRENEURIAL WORKSHOP SERIES 7,600

CORPORATION FOR SUPPORTIVE HOUSING

61 BROADWAY SUITE 2300
NEW YORK,NY10006 		  PC TO SUPPORT THE CSH 2024 BIPOC FOCUSED SUPPORTIVE HOUSING INSTITUTE 10,000

COVENANT PREPARATORY SCHOOL

474 WOODLAND STREET
HARTFORD,CT061121839 		  PC TO SUPPORT THE GRADUATE SUMMER SUPPORT PROGRAM 10,000

COVENANT SOUP KITCHEN

220 VALLEY STREET
WILLIMANTIC,CT06226 		  PC TO SUPPORT AN EMERGENCY GRANT TO THE FOOD PANTRY AFTER REFRIGERATOR FAILED ON THANKSGIVING DAY 10,000

THE DIAPER BANK OF CONNECTICUT

370 STATE STREET SUITE 4
NORTH HAVEN,CT064733157 		  PC TO SUPPORT PROVIDING BASIC NEEDS (DIAPERS, PERIOD SUPPLIES, AND INCONTINENCE PRODUCTS) TO SUPPORT FAMILY DEVELOPMENT AND ECONOMIC IMPROVEMENT 5,000

DIGNITY GROWS INC

40 WOODLAND STREET
HARTFORD,CT061052327 		  PC TO SUPPORT THE HOPE IN A BAG INITIATIVE 25,000

DOWNTOWN EVENING SOUP KITCHEN INC

PO BOX 1478
NEW HAVEN,CT065061478 		  PC TO SUPPORT THE DINNER AND PANTRY PROGRAMS 10,000

DRESS FOR SUCCESS WESTERN MASSACHUSETTS

45 LYMAN STREET
SPRINGFIELD,MA01103 		  PC TO SUPPORT THE WORKFORCE DEVELOPMENT CONTINUUM OF SUPPORT 10,000

DURHAM-MIDDLEFIELD YOUTH & FAMILY SERVICES INC

405 MAIN STREET SUITE 11
MIDDLEFIELD,CT06455 		  PC TO SUPPORT SAFE SHIFT 5,000

EAST LONGMEADOW VETERANS MEMORIAL COMMITTEE

3 LEGION COURT
EAST LONGMEADOW,MA01028 		  PC TO SUPPORT THE EAST LONGMEADOW VETERANS MEMORIAL 5,000

EASTERN CONNECTICUT HOUSING OPPORTUNITIES

165 STATE ST SUITE 311
NEW LONDON,CT06320 		  PC TO SUPPORT THE PERRY & HEMPSTEAD DEVELOPMENT 25,000

ELM CITY INTERNATIONALS EDUCATIONAL SUCCESS THROUGH SOCCER (ECI)

360 FOUNTAIN STREET UNIT 40
NEW HAVEN,CT06515 		  PC TO SUPPORT ELM CITY INTERNATIONALS: EDUCATIONAL SUCCESS THROUGH SOCCER 7,500

ENTREPRENEURSHIP FOR ALL INC

175 CABOT STREET
LOWELL,MA01854 		  PC TO SUPPORT EFORALL/EPARATODOS PIONEER VALLEY 10,000

FRESH NEW LONDON

PO BOX 285 26 BROAD STREET
BOSTON,MA02111 		  PC TO SUPPORT THE GROWING YOUTH LEADERSHIP PROGRAM 7,500

THE FOOD BANK OF WESTERN MASSACHUSETTS

25 CAREW STREET
CHICOPEE,MA010204503 		  PC TO SUPPORT FEEDING OUR NEIGHBORS IN NEED IN WESTERN MASSACHUSETTS 7,500

FRESH START PALLET PRODUCTS

20-28 SARGEANT ST
HARTFORD,CT06105 		  PC TO SUPPORT CARPENTRY JOB TRAINING AT FRESH START 20,000

FRIENDS OF THE MERIDEN PUBLIC LIBRARY INC

105 MILLER ST
MERIDEN,CT064504213 		  PC TO SUPPORT BEBS ACTIVOS 5,800

FRIENDSHIP SERVICE CENTER OF NEW BRITAIN INC

PO BOX 1896
NEW BRITAIN,CT06050 		  PC TO SUPPORT THE TOMASSO COMMUNITY KITCHEN 5,000

GARDE ARTS CENTER

325 STATE ST
NEW LONDON,CT06320 		  PC TO SUPPORT PACE: PARTNERS: ARTS. COMMUNITY. EDUCATION 5,000

GIRL SCOUTS OF CONNECTICUT INC

340 WASHINGTON STREET
HARTFORD,CT06106 		  PC TO SUPPORT THE GIRL SCOUT LEADERSHIP EXPERIENCE IN NEW HAVEN 7,000

GIRLS INC OF THE VALLEY

PO BOX 6812 480 HAMPDEN ST
HOLYOKE,MA01041 		  PC TO SUPPORT EUREKA!: STEM & COLLEGE ACCESS PROGRAM FOR GIRLS 10,000

GIRLS ON THE RUN WESTERN MA

16 CENTER ST SUITE 318
NORTHAMPTON,MA01060 		  PC TO SUPPORT GIRLS ON THE RUN WMA SUPPORT AND EXPANSION 5,000

GREATER SPRINGFIELD HABITAT FOR HUMANITY

268 COLD SPRING AVE
WEST SPRINGFIELD,MA01089 		  PC TO SUPPORT AFFORDABLE HOMEOWNERSHIP - 1688 DWIGHT STREET 10,000

GREEN AND BLUE FOUNDATION INC

1010 DAY HILL RD
WINDSOR,CT06095 		  PC TO SUPPORT COMMUNITY OUTREACH PROGRAMS 50,000

HOPE INC

187 WILLIAMS ST
NEW LONDON,CT06320 		  PC TO SUPPORT THE DEVELOPMENT OF AFFORDABLE HOUSING AT 32 BLACKHALL STREET 7,500

HABITAT FOR HUMANITY OF EASTERN CT

377 BROAD STREET
NEW LONDON CT,CT06320 		  PC TO SUPPORT LAKE OF ISLES PHASE ONE 10,000

HABITAT FOR HUMANITY OF GREATER NEW HAVEN

37 UNION STREET
NEW HAVEN,CT06511 		  PC TO SUPPORT THE HABITAT HOMEBUILDING PROJECT 15,000

HARTFORD CAMP COURANT

96 BATTERSON PARK ROAD
FARMINGTON,CT06032 		  PC TO SUPPORT HARTFORD CAMP COURANT SUMMER PROGRAMMING 10,000

HARTFORD PERFORMS

1049 ASYLUM AVENUE
HARTFORD,CT06105 		  PC TO SUPPORT HARTFORD PERFORMS FAMILY ENGAGEMENT EVENTS FOR HARTFORD PUBLIC SCHOOLS 10,000

HARTFORD PROMISE

750 MAIN STREET
HARTFORD,CT06103 		  PC TO SUPPORT THE 'REACHING BACK' PROGRAM 5,000

HARTFORD PUBLIC LIBRARY

500 MAIN STREET
HARTFORD,CT06103 		  PC TO SUPPORT THE HARTFORD PUBLIC LIBRARY BUILDING COMMUNITY CAPITAL: FINANCIAL INTEGRATION AT LIBRARY BRANCH LOCATIONS 15,000

HIGHER EDGE

35 REDDEN AVENUE
NEW LONDON,CT063203500 		  PC TO SUPPORT ITS COLLEGE ACCESS PROGRAM (CAP) AND SUCCESS PROGRAM 10,000

HOME CITY DEVELOPMENT INC

261 OAK GROVE AVE
SPRINGFIELD,MA01109 		  PC TO SUPPORT THE 275 CHESTNUT SUPPORTIVE HOUSING PROJECT 10,000

HOPE PARTNERSHIP INC

99 DURHAM ROAD 2ND FLOOR
MADISON,CT06443 		  PC TO SUPPORT NEW DEVELOPMENT OPPORTUNITIES 25,000

HORIZONS

127 BABCOCK HILL ROAD
SOUTH WINDHAM,CT06266 		  PC TO SUPPORT BOOSTING THE ENGAGEMENT AND INDEPENDENCE OF HIGH SCHOOL STUDENTS WITH DISABILITIES WITH TECHNOLOGY 5,000

HORIZONS AT THE FOOTE SCHOOL

50 LOOMIS PLACE
NEW HAVEN,CT06511 		  PC TO SUPPORT THE HORIZONS AT FOOTE SUMMER PROGRAM 7,500

THE HOUSING COLLECTIVE INC

815 MAIN STREET SUITE 201
BRIDGEPORT,CT06604 		  PC TO SUPPORT THE HOUSING COLLECTIVE IN CREATING EQUITABLE ACCESS TO HOUSING AND HOUSING STABILITY FOR ALL 10,000

HOUSING DEVELOPMENT FUND

100 PROSPECT STREET SUITE 100
STAMFORD,CT06901 		  PC TO SUPPORT THE FIRST-TIME HOMEBUYER COUNSELING PROGRAM 25,000

THE HUNDRED CLUB OF CONNECTICUT INC

119 OAKWOOD DRIVE
GLASTONBURY,CT06033 		  PC TO SUPPORT THE HERO'S FUND IN MEMORY OF SOUTHINGTON OFFICER, AARON PELLETIER 25,000

THE HUNDRED CLUB OF CONNECTICUT INC

119 OAKWOOD DRIVE
GLASTONBURY,CT06033 		  PC TO SUPPORT THE HERO'S FUND IN MEMORY OF WETHERSFIELD FIREFIGHTER ROBERT SHARKEVICH, SR. 25,000

THE IQUILT PARTNERSHIP

24 CENTRAL ROW
HARTFORD,CT06103 		  PC TO SUPPORT A WINTERFEST 2023-2024 EXTENSION 25,000

IRIS

235 NICOLL STREET
NEW HAVEN,CT06511 		  PC TO SUPPORT THE SUMMER LEARNING PROGRAM 5,000

JUNIOR ACHIEVEMENT OF SOUTHWEST NEW ENGLAND INC

70 FARMINGTON AVENUE
HARTFORD,CT06105 		  PC TO SUPPORT JA PROJECT TOMORROWS FOR GREATER NEW HAVEN STUDENTS 7,500

KNOX INC

75 LAUREL STREET
HARTFORD,CT06106 		  PC TO SUPPORT GREEN JOBS APPRENTICESHIPS 5,000

LATINAS & POWER INC

31 PRATT STREET 5TH FLOOR
HARTFORD,CT06103 		  PC TO SUPPORT THE LATINAS IN LEADERSHIP INSTITUTE (LILI) 15,000

WORCESTER POLTECHNIC INSTITUTE

100 INSTITUTE ROAD
WORCESTER,MA01609 		  PC TO PROVIDE A SCHOLARSHIP TO A STUDENT WITH FINANCIAL NEED MAJORING IN ENGINEERING OR A TECHNOLOGY-RELATED FIELD 1,000

LIBERTY COMMUNITY SERVICES

153 EAST STREET SUITE 100
NEW HAVEN,CT06511 		  PC TO SUPPORT RENTAL READINESS TENANCY TRAINING 10,000

LITERACY VOLUNTEERS OF GREATER HARTFORD

30 ARBOR STREET SUITE 101 S
HARTFORD,CT06106 		  PC TO SUPPORT THE CAREER PATHWAYS PROGRAM 5,000

LITERACY VOLUNTEERS OF GREATER NEW HAVEN

5 SCIENCE PARK 2ND FLOOR REAR
NEW HAVEN,CT06511 		  PC TO SUPPORT THE ADULT LITERACY PROGRAM 5,000

A LITTLE COMPASSION INC

162 MAIN STREET
DEEP RIVER,CT06417 		  PC TO SUPPORT VOCATIONAL SKILLS TRAINING PROGRAMS AT A LITTLE COMPASSION 5,000

LOCAL INITIATIVES SUPPORT CORPORATION

75 CHARTER OAK AVENUE SUITE 2-300
HARTFORD,CT06106 		  PC TO SUPPORT BUILDING CAPACITY FOR TRANSFORMATIVE COMMUNITY DEVELOPMENT 25,000

LUMIBILITY

1620 BOSTON POST RD
WESTBROOK,CT06498 		  PC TO SUPPORT TRANSITIONAL SERVICES PROGRAM 5,000

MADONNA PLACE

240 MAIN STREET
NORWICH,CT06360 		  PC TO SUPPORT THE MADONNA PLACE FAMILY SUPPORT CENTER 5,000

MCEIVR INC DBA MAKERSPACECT

960 MAIN STREET
HARTFORD,CT06103 		  PC TO SUPPORT THE BUILDING ON TRADES PROGRAM 5,000

MIDDLESEX HABITAT FOR HUMANITY OF CT INC

34 SHUNPIKE ROAD UNIT 12
CROMWELL,CT064162453 		  PC TO SUPPORT THE BROWN STREET, MIDDLETOWN, CT BUILD PROGRAM 10,000

MIDDLESEX UNITED WAY

100 RIVERVIEW CENTER SUITE 230
MIDDLETOWN,CT064573445 		  PC CORPORATE GIFT 54,600

MIDDLESEX VITA COALITION

100 RIVERVIEW CENTER SUITE 230
MIDDLETOWN,CT06457 		  PC TO SUPPORT THE MIDDLESEX VOLUNTEER INCOME TAX ASSISTANCE (MIDDLESEX VITA) COALITION 3,000

MIDDLESEX YMCA

99 UNION STREET
MIDDLETOWN,CT064573427 		  PC TO SUPPORT THE NORTHERN MIDDLESEX Y SOUTH END RENOVATION AND EXPANSION 200,000

MIDDLETOWN PUBLIC SCHOOLS

311 HUNTING HILL AVENUE
MIDDLETOWN,CT06457 		  PC TO SUPPORT THE FAMILY ENGAGEMENT LIAISON PROGRAM 7,500

MUSIC AND POETRY SYNCHRONIZED INC (MAPS)

39 MASSASOIT STREET
NORTHAMPTON,MA01060 		  PC TO SUPPORT MUSIC AND POETRY SYNCHRONIZED (MAPS) PROGRAMMING 10,000

MUTUAL HOUSING ASSOCIATION OF GREATER HARTFORD INC

95 NILES STREET
HARTFORD,CT06105 		  PC TO SUPPORT THE HOUSING RESOURCE CENTER 10,000

NEIGHBORHOOD HOUSING SERVICES OF NEW BRITAIN INC

223 BROAD STREET
NEW BRITAIN,CT060534107 		  PC TO SUPPORT FINANCIAL LITERACY FOR MARGINALIZED POPULATIONS 5,000

NEIGHBORHOOD HOUSING SERVICES OF NEW HAVEN

333 SHERMAN AVENUE
NEW HAVEN,CT06511 		  PC TO SUPPORT THE NEIGHBORHOOD REVITALIZATION INITIATIVE 25,000

NEW HAVEN HOMEOWNERSHIP CENTER

333 SHERMAN AVENUE
NEW HAVEN,CT06511 		  PC TO SUPPORT HOMEOWNERSHIP PROMOTION AND PRESERVATION COUNSELING 10,000

NEW HAVEN INTERNATIONAL FESTIVAL OF ARTS & IDEAS

195 CHURCH STREET
NEW HAVEN,CT06510 		  PC TO SUPPORT THE HIGH SCHOOL FELLOWSHIP PROGRAM 5,000

NEW HAVEN PROMISE

28 LINCOLN WAY
NEW HAVEN,CT06510 		  PC TO SUPPORT BACK NEW HAVEN 10,000

NEW LONDON AREA FOOD COALITION INC

110 GARFIELD AVENUE
NEW LONDON,CT06320 		  PC TO ADDRESS FOOD INSECURITY IN SOUTHEASTERN CT 5,000

THE NEW LONDON COMMUNITY MEAL CENTER INC

12 MONTAUK AVENUE
NEW LONDON,CT063204944 		  PC TO PURCHASE FOOD 10,000

NEW LONDON HOMELESS HOSPITALITY CENTER

730 STATE PIER ROAD
NEW LONDON,CT06320 		  PC TO SUPPORT THE EMPLOYMENT PROGRAM 7,500

NEW LONDON YOUTH AFFAIRS

111 UNION STREET
NEW LONDON,CT06320 		  PC TO SUPPORT TEEN LINKS 5,000

NEW REACH

269 PECK STREET
NEW HAVEN,CT06513 		  PC TO SUPPORT THE AFFORDABLE HOUSING INITIATIVE 15,000

NUTMEG BIG BROTHERSSISTERS

30 LAUREL STREET SUITE 3
HARTFORD,CT06106 		  PC TO SUPPORT COMMUNITY-BASED MENTORING IN CONNECTICUT 10,000

ODDFELLOWS PLAYHOUSE

128 WASHINGTON STREET
MIDDLETOWN,CT06457 		  PC TO SUPPORT THE ODDBRIDGE AFTER-SCHOOL PROGRAM 5,000

OIC OF NEW BRITAIN INC

114 NORTH STREET
NEW BRITAIN,CT06051 		  PC TO SUPPORT THE STEM LAB 4,974

OUR PIECE OF THE PIE

20-28 SARGEANT STREET
HARTFORD,CT06105 		  PC TO SUPPORT THE OPP IN COMMUNITIES: YOUTH EMPOWERMENT AND POST-COVID RESILIENCE FOR SUCCESS PROGRAM 10,000

PARTNERSHIP FOR STRONG COMMUNITIES

227 LAWRENCE STREET
HARTFORD,CT06006 		  PC TO SUPPORT INCREASING HOUSING AFFORDABILITY, CREATION, CHOICE, AND STABILITY IN CONNECTICUT 25,000

PILLAR COMMUNITY DEVELOPMENT CORPORATION

1151 BLUE HILLS AVE
BLOOMFIELD,CT06002 		  PC TO SUPPORT THE YOUNG MEN OF DISTINCTION PROGRAM 5,000

PLAINVILLE COMMUNITY FOOD PANTRY INC

54 SOUTH CANAL STREET
PLAINVILLE,CT06062 		  PC TO SUPPORT PLAINVILLE COMMUNITY FOOD PANTRY INTERVENTION, OUTREACH AND REFERRAL PROGRAM 5,000

POLICE ACTIVITY LEAGUE OF MIDDLETOWN INC

222 MAIN STREET
MIDDLETOWN,CT06457 		  PC TO SUPPORT MIDDLETOWN PAL BOXING 10,000

PRO BONO PARTNERSHIP INC

237 MAMARONECK AVENUE SUITE 305
WHITE PLAINS,NY10605 		  PC TO PROVIDE LEGAL SERVICES FOR CONNECTICUT NONPROFITS 5,000

PROJECT IMO INC

50 LARROW DRIVE
NORTH WINDHAM,CT06256 		  PC TO SUPPORT THE TEEN CENTER CREATOR SPACE TECHNOLOGY EXPANSION & YOUTH PROMISE PROGRAM 5,000

REBUILDING TOGETHER HARTFORD INC

PO BOX 230295
HARTFORD,CT06123 		  PC TO SUPPORT THE CRITICAL HOME REPAIR PROGRAM 10,000

REVITALIZE COMMUNITY DEVELOPMENT CORPORATION

240 CADWELL DRIVE
SPRINGFIELD,MA01104 		  PC TO SUPPORT THE #GREENNFIT NEIGHBORHOOD REBUILD SPRINGFIELD 10,000

SAINT FRANCIS HOSPITAL AND MEDICAL CENTER

114 WOODLAND STREET
HARTFORD,CT06105 		  PC TO SUPPORT THE IT STARTS HERE PROGRAM 5,000

SCORE FAIRFIELD COUNTY CHAPTER

101 EAST AVENUE
NORWALK,CT06851 		  PC TO SUPPORT SMALL BUSINESS TRAINING WORKSHOPS 2,000

SCOTLAND VOLUNTEER FIRE DEPARTMENT INC

PO BOX 48 47 BROOK ROAD
SCOTLAND,CT06264 		  PC TO SUPPORT AN INTRODUCTORY HIGH SCHOOL EMS COURSE AND POST-SECONDARY CONTINUING EDUCATION 5,000

SCSU FOUNDATION INC

501 CRESCENT STREET
NEW HAVEN,CT06515 		  PC TO SUPPORT THE SCSU SCHOOL OF BUSINESS IMPACT GREATER NEW HAVEN NONPROFIT INTERNSHIP PROGRAM 10,000

THE SHORELINE SOUP KITCHENS & PANTRIES INC

PO BOX 804
ESSEX,CT06426 		  PC TO SUPPORT PANTRY FOOD DISTRIBUTION 5,000

SINA

207 WASHINGTON STREET
HARTFORD,CT06106 		  PC TO SUPPORT THE WASHINGTON STREET DEVELOPMENT PLAN 15,000

SPRINGFIELD JEWISH COMMUNITY CENTER

1160 DICKINSON STREET
SPRINGFIELD,MA01108 		  PC TO SUPPORT SUSTAINABLE BEFORE AND AFTER SCHOOL CARE: SUPPORTING CHILDREN AT PLAY (CAP; WITHIN THE EAST LONGMEADOW PUBLIC SCHOOL DISTRICT) AND KIDSPACE (KS; WITHIN THE LONGMEADOW AND SPRINGFIELD PUBLIC SCHOOL COMMUNITIES.) 10,000

SQUARE ONE

SQUARE ONE
SPRINGFIELD,MA01103 		  PC TO SUPPORT SQUARE ONE SCHOOL-AGED CARE AND ENRICHMENT PROGRAMMING 5,000

ST MARTIN DE PORRES ACADEMY

208 COLUMBUS AVENUE
NEW HAVEN,CT06519 		  PC TO SUPPORT THE GRADUATE SUPPORT PROGRAM 5,000

STEAM-TRAIN INC

P O BOX 2321
MIDDLETOWN,CT06457 		  PC TO SUPPORT STEAM TRAIN'S FAST TRACK ACADEMY 8,500

THE TECH FOUNDRY

1391 MAIN STREET 9TH FLOOR
SPRINGFIELD,MA01103 		  PC TO SUPPORT TECH FOUNDRY IT SUPPORT TRAINING PROGRAM 2024-2025 7,500

THAMES RIVER COMMUNITY SERVICE INC

ONE THAMES RIVER PLACE
NORWICH,CT06360 		  PC TO SUPPORT YOUNG PARENTS IN SECURING EMPLOYMENT AND PERMANENT HOUSING 5,000

TRAVELING TOYS INC

1 STATE STREET
GUILFORD,CT06347 		  PC TO SUPPORT THE FIRST TOY LENDING LIBRARY WITHIN THE TEENS' SECTION OF THE NEW BRITAIN PUBLIC LIBRARY 2,732

TRINITY ACADEMY

10 WOODLAND STREET
HARTFORD,CT06105 		  PC TO SUPPORT THE TRINITY ACADEMY AFTER SCHOOL PROGRAM 2,500

UNITED WAY OF CENTRAL AND NORTHEASTERN CT

30 LAUREL STREET
HARTFORD,CT06106 		  PC CORPORATE GIFT 16,900

UNITED WAY OF GREATER NEW HAVEN

370 JAMES ST SUITE 403
NEW HAVEN,CT06513 		  PC CORPORATE GIFT 7,350

UNITED WAY OF GREATER WATERBURY

100 NORTH ELM STREET 2ND FLOOR
WATERBURY,CT06702 		  PC CORPORATE GIFT 5,250

UNITED WAY OF MERIDEN AND WALLINGFORD

35 PLEASANT STREET SUITE 1E
MERIDEN,CT06450 		  PC CORPORATE GIFT 5,250

UNITED WAY OF NAUGATUCK AND BEACON FALLS

270 CHURCH STREET
NAUGATUCK,CT06770 		  PC CORPORATE GIFT 4,200

UNITED WAY OF PIONEER VALLEY

1441 MAIN STREET SUITE 147
SPRINGFIELD,MA01103 		  PC CORPORATE GIFT 2,625

UNITED WAY OF SOUTHEASTERN CT

283 STODDARDS WHARF ROAD
GALES FERRY,CT063350375 		  PC TO SUPPORT THE GEMMA E MORAN UNITED WAY/LABOR FOOD CENTER 10,000

UNITED WAY OF SOUTHEASTERN CT

283 STODDARDS WHARF ROAD
GALES FERRY,CT063350375 		  PC CORPORATE GIFT 17,000

UNITED WAY OF SOUTHINGTON

35 N MAIN ST SUITE 3A-9
SOUTHINGTON,CT06489 		  PC CORPORATE GIFT 1,050

UNITED WAY OF WEST CENTRAL CONNECTICUT

440 N MAIN STREET SUITE D
BRISTOL,CT06010 		  PC CORPORATE GIFT 2,625

URBAN LEAGUE OF GREATER HARTFORD INC

140 WOODLAND STREET
HARTFORD,CT06105 		  PC TO SUPPORT THE FINANCIAL OPPORTUNITY CENTER 25,000

VALLEY UNITED WAY

54 GROVE STREET SUITE 1
SHELTON,CT06484 		  PC CORPORATE GIFT 3,150

VILLAGE FOR FAMILIES & CHILDREN

1680 ALBANY AVENUE
HARTFORD,CT06105 		  PC TO SUPPORT THE FINANCIAL OPPORTUNITY CENTER AT THE VILLAGE 9,000

WATERBURY PROMISE INC

236 GRAND STREET SUITE 120
WATERBURY,CT06702 		  PC TO SUPPORT WATERBURY PROMISE'S COMPREHENSIVE COLLEGE ACCESS AND SUCCESS PROGRAM 10,000

WATERBURY YOUTH SERVICES INC

83 PROSPECT STREET
WATERBURY,CT06702 		  PC TO SUPPORT THE LINKING ACADEMICS TO LIFE (LAL) PROGRAM 5,000

THE WEST INDIAN FOUNDATION

116 COTTAGE GROVE RD SUITE
BLOOMFIELD,CT06002 		  PC TO SUPPORT THE THE LPN BRIDGE PROGRAM 25,000

AURORA WOMEN AND GIRLS FOUNDATION

PO BOX 370537
WEST HARTFORD,CT06137 		  PC TO SUPPORT THE 2024 WILLARD M. MCRAE COMMUNITY DIVERSITY AWARD - AURORA WOMEN AND GIRLS FOUNDATION 10,000

WINDHAM PUBLIC SCHOOLS

355 HIGH STREET UNIT B
WILLIMANTIC,CT06226 		  PC TO SUPPORT BEFORE & AFTER SCHOOL PROGRAMS AT WINDHAM ELEMENTARY SCHOOLS 10,000

WINDHAM REGION NO FREEZE PROJECT INC

PO BOX 46 459 VALLEY ST
WILLIMANTIC,CT06226 		  PC TO SUPPORT THE DIVERSION PROGRAM 5,000

WOMEN'S BUSINESS DEVELOPMENT COUNCIL

184 BEDFORD STREET SUITE 201
STAMFORD,CT069011914 		  PC TO SUPPORT EDUCATION & TRAINING FOR WOMEN-OWNED SMALL BUSINESSES 20,000

THE WORKPLACE

1000 LAFAYETTE BOULEVARD 5T FLOOR
BRIDGEPORT,CT06604 		  PC TO SUPPORT DRESS FOR SUCCESS NEW HAVEN 10,000

WORLD AFFAIRS COUNCIL OF CONNECTICUT

1049 ASYLUM AVE
HARTFORD,CT06447 		  PC TO SUPPORT THE HARFORD MODEL UN PROGRAM 5,000

YMCA OF GREATER SPRINGFIELD

PO BOX 15329 1500 MAIN STREET SUITE
256
SPRINGFIELD,MA01115 		  PC TO SUPPORT BEFORE & AFTER SCHOOL PROGRAMMING FOR YOUTH 15,000

YOUNG MENS CHRISTIAN ASSOCIATION OF WALLINGFORD INC

81 SOUTH ELM STREET
WALLINGFORD,CT06492 		  PC TO SUPPORT THE YMCA HEALTHY COMMUNITY CAMPAIGN - JUST ADD WATER 50,000

YWCA HARTFORD REGION INC

135 BROAD STREET
HARTFORD,CT06105 		  PC TO SUPPORT THE YW CAREER WOMEN PROGRAM 5,000

YWCA OF NEW BRITAIN

19 FRANKLIN SQUARE
NEW BRITAIN,CT06051 		  PC TO SUPPORT STRIVE (STRENGTH, TEAMWORK, RESPECT, INDIVIDUALS, VISION EXCELLENCE) PROGRAM 5,000

UNIVERSITY OF CONNECTICUT

2131 HILLSIDE ROAD UNIT 3088
STORRS,CT06269 		  PC DONALD B. WILBURY SCHOLARSHIP 1,000
Total .................................right arrow 3a 2,072,056
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 850,641  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 1,894,980  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 2,745,621 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
2,745,621
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2024)
Form 990-PF (2024)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name Right Arrow
 Firm's EIN Right Arrow
Firm's address Right Arrow


 Phone no.
Form 990-PF (2024)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2024 InvestmentsCorpBondsSchedule
Name:
LIBERTY BANK FOUNDATION INC
EIN:
06-1479957
Name of Bond End of Year Book Value End of Year Fair Market Value
FIXED INCOME 13,094,209 13,094,209

TY 2024 InvestmentsCorpStockSchedule
Name:
LIBERTY BANK FOUNDATION INC
EIN:
06-1479957
Name of Stock End of Year Book Value End of Year Fair Market Value
EQUITY 28,942,818 28,942,818

TY 2024 OtherExpensesSchedule
Name:
LIBERTY BANK FOUNDATION INC
EIN:
06-1479957
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
MISCELLANEOUS EXPENSES 8,550 0   8,550


TY 2024 OtherIncreasesSchedule
Name:
LIBERTY BANK FOUNDATION INC
EIN:
06-1479957
Description Amount
UNREALIZED GAIN ON INVESTMENTS 1,832,401


TY 2024 OtherLiabilitiesSchedule
Name:
LIBERTY BANK FOUNDATION INC
EIN:
06-1479957
Description Beginning of Year - Book Value End of Year - Book Value
EXCISE TAX PAYABLE 934 12,133


TY 2024 OtherProfessionalFeesSchedule
Name:
LIBERTY BANK FOUNDATION INC
EIN:
06-1479957
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT FEES 236,738 236,738   0


TY 2024 TaxesSchedule
Name:
LIBERTY BANK FOUNDATION INC
EIN:
06-1479957
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXCISE TAXES 11,198 0   0