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At a Glance


1995 by American Savings Bank, New Britain, CT

Type of Foundation

Independent private foundation since 2003

Chair of the Board of Directors

Charles J. Boulier III

President & CEO

Maria Falvo

Endowment Assets

$78 million as of year-end 2016

Asset History ($)


$3.4 million in 2016
$51.2 million since 1995

Contributions History ($)

Robert T. Kenney Scholarship Program

$780,000 in college scholarships to 393 Robert T. Kenney Scholars in 2016
$10.3 million to 2,112 students since 1995


$2.6 million awarded in 2016
$40.9 million since 1995

Types of Grants

Program grants in the areas of education, human services, and arts & culture. Limited number of capital grants.

Area Served

Primarily New Britain, also Waterbury, and a service area of 64 towns.