American Savings Foundation
American Savings Foundation is a charitable endowment founded in 1995 that provides grants to nonprofits and college scholarships to students in 64 Connecticut towns, operating from New Britain with a small staff.
- Company typePrivate
- Founded1995
- HeadquartersNew Britain, United States
- Headcount1–10
- GTM typeB2B and B2C
- OfferingServices
What American Savings Foundation does
American Savings Foundation (ASF) is a charitable endowment founded in 1995 and headquartered in New Britain, Connecticut. Its functional role is to deploy capital from its endowment in the form of grants to nonprofit organizations and college scholarships to students residing in 64 designated Connecticut towns. The foundation operates as a non-profit entity with a small staff of 1-10 employees, consistent with a community foundation model that prioritizes lean operations and direct capital deployment rather than scale-driven infrastructure.
The organization's core "products" are twofold: competitive grant awards to nonprofits serving its geographic service area, and scholarship funding for post-secondary education. Distribution appears to be through direct application processes administered by the foundation, though no detailed application workflow, platform, or technology stack is documented in the available data. The foundation maintains a website at asfdn.org, though the captured source content was limited to a loading/verification page with no substantive program details.
From a business model perspective, ASF is funded by its endowment corpus rather than fee-for-service revenue. Payouts to grantees and scholars represent the deployment of investment returns and/or principal under a typical foundation spending policy. No pricing models, commercial customers, or revenue-generating activities are evidenced. The foundation's value proposition rests on local impact — channeling charitable capital to community-based organizations and students within a bounded Connecticut service region — rather than on scalable commercial offerings or technology differentiation.
American Savings Foundation firmographics
Firmographics- Name
- American Savings Foundation
- Legal name
- American Savings Foundation
- Website
- https://asfdn.org
- Company type
- Private
- Founded year
- 1995
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- American Savings Foundation is a charitable endowment founded in 1995 that provides grants to nonprofits and college scholarships to students in 64 Connecticut towns, operating from New Britain with a small staff.
- Ownership category
- akta.pro rank
American Savings Foundation industry classification
Industry- Product category
- Community Philanthropy & Foundation Grants
- NAICS
- Grantmaking Foundations (813211), Other Grantmaking and Giving Services (813219), Civic and Social Organizations (813410)
- akta.pro primary industry
- Community Foundations (BPAGAKAB)
- akta.pro secondary industries
- Public Charities & Grantmaking Intermediaries (BPAGAKAE), Grantmaking & Philanthropic Funds (Institutional Donors) (BPADAOAB)
Keywords
Where American Savings Foundation is headquartered
LocationHeadquarters
- HQ city
- New Britain
- HQ country
- United States
- HQ region
- North America
Markets served
American Savings Foundation business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Others
American Savings Foundation product offering
Product offeringCore offering
American Savings Foundation is a charitable endowment that awards grants to nonprofit organizations and college scholarships to students across 64 Connecticut towns. Founded in 1995 and based in New Britain, CT, the foundation operates as a small (1-10 employees), regionally focused non-profit that channels endowment returns into community-based grantmaking and student aid programs.
Differentiator
Problem solved
Functional benefit
Products and services
- Nonprofit Grants Program Competitive grants awarded to nonprofit organizations serving communities within the foundation's 64-town Connecticut service area. The program provides funding to qualifying 501(c)(3) nonprofits to support community-based programs and services.
- College Scholarship Program College scholarships awarded to students residing in the foundation's 64 Connecticut service area. The program supports individual students' post-secondary education expenses through foundation-funded awards.
Companies that use American Savings Foundation
Customer profileIdeal customer profiles2 records
American Savings Foundation technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
American Savings Foundation partnerships and signals
Strategic signalRecent moves1 record
American Savings Foundation competitors and assessment
Company assessmentOthers
- Community Foundations of America (Council on Foundations): Industry association representing U.S. community foundations, providing infrastructure, standards, and peer benchmarking relevant to ASF's operating model.
Direct peers
- Community Foundation of Greater New Haven: Connecticut-based community foundation that manages charitable assets and distributes grants and scholarships across the Greater New Haven region, comparable in mission and structure to ASF.
- Hartford Foundation for Public Giving: Connecticut-based community foundation that awards grants and scholarships across Greater Hartford, directly comparable to ASF's regional Connecticut grantmaking and scholarship mission.
- Connecticut Community Foundation: Community foundation serving the Greater Waterbury and Litchfield Hills region of Connecticut, providing grants and scholarships to local nonprofits and students — closely aligned with ASF's model.
- Main Street Community Foundation: Community foundation serving Bristol, Plainville, Plymouth, Southington, and surrounding Connecticut towns — directly overlapping with ASF's central Connecticut service area and dual grant/scholarship model.
- Valley Community Foundation: Regional community foundation serving the Lower Naugatuck Valley in Connecticut, distributing grants and scholarships — comparable geographically and programmatically to ASF.
Regional players
- Vermont Community Foundation: Statewide community foundation in Vermont that awards grants and scholarships to nonprofits and students — comparable as a regional endowed grantmaking and scholarship provider in the broader New England market.
- Rhode Island Foundation: Statewide community foundation in Rhode Island providing grants and scholarships across the state — a comparable regional endowment model operating in a neighboring New England state.
- Maine Community Foundation: Statewide Maine community foundation providing grants and scholarships across Maine counties — a peer regional endowed foundation with comparable dual-program structure.
- New Hampshire Charitable Foundation: Statewide community foundation in New Hampshire distributing grants and scholarships from endowed funds, structurally analogous to ASF but operating in a different New England geography.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights5 records
Customer concentration
American Savings Foundation social profiles
Digital presenceAmerican Savings Foundation financial estimates
Financial estimateRevenue estimate
Valuation estimate
American Savings Foundation leadership team
Management profileNumber of profiles
American Savings Foundation funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
American Savings Foundation M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about American Savings Foundation
What does American Savings Foundation do?
American Savings Foundation is a charitable endowment that awards grants to nonprofit organizations and college scholarships to students across 64 Connecticut towns. Founded in 1995 and based in New Britain, CT, the foundation operates as a small (1-10 employees), regionally focused non-profit that channels endowment returns into community-based grantmaking and student aid programs.
Is American Savings Foundation a public or private company?
American Savings Foundation is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was American Savings Foundation founded?
American Savings Foundation was founded in 1995. It employs 1 to 10 people.
Where is American Savings Foundation based?
American Savings Foundation is headquartered in New Britain, United States, in the North America region.
Who are American Savings Foundation's main competitors?
Community Foundations of America (Council on Foundations) is listed as an others. Direct peers are Community Foundation of Greater New Haven, Hartford Foundation for Public Giving, Connecticut Community Foundation, Main Street Community Foundation and Valley Community Foundation. Regional players are Vermont Community Foundation, Rhode Island Foundation, Maine Community Foundation and New Hampshire Charitable Foundation.
Does American Savings Foundation have an API?
No public API is recorded for American Savings Foundation.
What industry is American Savings Foundation in?
American Savings Foundation's product category is Community Philanthropy & Foundation Grants. Its primary akta.pro industry code is BPAGAKAB, Community Foundations, with a secondary code of BPAGAKAE, Public Charities & Grantmaking Intermediaries. Its NAICS code is 813211.