Who we are
Who we are

The Troy Savings Bank Charitable Foundation is the community legacy of the former Troy Savings Bank.

Although The Troy Savings Bank was acquired by another financial institution in 2004, the Foundation continues the Bank's proud charitable giving tradition. Today, the Foundation invests in community solutions in Albany and Rensselaer Counties of upstate New York. The Foundation works in partnership with nonprofit organizations, other private funders, and government entities. Together with these partners, the Foundation works to find solutions for challenging problems within its funding priority areas.

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How we serve our community
How we serve our community

The Troy Savings Bank Charitable Foundation focuses its grant making in three priority areas: Community Development, Youth Development, and Arts & Culture. These priority areas reflect the Foundation's commitment to building stronger communities, offering young people opportunities to develop new skills, and presenting enriching arts & culture experiences for local residents.

Of special interest to the Foundation are programs that serve those who are homeless or at risk of becoming homeless. In addition, the Foundation supports many youth development organizations that offer enriching activities for youth during non-school hours, including many after school and summer camp programs. The Foundation also provides significant support to the world-renowned Troy Savings Bank Music Hall, ensuring that this acoustic and architectural treasure is maintained and preserved for community benefit.

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The Foundation awarded four mini-grants to applicants in the first round of its “What If” grants process. The “What If” grant program is open to residents of Troy and Lansingburgh and supports small projects and programs to make neighborhoods a better place to live and work. Individuals and small grassroots nonprofit organizations are eligible to apply for funding, and individual applicants must apply under a fiscal sponsor relationship with a Rensselaer County-based nonprofit organization. Grant awards were made to the following projects/programs: F.A.C.E. (For All Children Everywhere) – Grant recipient [...]

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Residents of Troy and Lansingburgh who want to make their neighborhoods a better place to live and work can apply for funding through a new initiative: the “What If . . .” mini-grant program. These grants are intended to increase neighborhood involvement by residents, build neighborhood pride and confidence, create partnerships between residents, businesses, and local government, AND help residents think about the long-term goals for their community. Residents interested in applying for funding should call Leslie Cheu at 518-720-0006 to discuss their ideas. If the idea is a good fit with the goals for the program, applicants will [...]

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The Hive of Hope serves Capital Region individuals in recovery from substance use disorder. Volunteers and staff at the Hive serve people exiting treatment programs and transitioning into life in sobriety. The organization offers positive programs and activities focused on building self-esteem and a support network for individuals in recovery. This includes exercise classes (yoga, HIIT, Zumba), arts & crafts, games, barbeques, and movie nights. In addition, the organization offers volunteer opportunities in the community that will allow Hive members to re-connect with their community and reduce the [...]

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