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 the eight counties of upstate New York where the Bank previously had branch offices. 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 at-risk 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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Funding Helps Transform Troy Alleyway

The City of Troy has remarkable alleyways that can tell historical stories beyond their functional use as passageways for commerce. The Arts Center of the Capital Region (ACCR) worked in partnership with the City of Troy to transform a section of downtown's Franklin Alley to create an attractive pedestrian walkway.  The project required the cooperation of the property owners along the alley (who had to find new locations for their garbage dumpsters), the City of Troy (who repaved the alley), and National Grid (who installed new and attractive lighting). The Troy Savings Bank Charitable Foundation joined with other local private funders [...]

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New STEM-Focused Playground in Rensselaer Encourages Creative Play

The Covid-19 pandemic has helped all of us understand the importance of being outdoors. This is especially true for our children, who crave the chance to run, climb, and explore in the fresh air during all seasons of the year. The Commission on Economic Opportunity (CEO) Family Resource Center in the City of Rensselaer understood how important outdoor play was for the children in its child care and Head Start programs. The Center’s playground was dilapidated and in need of updating, and they approached several local funders for help in reimagining it. Funding from the Troy Savings Bank Charitable Foundation along with help from [...]

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Team H.E.R.O Programs Serve North Central and Hillside North Teens

Team H.E.R.O. (Helping Everyone Recognize Opportunities) is a youth development organization serving pre-teens and teens of the North Central and Hillside North neighborhoods in Troy. Team H.E.R.O. offers high quality programming along with strong mentorship opportunities for youth to help them successfully transition from childhood to adulthood. The Troy Savings Bank Charitable Foundation supported the Hardknocks/Project H.Y.P.E. programs to engage teens in positive activities both indoors and outdoors during the Covid-19 pandemic. The Hardnocks team has proven their abilities both in community activities and on the basketball court. [...]

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