Bangor Savings Bank Foundation Grant Making

Bangor Savings Bank Foundation

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Next deadline: Jan 1, 2021

Later deadlines: Apr 1, 2021, Jul 1, 2021, Oct 1, 2021

Grant amount: US $2,000 - US $25,000

Fields of work: Music Education Art Education Wellness & Healthy Living Civic Affairs Health Care Access & Delivery STEM Education Academic Success & Enrichment Human & Social Services Art & Culture Mental Health & Psychiatric Diseases Education - K through 12 Education - Higher Education Show all

Applicant type: College / University, Nonprofit

Funding uses: Education / Outreach, Project / Program, General Operating Expense

Location of project: Maine

Location of residency: Maine

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About this funder:

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Overview:

NOTE:

  • For Grants $2,000–$5,000
    • Applications are reviewed quarterly and must be received by  July 1st or January 1st for consideration. 
  • Eligibility for Grants $5,001–$25,000
    • Applications are reviewed bi-annually and must be received by April 1st or October 1st for consideration.

We must matter more in our communities.

We contribute to the strength and health of our communities through the Bangor Savings Bank Foundation and Corporate Giving. Together the Bank and its Foundation invested more than $2 million into the community in the form of nonprofit sponsorships, grants and partnership initiatives last year.

Making a significant and meaningful difference:

The Bangor Savings Bank Foundation's role is to focus philanthropic efforts on initiatives that will make our communities more prosperous, more livable, and more vibrant. With a growing endowment and strong support from the Bank, the Foundation is poised to truly impact its focus areas in workforce and economic development.

Grant Guidelines

The Foundation considers applications for grants ranging from $2,000 up to $25,000. For all proposals received, we have a preference to support projects and initiatives that do the following:

  • Include a strategy for leveraging other resources and support.
  • Produce cost-effective results which can be measured and evaluated.
  • Provide incentive for the private and public sectors to work together in community problem solving.
  • Encourage coordination with other efforts and do not duplicate programs in the community.
  • Advance innovative and long-term strategies that will address recognized needs.
  • Demonstrate an ability to obtain future funding if it will be needed.

Areas of Giving

Priority Giving

The Foundation focuses its philanthropic efforts on improving Maine, New Hampshire, Massachusetts, and Vermont's regional and statewide economies.

Additional Areas of Giving

While our primary outreach and resources will be dedicated to the priority areas listed above, in recognition of the needs in many of our communities, the Foundation also lends support to compelling applications in the following areas:

  • Education
    • Initiatives that raise student readiness, academic success, achievement and aspirations at the primary, secondary, and post-secondary levels, including but not limited to STEM education initiatives.  
  • Social and Civic Services
    • Activities directed at improving quality of life in the communities we serve.
  • Culture and Arts
    • Initiatives supporting organizations that meet community needs, expand arts and cultural programming, or provide education.
  • Health and Wellness
    • Programs essential to the underlying medical care of a community.
    • Initiatives focusing on physical and mental wellness for people of all ages.

You can learn more about this opportunity by visiting the funder's website.

Eligibility:

  • Eligibility for Grants $2,000–$5,000
    • Awards will include support for program development as well as for new and expanded facilities and equipment.
    • Grant awards are generally limited to the market area served by Bangor Savings Bank.
    • Grant recipients must demonstrate 501(c)(3) status, a need for private financial support, and a direct relevance to the Foundation's areas of giving interest.
    • The Foundation supports general operating expenses for grants ranging from $2,000–$5,000.
  • Eligibility for Grants $5,001–$25,000
    • Awards will include support for program development as well as for new and expanded facilities and equipment.
    • Grant awards are generally limited to the market area served by Bangor Savings Bank.
    • Grant recipients must demonstrate 501(c)(3) status, a need for private financial support, and a direct relevance to the Foundation's areas of giving interest.

Preferences:

  • For all proposals received, we have a preference to support projects and initiatives that do the following:
    • include a strategy for leveraging other resources and support.
    • produce cost-effective results which can be measured and evaluated.
    • provide incentive for the private and public sectors to work together in community problem solving.
    • encourage coordination with other efforts and do not duplicate programs in the community.
    • advance innovative and long-term strategies which will address recognized needs.
    • demonstrate an ability to obtain future funding if it will be needed.

Ineligibility:

  • The Foundation does not provide financial support for political organizations or candidates, religious organizations, or activities for sectarian purposes.
  • The Foundation does not generally support annual operating budgets, endowments, scholarships, conferences, seminars, festivals, or similar events, although such events may be considered through the Bank's Corporate Giving program. 

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This page was last reviewed November 11, 2020 and last updated November 11, 2020