Berkshire Bank Foundation Grant

Berkshire Bank Foundation, Inc.

Suggest an update

Next deadline: Sep 1, 2020

Later deadlines: Nov 1, 2020, Feb 1, 2021, May 1, 2021

Grant amount: Unspecified amount

Fields of work: Educational Access & Equity Apprenticeship & Internship Programs Vocational & Trade Education Real Estate & Housing Financial Literacy Career/College Preparation Tutoring & Mentoring Literacy Economic Services & Development Business Development After School /Summer Educational Programs Show all

Applicant type: Nonprofit

Funding uses: Education / Outreach, Project / Program

Location of project: Counties in Connecticut: Hartford County, New London County, Tolland County, Windham County, Counties in Massachusetts: Berkshire County Show all

Location of residency: Counties in Connecticut: Hartford County, New London County, Tolland County, Windham County, Counties in Massachusetts: Berkshire County Show all

View website    Save

About this funder:

Loading...

Overview:

Investing In What Can Be

Berkshire Bank has been committed to investing in the communities that it serves for over 170 years. Throughout that time, the neighborhoods in which we operate have changed immensely. We want to ensure that as demographics shift and our communities become more diverse that we are able to adapt to serve the evolving needs. As a bank of and for the community, we know that we thrive when the people we serve thrive. As a result, we are doing our part to help close the racial wealth gap, as well as support those who have been underserved and marginalized for too long. In so doing, we are developing products and programs focused on helping our neighbors build businesses, generate wealth and prosper. 

Mission

The Berkshire Bank Foundation is committed to supporting programs that work to close the racial wealth gap in communities served by Berkshire Bank.

We envision a time when all people, regardless of ethnicity, have equal opportunity for economic mobility.

Our Strategy

We support programs in communities served by Berkshire Bank that focus on one of four focus areas:

  • Providing access to resources for underserved populations to become college, career and job ready and to contribute to the economic vitality their communities
  • Providing access to quality affordable housing options that meet the evolving needs of our communities
  • Promoting and supporting small business growth and entrepreneurship especially for underrepresented populations
  • Providing opportunities for education and dialogue around the contributing factors to the wealth divide and what efforts might help reverse it

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

Eligibility:

  • To be considered for grant funding organizations must: 
    • Be recognized by the IRS as a tax-exempt 501(c)(3) non-profit organization. Organizations that are not 501©3 are not eligible. 
    • Apply for a program or project that meets one of the Foundation’s focus areas.
    • Submit a completed Foundation Grant Application through our online system and provide such other documentation as may be requested. Berkshire Bank Foundation will not respond to written inquiries seeking financial support.
  • Be located in or primarily serve one of the listed communities (and/or its affiliates)

Preferences:

  • Within these focus areas, the Foundation gives priority to the following types of requests:
    • Programs and projects that benefit more than 51% low-moderate income individuals
    • Programs and projects that offer Berkshire Bank employees opportunities to be involved through volunteer efforts and board service
    • Programs and projects with a demonstrated, tangible record of success

Ineligibility:

  • Berkshire Bank Foundation does not support the following types of organizations and requests, even if the applicant meets all other eligibility criteria outlined above: 
    • Fraternal, labor and political organizations, including fraternal orders of police and firefighters
    • Lobbying Groups
    • Athletic teams or social groups
    • Private Foundations
    • Intermediary organizations that raise and distribute funds in their own name
    • Annual memberships and annual appeals
    • Underwriting support for conferences or seminars
    • Scholarship Programs/Funds
    • General operating support
    • Individuals
    • Capital Campaigns

Loading...