Liberty Bank Foundation Grants

Liberty Bank Foundation


Grant amount: US $2,000 - US $5,000

Next anticipated deadline: Dec 31, 2018 2:00pm PST (Full proposal)

Later anticipated deadlines: Apr 2, 2019 2:00pm PDT (Full proposal), Jul 2, 2019 2:00pm PDT (Full proposal)

Applicant type: Government Entity Nonprofit

Funding uses: Training / Capacity Building, Education / Outreach, General Operating Expense, Applied Project / Program

Location of project: Counties in Connecticut: Fairfield County, Hartford County, Middlesex County, New Haven County, New London County Expand all

Location of residency: Counties in Connecticut: Fairfield County, Hartford County, Middlesex County, New Haven County, New London County Expand all

Location of citizenship: United States

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Overview:

Note: You must call Liberty Bank Foundation before you apply to determine if your program or project is a good fit within our funding priorities, and whether it makes sense to apply. We can also provide guidance as to how much is reasonable to ask for

The Liberty Bank Foundation was established in 1997 as an extension of Liberty Bank’s commitment to the Connecticut communities the bank and its employees have served since 1825. We feel that, as bankers, we have a responsibility not only to provide excellent financial products and services, but also to make our communities better places to live and work. Through our Foundation, we support nonprofit organizations that our neighbors depend on to build strong families and communities. Our grantmaking is focused on organizations that serve people within Liberty Bank's market area.

During 2016, we will fund programs in three priority areas: prevention-oriented education programs that lead to economic success for families and children; affordable housing; and capacity building for nonprofits engaged in the first two priority areas. In addition, we work on an ongoing basis with nonprofits, government, and business to build partnerships and seek innovative solutions to the many complex needs in our communities.

Mission

The mission of the Liberty Bank Foundation is to support preventive programs that assist low- and moderateincome residents of Liberty Bank’s market area in achieving their personal goals and reaching their potential. We advance this mission by providing financial support to nonprofit organizations and by acting as a philanthropic leader in the communities we serve. 

Funding Priorities

Prevention-oriented Education for Economic Success

The Foundation seeks to support education programs and activities that are preventive in nature—designed to build the knowledge that parents and children need to become economically successful citizens who can address their own needs and contribute to their communities. In reviewing grant requests to support preventive programs, we consider the following criteria to be of primary importance: 

  • The number of people to be served.
  • The level of need of the people to be served.
    • Are they of low/moderate income?
    • Are they at risk of some type of negative outcome (for example, failing in school)?
  • The potential impact of the program.
    • Will it truly generate long-term change by preventing a potential problem from occurring, or just provide temporary relief?
    • Will it contribute to the participants’ economic success?

Affordable and Supportive Housing

Connecticut continues to struggle with a serious shortage of affordable housing. Examples of programs eligible for affordable housing grants include: 

  • Development of low/moderate-income housing, with or without supportive services ;
  • Technical assistance and general operating support for nonprofit developers of affordable housing;
  • Public education and advocacy to build support for the development of affordable and supportive housing;
  • Foreclosure prevention and homeowner counseling programs;
  • Homebuyer education and/or landlord education for aspiring homeowners of low/moderate-income.

Building the Capacity of Nonprofits

The Liberty Bank Foundation is committed to helping nonprofit - organizations engaged in its first two funding priority areas to adapt to address community needs. Our goal is to assist in making organizations more effective, efficient, flexible, sustainable, and productive. Following are some examples of ways in which the Foundation supports nonprofit capacity building:

  • Making grants that assist nonprofits to expand their services or become more efficient, effective, and sustainable;
  • Supporting educational opportunities or forums for nonprofits (for example, our annual conference, workshops on effective grantwriting, program evaluation, board development, and fundraising);
  • Making grants that promote collaboration and sharing of resources among nonprofits;
  • Supporting efforts to improve systems (for example, development of the Coordinated Access Network system to address homelessness);
  • Convening nonprofits and other sectors to address community needs and issues in a holistic fashion: considering the multiple viewpoints involved, building consensus about solutions, and combining resources to put those solutions into action.

Providing Food and Shelter

While the Liberty Bank Foundation believes prevention is the most effective way to improve people’s lives and achieve long-term savings, we recognize the ongoing need for high quality intervention services. Our “Good Neighbor Fund” was established to provide support for these services. 

Following are the types of programs that are eligible for grants through the Good Neighbor Fund: 

  • Homelessness prevention/shelter diversion ;
  • Rapid re-housing;
  • Emergency shelters for homeless individuals;
  • Large food pantries and soup kitchens.

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

Eligibility:

  • The following types of organizations are eligible for grants from the foundation:
    • Nonprofit organizations with IRS 501(c)(3) status
    • Government agencies (Certain conditions apply—please contact the foundation staff for details.) 
  • The foundation also makes grants to collaborative groups working on issues relating to our funding priorities.
    • Collaboratives may include nonprofits, government agencies, businesses, faith communities, and other organizations.
    • If a collaborative is not a separately incorporated entity, an eligible nonprofit or government agency must serve as fiduciary agent for the collaborative. Grant funds would then be paid to the fiduciary agent for the benefit of the collaborative. 
  • The Liberty Bank Foundation supports organizations and programs that operate within Liberty Bank’s service area, which consists of:
    • Middlesex, New Haven, and western New London Counties, as well as the towns of Berlin, Bristol, Glastonbury, Mansfield, Marlborough, New Britain, Newington, Plainville, Shelton, Southington, West Hartford, Wethersfield, and Windham. 

Preferences:

  • Preference is given to organizations that have received funding from the foundation in previous years.
  • In general, we prefer to fund specific programs rather than capital projects, equipment, or general operating expenses.

Ineligibility:

  • The foundation generally does not fund multiple-year capital campaigns.
  • The Liberty Bank Foundation does not make grants to the following types of applicants:
    • Individuals
    • Fraternal groups
    • Organizations that are not open to the general public
  • The Liberty Bank Foundation does not make grants to support the following:
    • Annual fund drives or campaigns (other than United Way)
    • Trips, tours or conferences
    • Sponsorship of events
    • Scientific or medical research
    • Single-disease research and/or support organizations
    • Deficit spending or debt liquidation
    • Lobbying or otherwise influencing the outcome of the legislative or electoral process
    • Sectarian or religious programs
    • Endowments
    • Other grantmaking foundations 
  • Since we receive a large number of requests and wish to give fair consideration to everyone, we generally will not make grants to an organization for more than three consecutive calendar years.
    • We ask that organizations that have received funding in three consecutive calendar years refrain from reapplying until a waiting period of one calendar year has elapsed. 


About this funder:

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