People's United Bank Charitable Foundation Grant

People's United Community Foundation

Deadline: Rolling

Grant amount: More than US $2,500

Funding uses: Education / Outreach, Project / Program, Capital Project

Location of project: Connecticut, Maine, Massachusetts, New Hampshire, New York, Vermont Show all

Location of residency: Connecticut, Maine, Massachusetts, New Hampshire, New York, Vermont Show all

Overview:

People’s United Community Foundation and People’s United Community Foundation of Eastern Massachusetts support the communities where People’s United Bank branches are located. Through grants for nonprofit programs and services, their overall mission is to:

• Enhance the quality of life for residents
• Promote the economic development and well-being of neighborhoods
• Support the educational and developmental needs of children and youth.

Focus areas

People’s United Community Foundation awards grants to nonprofit organizations that align with our primary areas of focus and giving priorities of economic stability, employment, education, and housing:

Affordable Housing Development

People’s United Community Foundation supports programs that create affordable housing opportunities and the development and sustaining of safe, clean and desirable neighborhoods:

• Nonprofit organizations that directly develop affordable housing or assist developers which create affordable housing, through rehabilitation, new construction and/or neighborhood revitalization efforts.
  
• Community loan funds
• State and national programs, operating within our footprint, that serve as developers of affordable housing
• Supportive and transitional housing for homeless, low-income and those with disabilities or special needs
• Closing costs and down-payment assistance programs
• First-time homebuyer education
• Homeownership counseling and foreclosure prevention programs

Community Development

People's United Community Foundation supports programs and services that address basic needs and encourage financial independence and self-sufficiency for low- to moderate-income residents; as well as activities which promote economic development in low-income neighborhoods. Funding priorities include:

• Basic needs services
• Initiatives that transition people from assistance to independence
• Financial literacy Programs
• Education, including ESL, certification and degree programs
• Programs that promote economic stability and self-sufficiency
• Small business development and entrepreneurial programs
• Workforce development, job skills training and job placement programs

Youth Development

People’s United Community Foundation supports programs and services that address the need for educational improvement and academic advancement of children and youth, especially within low- to moderate- income communities and school districts.Funding priorities include:

• Academic improvement and advancement programs
• Accredited early childhood development, school readiness, and Headstart programs
• College and SAT preparation programs
• Career exploration and internship programs
• ESL and literacy programs
• Science, Technology, Engineering, and Math (STEM) programs

People’s United Community Foundation distributes grants in the communities where People’s United Bank branches are located, including cities and towns throughout Connecticut, New York, Massachusetts*, Vermont, New Hampshire, and Maine.

*If your organization is located and/or operating programs and services within Massachusetts, first check the cities and towns listed for People’s United Community Foundation of Eastern Massachusetts.

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

Eligibility:

• To be considered for a grant from People's United Community Foundation, organizations must meet the following minimum eligibility requirements:
  • Organization must be operating as a recognized 501(c)3 public charity for a minimum of 2 years.
  • Program/service for which funding is being requested must be operating for a minimum of 12 months and have demonstrated outcomes.
  • Must operate or serve individuals within the cities/towns where People's United Bank branches are located.
  • Grant request must fit within our three areas of focus and align with our giving priorities of economic stability, employment, education, and housing.

Preferences:

• Our Foundations seek grant proposals that demonstrate:
• Strong leadership and effective board governance
• Sound administration and stable financial conditions
• Competency in mission-driven organizational activities
• An effective, sustainable and scalable model
• Ability to create a positive impact on the targeted population
• Ability to provide clear performance measures and outcomes
• Strong partnerships and effective collaborations with community leaders and organizations

Ineligibility:

• The following is a list of activities and types of agencies that are ineligible for funding from People’s United Community Foundation:
  • Activism or community organizing
  • Advertising (yearbooks, journals, publications, etc.)
  • Advocacy
  • Animal causes
  • Annual appeals and operational fundraising campaigns
  • Arts & Culture organizations, programs, activities and events
  • Beauty contests
  • Behavioral/mental health
  • Capital requests or campaigns
  • Childcare/Daycare agencies or programs, subsidies & scholarships (not part of an accredited Head Start or School Readiness program for low income children)
  • Conferences, seminars, panel discussions and trips
  • Conservation, environmental causes
  • Consultants
  • Debt reduction
  • Discriminatory organizations or activities based on race, religion, etc.
  • Disease specific organizations and activities
  • Endowments
  • Event Sponsorships
  • Fiscal Agents or Fiduciaries
  • Fundraising Activities/Events (golf tournaments, road races, etc.)
  • Health & healthcare programs
  • Historic Preservation
  • Individuals
  • IRS Sub Classification of 509(a)3 Supporting Organization
  • Limited/very small number of individuals being served by an organization/program
  • Media-related initiatives (television, radio, film, video and books)
  • Medical equipment, patient treatment funds, etc.
  • Municipal/government entities
  • Nursery Schools
  • Obesity programs
  • Pilot programs, new initiatives and start-ups
  • Political Action Committees (PAC’s)
  • Political, labor, civic or fraternal organizations
  • Private Foundations
  • Private schools, colleges and prep schools
  • Private scholarships/tuition
  • Programs, agencies and communities outside of our geographic footprint.
  • Public school districts and their individual schools
  • Religious organizations, unless supporting non-sectarian broad based community issues
  • Research and feasibility studies
  • Sports, athletic events, or recreational programs/organizations
  • Sponsorships or projects where the Bank or its employees receive tangible benefits or privileges
  • Student trips/tours (including transportation and conference costs)
  • Substance abuse programs
  • Team sponsorships
  • Theater, dance and music programs
  • Stand-alone or as part of a youth development/enrichment program
  • Third parties raising funds for a charity