Guidelines & Criteria
Below you'll find the criteria needed in order to receive an ABCommunity grant.
Basic Eligibility
- ABCommunity will review applications in these seven areas:
- Arts: Organizations that support creativity and the arts in the community.
- Education: Organizations that enhance the educational success of students.
- Environment: Organizations that preserve or restore the environment.
- Health: Organizations that improve people's physical or emotional health.
- Social Services: Organizations that provide social services to those who suffer hardship or who have been unable to participate fully in the social and economic life of the community.
- Animal Welfare: Organizations that provide services to animals and pets.
- Community Development: Organizations that provide services supporting economic community development initiatives.
- ABCommunity does not fund programs or organizations that support at-risk youth. Those organizations supporting at-risk youth will be directed to MainStreet Foundation.
- ABCommunity will not fund any organization that is receiving support or funding from another Androscoggin Bank-related funding mechanism including Branch giving, MainStreet Foundation or Fundraising Committee.
- ABCommunity does not fund capital campaigns. Capital Campaign fund requests will be directed to our Capital Fund Committee. (Funds for this purpose are available on a rotating basis.)
- ABCommunity does not fund religious or political organizations or candidates.
- Organizations must provide proof of 501(c)3 status under the IRS tax codes AND have filed a form 990 with the IRS within the last calendar year.
Grant Criteria
Applicant must demonstrate how the requested funds will promote the long-term sustainability of the organization through operational or program enhancements. Enhancements related to long-term sustainability include, but are not limited to:
- Employee development
- Board development
- Technology implementation
- Strategic planning initiatives and marketing
Applicant must provide the following financial information:
- Overall budget
- Management expenses
- Program-related expenses
We do not support multi-year requests or capital campaigns. We also ask that Impact and Seed Grant recipients not apply for additional funding for at least twelve months or one calendar year, whichever is longer, from the conclusion of any previously funded projects before submitting another request. The Bank will take into consideration donations made by other parts of Androscoggin Bank in deciding upon a grant request to the Foundation.
After Grants Are Made
If a grant is made, the grantee must agree to the following:
- To provide the Bank with a brief report at the end of the calendar year in which the grant was awarded describing the impact of the ABCommunity grant.
- To allow Androscoggin Bank to use the name of the grantee and a description of the grant in publications and media releases describing the activities of the Bank.
- To repay, upon demand, to the Bank the total amount of a grant if any of the following events occur:
- Change in the activities of the grantee that eliminates its exempt status
- Failure to spend the grant as indicated in the application
- Information submitted in the application or supporting information is found to be untrue
Please follow the guidelines in the grant application carefully. Applications that do not comply with the guidelines will not be considered for funding.
Before or after grant approval, Androscoggin Bank may request additional information from an organization on its financial status, organization, or operations.
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