The Foundation considers applications for grants ranging from $2,000 up to $25,000 and has two grant applications available:
  • Grants ranging between $2,000–$5,000 (PDF)
  • Grants ranging between $5,001–$25,000 (PDF)

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.
 

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