Frank Loomis Palmer Fund

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OVERVIEW: The Frank Loomis Palmer Fund supports arts, culture, humanities, education, health, and human services in New London, Connecticut.

FUNDING AREAS: Arts, culture, humanities, education, health, human services

IP TAKE: All New London, Connecticut nonprofits should get familiar with this foundation.

PROFILE: Established in 1936, the Frank Loomis Palmer Fund is a private foundation based in Connecticut. The foundation supports educational, health, human services, and arts programming for underserved populations. It is managed by Bank of America’s Connecticut office. Grantmaking funds arts, culture, humanities, education, health, and human services.

This funder typically supports many different program areas in Connecticut. Many grants support local children, people with special needs, art programs, and basic needs services that provide food and shelter. Past local support has gone to the Mystic Area Shelter, Eugene O’Neill Theater Center, Garde Arts Center, Expressiones Cultural Center, and the Covenant Shelter of New London.

Foundation grants range between $5,000 and $100,000. Learn more about this funder’s local giving by examining its recent tax records. Grantmaking is exclusively focused on New London, Connecticut, and all funded programs must serve the residents here. Grants are made for one-year periods in most instances, although the foundation awards multi-year support occasionally as well. Applicants cannot receive a grant for more than three years in a row. Grantmaking guidelines are posted on the foundation website.

This foundation accepts unsolicited grant applications from nonprofits. The annual application deadline is November 15, and applicants can expect to hear back with a funding decision within about three to four months after this date. Grantseekers must use the Bank of America online system to apply for a grant. Direct general questions to the staff at ct.grantmaking@ustrust.com or 860-244-4870.

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