OVERVIEW: The Cathay Bank Foundation supports community development, community engagement, education and health and welfare in the communities served by its parent banking corporation.
IP TAKE: Funding for early childhood education stems from the Cathay Bank Foundation's education initiative and prioritizes low- to middle-income populations in areas served by Cathay Bank. This funder does not accept unsolicited proposals for funding but invites applicants to submit letters of introduction by mail.
PROFILE: The Cathay Bank Foundation was established in 2002 in Los Angeles, California by the Chinese-American Cathay Bank. The foundation aims to support the communities served by its parent company, emphasizing community development, community engagement, education and health and welfare.
The Cathay Bank Foundation funds education broadly but prioritizes low- to middle-income populations in areas served by Cathay Bank. One grantee working in the area of early childhood education is the Child Center of New York, Inc., which provides early childhood education and Head Start programs to underserved New York City neighborhoods. Another grantee is the School for Children with Hidden Intelligence, which provides special education to disabled children from birth through age 21 in New Jersey.
The Cathay Bank Foundation limits its funding to the states of California, New York, Illinois, Washington, Texas, Massachusetts, Nevada, New Jersey and Maryland. Grants generally range from $1,000 to $10,000.
This funder does not accept unsolicited proposals for funding but invites potential grantees to submit a letter of introduction to the foundation via mail. General inquiries may emailed to Foundation@CathayBank.com.
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