Mascoma Bank Foundation
/OVERVIEW: The Mascoma Bank Foundation supports arts and culture, education, children and youth, housing, parks and recreation, and human services in New Hampshire and Vermont.
FUNDING AREAS: Arts and culture, education, children and youth, housing, parks and recreation, human services
IP TAKE: This bank funder has a straightforward grant application process and awards grants two times per year to local groups.
PROFILE: Established in 1988, the Mascoma Bank Foundation is the grantmaking arm of Mascoma Bank and based in Lebanon, New Hampshire. The bank is headquartered in White River Junction, Vermont, and grantseekers can learn more about the foundation’s history on the bank’s website. The foundation aims to “help initiate projects that improve life within the Bank’s service area.” Grantmaking areas of interest include arts and culture, education, children and youth, housing, parks and recreation, and human services.
The Mascoma Bank Foundation supports new projects and programs more than annual operating budgets and salaries. It does not fund major capital campaigns or organizations that have received support in the last two years. Past grantees include the AVA Gallery and Art Center, Charlestown Children’s Fund, Lebanon Youth Baseball Association, Mascoma Valley Parks and Recreation, and Central Vermont Adult Basic Education.
Foundation grants tend to range from $1,000 to $10,000. View a list of past grantees on the funder’s website. The bank has locations in the following New England towns, which is where grantmaking is centered: the New Hampshire towns of Bethlehem, Canaan, Charlestown, Claremont, Enfield, Hanover, Keene, Lancaster, Lebanon Littleton, Lyme, New London, Walpole, West Lebanon and White River Junction, and the Vermont towns of Bethel, Burlington, Chelsea, Hartland, Norwich, South Strafford, Springfield, Vermont and Woodstock. The bank also has a presence in Portland, Maine. The funder awards grants in the spring and fall of each year.
This bank foundation accepts unsolicited grant applications for April 1 and October 1 deadlines each year. Nonprofits can submit applications electronically via email or by mail. Direct general questions to Sarah Martel at 603-443-8627 or sarah.martel@mascomabank.com.
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