In the philanthropy world, Bank of America plays a much bigger role than being a home for your checking and savings accounts. Bank of America serves as a trustee, co-trustee, and agent to hundreds of grantmaking foundations across the country, and many of them are managed by the bank’s Connecticut-based Philanthropic Solutions office. One of these Connecticut-based foundations is the Elizabeth Carse Foundation, a funder that regularly gives out $10,000 grants to local groups in the state.
Here are a few things to know about the Elizabeth Carse Foundation and how it operates to assist local nonprofits.
Elementary School Teachers are a Priority
One of the most significant things about the Carse Foundation is that it gives special consideration for programs involving elementary school teachers. These programs typically revolve around providing additional training for educators of young students. Carse frequently provides unrestricted general support to its grantees.
Carse Funds Direct Impact for Kids
Another thing that is important to the Carse Foundation is supporting organizations that have a direct impact on children’s welfare. Although the funder supports causes that benefit adults as well, children are the ultimate focus here. Overall, the Carse Foundation wants to help children achieve better standards of living, and it has been involved in this space since 1970.
Carse Supports All of Connecticut
Although some foundations managed by Bank of America’s Connecticut office support groups in other parts of New England and the Tri-State Area, this one is all about the state of Connecticut. Carse supports organization in various towns through the state, including in Hartford, West Hartford, Meriden, Waterbury, and Bloomfield. Past support in the state has gone to the Connecticut Science Center, the Cove Center for Grieving Children, and the Noah Webster House. Carse has also funded the Hartford Symphony Orchestra, the Center for Family Justice Support, and Kids in Crisis.
Unsolicited Requests Are Accepted Annually
Fortunately for Connecticut grantseekers, this foundation accepts unsolicited requests for funding once per year. Nonprofits are required to use Bank of America’s online application system to apply for Carse grants, and these applications are accepted 24/7 on or prior to the funder’s due date. The date to remember with Carse is August 15, and grantseekers can expect to hear back with a funding decision between October 15 and November 15.
Read IP’s full profile of the Elizabeth Carse Foundation to learn more about this funder, as well as detailed grantmaking procedures and how to get in touch with the staff for grant-related inquiries.