Community Financial Support

To be considered for funding organizations must:

• Be recognized by the IRS as a tax-exempt 501(c)(3) non-profit organization. Organizations that are not 501(c)(3) are not eligible.
• Be located in or serve a community within Beacon Bank’s geographic service area.
• Apply for a program or project that meets one of our focus areas.
• Submit a completed Grant Application through our online system and provide other documentation that may be requested. Please note that the Beacon Bank will not respond to written inquiries seeking financial support.

Any organization that has received either a charitable grant or bank sponsorship within the current calendar year is not eligible for another contribution until the following calendar year.

Beacon Bank does not support the following types of organizations and requests, even if the applicant meets all other Grant Eligibility Criteria:

• Fraternal, labor and political organizations
• Lobbying groups.
• Private foundations.
• Intermediary organizations that raise and distribute funds in their own name.
• Annual memberships and annual appeals.
• Underwriting support for conferences or seminars.
• Individuals.
• Capital Campaigns.

Beacon Bank and its foundation review applications on rolling basis with decisions generally communicated within two months. Applications are reviewed by Regional Charitable Giving Councils.. 

Funding decisions are based on a variety of factors including available resources and the degree to which proposals meet Beacon Bank’s charitable giving focus areas. We also look closely at employee involvement when considering requests.