Bangor Savings Bank Foundation is a private corporation based in BANGOR, ME. The foundation received its IRS ruling in 1997. The principal officer is % Ken Colpritt. It holds total assets of $7M. Annual income is reported at $2.6M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Bangor Savings Bank Foundation has made 617 grants totaling $5.2M, with a median grant of $5K. Annual giving has decreased from $2.6M in 2022 to $1.2M in 2024. Individual grants have ranged from $1K to $100K, with an average award of $8K. The foundation has supported 368 unique organizations. The foundation primarily supports organizations in Maine, New Hampshire, Connecticut, which account for 99% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Application Information
Deadline
Quarterly Deadlines: January 1st, April 1st, July 1st, October 1st
Restrictions
Awards, grants, and donations are designed to promote education, health & wellness, cultural awareness and the arts, and to support organizations that contribute to the quality of life in the communities where Bangor Savings Bank operates.
Bangor Savings Bank Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 617 grants. Its grantmaking reaches organizations primarily in ME, NH, CT.
How much does Bangor Savings Bank Foundation give in grants?
Bangor Savings Bank Foundation has distributed a total of $5.2M across 617 grants. The median grant size is $5K, with an average of $8K. Individual grants have ranged from $1K to $100K.
How do I apply for a grant from Bangor Savings Bank Foundation?
The application deadline is Quarterly Deadlines: January 1st, April 1st, July 1st, October 1st. Awards, grants, and donations are designed to promote education, health & wellness, cultural awareness and the arts, and to support organizations that contribute to the quality of life in the communities where Bangor Savings Bank operates. An application form is available on the foundation's website.
Where is Bangor Savings Bank Foundation located?
Bangor Savings Bank Foundation is headquartered in BANGOR, ME. While based in ME, the foundation distributes grants to organizations across 7 states.
