At Mascoma Bank, our commitment to the community goes beyond offering a broad range of financial services, meeting the credit needs of our customers, and employing more than 340 people. In 1988, Mascoma Bank established the Mascoma Bank Foundation and funded it with $1,000,000 for the purpose of giving back an “ongoing dividend” in the form of grants to the communities responsible for Mascoma Bank’s prosperity. To date the Foundation has awarded over $5 million in grants to local not-for-profit groups.
The Mascoma Bank Foundation provides capital funding to not-for-profit organizations within Mascoma Bank’s market area that will contribute to the long-term benefit of its communities. The Bank serves the Connecticut River Valley of Vermont and New Hampshire from Keene to Lancaster; the I-89 corridor from Burlington to New London; and Portland, Maine.
Typical projects may include facility and infrastructure improvements, new construction, capital campaigns, and capital items outside normal operating budgets. The Foundation is especially interested in requests or projects that:
- Significantly impact the organization’s long-term future, thereby contributing to our long-term commitment to create positive change in our communities.
- Substantially increase the capacity, long-term viability, and resilience of the organization.
Applications will be accepted for amounts ranging from $5,000-$50,000. Most awards will be for $5,000-$25,000. Proposals will be considered two times per year. The spring cycle deadline for proposals is April 1 and for the fall cycle is October 1. Applications should be complete on submission.
The Foundation will not consider applications from organizations that have received funding in the prior two calendar years.
Foundation Trustees will consider all proposals and make funding decisions at its regularly scheduled meetings following these deadline dates. For more significant projects the Trustees may request a site visit or ask that a member of the applicant organization attend one of its meetings to discuss and answer questions about the project. Notification of awards will be made within three months of the cycle application deadline.
If you have any further questions, please contact Sarah Martel at 603-443-8627 or at firstname.lastname@example.org
Applications can be submitted through an online portal, accessible by clicking the button below:
Board of Trustees
- Gretchen E. Cherington - Meriden, NH
- Gary W. Gray - Westmoreland, NH
- Edward T. Kerrigan - Hanover, NH
- Frank J. Leibly III - Taftsville, VT
- Daniel B. McGee - Lebanon, NH