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About People's United

PUCF of Eastern Massachusetts

IMPORTANT NOTICE:

As of April 1, 2015, Danversbank Charitable Foundation is now the People's United Community Foundation of Eastern Massachusetts. Grant requests are still being accepted for the Neighborhood Fund, Malden Community Fund, and Community Grant Program.

About People's United Community Foundation of Eastern Massachusetts

People's United Community Foundation of Eastern Massachusetts provides funding to eligible nonprofit organizations within various communities of Eastern Massachusetts. Formerly the Danversbank Charitable Foundation, the primary areas of focus include social, health, youth services, education, affordable housing, cultural, and low- to moderate-income individuals. The mission of the People's United Community Foundation of Eastern Massachusetts is to provide funding to nonprofit organizations that help to strengthen communities and its residents in the geographic areas that the foundation serves. The vision is to find opportunities to make valuable investments in the areas of charitable, scientific, literary, and education, where the funding will yield significant results within the community.

 

People's United Community Foundation of Eastern Massachusetts operates the following community-based programs:

  • Neighborhood Fund
  • Malden Community Fund Program
  • Community Grant Program

Eligibility

Eligibility for these programs will only be granted to organizations who have received 501 (c) (3) tax-exempt status from the IRS. People's United Community Foundation of Eastern Massachusetts will not fund organizations which discriminate based on age, race, color, sex, religion, national origin, disability, family status, receipt of public assistance or sexual orientation.

Grant Making Process

The grant-making process of People's United Community Foundation of Eastern Massachusetts is conducted by its Board of Directors in an impartial manner based upon an evaluation of each project request. Therefore, solicitation to individual members of the People's United Community Foundation of Eastern Massachusetts Board of Directors for specific grant requests is discouraged.

The Board of Directors will meet on a trimester basis (or more frequently, if necessary) to review the outstanding grant proposals.

Neighborhood Fund

The People's United Community Foundation of Eastern Massachusetts will accept written requests for the Neighborhood Fund on a monthly basis. Donations range in size up to $2,500, however, most donations within this program are $1,000 or less. Requests must be submitted using the Charitable Request Application, and must include an IRS determination letter of tax-exempt status.

Organizations may submit only one request for support of any kind during a calendar year. Organizations must not submit separate requests during a year for fundraising events, or other special events. Any organization that has been denied funding can resubmit their request after 12 months. The People's United Community Foundation of Eastern Massachusetts does not provide funding to individuals, religious organizations, labor organizations, political organizations or projects, operating deficits, conference and seminars, governmental agencies, trips and tours – including transportation costs, foundations and annual appeals.

Malden Community Fund Program

The Malden Community Fund make contributions to non-profit organizations based in Malden that provide programs and services that are focused on social, health and youth services, affordable housing, education, cultural events, and low and moderate income individuals. Funds are granted for capital needs and/or one-time special project expenses, with a maximum grant amount of $10,000. The grants may range widely in size, and may be allocated over a multiyear period of up to three years, and are generally for capital campaigns. No more than 50% of the grants provided will be for multiyear grants.

Requests for the Malden Community Fund must be submitted using the Charitable Request Application. Requests for Malden Community Fund Grants must be submitted by February 1st, June 1st and October 1st; they will be evaluated quarterly in March, June, and November. The Foundation will send a letter notifying of the committee's decision within 30 days of its review.

Community Grant Program

The Community Grant Program will award grants to non-profit organizations that provide programs and services that are focused on social, health and youth services, affordable housing, education, cultural events, and low and moderate income individuals. The grants may range widely in size, and may be allocated over a multiyear period of up to five years. Grants up to $50,000 will be considered for annual gifts, and no more than $100,000 on multiyear grants. Funding commitments, however, are generally on a year-to-year basis. The multiyear grants are generally for capital campaigns. No more than 50% of the grants provided will be for multiyear grants.

Requests for the Community Grant Program must be submitted using the Charitable Request Application. Applications must be submitted by February 1st, June 1st and October 1st; they will be evaluated quarterly in March, June, and November. The Foundation will send a letter notifying of the committee's decision within 30 days of its review.

 

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