The
Webster Five Foundation was created in 1995
as a 501(c)(3) corporate foundation. It is funded entirely
by Webster Five Cents Savings Bank for the specific
purpose of making charitable contributions for education,
culture and the arts, social service agencies, charitable
activities, community and economic development, and
other programs that impact the needs of our communities.
By bridging the needs of the communities with the resources
of Webster Five, the Foundation will help to improve
the quality of life for our residents.
The Foundation will consider a request from organizations
that are based in or will directly benefit the Webster
Five's delineated community.
Guidelines
for Grant Application
The Webster Five Foundation application package consists
of the following:
Guidelines for Request:
A summary of policies and procedures.
Application for Grant:
To provide us with information about your organization.
Proposal: To provide
us with information regarding your request. Your
proposal should include: amount, need, goals or
objectives, anticipated benefit, total budget, additional
funding, project/program location, area to be served,
date required, and project/program director.
Eligibility: The Foundation provides
charitable contributions only to not-for-profit, tax
exempt 501(c)(3) organizations. The Webster Five Foundation
will consider requests from organizations that are
based in or will directly benefit Webster Five's delineated
community in amounts ranging from $1,000 - $15,000.
Types of organizations the Foundation will
support: Youth Services, Senior Services,
Health and Social Services
Types of support: Annual Campaigns,
Program Development, Emergency Funds
The Foundation will not support: Individuals, political
organizations/candidates, churches or synagogues and
any affiliated organizations, fraternal organizations,
employment unions, tax-supported entities (schools,
libraries, etc.), and capital campaigns.
The Foundation discourages repeat requests for funding
for the same programs/projects. Unusual or emergency
circumstances will be considered on a case-by-case
basis. A repeat request for funding should be well
documented.
The Board of Directors meets four times a year,
on the second Thursday in January, April, July, and
October. Requests should be received by the 30th of
the month preceding the quarterly meeting for consideration
at that meeting. To print an Application for Grant
click here.
