Community Involvement
The Webster Five Foundation

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.

The Foundation will consider a request from organizations that are based in or will directly benefit Webster Five's delineated community.

n 2009, the Webster Five Foundation distributed nearly $100,000 in donations and grants to local organizations and charities.

Guidelines for grant application

The Webster Five Foundation application package consists of the following: 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, synagogues or mosques, fraternal organizations, employment unions and tax-supported entities. Exceptions to the tax-supported entity exclusion will be considered for library capital campaigns that are supported by a private funding program.

The Foundation discourages repeat requests for funding for the same programs/projects. A repeat request for funding should be well documented. Unusual or emergency circumstances will be considered on a case-by-case basis.

The Board of Directors meets four times a year, on the first Thursday in January, April, July, and October. Requests should be received by the 15th of the month preceding the quarterly meeting for consideration at that meeting. To download and print a grant application, please click below.

Download: Grant Application
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