The Bangor Savings Bank Foundation aims to enhance the strength and health of its communities through dedicated philanthropic efforts. By investing in various nonprofit sponsorships, grants, and partnership initiatives, the foundation seeks to make communities across Maine, New Hampshire, Massachusetts, and Vermont more prosperous, livable, and vibrant. Focusing on economic and workforce development, the Foundation leverages its growing endowment and the strong support of the Bank to make a significant and meaningful difference in its focus areas.
The Bangor Savings Bank Foundation offers grants ranging from $2,000 to $25,000 to support projects and initiatives that leverage other resources, produce cost-effective and measurable results, encourage public and private sector collaboration, coordinate with other community efforts without duplication, advance innovative long-term strategies addressing recognized needs, and demonstrate potential for future funding. Priority is given to initiatives that improve the vitality of regional and statewide economies in Maine, New Hampshire, Massachusetts, and Vermont, particularly through economic and workforce development. Additionally, the foundation supports education (including STEM initiatives), social and civic services aimed at enhancing community quality of life, culture and arts projects that meet community needs or expand programming, and health and wellness programs focusing on physical and mental health for all ages.