BankFive Charitable Giving Program

Donations and Sponsorship Support for Nonprofits Serving Massachusetts and Rhode Island Communities

BankFive’s Charitable Giving Program supports 501(c)(3) nonprofit organizations working to strengthen communities across parts of Massachusetts and Rhode Island. As a community bank, BankFive provides financial assistance and sponsorship support to organizations addressing youth opportunity, basic needs, community health, underserved communities, economic development, arts and culture, and financial literacy.

Organization: BankFive
Support Type: Charitable donations and sponsorships
Geographic Focus: Select counties in Massachusetts and Rhode Island
Application Type: Online application only
Lead Time: Submit at least 2 months before funds or sponsorship support are needed

New to corporate grant fundraising?
Read our Corporate Grants for Nonprofits: Ultimate Guide to learn how corporate funding works.

About the Funder

BankFive is a community bank serving neighborhoods in Massachusetts and Rhode Island. Through its charitable giving program, BankFive invests in local nonprofit organizations that help improve quality of life, expand opportunity, and support positive community impact.

What This Program Supports

BankFive supports local events, activities, and nonprofit programs in the following focus areas:

Equity-Based Youth Programs
Programs that provide equitable opportunities for youth to succeed through education, mentorship, and leadership development.

Community Health Services & Basic Needs
Initiatives that address critical needs such as healthcare access, food security, and essential services.

Underserved Communities
Programs assisting with affordable housing, community revitalization, and support for underserved neighborhoods.

Business and Economic Development
Programs that promote business growth, economic opportunity, and local economic development.

Arts & Culture
Creative and cultural programs that enrich local communities.

Financial Literacy
Programs that help individuals and families build financial knowledge, money management skills, and long-term financial stability.

Eligible Organizations

Applicants must be 501(c)(3) nonprofit charitable organizations seeking financial assistance or sponsorship support.

Organizations must operate in and provide services to at least one eligible community within BankFive’s geographic focus area.

Geographic Eligibility

Eligible organizations must serve at least one of the following counties:

Bristol County, Massachusetts
Barnstable County, Massachusetts
Bristol County, Rhode Island
Newport County, Rhode Island
Washington County, Rhode Island
Providence County, Rhode Island
Kent County, Rhode Island

Funding Amounts

BankFive does not publish standard donation or sponsorship amounts. Support likely varies based on the request, event or program type, community benefit, and available funding.

Timeline & Review

📅 Application Timing: Requests should be submitted at least 2 months before the deadline or date support is needed
📅 Review Process: Applications are reviewed only through the online application system
📅 Submission Method: Email, mail, in-person, and branch drop-off requests are not accepted

Applicants should build in enough lead time for BankFive to evaluate and process the request.

Application / Request Process

All requests must be submitted online through BankFive’s charitable giving application process.

Applicants should prepare the following materials before applying:

501(c)(3) nonprofit status form
Taxpayer identification number / W-9 form
Brief cover letter on organizational letterhead with relevant information not included in the request form, including the organization’s mission statement
Sponsorship levels and ad specification materials, if applicable

BankFive notes that mailed materials, branch drop-offs, emailed requests, and in-person submissions will not be accepted or reviewed.

Apply / Learn More:
➡️ BankFive Charitable Giving Program

Questions:
charitable@bankfive.com

Why This Opportunity Is a Good Fit

This opportunity is a strong fit for community-based nonprofits serving eligible counties in Massachusetts and Rhode Island.

It may be especially relevant for organizations that:

Serve youth through education, mentoring, or leadership programs
Address food security, healthcare access, or basic needs
Support affordable housing or revitalization in underserved communities
Promote local business and economic development
Provide arts, culture, or community enrichment programs
Offer financial literacy or financial empowerment programming

BankFive’s Charitable Giving Program is best suited for local nonprofits with a clear community benefit and enough lead time to submit a complete online request.

Corporate Grants Guide Notes

Review Type: Online request review
Typical Lead Time: Submit at least 2 months before support is needed
Funding Amount: Not publicly specified
Best Suited For: 501(c)(3) nonprofits serving eligible Massachusetts and Rhode Island counties
Geographic Priority: Bristol and Barnstable Counties in Massachusetts; Bristol, Newport, Washington, Providence, and Kent Counties in Rhode Island
Submission Note: Requests must be submitted online; email, mail, in-person, and branch drop-off requests are not accepted