BankNewport – Community Contributions (Over $5,000)
Grants of $5,000+ Supporting Rhode Island Nonprofits
Organization: BankNewport Charitable Foundation
Support Type: Grants ($5,000 and over)
Geographic Focus: Rhode Island
About the Funder
BankNewport Charitable Foundation was established in 2023 as an extension of BankNewport’s long-standing commitment to Rhode Island communities. Since 1819, BankNewport has invested in strengthening the economic vitality and well-being of the state.
In 2025 alone, BankNewport awarded $1.75 million in charitable grants, sponsorships, contributions, and branch donations to more than 500 organizations across Rhode Island.
The Foundation focuses its grantmaking on initiatives that advance:
- Basic Human Needs
- Education Success
- Arts & Culture
- Healthy Lives & Thriving Communities
Special consideration is given to programs that serve low- to moderate-income individuals and communities, particularly in the areas of human services and community development.
What This Program Supports
The BankNewport Charitable Foundation provides grants of $5,000 and over for:
- Project-based funding
- Programmatic initiatives
- Human services programs
- Community development efforts
- Initiatives supporting low- and moderate-income populations
The Foundation does not make multi-year commitments, and prior funding does not guarantee continued support.
Funding Restrictions
The Foundation does not fund:
- General operating support (including salaries and stipends)
- Grants to individuals
- Multi-year commitments
- Organizations recently awarded significant Foundation support (may be asked to wait before reapplying)
Submission of an application does not guarantee funding.
Timeline & Review
The Foundation reviews grant proposals twice per year.
Current Grant Cycle
📅 Application Window: June 15 – August 1
📅 Application Deadline: August 1
📅 Review: September Foundation Board Meeting
📅 Decision Notification: October
Additional annual deadline: February 1 (reviewed in March; decisions in April)
Eligibility
- 501(c)(3) nonprofit organizations serving Rhode Island
- Programs aligned with Foundation focus areas
- Organizations in good standing
Application Process
Applications must be submitted during an open grant window and completed in full. Applicants should ensure:
- Clear alignment with one or more Foundation priority areas
- Demonstrated impact on Rhode Island communities
- Strong program design and community need
For questions, contact: Kathleen.Charbonneau@BankNewport.com
Apply / Learn More
➡️ https://www.banknewport.com/community/charitable-giving/
Why This Opportunity Is a Good Fit
The BankNewport Charitable Foundation is a strong fit for Rhode Island nonprofits seeking project-based funding of $5,000 or more to support human services, education, arts and culture, and community development initiatives—particularly those serving low- to moderate-income residents.
Corporate Grants Guide Notes
Review Type: Biannual (March & September Board Meetings)
Next Deadline: August 1
Funding Range: $5,000+
Best Suited For: Rhode Island 501(c)(3) nonprofits seeking program or project funding
