The Franklin Savings Bank Fund for Community Advancement was formed in 1997 to provide support for substantial projects that will significantly enhance the lives of people in the communities that make up the primary market area of the bank. The Fund for Community Advancement has been established as a fund within the New Hampshire Charitable Foundation. The areas served by the fund currently include Franklin, Boscawen, Gilford, Merrimack, Bristol, Tilton, and Goffstown. The fund may also provide support for projects in other surrounding communities. Grant monies requested must provide support to those living in the communities listed above; although not exclusively as many projects have a broader geographic impact that will benefit those in other communities as well. To date, 265 grants totaling $1,251,509 have been awarded since the Fund’s inception.
The Fund is very active in supporting a broad range of community activities. Eligible organizations must be recognized as tax-exempt under Section 501(c)(3) of the Internal Revenue Code, or be a school, municipality, or other subdivision of government. Categories of support include but are not limited to: Affordable housing, health care, social services, arts and humanities, human services, and programs or services addressing the needs of children, adolescents, elders, and single parent families. Grants will not generally be awarded as operating support or funding for ongoing or annual programs. Priority consideration will be given to those programs and services that address the needs of low to moderate income families and individuals. The minimum grant award will be $1,000 and the maximum will be $10,000. An organization may submit an application for a given project a maximum of two (2) times.
To apply for a grant award from the Franklin Savings Bank Fund for Community Advancement, please complete the Franklin Savings Bank Fund Application and return it via mail to 387 Central Street Franklin NH, 03235 or by email to Renee.Baldini@fsbnh.bank. The FSB Fund will award grants once a year with applications due no later than May 30th each year.