Cornerstone Bank – Charitable Donations Program (2026)
Community Donations Supporting Central Massachusetts & Northern Connecticut
Cornerstone Bank supports charitable causes that improve quality of life for residents of Central Massachusetts and Northern Connecticut. The Bank provides monetary donations as well as donations of goods or services to eligible local organizations serving the communities where it operates.
Organization: Cornerstone Bank
Support Type: Monetary donations; in-kind donations (goods or services)
Geographic Focus: Central Massachusetts and Northern Connecticut
About the Funder
Cornerstone Bank is committed to strengthening the communities it serves by supporting local schools, civic groups, church groups, and nonprofit organizations. Through its charitable donations program, the Bank invests in initiatives that directly benefit residents and contribute to the overall wellbeing of Central Massachusetts and Northern Connecticut.
What This Program Supports
Cornerstone Bank considers charitable donation requests that:
- Improve quality of life in local communities
- Support schools, civic organizations, church groups, and nonprofits
- Provide direct benefit to residents of Central Massachusetts and Northern Connecticut
- Serve a significant group of people rather than a single individual
Support may be provided through monetary contributions or donations of goods, services, or promotional items, at the Bank’s discretion.
Eligibility & Application Requirements
To be considered for a charitable donation, organizations must:
- Be a 501(c)(3) or other recognized nonprofit organization
- Submit requests at least 30 days prior to the event or funding need
- Provide a complete proposal, including:
- Description of the organization and its mission
- Major accomplishments
- List of current board members and key staff
- Include a copy of the organization’s IRS tax-exempt determination letter
Incomplete proposals or requests with deadlines within 30 days of submission may not be considered.
Review Process & Timing
📅 Review Cycle: Monthly
📅 Review Body: Cornerstone Bank Charitable Donations Committee
Complete proposals are reviewed on a monthly basis. Organizations are encouraged to plan ahead to allow sufficient review time.
Situations for Preferential Consideration
Preference may be given to requests where:
- The recipient is a local community organization in Central Massachusetts or Northern Connecticut
- Donated funds are spent locally
- The donation directly benefits local residents
- The donation benefits a significant group of people
- Cornerstone Bank receives recognition for its donation
Ineligible Requests & Additional Notes
- Cornerstone Bank does not make charitable donations to for-profit organizations
- For-profit organizations seeking support may submit sponsorship requests, which are evaluated separately on a commercial basis for advertising or marketing value
- To accommodate requests, the Bank may choose to provide promotional items in place of cash support
Application / Request Process
Organizations seeking support should:
- Prepare a complete proposal meeting all requirements
- Attach required documentation, including IRS determination letter
- Submit the request at least 30 days in advance of the event or need
- Await review by the Charitable Donations Committee
Why This Opportunity Is a Good Fit
This opportunity is ideal for organizations that:
- Serve Central Massachusetts or Northern Connecticut
- Focus on community improvement, education, or civic engagement
- Can demonstrate clear local benefit and community impact
- Are seeking local bank support through donations or in-kind contributions
Corporate Grants Guide Notes
- Review Type: Monthly committee review
- Typical Lead Time: Minimum 30 days
- Award Type: Monetary or in-kind donations
- Best Suited For: Local nonprofit, civic, school, and faith-based organizations