Machias Savings Bank – Donations, Grants & Sponsorships Program

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Community Giving Focused on Financial Wellness and Economic Opportunity in Maine

Machias Savings Bank supports nonprofit organizations, municipalities, and schools working to improve quality of life across the state of Maine. The bank seeks opportunities where moderate funding can drive meaningful, measurable impact, particularly for low- and moderate-income populations. Contributions are intended to support specific programs or services, not general operating support.

Organization: Machias Savings Bank
Support Type: Charitable donations, grants, and sponsorships
Geographic Focus: Machias Savings Bank service areas throughout Maine

About the Funder

Machias Savings Bank is a Maine-based, community-focused financial institution committed to strengthening the economic and social well-being of the communities it serves. Through its donations and sponsorships program, the bank prioritizes partnerships that promote financial stability, workforce readiness, and long-term community resilience.

Primary Areas of Giving

While Machias Savings Bank may support projects outside these areas depending on alignment and impact, primary funding priorities include:

Financial Wellness Education
Workforce Development
Affordable Housing
Economic Development & Entrepreneurship
Youth & Education

Additional areas of interest may include childcare, broadband connectivity, and other initiatives that strengthen community infrastructure and opportunity.

Funding Priorities & Preferences

Priority consideration is given to projects that:

Support an established customer relationship with Machias Savings Bank
Positively impact low- to moderate-income populations or align with the bank’s Community Reinvestment Act (CRA) initiatives
Demonstrate employee interest and involvement, including hands-on volunteerism (beyond fundraising alone)
Promote financial education and awareness of credit and financial services within the community

Eligible Organizations

501(c)(3) nonprofit organizations
Municipalities and schools (eligible for donation support)

Special Notes:

Chambers of Commerce must work directly with their local Machias Savings Bank branch to explore other funding options
Political organizations or candidates are not supported
Religious organizations or activities for sectarian purposes are not supported

Funding Amounts

Donations: As small as $100
Grant Awards: Typically $1,000 – $5,000
Multiyear Pledges: Historically $100,000 or less, with an average of $25,000

Application Requirements

Applicants should be prepared to:

Complete the full application form with detailed information
Attach supporting materials, such as:
- Annual impact report
- Flyers, photos, brochures, or program materials
For 501(c)(3) organizations, include:
- Copy of IRS 501(c)(3) determination letter
- Completed W-9 form (required for payment)

After submission, applicants will receive a confirmation email from no-reply@kadince.com.

Timeline & Review

Minimum Lead Time: Allow at least 30 days from submission
Review Process: Requests are reviewed by the Giving Committee, which meets monthly

Application / Learn More

All requests must be submitted in accordance with Machias Savings Bank’s guidelines.

➡️ Apply / Learn More:
https://www.machiassavings.bank/donations-and-sponsorships-guidelines/

Why This Opportunity Is a Good Fit

This program is well suited for organizations that:

Operate in Maine and within Machias Savings Bank’s service areas
Serve low- and moderate-income individuals or communities
Focus on financial wellness, workforce readiness, housing, youth, or economic development
Can demonstrate strong community impact with modest funding
Are interested in building a relationship-driven partnership with a local community bank

Corporate Grants Guide Notes

Review Type: Monthly committee review
Typical Award Size: $1,000–$5,000 (grants)
Best Suited For: Maine-based nonprofits, municipalities, and schools with program-specific funding needs and clear community impact