Southcoast Community Foundation Inc logo

BankFive President’s Scholarship Grant

Southcoast Community Foundation Inc

Funding Amount

Not stated

Deadline

Deadline not published

Grant Type

Foundation

Overview

The BankFive President’s Scholarship, established by the SouthCoast Community Foundation, honors the legacy of its late Presidents & CEOs. This scholarship provides financial support for one or more graduating seniors from Bristol County, MA, and Bristol and Newport Counties, RI to attend accredited colleges or universities. It considers both academic achievement and financial need, and is renewable for students who maintain full-time enrollment and meet eligibility requirements.

To date, the organization has distributed over $50 million from more than 200 funds to humanitarian, educational, and cultural organizations in the region.
The BankFive President’s Scholarship Fund was established to honor the memory of BankFive’s late Presidents & CEOs. The fund provides a four-year scholarship to one or more graduating senior(s) from Bristol County, MA and Bristol and Newport Counties, RI, while attending an accredited college or university. This scholarship is awarded with consideration of either academic achievement or financial need. The scholarship is renewable each year that the student is enrolled full-time and meets eligibility requirements.

What Southcoast Community Foundation Inc actually gave

Source: IRS Form 990, 2024

Grants in 2024
92
Total given
$2.52M
Median grant
$13K
Range
$6,000–$190K
  • By dollars: Massachusetts >99%, District of Columbia <1%, New York <1%. Top recipient cities: New Bedford, MA; Fall River, MA; Westport, MA.
  • 0% of grants with a stated purpose were for general or operating support.
  • 20% of recipients were new grantees, not repeat recipients.

Example grants

  • The Salvation Army Canton · Canton, MA

    Health and human services

    $190K

  • Old Dartmouth Historical Society · New Bedford, MA

    Education and youth development

    $174K

  • Pace Inc · New Bedford, MA

    Community and economic development

    $159K

  • Umass Dartmouth Foundation · Dartmouth, MA

    Education and youth development

    $138K

  • New Bedford Public Schools · New Bedford, MA

    Education and youth development

    $134K

IRS Form 990, 2024. Amounts as reported by the funder. Full 990 history →

Focus Areas & Funding Uses

Fields of Work

  • Education

Categories

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