CMCF: Chemical Bank Fund Grant

The Chemical Bank Fund, part of the Central Montcalm Community Foundation, plays a crucial role in providing support for unanticipated community needs that fall outside the Foundation's typical grant application periods. This fund ensures that essential services and programs can continue to operate effectively, enhancing the overall quality of life for residents in the Central Montcalm area. By utilizing annual earnings from permanent endowments, the fund helps sustain vital community initiatives.

The Central Montcalm Community Foundation mission is to enhance the quality of life in the Central Montcalm area through grants funded by the annual earnings generated from the gifts, bequests and estates contributed as endowments.
Central Montcalm Community Foundation Funding Sources
The annual earnings generated from each permanent endowed fund is used yearly to support the specific intent of each of these funds. The principal from each of these funds is never utilized even as it grows – “it lives forever”. Only the annual earnings generated is used. Funding to help meet these needs is generated by fund raising events (e.g., Golf Annual Outing, Big Bash) and other contributions designated for that specific purpose (e.g., Chemical Bank fund).
Supports and helps fund the Discretionary Fund and its ability to meet unanticipated community needs that fall outside the Foundation’s normal application period/or existing endowed fund use criteria.

Eligibility

This fund is used to meet unanticipated community needs that fall outside the Foundation’s normal application period.Funds that are not endowed are used to respond to unanticipated community needs as well as cover administrative costs.