Fund for Community Advancement Grant Program

The Fund for Community Advancement Grant Program, established by Franklin Savings Bank in 1997, aims to enhance community life by supporting diverse projects. Grants range from $1,000 to $10,000, focusing on areas such as affordable housing, healthcare, and social services, particularly for low to moderate income families. Eligible organizations must be 501(c)(3) tax-exempt entities or government subdivisions. The program encourages impactful initiatives within Franklin and surrounding communities.

Background
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.
Grant Categories
The Fund is very active in supporting a broad range of community activities.
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.
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.

Eligibility

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. 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.

Ineligibility

Grants will not generally be awarded as operating support or funding for ongoing or annual programs.