Machias Savings Bank: Workforce Development Grant

Machias Savings Bank: Workforce Development Grant

Status: ACTIVE
Funder: Machias Savings Bank
Amount: US $10,000 - US $25,000
Last Updated: October 14, 2025

Summary

The Machias Savings Bank Workforce Development Grant aims to support projects that enhance job training and workforce skills within its primary lending area. With a total funding of $50,000, awarded in amounts of $25,000, $15,000, and $10,000, the grant seeks organizations that demonstrate financial stability and effective leadership. Eligible projects must align with workforce development goals, ensuring individuals gain skills for sustainable employment opportunities.

Overview

Workforce Development Grant We are pleased to announce our Workforce Development Grant. This award’s beneficiary(ies) will have a deserving project(s) located or serving in Machias Savings Bank’s primary lending area, as defined in our CRA Public File. Our primary lending area shall, at a minimum, include all areas where a Machias Savings Bank location is present. Machias Savings Bank’s goal is to fund projects supporting workforce development. Ideally, awards will be made to programs or services that support job training programs, educate individuals with new skills to earn a more livable wage, or provide hands-on training to improve workforce skills. Funding $50,000 will be awarded in three amounts: $25,000, $15,000, and $10,000.

Eligibility

You can learn more about this opportunity by visiting the funder's website. The organization needs to provide proof of 501c3 status and demonstrate the ability to carry out the goals and objectives cited in the grant application. It should also provide financials to ensure a reasonable level of financial stability and evidence of experienced leadership and effective programming that supports workforce development.

Ineligibility

The following requests will not be considered:Travel expenses. Graduation parties. Competition or athletic events. Video or film productions, book, or publication projects. Organizations whose policies encourage discrimination. Academic research, fellowship, or publications. Any projects or organizations deemed controversial by Machias Savings Bank.Additionally, proceeds from grant funds may not be used for:Bad debts or bonuses Commissions Contributions or donations Lobbying Incorporation costs Medical Bills Fines or penalty fees