Machias Savings Bank: Workforce Development Grant
Machias Savings Bank
Funding Amount
US $10,000 - US $25,000
Deadline
Deadline not published
Grant Type
Foundation
Can we apply?
Check your organization against each line. Taken from the listing; confirm with the funder's guidelines.
Geography
- Serving in Machias Savings Bank’s primary lending area, as defined in our CRA Public File
Required status
- 501(c)(3) tax-exempt status
Other requirements
- 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.
Not eligible / not funded
- Not eligible: The following requests will not be considered:Travel expenses.
- Not eligible: Graduation parties.
- Not eligible: Competition or athletic events.
- Not eligible: Video or film productions, book, or publication projects.
- Not eligible: Organizations whose policies encourage discrimination.
- Not eligible: Academic research, fellowship, or publications.
- Not eligible: Any projects or organizations deemed controversial by Machias Savings Bank.
- Not eligible: Additionally, proceeds from grant funds may not be used for:Bad debts or bonuses
- Not eligible: Commissions
- Not eligible: Contributions or donations
- Not eligible: Lobbying
- Not eligible: Incorporation costs
Overview
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.
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
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
Focus Areas & Funding Uses
Fields of Work
- Nonprofits
- Workforce development
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