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Ion Bank Foundation Grant

Grants to Connecticut Nonprofits, Agencies, Schools, and
Faith-Based Organizations for Community Benefit Programs

Agency Type:

Foundation / Corporation

Funding Source:

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Ion Bank Foundation

Deadline Date:

09/20/21

Description:

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Grants of up to $10,000 to Connecticut nonprofit organizations, municipalities, schools, and religious organizations for community benefit programs and capital needs in eligible communities. Priority areas of funding include housing and rehabilitation, community services, economic development, and revitalization or stabilization of distressed or underserved areas.

Applicant must be located in or serving residents of Ansonia, Cheshire, Farmington, Hamden, Meriden, Middlebury, Naugatuck, Oxford, Prospect, Southbury, Wallingford, Waterbury, Watertown, or Woodbury.

The Ion Bank Foundation will primarily fund direct costs incurred in starting or improving a program. However, indirect/overhead expenses are permitted as a line item. Specifically, Ion Bank Foundation seeks projects that align with the Foundation’s priorities.

The priorities are:

  • Affordable housing and rehabilitation
  • Community services; including but not limited to, healthcare, education, job training, social services, child care, and credit or financial services
  • Economic development
  • Revitalization or stabilization of distressed or underserved areas 

Applicants may submit a proposal for equipment, however, Ion Bank Foundation gives higher priority to requests for programs and services over capital or equipment.

GrantWatch ID#:

GrantWatch ID#: 175377

Estimated Size of Grant:

Most requests supported by the Ion Bank Foundation fall in the $3,000 - $10,000 range.

Additional Eligibility Criteria:

- An applicant must be a not-for-profit organization recognized under Section 501(c)(3) of the Internal Revenue Code, a municipal entity seeking a grant for public purposes or a religious organization seeking a grant for nonsectarian projects primarily associated with foundation priorities.

- Applicant must have a board of at least 3 representatives of the community, of which a majority is neither employees nor relatives of employees.

- Applicant must possess a Nonprofit Registration to Solicit Funds (or exemption, if appropriate) from the Connecticut Department of Consumer Protection. The registration must be renewed annually (http://www.portal.ct.gov/DCP/Charities/Charitable-Solicitation-Registration-Information).

- The Foundation will consider requests from schools, however, the requests from schools (or for programs offered in schools by nonprofit organizations) must include a signed letter of support from the principal of the school submitted with the grant application.

Ineligible for Funding:
- Requests for political or religious purposes
- Requests from municipalities or religious organizations for buildings or associated expenses (however, the Foundation may consider support for equipment if it is specifically part of an eligible programmatic request)
- Requests for capital expenditures on buildings not owned by the non-profit requesting funds.

Pre-Application Information:

2021 Grant Applications must be submitted by:
- April 12, 2021
- September 20, 2021

Note: The grant review and decision-making process takes approximately 8 weeks from the grant submissions deadline date.

Applicants may submit more than one proposal in a year. However, if an applicant has received a competitive or designated grant in that year, a second would be unusual.

Contact Information:

Before starting your grant application, please review the funding source's website listed below for updates/changes/addendums/conferences/LOIs.

Submit application electronically to grants@ionbank.com.

For further information about the Foundation or to discuss your proposal, please contact Patrick McKenna at pmckenna@conncf.org or 203.753.1315, ext. 118.

URL for Full Text (RFP):

Geographic Focus:

USA: Connecticut: Ansonia, Cheshire, Farmington, Hamden, Meriden, Middlebury, Naugatuck, Oxford, Prospect, Southbury, Wallingford, Waterbury, Watertown, and Woodbury

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