Charitable Foundation

Giving Guidelines
The Mansfield Bank Charitable Foundation has been adopted and formed as of July/2006. The Mansfield Bank Charitable Foundation makes charitable contributions within the Mansfield Bank communities. The Foundation seeks to enhance the quality of life for individuals supported by organizations located in the communities served by Mansfield Bank (the Bank).
 
Through the Mansfield Bank Charitable Foundation, Mansfield Bank offers a source of support to non-profit organizations that people depend on for education, health and human services, affordable housing, community development, cultural affairs and the arts. The primary focus of the Mansfield Bank Charitable Foundation is to support the well being of families, youth, and elders living in our communities.

Eligibility for Funding
Only organizations to which the IRS has granted 501 (c) (3) tax-exempt status are eligible for funding by the Mansfield Bank Charitable Foundation. Our giving priorities exclude grant funding for individuals, political, sectarian, and religious purposes, as well as pageants, trips and tour and capital campaigns. The organization must be fiscally sound and demonstrate strong administrative management.
 
Funding and Administration
The Foundation is funded annually through direct contributions from the Bank. The Foundation’s fiscal year is the calendar year.
 
How To Apply
To assess the scope of the organizations' work in the community, a complete proposal and the following financial information should be submitted to the Foundation:
• A copy of the organization’s IRS 501(C)(3) tax determination letter and Tax Identification Number
• A cover letter identifying the objective of the organization and proposed request
• A copy of the organization’s budget and budget for the specific project, if applicable
• A list of donors that provide support to the organization or plan to support the specific project
• A list and professional identification of the organization’s Board of Directors
• Information regarding any prior funding from Mansfield Bank, including the amount, purpose of grant, and year of grant
• Information regarding any banking relationship with Mansfield Bank
 
Request forms are available at each branch location and online. Click here to download the form (pdf format). Feel free to send any supporting documentation or additional collateral material.
 
Complete Proposals Should Be Forwarded To:
Mansfield Bank Charitable Foundation
c/o Mansfield Bank
80 North Main Street
Mansfield, MA 02048
 
Responsibilities Of Recipient Organization Or Program
The recipient organization or program will be required to acknowledge its obligation to use funds only for the purpose for which they have been granted, to file a written report, including an accounting of how the funds were actually used, annually, or on a more frequent basis if requested by the Foundation’s Board of Directors, and to acknowledge the Foundation’s authority to withhold and/or recover any funds which are or appear to be misused.  A final report and accounting shall also be submitted by the organization or program upon conclusion of fund usage.
 
2008 Grant Making Calendar
Mansfield Bank Charitable Foundation's Community Partnership Campaign will accept applications for 2008 based on the following schedule:
January - March
Application Due Date - March 31 (postmarked by)
Organization Notified by - April 30
April - June
Application Due Date - June 30 (postmarked by)
Organization Notified by - July 31
July - September
Application Due Date - September 30 (postmarked by)
Organization Notified by - October 31
October - December
Application Due Date - December 31 (postmarked by)
Organization Notified by - January 31, 2009

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