Question 1

What does Machias Savings Bank Community fund?

Accepted Answer

Machias Savings Bank Community has funded 70 organizations with 102 grants on file.

Question 2

How much does Machias Savings Bank Community give in grants?

Accepted Answer

In the most recent filing year, Machias Savings Bank Community awarded $202,640 in grants. The foundation holds $3,942,418 in total assets. Grant data is available for 4 years, from 2021 to 2024. There are 102 individual grants on file.

Question 3

Who runs Machias Savings Bank Community?

Accepted Answer

Machias Savings Bank Community is led by LuAnn Ballesteros (Director), Chris Fitzpatrick (Director), Robert W Foster (Director), and 20 others. This information is from their 2024 IRS 990-PF filing.

Question 4

Where is Machias Savings Bank Community located?

Accepted Answer

Machias Savings Bank Community is located in Machias, ME. Their EIN is 01-0514175. Their website is https://www.machiassavings.bank/guidelines.aspx.

Question 5

How to apply for a grant from Machias Savings Bank Community?

Accepted Answer

Grant application processes vary by foundation. Machias Savings Bank Community accepts unsolicited proposals. Potential applicants may learn about and apply for funding through the Machias Savings Bank website, at: https://www.machiassavings.bank/guidelines.aspx Applicants will be asked to describe their organization and why they are deserving of funding. The Foundation will prioritize projects that benefit low-to-moderate income households. Grant funds will be awarded to projects or services that: create or retain jobs, revitalize communities within our service area, help to provide affordable housing, or other programs designed to assist low-to-moderate income households. The applicant must demonstrate the ability to carry out the objectives cited in the grant application. Applicants will need to include a project narrative; a grant budget; a letter of support; and a copy of their 501(c)(3) exemption letter with their application. Visit their website for more information. You can also use Signal990 to research their grant history and find the best approach.

Year	Total Granted	Grants Made	Avg Grant
2024	$202,640	27	$7,505
2023	$242,750	35	$6,936
2022	$159,800	22	$7,264
2021	$132,666	18	$7,370

Machias Savings Bank Community

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