Question 1

What does Bangor Savings Bank Foundation fund?

Accepted Answer

Bangor Savings Bank Foundation has funded 439 organizations with 619 grants on file.

Question 2

How much does Bangor Savings Bank Foundation give in grants?

Accepted Answer

In the most recent filing year, Bangor Savings Bank Foundation awarded $1,151,300 in grants. The foundation holds $6,977,862 in total assets. Grant data is available for 4 years, from 2021 to 2024. There are 619 individual grants on file.

Question 3

Who runs Bangor Savings Bank Foundation?

Accepted Answer

Bangor Savings Bank Foundation is led by Wendy Durrah (VP/Secretary/Clerk), Michael O'Connor (Treasurer), Vincent P Veroneau (Vice Chair), and 9 others. This information is from their 2024 IRS 990-PF filing.

Question 4

Where is Bangor Savings Bank Foundation located?

Accepted Answer

Bangor Savings Bank Foundation is located in Bangor, ME. Their EIN is 04-3353896. Their website is https://www.bangor.com/the-bangor-savings-bank-foundation.

Question 5

How to apply for a grant from Bangor Savings Bank Foundation?

Accepted Answer

Grant application processes vary by foundation. Bangor Savings Bank Foundation accepts unsolicited proposals. To apply for a grant from the Foundation, applicants should review their applicable Grant Guidelines and submit the online application found at the following website: https://www.bangor.com/the-bangor-savings-bank-foundation/ Potential applicants must submit a completed grant application, including at least the following: (I) describing the initiative seeking support; (II) how the award benefits the region served by Bangor Savings Bank; and (III) attestation of 501(3) tax-exempt status. Applications are reviewed bi-annually. Prior applicants may reapply one year from the date of prior submission. Decisions on funding are generally announced within 45-75 days of each application deadline. 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	$1,151,300	156	$7,380
2023	$1,246,813	152	$8,203
2022	$1,355,290	157	$8,632
2021	$1,319,960	154	$8,571

Bangor Savings Bank Foundation

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