Provident Bank Foundation
Posted by Provident Bank Foundation on January 26, 2015
Provident Bank Foundation Issues RFP for Community Signature and Impact Grants
The Provident Bank Foundation was created in 2003 with a donation of stock and cash from the initial public offering of Provident Financial Services stock. Since its inception, the foundation has awarded more than $19 million to deserving organizations within the communities served by Provident Bank in New Jersey and Pennsylvania.
The foundation has issued a Request for Proposals from nonprofits for community enrichment programs that drive economic development, contribute to a more well-rounded community experience, and provide increased access to information and specialized learning opportunities.
Through its Signature Grant program, the foundation supports projects in three priority areas: community enrichment, education, and health, youth, and families. Priority will be given to initiatives that help drive ongoing community enhancement and lead to long-term change. One Signature grant of up to $100,000 will be awarded in each of the foundation’s three priority areas.
Community Enrichment: This program supports projects that drive economic development, contribute to a more well-rounded community experience, and provide increased access to information and specialized learning opportunities. LOIs should be returned no later than February 16, 2015. Upon review, selected applicants will be invited to submit a complete application by April 1, 2015.
Education: This program supports innovative programming that expands access to and improves the quality of well-rounded educational experiences for people of all ages. LOIs should be returned no later than May 18, 2015. Upon review, selected applicants will be invited to submit a complete application by July 1, 2015.
Health, and Youth, and Families: This program supports projects designed to ensure that people of all ages and means have the ability to improve the quality of their lives, including having a safe place to live and access to quality health care. LOIs should be returned no later than August 17, 2015. Upon review, selected applicants will be invited to submit a complete application by October 1, 2015.
In addition, the foundation will award up to four $20,000 Impact grants in 2015 focused in new geographic service areas resulting from Provident’s acquisition of Team Capital Bank — namely Hunterdon and Warren counties in New Jersey and the Lehigh Valley and Bucks County in Pennsylvania. Proposed projects should fall within the foundation’s priority giving areas listed above.
LOIs for projects serving Hunterdon and Warren counties must be received no later than February 16, 2015. Upon review, selected organizations will be invited to submit a complete application by April 1, 2015.
LOIs for projects serving the Lehigh Valley and Bucks County must be received no later than May 18, 2015. Upon review, selected organizations will be invited to submit a complete application by May 1, 2015.
To be eligible, applicants must be considered tax exempt under Section 501(c)(3) of the Internal Revenue Code. In addition, applicants must be located in or serve communities within a Provident Bank service area.
Visit the PBF website for complete program guidelines and application instructions.
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