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The Sovereign Bank Foundation, (the Foundation) makes charitable contributions to 501(c)(3) non-profit organizations. Foundation resources are allocated to requests benefiting low- and moderate-income individuals and communities.
How to Apply
The following information must be submitted to the Foundation(Electronically Preferred):
- Complete Grant Proposal Cover Sheet.
- A maximum two page narrative proposal.
- A copy of the organization's current budget, and budget for the specific program identifying any committed and pending support for the program.
- A list and professional identification of the organization's Board of Directors.
- A copy of the organization's Federal IRS 501(C)(3) tax determination letter and Taxpayer Identification Number.
Should Sovereign require any additional documents or information, we will contact you. Please do not send any additional collateral materials, CDs, or photographs unless we request them.
Foundation priorities are focused in the following areas:
- Community Investment and Economic Development
- Programs supporting affordable housing for low- and moderate-income individuals and communities
- Economic development projects that improve the quality of life, sustain economic development and support job skills for low- and moderate-income individuals and communities
- Facilities that promote community development programs
- Not-for-profit organizations providing credit counseling, homeownership counseling, home maintenance, and other financial service education
- Environmental Projects
- Youth and Education
- Programs that enrich a child's educational opportunities, such as school programming and curriculum development from outside organizations and after school programs, in addition to early childhood development, and special education programs, with preferences given to those programs targeting low-and moderate-income communities
- Health and Human Service
- Programs that revitalize or stabilize low- and moderate-income areas and/or community services targeted to low- and moderate-income individuals
- Arts and Culture
- Contributions are considered to visual and performing arts programs, museums, libraries, cultural centers, and public radio and television stations that support programs and services to low- and moderate-income communities
Funding Exclusions
- Individuals
- Capital Campaigns
- Programs with political, sectarian, and religious purposes
- Pageants
- Team sponsorships or sporting events
- Organizations traditionally supported by parents (e.g. Little League, PTO, Scouting)
- Advertising in programs, bulletins, schedules, maps, yearbooks, book covers, or brochures
- Trips and tours, including transportation costs
- "Walk-a-thon" races or similar fundraising events
2013 Grant Making Calendar
January-March
Applications must be postmarked by March 7th.
Organizations will be notified by April 30th.
April-June
Applications must be postmarked by June 8th.
Organizations will be notified by July 31st.
June-September
Applications must be postmarked by September 7th.
Organizations will be notified by October 31st.
Please be advised: The Foundation reserves the right to close each funding cycle at any time; we encourage you to apply early within each cycle to increase the probability your application will be considered.
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Next Step |
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Completed applications
should be sent electronically
or by mail to the following:
Organizations in
Mid-Atlantic, PA, Central and Southern NJ, MD and New
Castle County, DE:
CRA Division Manager
Sovereign Bank
20-536-CD2
2 Aldwyn Lane
Villanova, PA 19085
MIDAFoundation @sovereignbank.com
Organizations in New England,
MA, CT, NH, and RI:
CRA Division Manager
Sovereign Bank
MA1-MB2-03-06
2 Morrissey Blvd.
Dorchester, MA 02125
NEFoundation @sovereignbank.com
Organizations in Metro-New York,
NY and Northern New Jersey:
CRA Division Manager
Sovereign Bank
NY1-6528-LG12
195 Montague St
Brooklyn, NY 11201
NYFoundation @sovereignbank.com
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