We invest in community events and organizations that assist our neighbors.
As a community bank, we at BankFive are proud of our role as a partner investing in our Massachusetts and Rhode Island neighborhoods. If you’re part of a 501(c)(3) nonprofit charitable organization in need of financial assistance, we want to hear from you.
Our Focus Areas
We support and participate in local events and activities that benefit the following areas:
- Equity-Based Youth Programs: Providing equitable opportunities for youth to succeed through education, mentorship, and leadership initiatives.
- Community Health Services & Basic Needs: Addressing critical needs such as healthcare access, food security, and essential services to enhance the quality of life.
- Underserved Communities: Initiatives assisting with affordable housing initiatives and revitalization in underserved communities.
- Business and Economic Development: Programs that enhance business and economic growth.
- Arts & Culture: Supporting programs that enrich communities through creative and cultural experiences.
- Financial Literacy: Empowering individuals and families with the tools and knowledge needed for effective financial management and planning.
Eligibility and Evaluation
Completed requests are carefully evaluated and considered by our Charitable Giving Committee. Please note the following:
- Committee Meetings: The Charitable Giving Committee meets once a month to review applications.
- Evaluation Period: A minimum of two months prior to the deadline is needed to evaluate and process incoming requests.
Geographic Eligibility
Your organization must operate in and provide services to at least one of the following communities:
- Bristol County, Massachusetts
- Barnstable County, Massachusetts
- Bristol County, Rhode Island
- Newport County, Rhode Island
- Washington County, Rhode Island
- Providence County, Rhode Island
- Kent County, Rhode Island
Application Process
To apply for a donation, please follow these steps:
- Download the Charitable Giving Program Request Form
- Prepare the Required Documents:
- A copy of your 501(c)(3) nonprofit status form.
- A copy of your taxpayer identification number (W-9 form).
- A brief cover letter on organizational letterhead providing all relevant information not included in the donation request form, including your mission statement.
- Sponsorship levels and ad specification materials, if applicable.
3. Submit your application. The completed application, along with all required documents, must be emailed to charitable@bankfive.com. Please do not submit applications or supporting documents via mail.
We look forward to learning more about your organization and how we can support your efforts in making a positive impact in our community.
For any questions or further information, please contact us at charitable@bankfive.com.
