Lebanon, NH
990PF REPORT
Mascoma Bank Foundation
Mission
The Mascoma Bank's mission is deeply rooted in serving the community by not only offering a vast array of financial services and fulfilling the credit requirements of their clientele but also by contributing to economic growth through employment. Established in 1988 with an initial fund of $1,000,000, the Mascoma Bank Foundation embodies this commitment by providing an "ongoing dividend" back to the communities that have fueled Mascoma Bank's success, with over $6 million in grants awarded to local not-for-profit groups to date.
Summary
Based on IRS 2022 990PF Filing
Revenue
$516.9k
Number of grants
45
Assets
$6.4M
Median grant size
$8.5k
Total giving
$436.4k
Average grant size
$9.7k
Contact
EIN
222816632
Address
67 NORTH PARK STREET, LEBANON, NH 037660435
Phone
Key People
Name
Title
Gretchen Cherington
Trustee
Edward Kerrigan
Trustee Until April 2022
Gary Gray
Trustee
Merritt Patridge
Trustee
Deirdre Goodrich
Trustee
Grant Application
Instructions
APPLICATIONS MAY BE SUBMITTED ON THE MASCOMA BANK WEBSITE AND SHOULD BE COMPLETE ON SUBMISSION.
Deadline
PROPOSALS ARE CONSIDERED TWO TIMES PER YEAR. DEADLINES ARE APRIL 1 AND OCTOBER 1.
Restrictions
GRANTS TO ORGANIZATIONS WITHIN THE LENDING AREA OF MASCOMA BANK. AN ORGANIZATION RECEIVING FUNDS FROM THE FOUNDATION IS ELIGIBLE TO SUBMIT A NEW APPLICATION IF AT LEAST 24 MONTHS HAS PASSED SINCE THEY HAVE RECEIVED A DONATION.
Submission contact
Contact name: SARAH MARTEL
Address: 67 N PARK STREET, LEBANON, NH 03766
Financial Trends
Past Grantees

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