The MainStreet Foundation, initiated by an investment from Androscoggin Bank in 1997, aims to provide essentials like food, security, shelter, and education for at-risk children. It is a distinct entity supported by resources and in-kind support from Androscoggin Bank, with a board comprising Bank employees, directors, corporators, and community members who are committed to nurturing a stable childhood environment in Maine.
The MainStreet Foundation offers grants on a quarterly basis to projects that aid at-risk children by providing vital necessities such as food, security, shelter, and education. Through these grants, the Foundation seeks to ensure vulnerable youth in Maine have access to a supportive and safe environment, thereby positively impacting their lives. Grant amounts can go up to $5,000, with applications accepted throughout the year for consideration at the upcoming deadline.
The Foundation's Board is more inclined to view proposals favorably when they clearly show a beneficial effect on at-risk youth and address their specific requirements. Local organizations that boast sustainable, albeit modest, operational budgets are typically given precedence by the Foundation.