Thursday, June 24, 2010

Salem Five Philanthrophy

Salem Five Bank has two philathropic outlets: The Salem Five Charitable Foundation and The Heritage Salem Five Charitable Foundation. The former makes small donations (usually $50 to $1000) and considers requests on a rolling basis.

"The Heritage Grant Program will award grants with a minimum value of $5,000, to non-profit organizations that support education, health and human services, youth programs, affordable housing, and community development. To qualify for a Heritage Grant, the non-profit organization must be located in the communities of Salem, Marblehead, Beverly, Peabody, or Danvers, Massachusetts." There are two deadlines a year for this program. The application deadline is March 19, 2010 for spring awards and September 17, 2010 for fall grants.

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