The 2020 Catalyst Grant provides 501(c)(3) nonprofits located in the Kennebec Savings Bank service area with three $10,000 one-time grants. The purpose of the grant is to assist nonprofit organizations in offsetting financial hardships as a result of the COVID-19 pandemic.
Criteria: Due to the nature of the grant, criteria will be somewhat flexible in order to provide for the broadest possible application. Criteria include:
- The organization must be a 501(c)(3) organization;
- The organization must operate within Kennebec Savings Bank’s service area;
- The organization is experiencing financial hardships caused by the COVID-19 pandemic.
Application: Applications for the Catalyst Grant are available on the KSB website through the online portal. In order to be considered, all questions on the application must be completed by the stated deadline.
Competitive Process: A Catalyst Grant Committee comprised of nine Bank employees will consider all applicants. Using Catalyst Grant criteria as its framework, this ad hoc group will decide which three applicants will receive funds. Decisions made by the group will be considered final.
Questions: For additional information on this grant, please contact Amanda Cooley, Community Engagement Director, via email or 207-622-5801.