Contributions Grants

Please review the instructions below to ensure eligibility. Be prepared to complete the application and upload the requirement documents in one session, as you will not be able to save in-progress applications. 

BankNewport does not ordinarily contribute to:

• General operating support, including salaries and stipends
• National organizations, including state and local chapters
• Individuals or families seeking financial, scholarship or other assistance
• Memorial events
• Religious, fraternal or political organizations
• Trips, tours, transportation costs, seminars and conferences
• “Pass through” fundraisers (funds that will be given to another organization)
• Annual Fund Drives or Campaigns
• Playground projects

Note: That a contribution or a grant submission does not guarantee that the request will be funded.

CONTRIBUTIONS: Requests up to $5,000

Please review the instructions below to ensure eligibility. Be prepared to complete the application and upload the required documents in one session, as you will not be able to save in-progress applications.

BankNewport Contribution requests are reviewed on a quarterly basis. Applications must be submitted in accordance with the following timeframes for consideration:

Contribution requests must be received at least 60 days before the event/program. Only one Contribution request will be considered per year.

Applications must include all of the following required documents, uploaded in PDF format:

1. A letter stating the amount requested and the purpose of the funding.
2. A brief description of the organization’s mission, history and accomplishments.
3. Share other funding partners that support the organization, event or program.
4. Organization must hold a federal tax-exempt 501(c)(3) status; a copy of the IRS determination letter must be uploaded. Also upload a completed Taxpayer Identification Number W-9 form.

Please Note:

~ A Contribution submission does not guarantee that the request will be funded.

~ Please do not send duplicate copies of the application via mail, email or by hand delivery.

If you have any questions or may need assistance, contact: Meredith.Cropper@BankNewport.com

Apply For a Contribution

GRANTS: Requests $5,000 and over

Please review the instructions below to ensure eligibility. Be prepared to complete the application and upload the required documents in one session, as you will not be able to save in-progress applications.

The BankNewport Charitable Foundation was established in 2023 as an extension of BankNewport’s commitment to the Rhode Island communities the bank and its employees have served since 1819.  Through our Foundation we support the work of 501(c)(3) nonprofit organizations focused on education, human services, community development, healthy lives, arts and culture, and the environment.

Grant proposals are reviewed by the Foundation Board twice per year, in March and in September. Applications must be submitted in accordance with the following timeframes for consideration:

Foundation grants will be considered for projects and programs, including those with a special focus on human services and community development initiatives that serve low to moderate income individuals and communities.

The BankNewport Charitable Foundation does not make multi-year commitments, and support in one year does not imply continued support in future years. If an organization has recently received a significant grant from the Foundation, in the Foundation's reasonable discretion, they may be asked to wait a period of time before submitting a new grant proposal to the Foundation. Grant requests for individuals or for general operating support, including salaries and stipends, will not be considered.

Applications must include all of the following required documents, uploaded in PDF format:

1. Organization must hold a federal tax-exempt 501(c)(3) status; a copy of the IRS determination letter must be uploaded. Also upload a completed Taxpayer Identification Number W-9 form.
2. A letter with a brief description of the organization’s mission, history, and accomplishments
3. A narrative clearly defining the goals and objectives for the requested project; include the criteria by which the project will be measured, evaluated and the expected outcomes. Share other funding partners that support the project.
4. Operating budget for the current year for both the organization and the project to be funded, with projected revenues and expenses.
5. List of all officers and board members with any compensation provided by the organization, or a statement that no compensation is paid.
6. An audited financial statement for the organization for the past two fiscal years.

Please Note:

~ Organizations awarded a grant will be required to submit a final grant report.

~ A grant submission does not guarantee that the request will be funded.

~ Please do not send duplicate copies of the application via mail, email or by hand delivery.

If you have any questions or may need assistance, contact: Kathleen.Charbonneau@BankNewport.com

Apply For A Grant