|Funding Opportunity: The M&T Charitable Foundation|
Neighborhood Networks provides potential funding sources to help centers develop and improve programs and services. Featured this week is The M&T Charitable Foundation.
M&T Bank Corporation is one of the 20 largest independent bank holding companies in the United States, with assets of more than $69 billion. M&T has more than 800 branches, 1,800 automated teller machines, and 15,000 employees located in New York; Pennsylvania; Maryland; Washington, D.C.; Virginia; West Virginia; and Delaware.
The M&T Charitable Foundation supplies millions of dollars in funding every year to a wide range of community-based organizations. The foundation has contributed nearly $115 million in charitable contributions over the past 10 years.
Program Areas: The M&T Charitable Foundation provides diverse grants that improve the quality of life for residents living in M&T Bank communities that serve New York, Pennsylvania, Maryland, Virginia, Delaware, and the District of Columbia. The foundation supports civic, cultural, and health and human service organizations with financial grants, employee volunteerism, and in-kind services.
Eligibility: The M&T Charitable Foundation awards grants to organizations with valid Internal Revenue Service (IRS) 501(c)(3) tax-exempt status. The foundation does not fund:
- Organizations that lack 501(c)(3) tax-exempt status.
- Political organizations, candidates, or lobbying efforts.
- Fraternal or veterans organizations.
- Sports teams.
- National or international organizations, unless their programs have significant local impact.
- Religious or sectarian organizations, except when they are conducting programs secular in nature and have wide public impact.
Target Areas: Northeast and Mid-Atlantic.
Award Amount: Award amounts vary.
Application Process: All requests received by The M&T Charitable Foundation are reviewed by local Charitable Contributions Committees. Monthly meeting dates vary from region to region. Interested applicants can contact the appropriate regional representative for the scheduled meetings and addresses.
To be considered for a charitable contribution, organizations must submit the following:
- A completed Charitable Contributions Application.
- Board member list with affiliations.
- Copy of the IRS 501(c)(3) federal tax exemption letter of determination.
- Any brochures or printed materials describing the project or event.
- Copy of most recent IRS 990 filing, if request is $10,000 or more.
- Copy of most recent annual financial report filed with state authority.
- A brief proposal (1-2 pages) that includes:
- Mission statement/purpose of organization.
- Detailed description of the need for funding.
- Description of how the contribution will benefit the quality of life in the community.
- The nature and sources of permanent funding.
- Annual budget and/or project budget.
- How the program's impact will be measured.
- If the request is for $10,000 or more, organizations must complete the Supplemental Questionnaire contained in the application.
- Applicants applying for funding in the Buffalo area must follow instructions for Definition of Sponsor for Submission of Buffalo Proposals contained in the application.
- If applicable and applying for funding in Greater Baltimore, Greater Washington, or Chesapeake/Central Maryland, applicants must complete the Volunteer Form contained in the application.
- If applicable and applying for funding in the Rochester area, applicants must complete the Logic Model contained in the application.
Contact: For more information about The M&T Charitable Foundation, contact your local M&T Charitable Contact.
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451 7th Street S.W.,
Washington, DC 20410
708-1112 TTY: (202)