Meredith Village Savings Bank Fund
The Meredith Village Savings Bank (MVSB) Fund makes grants every year to local non-profits that make a significant impact upon the lives of people in the communities the serve.
Over the years, the Fund has supported literacy programs, after-school programs, environmental monitoring as well
as education and restoration of historic structures, organizations that provide support for individuals and families
in challenging circumstances and equipment that helps save lives. While not focused on a particular category,
Fund administrators are mindful of the receiving organizations and their contribution to the quality of life in the
communities served.
ELIGIBILITY & CRITERIA
Directors of the MVSB Fund look for opportunities where a modest amount of funding can help an organization
accomplish a significant result. Grant requests up to $10,000 will be considered. Historically, awards have averaged
approximately $5,000. The review process is highly competitive, and the board seeks the most productive uses for the
limited funds available.
Proposals are sought from organizations which demonstrate in their application:
• Tax exempt status under Section 501(c) 3 of the Internal Revenue Code and/or public agency status
• A primary base of operations in MVSB’s market area.
• A proven history of providing value to the local community
• Organizational sustainability
• The ability to leverage other funding and/or voluntary support
• The ability to provide the most value with the requested funding
• Cooperation or collaboration with other organizations for greater impact
• Beneficial usage of previous funding supplied by the MVSB Fund (where applicable)
Grants are generally not awarded:
• To the same organization multiple years in a row
• To replace public funding or for purposes which are a public responsibility
• For political, sectarian or religious purposes
• For deficit reduction or to support activity which has already been completed
• To support academic research
• For travel out of state by school or youth groups or by individuals for scholarly or professional purposes
• To organizations with large endowment funds or investment portfolios