Saturday, March 26, 2011

Regions Bank Community Foundation

Regions Bank Community Foundation is committed to education as a means of helping young people prepare for the future. They sponsor financial literacy programs in grades pre-K through 12, with preference given to schools serving low and moderate-income communities. Also included in this focus are higher education initiatives, teacher training programs, and capital campaigns, particularly those relevant to business or the banking industry.

Sponsorships that do not support a nonprofit organization may be considered as marketing initiatives and not part of the Regions Charitable Giving Program.

Each organization considered for the Regions Charitable Giving Program must have 501(c)(3) nonprofit status and be located in a state where Regions does business. For full consideration, the requesting organization should direct a written proposal to the Regions city president in the area being served. Proposals should include:
  • A copy of the organization's 501(c)(3) determination letter from the Internal Revenue Service.
  • A one- to two-page letter, on the letterhead stationery of the organization, explaining the request and its purpose.
  • A current list of board members for the requesting organization.
  • The organization's most recently audited financial statement.
  • Any additional information or documentation supporting the request.
Proposals are considered throughout the year, with decisions made in approximately 30-45 days.

Since this funding source operates in a decentralized fashion ... BETF is comfortable submitting multiple grant proposals on behalf of multiple chapters. However, it is up to your chapter to identify the Regions city president in your area. We need contact information for that local Regions president in order to submit our grant proposal.

Do you know BDPA members or chapters that do their banking with Regions Bank?

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