First County Bank Foundation

CommunityFirst Grant Applications Now Being Accepted

The First County Bank Foundation today announced the availability of its 2012 CommunityFirst grant applications for nonprofit organizations in lower Fairfield County. The CommunityFirst Grant Program is defined as grants of $2,500 or less as long as the nonprofit organization supports community or economic development, or children and families. And $1,000 or less if the nonprofit applicant falls outside of grant parameters.

To be eligible for First County Bank Foundation grants, organizations must have nonprofit tax exempt status under section 501(c)(3) of the Internal Revenue Code; be located in Stamford, Darien, Greenwich, New Canaan, Norwalk or Westport; have community support; address community needs; have measurable outcomes; and demonstrate fiscal and administrative responsibility. Special consideration is given to those agencies or programs benefiting low to moderate income populations. Grant application forms are available on the Web site: http://www.firstcountybank.com/application-process-0.

Last year the First County Bank Foundation awarded more than $591,000, including $50,000 in CommunityFirst grants, to 108 nonprofit organizations throughout lower Fairfield County. Since its inception in 2001, the foundation has awarded a total of 544 individual grants, worth more than $4.6 million. Established in 2001 in honor of the bank’s 150th anniversary, the First County Bank Foundation was created to distribute funds annually to nonprofit organizations that support community and economic development for children and families. As a mutual bank with no shareholders, First County Bank considers contributions made by the foundation a means of paying dividends back to the local communities it serves.

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