From the day we first opened our doors, and every day that has followed, we’ve been guided by our mission to support the communities that we serve — not only by delivering innovative banking products, but by nurturing, helping and partnering with the people and organizations that strive to make our communities better.
This commitment to our communities led to the formation of the Envision Bank Foundation in 2016. Through investments in nonprofit organizations with a focus on support for Veterans and their families, homelessness, education, financial literacy, and meeting the needs of low- and moderate-income families, the Foundation strives to enhance opportunities in the communities we serve.
The Envision Bank Foundation was launched in early 2017, and provides a dedicated source of funds to support worthy non-profits in our market area. The Foundation will prioritize supporting organizations focused on: Veterans and their families, homelessness, education, financial literacy, and meeting the needs of low- and moderate-income families.
The Foundation has made several grants to such organizations as Honor Flight, Mass Fallen Heroes and Father Bill’s & MainSpring. For example, in 2018, the Foundation launched a five-year, $500,000 partnership to provide permanent housing for homeless Veterans in Randolph, Massachusetts. In 2019, a groundbreaking occurred to build a home for these Veterans on land donated by the Bank, valued at $225,000. The Envision Bank Home for Veterans, which is owned and managed by Father Bill’s & MainSpring, has ten efficiency-style apartments, a community space and support services with individual case management for the residents; the Foundation provided a $25,000 predevelopment grant and a $500,000 grant to support construction costs. In addition to the land donation, the Bank provided construction financing and permanent mortgage financing.
Envision Bank has an extensive history of supporting and investing in local nonprofit community organizations that strive to make a positive impact in the communities we call home — and the Foundation continues this proud legacy.
In the past, Envision Bank has supported dynamic organizations, such as:
The Envision Bank Foundation will make gifts to organizations that are qualified, tax-exempt nonprofits to do work in the communities served by Envision Bank. We serve the eastern Massachusetts region, which includes Essex, Middlesex, Suffolk, Norfolk, Bristol, and Plymouth counties. It is our intention to allocate a significant percentage of grant funds to charitable organizations that benefit the residents of these communities in the following focus areas:
Highest priority will be placed on those grant applications which support our goals and these funding areas. The Foundation has established a set of criteria upon which we focus in order to maximize our impact within our communities.
We place a high priority on organizations that are able to clearly identify organizational goals, present a plan for achieving results, and track outcomes and the impact on the people and communities we serve.
The Foundation does not generally support grants for capital campaigns, endowments, medical or academic research, sectarian or religious purposes, to support candidates for political office, or for scholarships. We do not make grants to individuals.
To encourage and support community involvement in markets Envision Bank serves and the areas our employees and colleagues work, the Envision Bank Foundation is pleased to offer a Matching Gift Program to employees of Envision Bank, its subsidiaries and affiliates.
The Program provides matching funds to charitable organizations employees personally support either through financial contribution or volunteering time. To maximize the impact of our employee’s charitable giving, Envision Bank matches, dollar for dollar, up to $5,000 annually, individual donations made by eligible employees and Board members to any qualified non-profit organization of their choice. Employees must complete the Donor Form and recipient organizations must complete the Charity Form to complement employees’ submissions.
Each grant application is reviewed by the Envision Bank Foundation Board.
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