FNC Bank Grant Guidelines & Application
FNC BANK GRANT GUIDELINES & APPLICATION
*Sponsorship requests, such as golf tournaments, sports fundraisers, etc., are not included in this process. Such requests should be directed to marketing@fnc.bank.
First National Community Bank understands the importance of partnering with organizations in the communities we serve to improve the well-being of the citizens that make our region a great place to live and work. As a part of that commitment, we make funds available to assist various entities in their work to improve lives through giving and service. We provide this assistance through a grant program which focuses on priorities we feel are of great importance in our area. This document sets forth our giving priorities and outlines the application procedure for local non-profit organizations who support our mission.
FNC Bank Giving Priorities
We will only consider requests from tax-exempt (for example, 501(c)(3) designated) organizations located within St. Croix, Polk, or Pierce counties which also provide what we consider to be a substantial portion of their goods/services to constituents within St. Croix and/or Polk counties. A copy of the IRS determination letter or other conclusive evidence of tax-exempt status must accompany the application.
We will consider support for the type of grant requests in the following order of priority:
- Programming expenses;
- General operating expenses; and
- Capital projects.
We will consider only written grant applications made in accordance with this document, and will give preference to requests that address areas of need in the following order of priority:
- Access to basic needs (primarily food, clothing, and shelter);
- Promotion of literacy. The literacy effort/materials must be targeted to improve reading level/reading comprehension, but can be associated with various academic subjects;
- Requests that do not fit precisely within the above-listed priorities but are closely related, and in our view fulfill our commitment to the greater good.
Please note that as a regulated financial institution, we will screen applications in accordance with the Bank Secrecy Act and file Suspicious Activity Reports when warranted.
Application Procedure
Application deadlines: By January 15, for March award/presentation, and July 15, for September award/presentation. FNC Bank reviews applications twice a year. We will consider applications received by 5:00 p.m. on the deadline dates. If deadline date falls on a Saturday, Sunday, or holiday, the deadline is the next business day.
Maximum award: The maximum amount that can be awarded to any single requesting organization in any calendar year is $2,500.
Submission of application: We will consider only fully completed applications. If an item does not apply, write in “N/A”. Applications must be submitted via regular mail, email, or in person. Please direct mailed applications to Grant Requests, FNC Bank, 109 E. 2nd St., PO Box 89, New Richmond, WI 54017. Emailed applications must be sent to grants@fnc.bank. Applications submitted in person can be dropped off at any of our branches in New Richmond, Somerset, Hudson, or Dresser during regular business hours. We will respond to your application within 60 days of the relevant deadline.
Use of grant: A grant must be used for the purposes stated in the application. A grant recipient must submit a report to us describing the use and impact of the funds no later than one year after receipt of the grant. This information will be used in determination of any future grant requests made to us by the organization.
Questions: Please direct all questions to grants@fnc.bank.