Santander Bank, N.A.
Charitable Contributions Program

Our communities are stronger when we invest in each other. That's why the Santander Bank, N.A. Charitable Contributions Program makes donations to charitable organizations in the neighborhoods where our customers and colleagues live and work. We partner with programs that make a measurable difference in the lives of low- and moderate-income individuals and communities.

In addition to grant support, Santander volunteers can provide financial education, technical assistance, serve on Boards and assist with other organizational development needs.

Santander accepts grant applications from not-for-profit organizations operating programs that serve low-to-moderate income households within our three areas of focus:

  • Affordable Housing: Supporting a range of affordable housing programs from homelessness prevention to home ownership.
  • Financial Education: Promoting financial education with a focus on helping individuals with basic banking and budgeting, and the transition into the workforce or to college.
  • Economic Development and Neighborhood Revitalization: Providing assistance to small businesses and aspiring entrepreneurs that create and maintain jobs in our neighborhoods.

In addition, Santander will make up to $1 million available exclusively to mission-aligned CDFIs whose programs aim to strengthen and stabilize LMI neighborhoods.

 

Santander Bank, N.A. 2017 CDFI Initiative Grant Opportunity Request for Proposals

Funding made available through this Request for Proposals will provide support to community development financial institutions (“CDFIs”) that work to stabilize neighborhoods, support vulnerable populations, and help small businesses prosper. More specifically, our CDFI Initiative focuses on the following types of programs:

  • Neighborhood Stabilization and Wealth Building: Programs that promote neighborhood revitalization and family stability including foreclosure prevention programs; efforts to mitigate displacement resulting from neighborhood change; and programs that provide LMI households with education, financial coaching, and access to wealth building opportunities.
  • Diverse Small Business Support: Programs that promote economic development through small business including second look referral programs; lending circles or peer-to-peer small business lending groups; increasing loan loss reserve funds to cover the additional cost of expanding lending programs to diverse small businesses; operating costs to increase lending, training and technical assistance to start-up and existing diverse small businesses including minority, immigrant, veteran and women-owned business owners.
  • Vulnerable Populations Support: Programs that provide affordable housing or community services to vulnerable populations including lending for supportive housing, affordable senior housing and aging-in-place programs, home renovation and retrofit programs for persons with disabilities, and housing and support for veterans.

Grant Application Guidelines

The majority of awarded grants are in the $10,000 to $100,000 range.

Three Areas of Focus

Affordable Housing: Supporting a range of affordable housing programs from homelessness prevention to home ownership

Financial Education: Promoting financial education with a focus on helping individuals with basic banking and budgeting, and the transition into the workforce or to college

Economic Development and Neighborhood Revitalization: Providing assistance to small businesses and aspiring entrepreneurs that create and maintain jobs in our neighborhoods

Grant Making Calendar

Spring: Applications due by February 17, grants announced in early May

Summer: Applications due by June 2, grants announced end of August

Fall: Applications due by September 8, grants announced in early November

Funding Exclusions

Grants to individuals

Capital campaigns

Programs with political, sectarian, or religious purposes

Pageants, team sponsorships or sporting events

Organizations traditionally supported by parents (e.g., Little League, Parent Teacher Organizations, Scouting)

Advertising in programs, bulletins, schedules, maps, yearbooks, book covers, or brochures

Trips and tours, including transportation costs

"Walk–a–thons" or similar fundraising events

Programs serving residents in areas outside our footprint

Organizations that discriminate on the basis of race, religion, creed, national or ethnic origin, color, disability, handicap, age, sex, sexual orientation, gender expression, marital status, family status, veteran status, citizenship, genetic information, ancestry, or any other basis prohibited by law

How to Apply

Proposal

Click the Apply Now button above to access our online application

Attach a brief narrative proposal including organizational and program descriptions, community needs addressed, use of requested funds, and projected outcomes

Budgets

A copy of the organization's current and prior year annual budgets

Budget for the specific program, if applicable, identifying any committed and pending support for the program

Other Documentation

The organization's most recent audited financial statements

A list of the organization's Board of Directors and affiliations

A copy of the organization's Federal IRS 501(c)(3) tax determination letter

Contact Information

To contact the Charitable Contributions Team by email, Click here.

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