In 1998, Dime Bank established The Dime Foundation, enabling us to further our bank's mission of supporting and giving back to the communities we serve. We strive to improve the well-being and quality of life for members of our communities by funding organizations or programs that provide, strengthen, or enhance service to individuals.
- The foundation has three grant cycles per year. The grant application can be downloaded here, or obtained directly through Dime Bank.
- The next round of grant applications is due by July 13, 2018.
- The final round of grant applications is due by October 26, 2018.
- A post-grant report is required within one year of receiving grant funding.
- For more information, write: Dime Bank Foundation Inc.,c/o Dee Sullivan, Dime Bank, 290 Salem Turnpike, Norwich, CT 06360; call 860-859-4300; or contact firstname.lastname@example.org.
- Grants are awarded to organizations that are recognized as exempt from federal income taxation under Section 501( c )(3) of the Internal Revenue Code and governmental units referred to in Section 170( c )(1) of the Internal Revenue Code.
- Organizations that serve the residents of New London County, CT, and the Westerly, RI, area, with priority given to the towns that the bank serves.
- While there is no limit on how often an organization may apply to the Foundation, funding will be provided to the same organization only once per year.
- Post-grant reports must be on file for previously funded grants before consideration is given to new requests. Please use the post-grant report provided.
Our funding priorities are focused on projects and organizations that support the following:
- Affordable housing
- Basic human services for those considered most at-risk
- Development/education, job training, or promotion of literacy, especially preventative programs that encourage self-sufficiency
- Opportunities for collaborative efforts, or that leverage matching dollars
- Services to at-risk or under-served children, families or the elderly, with emphasis on low/moderate income levels
- Generally, funding is NOT provided to fund-raising campaigns; organizations that fund other organizations or foundations; political or fraternal organizations; religious institutions; parent-run organizations (such as Parent-Teacher Organizations or Little League)
The Dime Foundation focuses on the following communities when awarding grants:
Connecticut: Baltic, Bozrah, Colchester, East Lyme, Franklin, Gales Ferry, Griswold, Groton, Jewett City, Lebanon, Ledyard, Lisbon, Montville, Mystic, New London, Niantic, North Stonington, Norwich, Oakdale, Pawcatuck, Preston, Salem, Sprague, Stonington, Taftville, Uncasville, Waterford, Yantic
Rhode Island: Hopkinton, Richmond, Westerly
Board of Directors and Officers
- Nicholas Caplanson, President
- David Stanland, Vice President & Treasurer
- Cheryl Calderado, Vice President
- Dee Sullivan, Secretary
- Steven L. Bokoff, Director
- Lee-Ann Gomes, Director
- Roland J. Harris, Director
- Peter Maneri, Director
- Linda L. Mariani, Esq., Director
- Robert A. Staley, Director
- Mark E. Tramontozzi, M.D.,Director
Organizations that focus on preventing homelessness and food insecurity, assist victims of domestic violence and mental health issues, provide college preparation assistance and offer emergency services are among the 2018 Dime Foundation grant recipients:
- Channel 3 Kids Camp: Campership support for children with financial need from New London County
- ALS Association - CT Chapter: Transportation Program and Care Assist Grant Program.
- American Red Cross: Funding for disaster support services in NL County.
- Catholic Charities, Diocese of Norwich: Emergency Basic Needs Program.
- CRIS Radio: Support for audio recording services for the blind or print-challenged.
- Eastern Connecticut Community Gardens Association, Inc.: Funding to revitalize 4 of 10 previously planted raised bed gardens in Dime's service area.
- Eastern CT Workforce Investment Board: Summer Youth Employment and Training Program.
- Higher Edge: General operating support for College Access Program and College Success Program.
- Jonnycake Center of Westerly: Emergency Food Assistance Program.
- Mystic & Noank Library: 2018 Summer Science & Nature Series.
- National Alliance on Mental Illness (NAMI) CT: Weekly opioid support groups in Norwich, NL and Niantic.
- Norwich Community Backpack Program: Back Pack It To School Program.
- Norwich Community Care Team: Rapid Re-Housing and Shelter Diversion.
- Norwich Housing Authority: Partial funding for the cost of providing a part-time Resident Services Coordinator.
- Norwich Youth and Family Services: Six-week intensive Summer Jam and Learn diversion collaborative targeting at-risk youth living in Norwich.
- Rhode Island Center Assisting Those In Need (RICAN): General operating costs to support the year-round weekly food pickup and distribution to low-income families and individuals.
- S.T.E.P.S. New London: Program expenses for a 2 week Summer Leadership Program.
- Safe Futures: Norwich Domestic Violence Response Team (NDVRT) for the 2018-19 program year.
- Southeastern CT Funders Collaborative: Institute for Nonprofit Excellence for SE CT's nonprofit community.
- Special Olympics Connecticut, Inc.: 2018 Annual Unified Fall Sports Festival/Sailing Regatta.
- Thames Valley Council for Community Action (TVCCA): Partial funding for a multi-purpose Emergency Client Assistance Fund.
- The Riverfront Children's Center: Tuition Assistance Program which provides working, low-income families subsidized tuition costs.
- Third Sector New England, Inc. d/b/a FRESH New London: Youth Leadership Program.
- UCP of Eastern CT, Inc.: Funding to assist low-income families living with disabilities.
- UW of NE CT / CT Coalition to End Homelessness: Emergency Financial Assistance Fund to aid hurricane survivors from Puerto Rico and the US Virgin Islands who are residing in CT.