Dime Foundation

A helping hand for organizations that give our communities a lift

Download Application (opens in a new tab) Download Post-Grant Report (opens in a new tab)


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.

About Us

  • The foundation has three grant cycles per year. The grant application can be downloaded here.
  • Grant applications for 2024 are due on March 12, June 18, and October 2.
  • A post-grant report is required within one year of receiving grant funding, and prior to submitting a new grant application. The post-grant report can be downloaded here.
  • For more information, call Dee Sullivan at 860-859-4300, or email [email protected].


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 primarily serve the residents of New London County, the towns of Glastonbury, Manchester, and Vernon, CT, and the towns of Westerly, Hopkinton and Richmond, RI.
  • Funding is generally not provided to fund-raising or capital 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)


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 programs that encourage self-sufficiency
  • Opportunities for collaborative efforts
  • Services to at-risk or under-served children, families or the elderly, with emphasis on low/moderate income levels

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
  • Peter Maneri, Director
  • Linda L. Mariani, Esq., Director
  • Paul Maxfield, Director
  • Bonnie Stewart, Director
  • Mark E. Tramontozzi, M.D.,Director

Recent Recipients

Organization Project
Chrysalis Center  Case management services for formerly homeless individuals/families living in New London County and the Town of Manchester.
Connecticut Food Share  Grant funding will bolster food distribution efforts through the Mobile Pantry program for Dime's service area.
Eastern CT Ballet  Nutcracker Free Ticket Initiative.
Friends of the Janet Carlson Calvert Library  Funding for the library to purchase an AWE Early Literacy Station.
Gentle Love Diaper Pantry  Grant funds will provide diapers and baby essentials to marginalized, low-income families through a network of community partners.
Hispanic Alliance of SE CT  Funding for the BRILLA Program.
New London Area Food Pantry Funding will support the purchase of grocery items.
New London Homeless Hospitality Center Funds will be used to assist guests with what they need to exit homelessness.
New London Youth Affairs Program expenses for the Early Childhood Family Center.
Ocean Community YMCA  Funding to support one-week camperships for children ages 4-10th grade from New London County, Westerly and Richmond, RI.
Operation Warm  Coat and shoe distribution to children in Dime's service area. 
Shoreline Soup Kitchens & Pantries, Inc.  Funds will be used to purchase supplemental food items.  
Southern Rhode Island Volunteers  SRIV's Independent Aging Services Program. 
The Salvation Army Norwich Emergency Assistance Program.
United Community & Family Services  Funding for a comprehensive MAT (Medication Assistance Therapy) program with the goal of supporting patients in recovery from substance use and addiction.
Wood River Health  Funding to support the cost of hosting six Art Therapy Group sessions. 
 Westerly Education Center Career Exposure Days for high school students.