The Franklin Savings Bank Fund for Community Advancement was formed in 1997 to provide support for substantial projects that will significantly enhance the lives of people in the communities that make up the primary market area of the bank. The Fund for Community Advancement has been established as a fund within the New Hampshire Charitable Foundation. The areas served by the Fund currently include Alexandria, Belmont, Boscawen, Bristol, Franklin, Gilford, Gilmanton, Goffstown, Hill, Merrimack, New Hampton, Northfield, Sanbornton and Tilton. The Fund may also provide support for projects in other surrounding communities. Grant monies requested must provide support to those living in the communities listed above; although not exclusively as many projects have a broader geographic impact that will benefit those in other communities as well.

The Fund is very active in supporting a broad range of community activities. Eligible organizations must be recognized as tax-exempt under section 501(c)(3) of the Internal Revenue Code, or be a school, municipality or other subdivision of government. Categories of support include, but are not limited to, affordable housing, health care, social services, arts and humanities, human services, and programs or services addressing the needs of children, adolescents, elders and single parent families. Priority consideration will be given to those programs and services that address the needs of low to moderate income families and individuals. The minimum grant award will generally be $1,000 up to a maximum of $10,000.

In most cases, awards will be made to support projects, activities, and programs that can be completed within one year. Although a limited number of multi-year projects may be made, awards will not usually be repeated or renewed. Grants will not generally be awarded as operating support or funding for ongoing or annual programs. Requests will also be evaluated based upon an organization’s ability to achieve financial sustainability. Grants will not generally be awarded to replace public funding or for purposes which are a public responsibility. An organization may submit an application for a given project a maximum of two (2) times.

To apply for a grant award from the Franklin Savings Bank Fund for Community Advancement, please complete an FSB Fund application. The FSB Fund will award grants once a year with applications due no later than May 30th each year.

For more information and grant application materials, please contact Renee M. Baldini of Franklin Savings Bank at 603.934.8327 or by e-mail at

Check out the 2019 Fund for Community Advancement Video

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FSB is pleased to have awarded 215 grants totaling over $990,080 to area organizations since the inception of the FSB Fund for Community Advancement in 1997.

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