Charitable Foundations

As part of our commitment to build stronger, more vibrant, more prosperous communities, Salem Five has established three charitable foundations that support important causes. Each has its own purpose, review request process, and giving program.

Salem Five Charitable Foundation

Requests to the Salem Five Charitable Foundation can be made through our Community Donations Program. This program considers requests on an on-going basis and funds an average of 300 charitable requests per year.

The Salem Five Charitable Foundation accepts written requests for Community Donations. Donations range in size from $50 to $10,000. Most donations within this program are $1,000 or less. Requests are considered on a monthly basis. If you would like to submit a request online, please fill out this Charitable Request Form or download the Charitable Request Form to submit additional supporting materials that can be mailed, emailed or faxed.

Salem Five Heritage Charitable Foundation

Requests to the Salem Five Heritage Charitable Foundation can be made through our Heritage Grant Program. The Salem Five Heritage Charitable Foundation accepts grant applications submitted by non-profit organizations supporting programs in the Salem, Marblehead, Beverly, Peabody, and Danvers communities. The Heritage Grant Program provides grants of $5,000 or more through a semi-annual award process to organizations that support education, health and human services, youth programs, affordable housing, and community development.

Heritage Grant requests must be submitted in the Associated Grantmakers of Massachusetts Common Proposal Form found at www.agmconnect.org. Please be sure to include the AG Cover Summary with your application. Application deadlines for 2018 grants are March 16 and September 14.

Stoneham Savings/Salem Five Charitable Foundation

The Charitable Foundation accepts written requests for community donations, which range in size from $50 to $10,000.  Most donations within this program are $1,000 or less.  Requests are considered on a semi-annual basis (Spring and Fall).

If you would like to submit a request online, please fill out the Stoneham Savings Salem Five Charitable Request Form.  If you would like submit additional supporting materials, download the Charitable Request Form that can be mailed, emailed or faxed.