People's United Community Foundation

In 2007, People’s United Bank established a $60 million charitable foundation, the People’s United Community Foundation, to help improve the quality of life for residents in the neighborhoods served by People’s United Bank.

Focus areas
People’s United Community Foundation awards grants to nonprofit organizations that align with our primary areas of focus and giving priorities of economic stability, employment, education, and housing:

Affordable Housing Development
People’s United Community Foundation supports programs that create affordable housing opportunities and the development and sustaining of safe, clean and desirable neighborhoods:

• Nonprofit organizations that directly develop affordable housing or assist developers which create affordable housing, through rehabilitation, new construction and/or neighborhood revitalization efforts.
• Community loan funds
• State and national programs, operating within our footprint, that serve as developers of affordable housing
• Supportive and transitional housing for homeless, low-income and those with disabilities or special needs
• Closing costs and down-payment assistance programs

Community Development
People's United Community Foundation supports programs and services that address basic needs and encourage financial independence and self-sufficiency for low- to moderate-income residents; as well as activities which promote economic development in low-income neighborhoods. Funding priorities include:

• Basic needs services
• Initiatives that transition people from assistance to independence
• Financial literacy Programs
• Education, including ESL, certification and degree programs
• Programs that promote economic stability and self-sufficiency
• Small business development and entrepreneurial programs
• Workforce development, job skills training and job placement programs

Youth Development
People’s United Community Foundation supports programs and services that address the need for educational improvement and academic advancement of children and youth, especially within low- to moderate- income communities and school districts.Funding priorities include:

• Academic improvement and advancement programs
• Accredited early childhood development, school readiness, and Headstart programs
• College and SAT preparation programs
• Career exploration and internship programs
• ESL and literacy programs
• Science, Technology, Engineering, and Math (STEM) programs

Eligibility guidelines
To be considered for a grant from People's United Community Foundation, organizations must meet the following minimum eligibility requirements:

• Organization must be operating as a recognized 501(c)3 public charity for a minimum of 2 years.
• Program/service for which funding is being requested must be operating for a minimum of 12 months and have demonstrated outcomes.
• Must operate or serve individuals within the cities/towns where People's United Bank branches are located.
• Grant request must fit within our three areas of focus and align with our giving priorities of economic stability, employment, education, and housing.

Moreinfo: https://www.peoples.com/about-us/community/charitable-giving/foundations/pucf