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commitment to community
At California
Bank & Trust (CB&T), it’s our goal to create California’s
best banking relationships with a personalized approach in neighborhoods,
towns and cities throughout the state. With over $10 billion in
assets, branch offices statewide and an emphasis on customer service,
CB&T is committed to the prosperity of the communities in
which we live and work. CB&T ensures this commitment is met
by providing an array of financial products, services, and dedicated
staff throughout California to serve the needs of our communities.
In addition, we award select charitable gifts to organizations
that foster the growth and enrichment of our communities through
the Community Development Grant Program.
Grants to meet vital community
needs
Community
development is a top priority for CB&T when awarding grants.
Specific regard will be given to grant applicants that focus on
providing vital community services to revitalize or stabilize
low- and moderate-income communities, including those that promote:
- Affordable
housing
- Small
business/micro-enterprise development
- Community
economic development
Grant
Eligibility
Priority
is also given to grant requests from organizations in geographic
areas where CB&T has a presence. Grants will be considered
for specific projects, as well as for operating support. Generally,
support is given for a period of one year, and organizations must
reapply for a grant each year they wish to be considered for additional
support.
Organizations
applying for a grant are required to:
- Demonstrate
fiscal and administrative stability by showing strong board
commitment, good management policies and practices, and the
ability to produce a budget and organizational financial statements
- Provide
verification of nonprofit, tax-exempt organization status as
defined under Section 501(c)3 of the IRS code
Organizations
and their projects should also have broad community support and
address the specific community needs (as described in the previous
section).
Grant application process
Organizations
interested in being considered and applying for a grant from CB&T
should prepare a brief request containing the following information:
- A statement
of the specific amount desired and purpose for which the grant
is requested
- Background
information about the organization, including contact information
for the key contact person, the mailing address and telephone
number
- A brief
statement of mission
- A copy
of the IRS letter of designation (commonly known as the 501(c)3),
along with the tax identification number
- A current
list of board members and their affiliations
- Financial
information for the previous year and a budget for the current
year
- The population
and geographic area served
- A list
of sources and amounts of other funding obtained, pledged or
requested for this purpose
This package
should be sent to the address listed below. Please note that contents
of all requests become the property of CB&T and may not be
returned to applicants.
Exclusions
We cannot
fulfill every request made. As a result of limited budgets and
federal regulations, CB&T generally will not consider grants
to: organizations without public charity status; memorial campaigns;
fund-raising events; political activities; religious organizations
for sectarian purposes; research; advertising; or organizations
that discriminate on the basis of age, race, creed or sex.
Timing & Grant Award Notification
Decisions
regarding funding requests are ongoing. All requests are reviewed
in a competitive process. Because of the volume of requests we
receive, there may be some delay in responding to applicants.
For More Information
Should you
have additional questions regarding our Community Development
Grant Program, giving guidelines or application procedures, please
let us know. CB&T prefers all such correspondence to be in
writing and sent to:
California
Bank & Trust
Community Development Department
115 Via Pico Plaza
San Clemente, CA 92672
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