TD Banknorth Charitable Foundation Non-Profit Training Resource Fund

TD Banknorth Charitable Foundation Non-Profit Training Resource Fund

TD Banknorth recognizes that job training is essential to the development of employees and, in turn, the growth of any non-profit organization. But when non-profits are faced with making reductions to their operating budgets, one of the first items to be eliminated is education for employees.

To help remedy this situation, this year the TD Banknorth Charitable Foundation will award $100,000 in grants to eligible organizations for employees to attend approved classes and courses that will enhance job performance.

Applications (complete with all required attachments) will be accepted on a rolling basis, and TD Banknorth Charitable Foundation will review requests monthly. Notification and payout of awards will be made in the fourth week of each month.

Eligibility Criteria

Purpose: Grants from the TD Banknorth Charitable Foundation Non-Profit Training Resource Fund will be awarded to eligible organizations for employees to attend approved classes and courses that will enhance their job performance, as outlined below:
Grant program: $100,000 in grants shall be awarded in 2007.
Individual grant amounts: Organizations shall be eligible to receive no more than $1,000 per calendar year. Grant amounts are to cover tuition only. Grant funds may not be used for training already completed at the time of application.
Eligible organizations:
Must be tax-exempt under IRS Code 501(c)(3)
Must have a mission/focus that promotes one of the following criteria:
Affordable housing for low- to moderate-income individuals
Activities that increase economic (small business) development
Located within a TD Banknorth CRA assessment area
Eligible use of funds:
·  Classes and courses must be pertinent to the job the employee performs
·  Classes and courses may be one-day classes or part of a certification program
·  Attendance at a conference is not eligible under the program

Application Process

Eligible organizations may apply for funding from the Non-Profit Training Resource Fund using the online TD Banknorth Charitable Foundation Grant Application. In addition to general information, the applicant organization should include information about the organization's size and capacity; how the course will impact the organization and community; how the information will be used (e.g. to implement a program or provide a new service); name, date and description of the course (official printed material should be provided); and approval of the organization's executive director.
Review process:
TD Banknorth Charitable Foundation will review requests monthly, with approval and payout in the fourth week of the month. Following completion of the course, we require that a certificate of completion, or other evidence of the employee's attendance to the training, be provided to close the grant file.