THE BETTERMENT FUND  
    Created by the will of William Bingham 2nd


Trustees: William B. Winship • Carolyn S. Wollen • William P. Clough III • Carol Berg Geist • Andrew L. Tansey • Martin J. Grohman
 

 

Bank of America N.A.
c/o Christine O’Donnell, NY1-100-28-05
One Bryant Park
New York, NY 10036
Tel: 646-855-1011
Fax: 646-855-5463
betterment@ustrust.com

   

Betterment Fund Priorities

Exhibit C: Community Support

  • Selected economic development initiatives and use of scarce resources:  Previous recipients of Betterment Fund grants include economically focused initiatives such as the Maine Downtown Center of the Maine Development Foundation, Sunrise County Economic Council, Four Directions Development Corporation and CEI.  We also have supported organizations which promote traditional Maine occupations, such as The Maine Center for Furniture Craftsmanship and The Landing School.  The Good Shepherd Food Bank and Western Maine Community Action's program "Keeping Seniors Home" are examples of organizations dedicated to the effective use of scarce resources.  

  • Building stronger rural communities and assets for rural families:  To help build “social capital” in rural communities we have supported important community institutions such as libraries which expand their services beyond book-lending.  We support community-based organizations that foster collaboration among members of the community such as the Maine Woods Coalition.  We have also supported the extension of community services that may be more difficult to access in rural areas, such as transportation or legal services.

  • Promoting state-wide policy initiatives consistent with our philanthropic themes:  In the past we have supported organizations that provide research for state policy initiatives, such as The Maine Children’s Alliance and its Kids Count project and the Maine Center for Economic Policy. We have supported the development of new state or local policies and advocacy based on such research. 

     

    Proposals that are not as likely to be funded include projects that are essentially the provision of human services, libraries located in larger communities or which offer limited community services, historical societies or historic buildings

     

         

Grant Guidelines and Policies  Current Grant Priorities
Grant Application Cover Sheet Grantmaking Summary

July 2009