Sponsorships
Supporting Our Communities With Sponsorships
From day one, Beneficial State Bank has been committed to supporting our community above and beyond our lending by providing sponsorships to 501(c)(3) nonprofit organizations each year. We provide sponsorships to 501(c)(3) organizations in California, Oregon, and Washington that are engaged in transformative social justice and environmental work in our target sectors:
Social
- Affordable and Multi-Family Housing
- Arts, Culture, and Community-Building
- Education and Youth Development
- Beneficial Financial Services
- Economic, Business, and Job Development
- Making, Manufacturing, and Production
- Social Justice
Environmental
- Environmental Sustainability
- Health and Wellbeing (non-food)
- Healthy Food
- Other Mission Categories (Business Ownership, Structures, and Practices)
Beneficial State Bank has a unique business model compared to other banks. As a mission-driven bank majority-owned by the nonprofit Beneficial State Foundation, we work to maximize prosperity for our communities and our customers instead of working to maximize shareholder profits. We structure our business practices to benefit our stakeholders, not just our shareholders, so our total sponsorship budget is smaller than what you’ll find at a large, national bank. Therefore, we are limited in the number of sponsorships we can approve each year.
We welcome your sponsorship application, but before you get started, we want to share a few things:
- Beneficial State Bank cannot sponsor individuals.
- We choose to make small sponsorships available to support more organizations. Most of our sponsorships since 2013 were less than $1,000.
- We prioritize our existing clients and partners when allocating our budget. That doesn’t guarantee funding, but organizations without an existing relationship with us or someone on our team may be less likely to receive funding, given the volume of requests we receive each year.
- We prioritize the Social and Environmental target sectors listed above.
Sponsorship Eligibility Criteria
We receive a large volume of sponsorship requests each year. Filling out this form will help us understand your organization's work and the purpose of the sponsorship. Please review the sponsorship eligibility criteria carefully before submission:
- Only 501(c)(3) nonprofit organizations AND 501(c)(3) fiscally sponsored-organizations are eligible.
- Sponsorships are dedicated solely to our communities within CA, OR, and WA.
- Please submit your request at least 60 days in advance of the desired arrival of the funds.
- Sponsorships may be used to support projects including, but not limited to: capital campaigns, program operation, and events (online & in-person). However, they may not be used to support partisan political activity or intervention or participation in any political campaign on behalf of or in opposition to any candidate for public office.
Please have a copy of your 501(c)(3) determination letter ready to upload when completing this form. If you have a 501(c)(3) fiscal sponsor, you will need to upload that organization’s 501(c)(3) determination letter.
Sponsorship Request Form
If your project meets the criteria above and you have the required documents ready to upload:
Questions? Please contact our Sponsorship Team at sponsorships@beneficialstate.com.