The Amplify Fund
The Amplify Fund is powered by the M&T Bank Charitable Foundation in the first significant philanthropic effort by M&T Bank across the former People’s United Bank footprint.
This year's RFP seeks applications from nonprofit organizations that are centered on advancing financial inclusion and spurring economic growth and prosperity, with a particular focus on racial and social justice - throughout the People's United Bank legacy footprint, including Connecticut, Massachusetts, New Hampshire, southern Maine, Long Island and Westchester County, New York, and Vermont.
AF-FIP will seek to provide finite funding, up to three years, to community-based organizations that are centered on:
- improving financial health and resiliency
- wealth building
- providing opportunities that are eliminating barriers, reducing income inequality, and paving sustainable economic pathways for low-to-moderate income, underserved, marginalized, and Black, Indigenous, People of Color (BIPOC”) communities.
This work should respond directly to documented needs, challenges, and gaps to create financial inclusion and build economic prosperity in the following key areas of focus:
- Homeownership & Improvement
- Small Business Development/ Entrepreneurship & Career Growth
- Financial Resilience
Timeline:
RFP Opens: October 3, 2024
Application Deadline: November 14, 2024
Status Notifications: February 2025