Community Programs

At California Bank & Trust, our goal is to help each community where we live and work—and every community where we do business—thrive and prosper. Doing so means providing innovative programs and critical resources to businesses and organizations in our communities. Just two examples are our community development grant programs and an array of resources for women- and minority-owned businesses.

We invite you to learn more about how CB&T can help your community profit and prosper in the years ahead.

We award select charitable gifts to organizations that foster the growth and enrichment of our communities through the Community Development Grant Program.

 

Community Development Grant Program

Community development is a top priority for CB&T when awarding grants. Specific consideration is given to applicants who focus on providing vital community services to revitalize or stabilize low- and moderate-income communities, including those that promote:

• Community Reinvestment Loans
• Small business/micro-enterprise development
• Community economic development
   

Grant eligibility

• Priority is given to requests from organizations in geographic areas where CB&T has a presence. Grants are considered for both specific projects and for operating support. Support is generally given for a period of one year, so organizations must reapply for a grant each year 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 should have broad community support and be addressing specific community needs.
   

Grant application process

If you’re interested in applying for a grant from CB&T, please prepare a brief request containing the following information:

• A statement of the specific amount desired and purpose for the grant
• Background information about your organization, including key contact information
• A brief statement of your organization’s mission
• A copy of your IRS letter of designation (your 501(c)3), along with your 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 of the geographic area your serve
• A list of sources and amounts of other funding obtained, pledged or requested for this purpose
   

This package should be sent to:

California Bank & Trust
Community Reinvestment Department
16041 Goldenwest Street, 2nd Floor
Huntington Beach, CA 92647
 

Please note that contents of all requests become the property of CB&T and may not be returned to applicants.

Also note that we cannot fulfill every request made. Given 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 and 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.

Should you have additional questions regarding our Community Development Grant Program, giving guidelines or application procedures, please let us know in writing at the address listed above.