Committed to our role as a responsible corporate citizen
Corporate Giving

 
Frequently Asked Questions

Does CIT have a foundation?

CIT used to have a company-sponsored foundation, but we now handle all of the corporation's philanthropic efforts through the Corporate Giving department. This allows us to work more closely with the organizations we support.

How can my organization apply for funding from the CIT Corporate Giving department?

Please review our funding guidelines and submit your proposal in writing to Stacy Papas.

How does CIT decide which organizations to support?

CIT's commitment to support a diverse number of nonprofit institutions exemplifies our longstanding role as a responsible corporate citizen. The organizations we support are based on CIT's relationship with its employees, customers and the communities in which we live and work.

What is the deadline to submit a proposal?

We accept proposals at any time.

Is there a formal application form to fill out?

We do not have a formal application. We simply request that your proposal include the information requested in the criteria and guidelines section of our Web site.

How much funding should I apply for?

Your proposal should reflect the needs of your organization and should clearly indicate the scope and reach of the specific project in need of funding.

After I submit a proposal, when will I know if it was approved for funding?

After your proposal has gone through our review process, we will contact you with an

answer in writing as quickly as possible.

When can I reapply if my proposal was not accepted?

CIT receives requests from many valuable organizations and, regrettably, we cannot support all of them. CIT reviews proposals on a year-to-year basis, so it is a good idea to resubmit your proposal the following calendar year.

My proposal was approved. Should I submit a new proposal each year, or will my organization automatically receive a grant next year?

To ensure that we're meeting the current needs of organizations, we consider proposals on a year-to-year basis. Unfortunately, our support of an organization in one year does not guarantee support in future years.