The Bank of Maine to Honor Effective Nonprofit Board Governance

PORTLAND, Maine, Aug. 10, 2011 /PRNewswire/ -- The Bank of Maine announced today that it will conduct a statewide search for Maine's most effective nonprofit board members.  This search will culminate on December 1, 2011 with an event, to be called "Focus on Philanthropy 2011: The Art of Leadership," which will recognize five leading nonprofit board members.  At the luncheon concluding the program, The Bank of Maine will present these directors with Leaders & Luminaries Awards totaling $20,000.

"In today's challenging economic climate, the nonprofit sector is struggling with limited resources and reductions in funding," according to John W. Everets, Chairman and Chief Executive Officer of The Bank of Maine.  This award will honor "effective and creative leadership of some of the state's critical nonprofit organizations."

The Leaders & Luminaries Award competition will be free and open to any board director of a 501(c)(3) organization based in Maine who can demonstrate how inspiration, creativity and ingenuity in governance has led to his or her organization's success.  An independent selection committee appointed by The Bank of Maine will select the five winners.  The grand prize winner will receive $10,000 for his or her nonprofit and four runner-ups will each receive $2,500 for their organizations.

In addition to the awards presentation, Focus on Philanthropy 2011: The Art of Leadership will include a panel discussion, moderated by former Governor Angus King and comprised of a distinguished panel of guests including: Robert Forrester, President and CEO of Newman's Own Foundation; Robert Gardiner, former President of Maine Public Broadcasting ; Prescott Stewart, Managing Director of Development Harvard Business School; Lowell Weicker, former Senator & Governor for the state of Connecticut and President of the Board of Directors of Trust for America's Health and Melanie L. Herman, Executive Director of the Nonprofit Risk Management Center.

For complete details and entry information, visit The Bank of Maine website at www.thebankofmaine.com/focus2011. Deadline for entries is September 15, 2011.

About The Bank of Maine

The Bank of Maine, founded in 1834, is a FDIC-insured, federally chartered savings bank with more than $830 million in assets. The bank offers a broad range of personal and business financial services through its 33 branches and 43 ATM sites located from York to Fort Kent. In addition to serving the needs of its customers, the bank and its charitable foundation have returned over $25 million to Maine communities through contributions and grants. To learn more, visit www.thebankofmaine.com or join us on Facebook and Twitter.

SOURCE The Bank of Maine