Chelsea Groton Foundation Awards Over $189k in Grants to Local Organizations
“At Chelsea Groton, community is at the core of our values,” said Michael Rauh, President and CEO of Chelsea Groton Bank. “Through the Foundation, we are able to support non-profits who play a critical role in our communities. These organizations work to provide education, alleviate hunger and homelessness, improve healthcare, support economic growth, deliver arts and cultural experiences, and more. Our team is always honored to contribute to our shared community and this year, we were grateful to have additional funds available so we could contribute more.”
Spring grant awards included: $7,500 to Always Home to prevent homelessness for at-risk families; $634 to the ARC of New London County for sensory reclining chairs for people with Autism Spectrum Disorder and IDD; $1,500 to the Norwich Community Backpack Program at Norwich Free Academy to provide backpacks and other school supplies to students in need; and $5,000 to the Pawcatuck Neighborhood Center to fund a food pantry, a clothing closet, daily hygiene items, baby items, and pet supplies for residents and homeless people in Stonington, North Stonington, and Westerly.
Each year, Chelsea Groton Bank and the Chelsea Groton Foundation support more than 200 local organizations through monetary gifts, grants, sponsorships, scholarships and employee volunteerism. More information, including a list of all spring grant recipients, is available at chelseagroton.com/CGFoundation.
The Chelsea Groton Foundation was formed in June 1998 as a Section 501(c) (3) organization. Initially endowed with a $2 million donation from Chelsea Groton Bank, and recently gifted an additional $5 million from the Bank, the Foundation has, to date, awarded over $2.8 million in grants to hundreds of scientific, educational and charitable organizations located within the Bank’s market area. To learn more, visit: https://chelseagroton.com/OurstrongCommunitystrong/ChelseaGrotonFoundation.aspx.
About Chelsea Groton Bank
Based in Groton, CT, Chelsea Groton Bank is a full-service mutually owned bank with over $1 billion in assets. Chelsea Groton Bank’s products and services include consumer banking, business banking, mortgage and business lending, cash management, financial planning and financial education classes. With 14 branch locations throughout New London County and a Loan Production Office in Hartford County, Chelsea Groton Bank also provides online and mobile banking, 24-hour telephone banking, and nationwide ATM banking for individuals, families and businesses. To learn more, please visit chelseagroton.com. Member FDIC. Equal Housing Lender.