Chelsea Groton Foundation Now Accepting Grant Applications for Fall 2017

Groton, CT – The Chelsea Groton Foundation is accepting applications for the fall grant cycle until Friday, September 15, 2017. Local and regional charitable organizations interested in applying should visit to access the fillable application and information on specific requirements.
“As a mutual bank, we strive each day to help create a strong quality of life in our communities,” said Michael Rauh, President and CEO of Chelsea Groton Bank. “Through the Foundation, we are able to support organizations that work to lessen homelessness, alleviate hunger, treat mental health, improve economic opportunity, enhance recreational programming, and more. It’s an honor each year to financially assist the organizations that impact so many in our region.”
The Foundation accepts grant applications two times per year.  Formed in June 1998, the Foundation has, to date, awarded over $2.3 million in grants to hundreds of organizations located within the Bank’s market area.  The Foundation was given a $5 million endowment from Chelsea Groton Bank in December 2016. The gift, made possible through the sale of stock, was given with the intent of providing the Foundation with additional funds for the continued support of organizations that impact our region in the areas of health, human and social services; education; economic development; and arts and culture.
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 spring grant recipients, is available at

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About the Chelsea Groton Foundation
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 million in grants to hundreds of scientific, educational and charitable organizations located within the Bank’s market area. To learn more, visit:
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 and financial planning. 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 Member FDIC. Equal Housing Lender.