The Chelsea Groton Foundation awarded $182,654 in grants to 65 non-profit organizations from Connecticut and Rhode Island this spring. Inclusive of these donations, the Foundation has provided over $3.4 million in total grants to the community since 1999. The Foundation reviews applications and awards grants two times per year.Chelsea Groton Foundation Awards Over $182K in Grants to Area Organizations
“For 165 years, improving the quality of life in our community has been at the core of Chelsea Groton’s 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 during this, our 165th anniversary year, we are grateful to once again help worthy organizations get the funding they need for projects that will have a significant impact on those around us.”
Spring grant awards included: $7,500 to FRESH New London for the Edible New London program; $5,000 to Operation Fuel for emergency energy assistance for New London County; $5,000 to Westerly Area Rest Meals, Inc. for the Children’s Summer Lunch Program and Anita’s Kitchen; $2,500 to Southeastern Connecticut Enterprise Region for economic development strategy implementation; and $1,500 to the Norwich Community Backpack Program to provide students with the supplies they need in order to be successful during the school year.
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.
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 $3.4 million in grants to hundreds of scientific, educational and charitable organizations located within the Bank’s market area. To learn more, visit: www.chelseagroton.com/CGFoundation.
About Chelsea Groton Bank
Based in Groton, Conn., Chelsea Groton Bank is a full-service mutually owned bank with over $1.1 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 www.chelseagroton.com. Member FDIC. Equal Housing Lender.
