Chelsea Groton Foundation Surpasses $2 Million in Giving

Groton, CT – The Chelsea Groton Foundation awarded $74,100.50 in grants to 48 non-profit organizations from Connecticut and Rhode Island this fall. Inclusive of these donations, the Foundation has provided $185,579.05 this year and over $2 million in total grants to the community since 1999.
 
“As a mutual bank, our commitment to serve our community is part of our mission,” said Michael Rauh, President and CEO of Chelsea Groton Bank. “The grants awarded this fall went to organizations that greatly impact our region in a variety of areas – homelessness, hunger, mental health, economic opportunity, recreational programming, and more. We are honored to partner with local non-profits who help make our community what it is today.”
 
Fall grant awards included: $2,500 to Eastern CT Housing Opportunities, Inc. to help cover costs of administering a down payment assistance program for low-income, first-time homebuyers; $1,500 to the Jonnycake Center of Westerly, Inc. to purchase food and supplies needed by the food pantry; $2,500 to the Jordan Porco Foundation in Hartford to bring awareness of the mental health resources available to students at Connecticut College, Mitchell College and Three Rivers Community College; $5,000 to the Martin House, Inc. to purchase food for residents in its Norwich location; and $2,500 to the Visiting Nurse Association of Southeastern Connecticut in Waterford to help underwrite free foot care clinics at the Pawcatuck Neighborhood Center for elderly and low-income people.
 
The Foundation accepts grant applications two times per year. Each year, Chelsea Groton Bank and the Chelsea Groton Foundation support more than 200 local organizations through monetary gifts, grants, sponsorships, scholarships, employee volunteerism and food, clothing and supply drives. A full list of grant recipients can be found at chelseagroton.com. 

About the Chelsea Groton Foundation
Formed in June 1998 as a Section 501(c) (3) organization and endowed with a $2,000,000 donation from Chelsea Groton Bank, the Foundation has, to date, awarded over $2,000,000 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 mutually owned bank with 14 locations throughout New London County, and a Loan Production Office in Hartford County. The Bank has over $976 million in assets and serves businesses, individuals and families throughout Connecticut and Rhode Island. To learn more, please visit chelseagroton.com. Member FDIC.