Middlesex Savings Charitable Foundation Distributes More Than $270,000 to 16 Local Nonprofits

In full transparency, the following is a press release submitted to SOURCE media.

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NATICK – The Middlesex Savings Charitable Foundation, the nonprofit, private charitable foundation established by Middlesex Savings Bank, one of the largest mutual banks in Massachusetts, announced a donation of $272,461 to 16 local nonprofits.

The donations are part of the Foundation’s annual grant making program, which formally awards grants twice a year. Since 2000, the Middlesex Savings Charitable Foundation has made grants to hundreds of nonprofits that support programs within the bank’s marketplace. The donations have helped fund food security initiatives, veterans’ services, and a plethora of programs that support at-risk families and individuals. 

To date, the Foundation has provided more than $15 million in grants to nonprofits providing critical community services.

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The 16 grant recipients represent a broad range of nonprofit organizations throughout Massachusetts:

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“JFS of Metrowest is truly grateful for the support of the Middlesex Savings Charitable Foundation in our efforts to increase food security for the most vulnerable members of Metrowest communities,” said Lino Covarrubias, CEO of Jewish Family Service of Metrowest. “Because of this generous grant, hundreds of children and their families will be spared the debilitating pain of hunger and the demoralizing angst of the uncertainty of a next meal. Through partnership, significant impact can be achieved.” 

The Foundation was established in 2000 to help carry out the philanthropic mission of Middlesex Savings Bank. The Foundation has provided more than $15 million in grants to local nonprofit organizations, supporting services and programs in a wide variety of fields, including education and basic human services. Since the inception of the Foundation, Middlesex Savings Bank has funded the endowment with over $25 million in contributions.

Middlesex Savings Bank, founded in 1835 and headquartered in Natick, Mass., is one of the largest mutual banks in Massachusetts with $6 billion in assets. The bank has been committed to providing outstanding value in consumer banking and business banking products for more than 185 years. The FDIC insured bank has more than 30 offices located in 28 communities – Acton, Ashland, Bedford, Bellingham, Boxborough, Concord, Framingham, Franklin, Groton, Holliston, Hopkinton, Hudson, Littleton, Maynard, Medfield, Medway, Millis, Natick, Needham, Sherborn, Southborough, Sudbury, Wakefield, Walpole, Wayland, Wellesley, Westborough and Westford.

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