NATICK – The Middlesex Savings Charitable Foundation, the nonprofit, private charitable foundation established by Middlesex Savings Bank, the largest mutual bank in Massachusetts, announced its donation of $340,000 to local nonprofits through its Operating Support Program.
The Foundation, which has been distributing grants for more than 20 years, temporarily pivoted to a special Operating Support Program to help nonprofits as they manage through the lingering impact of the pandemic.
The program grants organizations the flexibility to use the donations in a wide variety of ways, including the funding of supplies, staffing and other overhead expenses.
“The pandemic amplified the needs of some of our most vulnerable community members,” said Jean A. Goldsberry, CEO of Minute Man Arc. “People with disabilities living in Minute Man Arc group homes suddenly needed round-the-clock support when their day programs were shuttered. Middlesex Savings Charitable Foundation stepped up to defray the unexpected staffing expenses, a true partner at a truly difficult time.”
The 34 grant recipients represent a broad range of nonprofit organizations throughout Eastern and Central Massachusetts:
“Middlesex is humbled to be in a position to support 34 worthy nonprofit organizations through our Operating Support Program. These grant recipients have persevered through an incredibly challenging time so that they may continue to support individuals and families in our area,” said Dana Neshe, president of the Middlesex Savings Charitable Foundation. “The grants reflect our understanding of all that the organizations do to make our communities better places to live.”
The Foundation was established in 2000 to help carry out the philanthropic mission of Middlesex Savings Bank. Since then, it has provided more than $13 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 is a mutual savings bank. As the largest independent bank in Massachusetts, with over $5 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 bank has 32 branch offices located in 27 communities – Acton, Ashland, Bedford, Bellingham, Boxborough, Concord, Framingham, Franklin, Groton, Holliston, Hopkinton, Hudson, Littleton, Maynard, Medfield, Medway, Millis, Natick, Needham, Sherborn, Southborough, Sudbury, Walpole, Wayland, Wellesley, Westborough and Westford.
In full transparency, above is a press release submitted to SOURCE media