MutualOne’s Charitable Foundation Grants $10,000 to Hoops and Homework

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


FRAMINGHAM – Mark Haranas, MutualOne Bank CEO and MutualOne Charitable Foundation chair, announced a $10,000 grant to Hoops and Homework.

Hoops and Homework provides after-school and summer educational programs and recreational activities to eligible students ages 5 to 15 at two Framingham low-income housing developments.

According to Hoops and Homework President Herb Chasan, the funds will be used to assist families who qualify to attend at no cost.

“Hoops and Homework is the only licensed, neighborhood based after-school program in Framingham,” said Haranas. “They provide a valuable service, and we are pleased to continue to support their efforts.”

The $10,000 grant to Hoops and Homework was among awards totaling $121,000 in the MutualOne Charitable Foundation’s most recent round of funding.

Established in 1998 as the philanthropic arm of MutualOne Bank, the MutualOne Charitable Foundation has since donated over $5.4 million to charitable, educational, and civic initiatives that improve and enrich the quality of life in Framingham, Natick, and surrounding communities.

MutualOne Bank, which operates under an 1889 state charter, has full-service offices at 828 Concord Street and One Lincoln Street in Framingham and at 49 Main Street in Natick, a Commercial Loan Center at 160 Cochituate Road in Framingham, and a Residential Loan Center at 49 Main Street in Natick.


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