Middlesex Savings Charitable Foundation Distributes More Than $400,000 to 25 Nonprofits

In full transparency, the following press release was 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 $415,975 to 25 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 $14 million in grants to nonprofits providing critical community services.

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The 25 grant recipients represent a broad range of nonprofit organizations throughout Massachusetts:

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“I am deeply grateful to the Middlesex Savings Charitable Foundation for helping Circle of Hope supply students and families in Framingham with the essentials they need for health and wellbeing,” said Circle of Hope Executive Director Barbara Waterhouse. “This generous grant allows us to extend our highly impactful pilot partnership with Framingham High School and provide long-term support to dozens of students who need our help.”

The Foundation was established in 2000 to help carry out the philanthropic mission of Middlesex Savings Bank. The Foundation has provided more than $14 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.

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Middlesex Savings Bank, founded in 1835 and headquartered in Natick, Mass., is one of the largest mutual banks in Massachusetts with almost $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.