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Business Beat: Bristol County Savings Bank gives grants to 14 northern RI agencies

$116,500 IN GRANTS TO FOURTEEN NORTHERN RHODE ISLAND NON-PROFITS

Bristol County Savings Bank’s Bristol County Savings Charitable Foundation (BCSCF) marked its 25th anniversary celebration with the awarding of grants totaling $116,500 to 14 non-profits in Northern Rhode Island.  All total, the Bank presented $365,800 in grants to 41 organizations in the Northern Rhode Island region, as well as the Taunton/Attleboro and New Bedford-Dartmouth/Fall River regions.

The organizations in the Northern Rhode Island region that received grants from the Bristol County Savings Charitable Foundation are as follows: College Crusade of Rhode Island ($5,000); HopeHealth ($7,500); LISC ($12,500); Meals on Wheels of RI, Inc. ($5,000); Providence Children’s Museum ($10,000); Reach Out and Read Rhode Island ($4,000); St. Raphael Academy ($10,000); Sojourner House, Inc. ($4,000); The Capital Good Fund ($5,000); The Empowerment Factory ($5,000); The Learning Community Charter School ($5,000); The Pawtucket Foundation ($31,000); Tides Family Services ($5,000); and YMCA of Pawtucket ($7,500).

“We couldn’t think of a better want to celebrate the Foundation’s 25th anniversary than to present grants to non-profits who are making a difference in Northern Rhode Island and the other communities we serve,” said Patrick Murray, President and CEO of Bristol County Savings Bank and President of the Foundation.  Murray added that since the Foundation was formed, more than $26 million has been committed to hundreds of different non-profit organizations.  In 2021, the Foundation awarded $2.3 million to various 501(c)(3) organizations.

Bristol County Savings Bank is an active supporter in the communities in which it serves. The Foundation’s purpose is to fund needs that contribute to the economic and the social well-being of the people and institutions located in the greater Taunton/Attleboro region, the greater New Bedford/Dartmouth region, the greater Fall River region and the Northern Rhode Island region, with particular emphasis in the areas of education and literacy, economic development and housing for the low- to moderate-income population.  In 2020, the Foundation added an additional area of focus supporting organizations that are on the frontlines of the pandemic or experiencing hardship as a result.

About Bristol County Savings Bank

Bristol County Savings Bank, a state-chartered savings bank and the wholly-owned subsidiary of Beacon Bancorp, is a full-service banking institution with approximately $3* billion in assets.  Founded in 1846, Bristol County Savings Bank has expanded its branch network to include 16 full-service offices in Attleboro, Dartmouth, East Freetown, Fall River, Franklin, New Bedford, North Attleboro, Raynham, Rehoboth and Taunton, Massachusetts, and Cumberland, Greenville and Pawtucket, Rhode Island as well as a Loan center in Warwick, Rhode Island.  The Bank also operates limited service educational branches at Taunton and Attleboro High Schools.  In addition to traditional banking services, Bristol County Savings Bank offers wealth management services through its affiliate Bristol Wealth Group.  The Main Office and Corporate Headquarters of Bristol County Savings Bank are located on Broadway in Taunton, Massachusetts. For more information on Bristol County Savings Bank, visit www.bristolcountysavings.com.

* net the effect of Bank’s participation in CARES ACT stimulus program including PPP

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