The Claremont Savings Bank Foundation recently concluded its 21st grant cycle, supporting local non-profit organizations in the local region.
This year, the Claremont Savings Bank Foundation received 115 grant applications totaling $564,000 in requests. Out of these, grants were awarded to 69 non-profit organizations, for a total of $115,000. The Foundation’s focus is on supporting non-profits that primarily serve the Connecticut River Valley and Upper Valley communities. Some of this year’s grant recipients include the Claremont Soup Kitchen, Charlestown Senior Center, Good Neighbor Health Clinic, Richards Free Library, Springfield Family Center, Hometown Heros, among others.
Established in 2003 by Claremont Savings Bank, the Foundation’s Board of Directors consists of one Bank Employee, three members from the Claremont Savings Bank Board of Directors, and a Bank Corporator. Since its inception, theFoundation has awarded a total of over $2,700,000 through 941 grants, benefiting more than 325 non-profit organizations. These grants typically range from $500 to $5,000 each, to help to ensure the success of local programs and projects that benefit the local area communities.
