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Hartford Reporter

Saturday, September 21, 2024

The Chelsea Groton Foundation Awards $289K in Grants to Area Non-Profits

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This spring, the Chelsea Groton Foundation provided $289,000 to 63  non-profit organizations from Connecticut and Rhode Island. Inclusive of  these donations, the Foundation has provided over $5.3 million in total  grants to the community since 1998. 

Approximately half of the funds were distributed to Health &  Human Services organizations, including our local hospitals: Backus  Hospital ($8,000), Lawrence & Memorial Hospital ($7,500) and  Westerly Hospital ($7,500). The largest grant, $25,000, was awarded to  Catholic Charities of Norwich to support basic needs.

Housing organizations accounted for 17% of grant funds. Of note,  $20,000 was awarded to Eastern CT Housing Opportunities for the  Hempstead District Homeownership Program in New London. Education  garnered 12% of the grant funds with Higher Edge, Connecticut College  and Project Oceanology among the recipients. 

“For 168 years, Chelsea Groton has been committed to supporting  organizations that are critical to the success of our shared community.  We are proud to be able to give to organizations that support basic  human needs – hunger, homelessness and healthcare – as well as those  that provide education, economic growth, arts and cultural experiences,  and more, as we recover, together,” shared Michael Rauh, President and  CEO of Chelsea Groton Bank, and President of the Chelsea Groton  Foundation. “After reviewing 88 grant applications, most of which were  in the Health & Human Services category, it became clear that the  pandemic is still affecting many in our community. Chelsea Groton is  committed to standing hand-in-hand with those who need assistance, as we  have throughout our history.” 

The Foundation typically reviews applications and awards grants two  times per year. Organizations who support critical needs are invited to  apply for additional funding if needed, through the application on the  Bank’s website, chelseagroton.com/CGFoundation.  

Each year, the Bank and Foundation support more than 300 local  organizations through monetary gifts, grants, sponsorships, scholarships  and employee volunteerism. More information, including a list of all  spring grant recipients, is available at chelseagroton.com/CGFoundation. 

About the Chelsea Groton Foundation 

The Chelsea Groton Foundation was formed in June 1998 as a Section  501(c) (3) organization. Initially endowed with a $2 million donation  from Chelsea Groton Bank, the Foundation has, to date, awarded over $5.3  million in grants to hundreds of scientific, educational and charitable  organizations located within the Bank’s market area. To learn more,  visit: chelseagroton.com/CGFoundation.

Original source can be found here.

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