Eighty-five non-profits (37 in state) share largesse
BRIDGEPORT — The People’s United Community Foundation, the philanthropic arm of People’s United Bank, announced today that it awarded $531,500 in grants to nonprofit organizations throughout the communities it serves in Connecticut, New York, Massachusetts, Vermont, New Hampshire and Maine during its first grant cycle of 2013.
Eighty-five organizations (including 37 in Connecticut) received funding in support of programs that ranged from basic needs services and affordable housing projects to literacy and workforce development programs. The funding was distributed within the foundation’s three areas of focus: 51 percent allocated to youth development, 32 percent to community development, and 17 percent to affordable housing initiatives.
Of the $531,500 total, $211,000 went to non-profits headquartered in Connecticut. Of these, $5,000 each was awarded to the Mary Wade Home and Habitat for Humanity, both in New Haven; and $6,500 to Big Fun Education in Madison.
The two largest Nutmeg State awards — $20,000 each — went to the Family Assets Program of FSW Inc. in Bridgeport, and the Sandy Hook School Support Fund of the United Way of Western Connecticut in Newtown.
“With the onset of 2013, People’s United Community Foundation continues to see significant needs across our footprint,” said foundation Executive Director Vincent Santilli. “The foundation is pleased to be able to assist 85 organizations within our communities that are working vigorously to address those needs and improve the quality of life for residents.”
Established in 2007, People’s United Community Foundation was formed to help support programs and activities that enhance the quality of life for citizens in the communities that People’s United Bank serves. The foundation places particular emphasis on programs designed to promote economic self-sufficiency, education and improved conditions for low-income families and neighborhoods. The foundation’s funding priorities include community development, youth development and affordable housing.