NONPROFITS RECEIVE FUNDING
People’s United Community Foundation, the philanthropic arm of People’s United Bank, N.A., awarded $318,000 to Connecticut nonprofits during its third grant cycle of 2018, the bank announced last week.
Funding was allocated to 55 nonprofit organizations in support of activities that ranged from basic needs services and affordable housing initiatives, to education and workforce development programs.
“We are proud to partner with a number of nonprofit organizations that are creating positive change for individuals and strengthening our communities,” said Executive Director of the Foundation Karen Galbo.
Five Norwalk-based organizations saw donations from the foundation:
Norwalk Education Foundation: $4,000
STAR, Inc., Lighting the Way: $4,000
Family & Children's Agency: $3,000
Higher Education Literacy Professionals: $2,500 Food Rescue Us: $2,500 In total, People’s United Community Foundation awarded $875,500 during its third grant cycle of 2018 to 171 organizations throughout the communities it serves in Connecticut, New York, Massachusetts, Vermont, New Hampshire and Maine. The grants were disseminated in alignment with the foundations’ three areas of focus, including 43 percent to community and economic development, 37 percent to youth development, and 20 percent to affordable housing initiatives.