Foundation helps local nonprofits
The People’s United Community Foundation, the philanthropic arm of People’s United Bank, has awarded $516,900 in grants to nonprofit organizations throughout the communities it serves in Southern Connecticut.
A total of 69 nonprofit organizations received grants in 2013. Funding supported programs such as basic needs services, financial literacy, workforce development and job placement, life skills training, first-time homebuyer programs, affordable housing development, education initiatives and after-school programs. Sacred Heart University Scholarship was among the local recipients.
In total, the foundation awarded $2,126,944 in grants to 345 nonprofit organizations in the communities it serves in Connecticut, New York, Massachusetts, Vermont, New Hampshire and Maine. Funding was distributed within the foundation’s three areas of focus, with 42% allocated to youth development, 31% to community development and 18% to affordable housing initiatives. The foundation also contributed 9% of its funding to local United Way organizations across its footprint through the People’s United Bank employee match campaign.
“People’s United Community Foundation is pleased to continue its support to the many nonprofit organizations that are improving the lives of individuals and families across our six-state footprint,” said Vincent Santilli, the foundation’s executive director. “We look forward to building upon our success and continuing our support of commendable programs in 2014.”
For a detailed list of organizations that People’s United Community Foundation supported in 2013, visit pucf.org.