GROTON, Conn. - Disabled veterans entering the University of Connecticut’s Entrepreneurship Bootcamp for Disabled Returning Veterans will receive new laptops to boost their aspirations, courtesy of Work Vessels for Veterans of Noank, Connecticut. These area vets are some of the many people now better equipped and served because of 32 new grants totaling $63,500 awarded this October by the Chelsea Groton Foundation.
“Giving back to our community is inseparable from our mission to serve our banking customers,” explained bank President and CEO Michael Rauh. “Shared trust, purpose and respect—our mutual philosophy—means we do everything in our power to advance the quality of life of folks who live in our neighborhood.” The grants will fuel a wide range of award recipients whose goals include:
- Bringing a kind word along with soup and sandwiches, toiletries, socks and heating assistance to the poor and homeless of Norwich, Groton and New London ($3,000 to Malta, Inc.).
- Building four affordable homes for families willing to help shoulder the work ($4,000 to Habitat for Humanity of Southeastern Connecticut).
- Turning fourth and fifth graders onto the glories of the outdoor world at Nature’s Classroom ($1,000 to Regional Multicultural Magnet School).
“People in our community will also benefit from dental care, vocational skills training, Aids and HIV education, and many other special programs through the efforts of these deserving organizations,” added Rauh. “We’re delighted to lend a hand.”
The Foundation was formed in June 1998 as a Section 501(c) (3) organization and endowed with a $2,000,000 donation from Chelsea Groton Bank. Since then, $1,486,000 in grants have been given to hundreds of scientific, educational and charitable organizations located within the bank’s Southeast Connecticut and Westerly, Rhode Island market area. Each year, Chelsea Groton Bank and the Chelsea Groton Foundation support more than 200 local, nonprofit organizations through monetary gifts, grants, sponsorships, scholarships, and employee volunteerism via donations of time and talent. Year to date, the bank and its employees have contributed more than $274,000 and 8,300 hours to benefit their community.
For a complete list of fall 2012 grant recipients please visit chelseagroton.com/foundation.php.
About Chelsea Groton Bank
Based in Groton, Conn., Chelsea Groton Bank is a mutually owned bank with 14 locations throughout New London County. The bank has nearly $850 million in assets and serves businesses, individuals and families throughout Southeastern Connecticut and Southwestern Rhode Island. To learn more, visit chelseagroton.com.
