People’s bank foundation donates $113,000 to Vermont organizations


BRIDGEPORT, CTPeoples donations 2014

People’s United Community Foundation, the philanthropic arm of People’s United Bank, has awarded $113,000 in grants to nonprofit organizations throughout the communities it serves in Vermont.

A total of 26 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. Recipients included Champlain Valley Office of Economic Opportunity, Green Mountain Habitat for Humanity, Vermont Works for Women and the Committee on Temporary Shelter, among others.

In total, People’s United Community Foundation awarded $2.1 million 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 percent allocated to youth development, 31 percent to community development and 18 percent to affordable housing initiatives. The foundation also contributed 9 percent of its funding to local United Way organizations across its footprint through the People’s United Bank employee match campaign.

For a detailed list of organizations that People’s United Community Foundation supported in 2013, click Click chart to enlarge it.

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Filed Under: Business & Personal FinanceBusiness in Brief

About the Author: This item was edited from one or more press releases submitted to The Chester Telegraph.

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