Bristol County Savings Bank, utilizing funding obtained through Federal Home Loan Bank (FHLBank) Boston’s Jobs for New England Recovery Grant Program, has awarded a total of $100,000 to nine non-profit organizations within the communities the Bank serves that have been impacted by the coronavirus pandemic.
As an FHLBank Boston member institution, Bristol County Savings Bank was allowed to submit an online application and provide a list of targeted grantees to access up to $100,00 in grant funds for community-based non-profit organizations from the New England Recovery Grant Program. Funds could be used for working capital purposes, including payroll, required COVID-19 related expenditures, debt service, utilities and inventory. The Bank was required to certify that each non-profit had been negatively impacted by COVID-19.
Though the Jobs for New England Recovery Program and Bristol County Savings Bank, the non-profits that received grants ranging from $5,000 to $20,000 are: Taunton Area – Taunton Business Improvement District made through its partner organization Downtown Taunton Foundation; Attleboro Area – New Hope, Inc. and Southeastern Massachusetts Arts Collaborative-SMARTS; Fall River Area – Children’s Museum of Fall River, Narrows Center for the Arts and Southeastern Massachusetts SER-Jobs for Progress; New Bedford Area – Boys & Girls Club of Greater New Bedford and Immigrants’ Assistance Center; and Rhode Island – Pawtucket Central Falls Development.
“Thanks to FHLBank Boston and its Jobs for New England Recovery Grant Program, we continue to address the multiple repercussions of the pandemic in our community and be there for our local non-profit partners when they need us most,” said Pat Murray, President and CEO of Bristol County Savings Bank.