Dedham Savings Community Foundation Pledges Additional Support To Local Food Pantries In Wake Of Coronavirus Impact
The Dedham Savings Community Foundation has pledged $50,000 in grants to support local food pantries in communities served by the Bank, according to an announcement by Peter Brown, Dedham Savings President & CEO.
This special round of funding is in direct response to COVID-19 and the growing impact it is having on local businesses and individuals. In April, The Foundation donated $25,000 to local food pantries.
Stated Brown, “Local food pantries are continuing to see an increase in the number of families requesting food during these unprecedented times. With unemployment at an all-time high, these pantries are vital to our community and those in need. The Dedham Savings Community Foundation board was able to quickly respond to this growing need, and approve this special round of funding.”
Noted Mark Ingalls, Dedham Savings Chief Financial Officer, “We are grateful once again to the Foundation Board for their ability to so quickly and unanimously gather around such an important cause. The Board understands that we must serve the most vulnerable populations in our communities that are under a lot of financial stress during the Pandemic.”
The twenty selected food pantries have been notified by the Bank and will receive Foundation grant funds within the week.
ABOUT DEDHAM SAVINGS COMMUNITY FOUNDATION
The Dedham Savings Community Foundation is a privately funded foundation created by Dedham Savings in 2000 to provide financial support to charitable organizations that serve disadvantaged populations within the Bank’s community reinvestment area. These communities include Dedham, Needham, Norwood, Sharon, South Boston, Walpole, and Westwood and contiguous areas. Typical requests are received from schools, libraries, family service organizations and non-profit organizations. The Trustees of the Foundation accept grant requests from community organizations and make awards twice per year.