Dedham Savings Community Foundation Pledges Support to Local Food Pantries
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 & Chief Executive Officer.
This special round of funding is in direct response to concerns about the impact inflation is having on the ability of local households to afford rising food costs. During the past several years, the Dedham Savings Community Foundation has provided special grants to address heating costs, housing, and food insecurity.
Stated Brown, who also serves as President & Trustee of the Dedham Savings Community Foundation, “Local pantries see high volumes in the number of families needing food assistance. The Dedham Savings Community Foundation board was strongly in support of responding to this ongoing need.”
Noted Mark Ingalls, Dedham Savings Chief Financial Officer, as well as Treasurer & Trustee of the Foundation, “The Foundation Board truly understands the Bank’s role in providing funding for critical services like food security. Board members were unanimously in favor of once again providing this unsolicited aid to local pantries.”
Selected organizations receiving funding have been notified by the Bank.
About Dedham Savings Community Foundation
The Dedham Savings Community Foundation was formed by Dedham Savings for the purpose of funding requests from community organizations which provide services to the communities that they serve. These communities generally, but not exclusively, include Dedham, Needham, Norwood, Sharon, South Boston, Walpole, and Westwood. Typical requests are usually received from such organizations as schools, libraries, family service organizations and non-profit organizations. The Trustees of the Foundation will accept grant requests from community organizations and make awards twice a year.
Organizations wishing to request funding from the Foundation may apply online on our Community Giving Page.
ABOUT DEDHAM SAVINGS
Incorporated in 1831, Dedham Savings has assets of over $2.3 billion. Its mission is to promote financial strength and success in the individuals, families, and businesses of the communities it serves. Dedham Savings offers a broad range of financial and electronic banking services to individuals, businesses, and organizations through full-service locations in Dedham, East Dedham, Needham, Norwood, Sharon, South Boston, Walpole, and Westwood.