Eastern Bank To Donate $1.5M To MA & NH Nonprofits That Support Immigrants

(NOTE: Eastern Bank has a location in Wilmington at 370 Main Street.)

BOSTON, MA — The Eastern Bank Charitable Foundation has begun accepting applications for grants that support immigrants as part of its annual “Targeted Grants” program.

The Foundation plans to award over $1.5 million in grants to local nonprofits that address a variety of issues facing immigrants, including: assistance for people seeking asylum, separated families, ESOL and adult basic education, workforce training, and support for immigrants serving in the U.S. Military.

“America is a nation of immigrants and now – more than ever – today’s immigrants need our support,” said Laura Kurzrok, Executive Director of the Eastern Bank Charitable Foundation.  “We’ve supported immigrants in our communities even before we formed our Foundation, more than 30 years ago, and we are looking forward to strengthening organizations that provide programs that address the social, legal and economic challenges facing immigrants and their families. We understand these issues because, here at Eastern, a large number of our colleagues are immigrants or sons, daughters or grandchildren of immigrants.”

Targeted Grants usually range from $10,000 to $15,000, and can go as high as $50,000.  Grant applications are due by 5 p.m. on April 18, 2017.  For more information and to apply for a Targeted Grant, please visit: http://www.easternbank.com/foundation.

In 2017, the Eastern Bank Charitable Foundation will donate nearly $7 million to 1,500 nonprofits throughout eastern Massachusetts and southern & coastal New Hampshire.  Eastern’s Targeted Grants are intended to support specific programing that strengthens communities and enhances the lives of people living and working within Eastern’s footprint.  Previous Targeted Grant categories included: Homelessness, Community Healthcare, Workforce Development, K-12 Student Success, Violence Prevention, and Strengthening Families.

About Eastern Bank

Founded in 1818 and based in Boston, Eastern Bank is America’s oldest and largest mutual bank, with $10 billion in assets and over 120 locations serving communities in eastern Massachusetts, southern and coastal New Hampshire and Rhode Island.  Eastern provides exceptional access to fairly priced banking, investment and insurance products and services for consumers and businesses of all sizes. Eastern Bank, which includes Eastern Wealth Management and Eastern Insurance, is known for its outspoken advocacy and community support that has topped more than $100 million in charitable giving over the past 20 years.  An inclusive company, Eastern employs 1,900 deeply committed professionals who value relationships with their customers, colleagues and communities. Join us for good at http://www.easternbank.com.

(NOTE: The above press release is from Eastern Bank.)

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One thought

  1. A company that is a holder of Town of Wilmington funds. I question if there is an orchestrated effort to over budget for the purpose of over taxing for the purpose of building up big bank balances so special interests and so called charitable corporation owners can stuff their own pockets? Intentional over budgeting should just be called GRAND LARCENY against the people of Wilmington. Go to Town Meeting and amend articles to limit taxation to the exact expediture amounts! NO MORE CHEATING the tax payers

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