8 local nonprofits benefit from Citizens financial literacy campaign

EIGHT RHODE ISLAND-BASED nonprofit organizations will share $140,000 of the $1.5 million recently donated nationwide by Citizens Bank to increase financial literacy. From left, Keith Kelly, president, Citizens Bank Rhode Island; Tony Maione, CEO, United Way of Rhode Island; Barbara Cottam, head of corporate affairs, Citizens Bank; and R.I. Treasurer Seth Magaziner. / COURTESY CITIZENS BANK
EIGHT RHODE ISLAND-BASED nonprofit organizations will share $140,000 of the $1.5 million recently donated nationwide by Citizens Bank to increase financial literacy. From left, Keith Kelly, president, Citizens Bank Rhode Island; Tony Maione, CEO, United Way of Rhode Island; Barbara Cottam, head of corporate affairs, Citizens Bank; and R.I. Treasurer Seth Magaziner. / COURTESY CITIZENS BANK

PROVIDENCE – In an effort to increase financial literacy in the Ocean State, eight Rhode Island-based nonprofit organizations will share $140,000 of the $1.5 million donated by Citizens Bank nationwide earlier this week.

Presented in recognition of national financial literacy month, $10,000 grants were awarded to Connecting for Children & Families, Genesis Center and Junior Achievement of Rhode Island while both Amos House and Crossroads Rhode Island received $20,000 grants.

ONE Neighborhood Builders and Pawtucket Central Falls Development were presented $15,000 grants while the United Way of Rhode Island received $40,000, the largest grant of the bunch.

The funding was awarded through Citizens Bank’s Citizens Helping Citizens Manage Money initiative.

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Emily Gowdey-Backus is a staff writer for PBN. You can follow her on Twitter @FlashGowdey or contact her via email, gowdey-backus@pbn.com.