PROVIDENCE – Santander Bank committed $4 million nationwide to nonprofit organizations that support low- and moderate-income individuals, families and communities in the bank’s United States footprint last week, including 12 Rhode Island and Bristol County, Mass., organizations.
The bank told PBN Tuesday that this included $125,000 to nine organizations and a portion of $610,000 to three other regional organizations for local efforts. Grants were given to nonprofits focused on affordable housing, community services economic and small business development, financial education, neighborhood revitalization and workforce development.
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Local grants included:
- The Capital Good Fund: $30,000
- Crossroads Rhode Island: $15,000
- Housing Works RI at Roger Williams University: $15,000
- Olneyville Housing Corp.: $15,000
- Boys & Girls Club of Pawtucket: $10,000
- New Bedford Economic Development Council: $10,000
- Pawtucket Central Falls Development Corp.: $10,000
- Rhode Island Community Food Bank Association: $10,000
- Smith Hill Community Development Corp.: $10,000
Regional grants that will be partially used in Rhode Island and Bristol County, Mass., were:
- Junior Achievement USA: $350,000 total – A portion of the grant will be used to support Junior Achievement of Southern Massachusetts and Junior Achievement of Rhode Island
- Network for Teaching Entrepreneurship: $210,000 – A portion of the grant will be used to support Network for Teaching Entrepreneurship in Providence
- BellXcel: $50,000 – A portion of the grant will be used to support BellXcel in Providence
Nationwide, Santander awarded money to 137 nonprofits as part of charitable efforts in this round of grants. The company said that this was the first of two rounds of grants for 2019. The grants were primarily distributed in the Northeast, corresponding to Santander’s U.S. business footprint.
“Santander’s charitable grants program is one important way that we help people and businesses prosper,” said Seth Goodall, Santander’s executive director of corporate social responsibility, in a statement. “Not only does this cycle of grants provide funding to key nonprofit organizations that help strengthen our communities, but we are particularly pleased to highlight our financial support for small business organizations and initiatives.”
