July 31, 2018
People's United Community Foundation Awards More Than $855 Thousand During Its Second Grant Cycle of 2018
Grants Awarded to 159 Non-profits Across the Northeast
BRIDGEPORT, CT – The People’s United Community Foundation, the philanthropic arm of People’s United Bank, N.A., announced that it has awarded $855,500 during its second grant cycle of 2018 to 159 non-profit organizations throughout the communities it serves in Connecticut, New York, Massachusetts, Vermont, New Hampshire and Maine.
Funding was distributed in support of activities that ranged from basic needs services and affordable housing initiatives to education, workforce development and life skills training programs. The grants were disseminated in alignment with the foundation’s three areas of focus, including 41 percent to community and economic development, 40 percent to youth development, and 19 percent to affordable housing initiatives.
“We are pleased to support the important work of our community partners who are providing critical programs and services that are helping to strengthen our communities,” said Karen Galbo, Executive Director of the Foundation.
For a detailed list of organizations that People’s United Community Foundation supported during the second grant cycle of 2018, visit www.pucf.org.
About People’s United Community Foundation
People’s United Community Foundations help support programs and activities that enhance the quality of life for citizens in the communities that People’s United Bank serves. People's United Bank, N.A. is a subsidiary of People's United Financial, Inc. (NASDAQ: PBCT), a diversified financial services company with approximately $45 billion in assets. People’s United Bank, founded in 1842, is a premier, community-based, regional bank in the Northeast offering commercial and retail banking, as well as wealth management services through a network of nearly 400 retail locations in Connecticut, New York, Massachusetts, Vermont, New Hampshire and Maine.