Pay It Forward
Chelsea Groton Bank NOVEMBER 2015

Mutual Matters



Chelsea Groton Foundation Surpasses $2 Million In Giving

Chelsea Groton FoundationThe Chelsea Groton Foundation recently surpassed the $2 million mark in total grants awarded to the community since 1999. This milestone was achieved following the most recent grant distribution cycle this fall when the Foundation gave $74,100.50 in grants to 48 non-profit organizations from Connecticut and Rhode Island. Grant distributions for the year totaled $185,579.05.

"As a mutual bank, our commitment to serve our community is part of our mission," said Michael Rauh, President and CEO of Chelsea Groton Bank. "The grants awarded this fall went to organizations that greatly impact our region in a variety of areas – homelessness, hunger, mental health, economic opportunity, recreational programming, and more. We are honored to partner with local non-profits who help make our community what it is today."

Fall grant donations included: $1,500 to the Jonnycake Center of Westerly, Inc. to purchase food and supplies needed by the food pantry; $2,500 to the Jordan Porco Foundation in Hartford to bring awareness of the mental health resources available to students at Connecticut College, Mitchell College and Three Rivers Community College; $5,000 to the Martin House, Inc. to purchase food for residents in its Norwich location; and $2,500 to the Visiting Nurse Association of Southeastern Connecticut in Waterford to help underwrite free foot care clinics at the Pawcatuck Neighborhood Center for elderly and low-income people.

The Foundation presented three of the housing-related grants during the Affordable Housing Forum in Norwich last month. Eastern CT Housing Opportunities, Inc. received $2,500 to help with costs of administering a down payment assistance program for low-income, first-time homebuyers; Habitat for Humanity of Eastern CT was presented $2,500 to support the construction of a home in Plainfield, CT; and H.O.P.E., Inc. was awarded $2,500 to cover costs associated with holding nine free home repair workshops for low and moderate income, first-time homeowners in southeastern CT. A full list of grant recipients can be found at

The Foundation accepts grant applications two times per year. Each year, Chelsea Groton Bank and the Chelsea Groton Foundation support more than 200 local organizations through monetary gifts, grants, sponsorships, scholarships, employee volunteerism and food, clothing and supply drives.

Formed in June 1998 as a Section 501(c) (3) organization and endowed with a $2,000,000 donation from Chelsea Groton Bank, the Foundation has, to date, awarded over $2,000,000 in grants to hundreds of scientific, educational and charitable organizations located within the Bank's market area. Learn more at

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