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Ion Bank News

Web Site: http://www.ionbank.com
- East Side 1336 East Main St., Meriden, CT 06450
Tel: (203) 639-8866 Fax: (203) 317-3859

Ion Bank is an independent community-based bank committed to providing a full line of consumer and business products and services.

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Ion Bank Foundation Set New Giving Record in 2013

January 30, 2014

The Ion Bank Foundation awarded grants totaling a record $498,860 in 2013, funds that are being used to support a wide assortment of projects and programs in the communities served by the bank.

The 2013 total represents a 19 percent increase from the $419,098 in grants the foundation awarded in 2012, and a 7 percent increase from its highest previous annual total of $468,345 in 2008.

"Everybody associated with Ion Bank is very proud of the new record our foundation established last year and of all the good work that is being accomplished in our local communities with those funds," said Chuck Boulier, the bank's president and chief executive officer.

The 2013 grant total brings the Foundation's all-time total of grants awarded to $4.83 million since its creation in 1998.

Ion Bank Foundation grants are being used to help fund and support more than 100 charitable and community programs and organizations located within the bank's retail footprint. Some non-profits to receive grants in 2013 included the American Cancer Society, Connecticut Food Bank, the Boys and Girls Clubs of Greater Waterbury and Meriden, Flanders Nature Center & Land Trust, Girls Inc. of Meriden and Southwestern CT, Granville Academy, the Juvenile Diabetes Research Foundation, Nutmeg Big Brothers/Big Sisters, Literacy Volunteer programs in both New Haven and Waterbury, Operation Fuel Inc., the Ronald McDonald House, Saint Vincent DePaul Mission, Salvation Army, and five United Way agencies throughout central and southwestern Connecticut.

The Foundation also supported close to 40 additional non-profit agencies - including Jane Doe No More, Hidden Acres Therapeutic Riding Center and Safe Haven of Greater Waterbury - through its fourth annual Community Awards Program, which distributed proportional shares of a $53,000 grand total to local non-profit organizations in accordance to voting conducted among bank customers.

Customer voting to award $60,000 in 2014 Community Awards Program funds began on Jan. 2 and will continue through March 31.

The Foundation last year also served as the presenting sponsor for Give Local Greater Waterbury & Litchfield Hills, the Connecticut Community Foundation's online giving challenge held last fall.

 
 

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