Middlesex Savings Bank announced a donation of $1.2 million to support 24 education foundations within its retail branch territory.
“The gift reflects one of the Bank’s core values of supporting and investing in the future of the community, which Middlesex has been doing for more than 180 years,” said Michael McAuliffe, president and CEO of Middlesex Savings Bank. “We simply want to provide additional support that will help our teachers and students thrive and are excited to see the various ways it will be used.”
This month, the Bank notified the 24 recipients, who were surprised and heartened by the gesture of support.
“The $50,000 gift from Middlesex Savings Bank is a game changer for the Medway Foundation for Education,” said Brian Gray, president of the Medway Foundation for Education. “It generally takes us several years to raise this amount of money through our planned events. This funding provides us with a much needed boost that will allow the Foundation and our volunteers to attain our goals more effectively. It will impact our teachers, students and parents in a very positive way.”
Recipients include the following education foundations:
“It’s an honor and a pleasure to support our branch towns’ education foundations,” said Dana Neshe, executive vice president of Middlesex Savings Bank. “We hope that this financial assistance helps provide needed resources for our teachers and students and allows them to do their best work. As a local bank, we’re invested in the success of our community and know that a strong community benefits us all.”