Bristol County Savings Charitable Foundation Awards Record $2.8 Million in Grants
Bristol County Savings Bank announces that its Bristol County Savings Charitable Foundation awarded a record $2,868,417 in grants in 2024. The Bank distributed the funds to 265 different non-profits within the communities it serves, including Taunton, Attleboro, Raynham, Rehoboth, Franklin, New Bedford, Dartmouth and Fall River, Massachusetts and Providence, Pawtucket, Cumberland and Greenville, Rhode Island. It also was the fifth consecutive year that the Bank awarded grants totaling more than $2 million. Since the Foundation’s inception in 1996, more than $33.6 million in grants have been committed to hundreds of local 501(c)(3) organizations.
The Foundation’s purpose is to fund the needs that contribute to the economic and the social well-being of the people and institutions located in the greater Taunton/Attleboro Region, the SouthCoast Region and the greater Providence, Rhode Island Region, with particular emphasis in the areas of education and literacy, economic development and housing for the low- to moderate-income population. In recognition of the fulfillment of its objective, the Bank was recently named one of the Top Charitable Contributors in Massachusetts by Boston Business Journal for the eighth consecutive year, ranking #35 on the BBJ list of 96 companies that granted at least $100,000 to Massachusetts non-profits during the 2023 calendar year.
“As a community bank, our mission is to support the neighborhoods we serve by making them a better place to live and work,” said John Silva, President & CEO at Bristol County Savings Bank and President of the Bristol County Savings Charitable Foundation. “One way we realize this is by helping to fund, through our Foundation, the initiatives of area non-profit organizations. So, while we are very proud to exceed our past annual grant totals, it is especially fulfilling to help strengthen our community today and into the future.” Silva added that the Bank’s employees also volunteered more than 8,300 hours on behalf of 267 non-profits in 2024.
Bristol County Savings Bank Background Information: Bristol County Savings Bank, a Massachusetts chartered bank and wholly-owned subsidiary of Beacon Bancorp, is a full-service banking institution with approximately $3.1 billion in assets. Founded in 1846, Bristol County Savings Bank has expanded its branch network to include 16 full-service offices in Attleboro, Dartmouth, East Freetown, Fall River, Franklin, New Bedford, North Attleboro, Raynham, Rehoboth and Taunton, Massachusetts, and Cumberland, Greenville and Pawtucket, Rhode Island, as well as a Commercial Loan Office in Providence, Rhode Island. The Bank also operates limited service educational branches at Taunton and Attleboro High Schools. In addition to traditional banking services, Bristol County Savings Bank offers wealth management services and mortgage brokerage assistance through its affiliates Bristol Wealth Group and Milestone Mortgage Solutions LLC, respectively. The Main Office and Corporate Headquarters of Bristol County Savings Bank are located on Broadway in Taunton, Massachusetts. For more information on Bristol County Savings Bank, visit www.bristolcountysavings.com
