FOR IMMEDIATE RELEASE – March 15, 2021
Announcing the Cambridge Trust Charitable Foundation
Following the receipt of regulatory approval, the Board of Directors of the Wellesley Bank Charitable Foundation are pleased to announce the re-naming of the Foundation to the Cambridge Trust Charitable Foundation (the “Foundation”). Since 2012, the Foundation has donated more than $1.5 million to organizations supporting the local community and its determination and impact remain unchanged.
In February 2021, the Foundation granted $10,000 to Casa Myrna, a Boston based non-profit that delivers solutions to end domestic violence through intervention, awareness, and prevention. Further, in March 2021, the Foundation has approved a $10,000 sponsorship for the Boston Arts Academy Foundation Honors event. The Boston Arts Academy is the city’s only public high school for the visual and performing arts, providing a diverse student body with access to college-preparatory arts and academic education.
“The Directors of the Foundation and I are pleased to continue the charitable giving efforts of the organizations within the communities served by Cambridge Trust,” noted Thomas J. Fontaine, Chief Banking Officer, President of the Foundation. “The donations to Casa Myrna and The Boston Arts Academy are indicative of the Foundation’s dedication to our communities in need.”
The Cambridge Trust Charitable Foundation will continue to fund the organizations that provide invaluable services within our communities and now, with the support of Cambridge Trust, has a greater ability to make an impact locally.
The Directors of the Foundation review grant requests on a quarterly basis. Organizations wishing to request funding from the Cambridge Trust Charitable Foundation may contact the Corporate Secretary via mail at, Corporate Secretary, Cambridge Trust Charitable Foundation, 100 Worcester Street, Suite 300, Wellesley, MA 02481 or call (781) 489-7647 for further information.
For more details on Cambridge Trust visit:
www.cambridgetrust.com
Contact:
Cambridge Trust
[email protected]
About Cambridge Trust
Cambridge Trust Company is a 130-year-old Massachusetts chartered commercial bank with $3.9 billion in banking assets as of 12/31/21 and a total of 21 banking offices in Massachusetts and New Hampshire. Cambridge Trust is one of New England’s leaders in private banking and wealth management with $4.2 billion in client assets under management and administration as of 12/31/21.
For more details on Cambridge Trust visit:
www.cambridgetrust.com