Southbridge Savings Bank Contributes MAJOR Donation to REAS Foundation!
REAS Foundation Receives Major Donation
The Board of Directors of the REAS Foundation are pleased to announce a major donation from Southbridge Savings Bank. Southbridge Savings Bank’s generous support of a $2,000 will help the organizations goal of raising $20,000 to help assist Sturbridge seniors with energy costs.
The REAS Foundation is the Residential Energy Assistance for Seniors Foundation, and is built upon the belief that the greatness of a community is ultimately judged not so much by the beauty or magnificence of its structures, but rather, by its compassion, contributions, and care for its most vulnerable members. Rising energy costs, which in turn drive the costs of many associated items, coupled with fixed incomes, have placed many of our seniors in difficult and dangerous predicaments. Their incomes are now fast outpaced by escalating energy prices. Choices between fuel, food, and prescriptions medications are becoming all too common for many of our seniors.
“The Board of Trustees and I are happy to help contribute to such a worthwhile organization,” the bank’s president and CEO, Phil Pettinelli, said on offering Southbridge Savings’ donation. “Our bank is committed to helping those in need in the areas that we serve.”
REAS Foundation Executive Director, Thomas Creamer, said, “It is through the support of organizations like Southbridge Savings Bank that help our visions become realities. Donations like these indicate that our efforts thus far are getting the message out and are having an impact.”
REAS Foundation Board of Director’s Chairman - Scott Garieri, (2nd from the left in photo), and Vice-Chairman James Malloy, (3rd from the left in photo), accepted the gift on behalf of the Foundation from Bill Pioppi - Southbridge Savings Bank Chairman of the Board of Trustees (far right in photo), and Mike Checkosky - Southbridge Savings Bank Sturbridge Branch Manager (far left in photo).
This significant donation from Southbridge Savings Bank increases our gifts recieved thus far, from the 29% mark, to less than a percentage point shy of our 40% benchmark. This has been an exciting first month of fund raising and the REAS Foundation is grateful to all of our partners.
If you want to find more information about the REAS Foundation’s visit them at www.REASFoundation.org. Inquiries may be sent to info@REASFoundation.org or to P.O. Box 737, Fiskdale, MA 01518.
For more information about Southbridge Savings Bank, call 800-939-9103 or visit them on the web at www.southbridgesavingsbank.com.