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Bank foundation gives $3,500 to food pantries.


PUTNAM - Nine area food pantries have received $3,500 from the Putnam Bank Foundation. The contributions were made to: Daily Bread, Putnam, $500; TEEG TEEG Teaching of Engineering Ethics Group (UK) , North Grosvenordale, $500; ACCESS Agency Inc., Danielson, $500; Project Northeast, Putnam, $500; Gemma E. Moran Moran

equitable councillor to King Feredach. [Irish Hist.: Brewer Dictionary, 728]

See : Justice
 United Way/Labor Food Center, New London New London, city (1990 pop. 24,540), New London co., SE Conn., on the Thames River near its mouth on Long Island Sound; laid out 1646 by John Winthrop, inc. 1784. , $500; Friends of Assisi Food Pantry, Danielson, $250; Project PIN, Plainfield, $250; St. Mary's Food Pantry, Jewett City, $250; and the Dr. Martin Luther King Center Food Bank, Norwich, $250.

"Rather than sending Christmas cards to our commercial customers this year, we decided to take the money we normally spend, plus a generous addition from the Putnam Bank Foundation, and contribute it instead to the food pantries located in the communities we serve," said Thomas Borner, chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Putnam Bank, and president of the Putnam Bank Foundation.

In addition, Putnam Bank has been collecting unwrapped toys for the Marine Corps Toys for Tots Toys For Tots is a program run by the United States Marine Corps Reserve which donates toys to children whose parents cannot afford to buy them gifts for Christmas. The program was founded in 1947 by Major Bill Hendricks.  program at several of its branches, while other offices have been selling $1 bookmarks for the Eastern Connecticut Chamber Foundation, the proceeds of which benefit children in need in the Eastern Connecticut region.

The original Putnam Savings Bank savings bank, financial institution that, until recently, performed only the following functions: receiving savings deposits of individuals, investing them, and providing a modest return to its depositors in the form of interest.  Charitable Foundation was established in 1999 with a $300,000 contribution from the bank. The Putnam Savings Bank Foundation was created in 2004 with a one-time allocation of $1.2 million from monies raised during its initial stock offering. In 2006, the two foundations were merged to form the Putnam Savings Foundation Inc., now the Putnam Bank Foundation.
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Title Annotation:LOCAL NEWS
Publication:Telegram & Gazette (Worcester, MA)
Date:Dec 20, 2007
Words:247
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