People's United Community Foundation Awards $332,000 in Grants to Connecticut Nonprofits

Friday, August 3, 2018

BRIDGEPORT, CT -- People’s United Community Foundation, the philanthropic arm of People’s United Bank, N.A., today announced that it awarded $332,000 to Connecticut non-profits during its second grant cycle of 2018.

Funding was allocated to 56 non-profit organizations in support of activities that ranged from basic needs services and affordable housing initiatives, to education and workforce development programs.

“We are pleased to support the work of the many non-profit organizations across Connecticut that are demonstrating positive outcomes and making a difference in our communities,” said Karen Galbo, Executive Director of the Foundation.

In total, People’s United Community Foundation awarded $855,500 during its second grant cycle of 2018 to 159 organizations throughout the communities it serves in Connecticut, New York, Massachusetts, Vermont, New Hampshire and Maine. The grants were disseminated in alignment with the foundations’ three areas of focus, including 41 percent to community and economic development, 40 percent to youth development, and 19 percent to affordable housing initiatives.

For a detailed list of organizations that People’s United Community Foundation supported during the second grant cycle of 2018, visit www.pucf.org.

About People’s United Community Foundation
People’s United Community Foundation helps support programs and activities that enhance the quality of life for citizens in the communities that People’s United Bank serves. People's United Bank, N.A. is a subsidiary of People's United Financial, Inc. (NASDAQ: PBCT), a diversified financial services company with approximately $45 billion in assets. People’s United Bank, founded in 1842, is a premier, community-based, regional bank in the Northeast offering commercial and retail banking, as well as wealth management services through a network of nearly 400 retail locations in Connecticut, New York, Massachusetts, Vermont, New Hampshire and Maine.

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Contact:

Karen Galbo
Executive Director
People’s United Community Foundation
203-338-6113
karen.galbo@peoples.com

Website: www. pucf.org

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