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PEOPLE’S UNITED COMMUNITY FOUNDATION AWARDS $52,000 TO MAINE NONPROFITS

June 16, 2014

The People’s United Community Foundation, the philanthropic arm of People’s United Bank, announced today that it awarded $52,000 in grants to nonprofit organizations throughout the communities it serves in Maine.

Ten organizations received funding in support of activities that ranged from education programs and basic needs services to workforce development programs. Recipients included Camp Capella, Genesis Fund, Goodwill Industries of Northern New England, Maine Housing and Building Materials Exchange, and Project Feed.

In total, People’s United Community Foundation awarded $721,500 in grants to 111 nonprofit organizations in the communities it serves in Connecticut, New York, Massachusetts, Vermont, New Hampshire and Maine during the first grant cycle of 2014. The funding was distributed within the foundation’s three areas of focus, with 50 percent allocated to youth development, 31 percent to community development, and 19 percent to affordable housing initiatives.

“Many outstanding nonprofit organizations in our communities are doing exceptional work to meet the needs of residents,” said Vincent Santilli, Executive Director of the foundation. “People’s United Community Foundation is pleased to support a significant number of these agencies throughout our footprint that are consistently demonstrating positive results.”

For a detailed list of organizations that People’s United Community Foundation supported during the second grant cycle of 2014, please refer to the chart provided or visit www.pucf.org.

Established in 2007, People’s United Community Foundation was formed to help 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, founded in 1842 and serving customers from New York to Maine through a network of more than 400 branches, is the largest independent bank headquartered in New England. The Foundation places special emphasis on programs designed to promote economic self-sufficiency, education and improved conditions for low-income families and neighborhoods. The funding priorities of the Foundation include community development, youth development, and affordable housing.

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