Hyannis, MA – Cape Cod 5 recently announced $150,000 in donations to support local organizations in their efforts to provide food and housing security on Cape Cod, Martha’s Vineyard, Nantucket and in Southeastern Massachusetts. In response to ongoing demand in these areas of need, this disbursement is in addition to the $250,000 in grants provided by the Bank earlier this year to support these efforts.
The donation will be split between these two important areas of need, with $100,000 extended to local homelessness prevention services and housing development resources and $50,000 to local food pantries.
“As a critical component of our community commitment, Cape Cod 5 is proud to support the efforts of many local organizations helping community members gain access to healthy food and emergency or long-term housing during a challenging and prolonged period of increased demand,” said Dorothy A. Savarese. “Everyone in our communities should have access to food and housing, and we will continue to assist our local nonprofits as they make a positive impact providing these basic human needs to our neighbors.”
In total throughout 2021, Cape Cod 5 has given over $1 million in philanthropic support to organizations and non-profits working to make a difference in our region.
About Cape Cod 5
Founded in 1855, Cape Cod 5 is an independent state-chartered financial institution with over $4.6 billion in assets. Through its 26 offices, Cape Cod 5 offers a broad range of financial products and services to customers living and working on Cape Cod, Martha’s Vineyard and Nantucket and in Southeastern Massachusetts communities. Products and services include consumer and commercial banking products; residential mortgages; investment management and trust services. Member FDIC. Equal Housing Lender. NMLS #401717.