PROVIDENCE, R.I. — Fifteen nonprofit organizations in Massachusetts will receive a total of $397,000 from Citizens through the bank’s Citizens Helping Citizens Manage Money program. The initiative helps strengthen communities by supporting programs, through direct funding as well as volunteerism, that give people the resources they need to be financially healthy and inspire them to pursue their goals.
“Citizens is committed to ensuring that all individuals have access to economic opportunity, and we know that having strong financial knowledge is essential to unlocking that opportunity and reducing the wealth gap,” said Lisa Murray, the bank’s Massachusetts president. “In Massachusetts, Citizens is proud to support our local partners in providing residents with the confidence and tools to own their financial success and build brighter futures.”
The announcement comes during Financial Literacy Month, a nationally recognized campaign that raises awareness of the need for more financial-literacy education. Through Citizens Helping Citizens Manage Money, the bank will provide $2 million in contributions to 150 nonprofits across the communities it serves.
This years’ recipients in Massachusetts include two in Western Mass.: Junior Achievement of Western Massachusetts and Way Finders Inc. Other recipients include ACT Lawrence Inc., Camp Harbor View Foundation Inc., Centro de Apoyo Familiar, Council for Economic Education, Economic Empowerment Trust Fund, Inquilinos Boricuas en Acción Inc., Massachusetts Affordable Housing Alliance, Merrimack Valley Housing Partnership Inc., Network for Teaching Entrepreneurship, the Children’s Museum, Neighborhood of Affordable Housing Inc., Urban Edge Housing Corporation, and Dress for Success Boston Inc.