Cape Cod 5 has donated $150,000 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 more than $1 million in philanthropic support to organizations and nonprofits working to make a difference in the region.