Responding to the current needs in the community, The Cooperative Bank of Cape Cod has announced two focus areas for its charitable giving during Fiscal Year 2023: Housing Initiatives and Solutions, and Social Justice and Racial Equity.
“For more than a century The Coop has provided philanthropic support to help nonprofit organizations address evolving challenges facing our neighbors and the communities we serve,” said Lisa Oliver, Chair, President and CEO, The Cooperative Bank of Cape Cod. “A healthy economy, robust workforce and vibrant communities cannot be sustained on Cape Cod until we solve our housing crisis and create a welcoming environment for all who want to live here. I’m proud that The Coop will focus its charitable giving this year on organizations dedicated to housing solutions and social justice issues.”
Since the start of its fiscal year in April, The Coop has disbursed nearly $100,000, which includes more than $50,000 to organizations focused on these critical challenges. They include Amplify POC Cape Cod, Cape Abilities, Champ Homes, Community Development Partnership, Habitat for Humanity of Cape Cod, Harwich Ecumenical Council for the Homeless, Homeless Prevention Council, Housing Assistance Corporation, Independence House, Plymouth Area Coalition for Homeless and The Cordial Eye.
In addition to annual giving through the bank, The Cooperative Bank of Cape Cod Charitable Foundation Trust, during its first quarter of grants, awarded $10,000 to Big Brothers Big Sisters of Cape Cod & the Islands, enabling the organization to strengthen its programming and sustain its major impact in the region. The grant will also help accelerate outreach, recruitment and enrollment processes at a time when one-on-one mentoring has never been more important or in demand.
While The Coop has committed to earmarking a large portion of its annual funds towards the two focus areas, it will continue to renew many annual sponsorships to organizations working outside the focus areas. Some of the recipients include Arts Foundation of Cape Cod, Cape and Islands United Way, Cape Wellness Collaborative, Mass Appeal, Outer Cape Health Services and The Family Pantry of Cape Cod.