HYANNIS, Mass. (July 15, 2024) — The Cooperative Bank of Cape Cod, through its Charitable Foundation Trust (The Coop Foundation) and Corporate Giving programs, has awarded $148,750 in grants and donations to local nonprofit organizations dedicated to improving the lives of Barnstable County residents.
“This quarter’s grant recipients truly reflect The Coop’s vision to transform lives through the power of community banking,” said Lisa Oliver, Chair, President and CEO, The Cooperative Bank of Cape Cod. “As a true community bank, we have a commitment and expectation to help alleviate the major issues affecting Cape Cod, including affordable housing, poverty, social justice and racial and economic equity. I congratulate all the extremely deserving nonprofit organizations that received grants from The Coop and look forward to supporting their work now and in the future.”
During the recent quarterly meeting of the foundation’s Board of Trustees, the following new grants were awarded for the first quarter of the bank’s 2025 fiscal year:
- $25,000 to Helping Our Women, distributed in four annual installments, for support of its Women Thriving campaign, which includes the new Ann Maguire Women’s Wellness Center in Eastham. The grant will also help fund Helping Our Women’s Peer Wellness Coaching program and much-needed updates to its Provincetown facility.
- $25,000 to Heritage Museums & Gardens, distributed in four annual installments, to support the Barbey Family Welcome Center, a 9,000-square-foot three-building facility scheduled to open in 2025. The new welcome center will elevate the guest experience by providing a gracious gateway for visitors to prepare to enjoy a day of exploration, discovery and learning on the Sandwich museum’s 100-acre grounds.
- $15,000 to Harwich Ecumenical Council for Housing to be used for expansion of its Rental Assistance Program, which helps people stay in place to creates stability for residents, employees and the community workforce on Cape Cod.
- $10,000 to Belonging to Each Other to support its $1.3 million campaign to purchase and renovate the former Gerald Flynn House in Falmouth to be used as a shelter in the winter months for those experiencing homelessness and as housing for seasonal workers during the summer.
- $5,000 to Falmouth Housing Trust to help fund its Waquoit Project, a plan to create six affordable workforce homes on a 3.8-acre parcel with a pond that connects to the Waquoit Bay National Estuarine Research Reserve. The project will initially provide housing for more than 20 people in new, energy-efficient homes restricted as affordable housing in perpetuity.
The Coop Foundation also issued the final $6,250 installment of a four-year $25,000 grant award to Big Brothers Big Sisters of Cape Cod & The Islands to help expand mentoring services to youth throughout the region.
The Coop has also disbursed more than $100,000 in funding support from its Corporate Giving program to almost 50 local nonprofits to date in the first quarter. Notable donations include:
- $25,000 to The Women & Girls Fund of The Cape Cod Foundation.
- $20,000 to Housing Assistance Corporation.
- $10,000 to the Arts Foundation of Cape Cod.
- $10,000 to the Y Achievers Program of YMCA Cape Cod.
- $10,000 to Love Live Local.
- $10,000 to Independence House.
The Cooperative Bank of Cape Cod
The Cooperative Bank of Cape Cod is an independent mutual community bank with more than $1.5B in assets and 170 employees. The Coop is a member of both the Federal Deposit Insurance Corporation (FDIC) and the Depositors Insurance Fund (DIF), which means 100% of deposit balances are insured in full.
The Coop delivers a robust suite of digital and traditional banking products including mobile and online banking, person-to-person payments, business loans, mortgages, cash management, credit cards, merchant card transaction processing, payroll services and checking and savings accounts. The bank also offers dedicated staff and customized programs to support businesses of all sizes, a major driver of the regional economy, by offering products including construction loans, mortgage loans, lines of credit, term loans and time notes.
Through The Cooperative Bank of Cape Cod Charitable Foundation Trust, the bank is a prominent philanthropic partner with local nonprofits addressing needs and challenges of the community and named a 2021 and 2022 Top 100 Charitable Organization by the Boston Business Journal.
Headquartered in Hyannis, The Coop also operates nine full-service branch locations throughout Cape Cod and a mortgage office in Provincetown. For additional information, please visit www.thecooperativebankofcapecod.com, www.facebook.com/mycapecodbank or call 508-568-3400.
