The Coop Foundation Awards $20,000 to Cape Cod nonprofits

The Cooperative Bank of Cape Cod Charitable Foundation Trust (The Coop Foundation) has announced the most recent round of grants for the final quarter of its fiscal year, awarding $20,000 in Foundation and Pandemic Relief micro grants.

“We are pleased to award this round of grants that will directly benefit the lives of Cape Codders,” said Lisa Oliver, President, Chair, and CEO of The Cooperative Bank of Cape Cod. “The recipients of this quarter’s grants are actively working to alleviate some of biggest challenges facing the Cape, specifically in the area of childcare and education.”

The grant awards coincide with the kickoff of a year-long celebration of the bank’s centennial.  The bank was founded in 1921 as a mutual community bank. Since its founding, the bank has served residents of the Cape and has remained true to that commitment for 100 years, partnering with generations of customers from their first savings account to retirement.

The grants were donated to four local organizations:

  • $10,000 to Cape Cod Children’s Place for their Early Education & Care Scholarships program, providing scholarships to families who are caught in the financial gap between qualifying for state-subsidized care and affording early education and care.
  • $2,500 to Highfield Hall & Gardens for new Family & Youth Programming, including a scholarship program for underserved populations.
  • $2,500 to Penikese Island Discovery to cover the cost of Virtual Discovery Days for a Cape-based school. Discovery Days an array of nature-based STEM education opportunities and experiences to local students.
  • $5,000 to Heroes in Transition as the final Pandemic Relief micro grant. This funding helped the organization to distribute Food Gift Boxes for Military Families during the holidays.

Over the last 12 months, the total charitable giving from the bank more than doubled, distributing over $500,000 to local nonprofits, including $200,000 in pandemic relief grants going to 24 local organizations. As of February 2021, $50,500 of those funds have been distributed as micro grants to 15 local nonprofits that are directly serving COVID-19 related needs in the community. For these nonprofits, they have seen first-hand the economic consequences of this outbreak and how their clients are disproportionately impacted by the coronavirus pandemic.

“As we enter our 100th Anniversary, we are committed to continue our support of the community,” said Oliver. “We know that we’re stronger together, and we plan on being a strong community partner on the Cape.”