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Charitable Foundation begins accepting “Targeted Grant” applications for student education in grades K-12

BOSTON, Jan. 07, 2014 – The Eastern Bank Charitable Foundation has begun accepting applications for grants that seek to improve the quality of education for children in kindergarten through Grade 12 as part of its annual “Targeted Grants” program.

Dubbed “K-12 Student Success,” the Charitable Foundation is looking for nonprofits to submit proposals that fund programs or initiatives aimed at improving the quality of childhood education between kindergarten through Grade 12. The Foundation plans to distribute more than $1 million in targeted grants as part of its overall annual donations.

“There's no greater contribution we can make to our communities than ensuring that all our children have equal access to a quality education and a bright future,” said Laura Kurzrok, Executive Director of the Eastern Bank Charitable Foundation. “Our goal is for all children in our communities to graduate from high school educated, informed and prepared for a sustainable career or the rigors of higher education.” Programs to be supported include, but are not limited to:

  • • In-school Academic Enrichment – Academic enrichment programs that support students during their school day;
  • • After-school Academic Enrichment –Academic enrichment programs that support students after their school day;
  • • Technology Enhancements – Providing resources to students with limited access to necessary technology;
  • • Mentoring – In-and-out of school programs designed to support students academically and emotionally;
  • • Eliminating Barriers to Success – Programs addressing the myriad of complex issues impacting student success.

The Charitable Foundation plans to award grants ranging from $10,000 to $50,000, with the majority of the awards granted in the $10,000 to $15,000 range. The grants will be reviewed annually and requests must be submitted by March 1, 2014. For more information and to apply for a grant, please visit: www.easternbank.com/foundation.

Last year, the Eastern Bank Charitable Foundation donated nearly $1 million in targeted grant giving to organizations that address Workforce Development training.

About Eastern Bank
Founded in 1818 and based in Boston, Eastern Bank is the largest independent and mutually owned bank in New England, with more than $8 billion in assets and more than 90 branches serving communities from the Merrimack Valley to Cape Cod. Eastern Bank offers banking, investments and insurance all under one roof, and prides itself on working harder to understand its customers’ needs so it can deliver these services in a committed and personal way. Eastern Bank includes Eastern Wealth Management and Eastern Insurance. For more information, visit www.easternbank.com, www.facebook.com/easternbank and www.twitter.com/easternbank.

For more information, contact: Andrew Ravens, Public Relations, Eastern Bank, 781-598-8528, or e-mail Andrew Ravens.