BankNewport announced that its 2021 philanthropic efforts resulted in over $1.2 million awarded to over 350 nonprofits in Rhode Island. The donations include all grants, sponsorships, community contributions from local branches, and year-end proactive and holiday support totaling $74,000 to nonprofits that meet basic needs for the underserved throughout Rhode Island.
Organizations in every county of Rhode Island benefitted from the giving effort, with areas of impact focused on basic human needs, children & families, education, economic security, healthy living, arts and culture and the environment. Over the past 11 years, BankNewport has awarded $7 million in grants, sponsorships, and donations to a wide range of nonprofits to help strengthen and enrich lives and communities throughout the state.
Financial education and community involvement by Bank employees in 2021 totaled over 7,300 hours. Through BNWise, BankNewport’s financial education program, over 2,500 students and community members were engaged in interactive financial education presentations on a variety of topics, from saving and budgeting to credit and entrepreneurship, which were made available in-person and virtually.
BankNewport also presented two high profile campaigns generating statewide awareness of food insecurity and for those organizations serving Rhode Island’s homeless population: Kind Souls Full Bowls benefitted the with a $50,000 Bank gift and over $7,500 raised from the community, and Kind Heart Fresh Start collected over 4,700 personal care items impacting more than 1,000 individuals in need with a $50,000 Bank gift and over $7,500 raised from the community, and Kind Heart Fresh Start collected over 4,700 personal care items impacting more than 1,000 individuals in need.