BankNewport Awards $20,000 in Grants to Providence-Based Education Programs
College Visions, FabNewport, and Save The Bay receive funds to support efforts that will benefit elementary and middle school students, and rising high school seniors
NEWPORT, R.I. (September 11, 2019) – Continuing its longtime commitment to supporting educational initiatives that help students succeed in the classroom and beyond, BankNewport awarded $20,000 in charitable grants to three Providence-based education programs.
College Visions has been awarded $5,000, FabNewport received $10,000, and Save The Bay was awarded $5,000. The scope of the organizations’ work and funded programs will serve elementary and middle school students, and rising high school seniors.
BankNewport’s grant to College Visions will support the organization’s College Access and College Success programs, which combined, support 385 low-income, first-generation students in Rhode Island’s urban core. Through the College Access Program, rising high school seniors meet regularly with a College Visions advisor for guidance through the college application process and one-on-one mentorship. Students receive support identifying colleges of interest, preparing for interviews, campus visits, and assistance and counseling with financial aid applications. Once a student enrolls in higher education, they transition to College Visions’ College Success Program, where they receive continuing support through individualized coaching while on campus to persist and graduate.
In support of improving educational outcomes for Latino middle school students in the capital city, FabNewport will use its grant to develop a network of Spanish-speaking volunteers to deliver its Make Your Life Program in partnership with the Providence Community Libraries, Providence Public Library and Young Voices. Using the libraries as a learning network for youth, FabNewport’s Make Your Life Program offers free workshops and classes that encourage students to explore their science, technology, engineering, arts, and math (STEAM) skills through creating. By training a cohort of Spanish-speaking volunteers, FabNewport will broaden the reach of its Make Your Life Program to better serve what it recognizes as an underserved youth population.
Save The Bay will use its BankNewport grant to fund its Bay Partners program, a comprehensive, multi-experience educational program for all third grade students at Mary E. Fogarty Elementary School in Providence throughout the 2019-2020 academic year. One of Save The Bay’s flagship educational initiatives, Bay Partners provides students with in-classroom programs that align with state science standards and focus on Rhode Island’s largest natural resource, Narragansett Bay. Originally founded in 2004 with federal funds, the Bay Partners program was discontinued in 2011 when federal funding was eliminated. Thanks to charitable support, the program returned to Mary E. Fogarty Elementary School during the 2017-2018 school year to serve 70 third grade students. This current BankNewport grant marks the third consecutive year the bank has awarded the program $5,000.
“One of the most consistent threads through all of our lives is education and learning – it’s also one of the most important areas we can invest in as a community towards the future success of our state,” said
Sandra J. Pattie, President and CEO, BankNewport. “We are particularly excited about the programs we’re funding for the diversity of their work and the range of students they’ll impact across different stages of their academic journey. These are programs that provide opportunities to students they may otherwise not have, and I think that’s something we can all support.”
Founded in 1819 and headquartered in Newport, BankNewport offers a full suite of loan and deposit products and services for families and businesses throughout Rhode Island. With $1.7 billion in assets, BankNewport is one of the oldest community banks in the United States and, as a mutual organization, is committed to the financial success of its customers, employees and communities. BankNewport has 17 branch locations, with commercial lending offices in Cumberland and Providence. The Bank’s 18th branch is anticipated to open in Johnston, Rhode Island later this fall.
BankNewport business lines include OceanPoint Marine Lending, specializing in consumer marine and recreational vehicle financing programs, and OceanPoint Insurance, a Trusted Choice independent insurance agency, providing a broad range of property casualty insurance products, including financial services and marine related insurance products.