July 14, 2023

Guilford Savings Bank Charitable Fund

This is a field of interest fund to support scholarships for Guilford High School students; operational support for The Guilford Foundation; low-to-moderate income individuals and families; and Guilford community and regional needs specified by The Guilford Foundation.

On the heels of Guilford’s 375th birthday in 2014, Guilford Savings remains focused on ensuring a secure future for the Guilford community, which has been a top priority for GSB since the Bank’s founding in 1875.

In May 2009, GSB established the “Guilford Savings Bank Scholarship Fund,” a perpetual scholarship fund exclusively for Guilford High School seniors who would be furthering their education. The “Guilford Savings Bank Charitable Fund” sprouted from that original seed, and its purpose was expanded, allowing the fund to more broadly address the ongoing needs of the community.

This new fund will continue to support scholarships as well as low-to-moderate income individuals and families, the general needs of the local community and the operating needs of The Guilford Foundation.

“In order to build a solid future for Guilford and the surrounding communities, we must establish an investment now,” shared Charles Havrda, Chairman of the Board for GSB.

“It’s important that we not only donate to specific projects and events as they come, but that we also establish a fund that allows the foundation and the community to ensure it will flourish for years to come”, explained Timothy Geelan, incoming President & CEO.

“The fund established by GSB further solidifies our long-standing relationship,” noted Liza Petra, Executive Director for The Guilford Foundation. “It helps the foundation’s reach to grow while bettering our community in the process.”

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