Basic Needs

May 14, 2013

Guilford Savings Bank Charitable Fund

This is a field of interest fund with a focus on scholarships as addressing other ongoing or emerging community needs.

On the heels of Guilford’s 375th birthday in 2014, Guilford Savings remains focused on ensuring a secure future for the Guilford community, 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 address the ongoing needs of the community more broadly.

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.

“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 also establish a fund that allows the foundation and the community to ensure it will flourish for years to come,” explained Timothy Geelan, former 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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