(Wakefield, MA) – The Donald E Garrant Foundation, Inc. of The Savings Bank (TSB) has awarded a $10,000 financial literacy grant to of Breaktime United, Inc. of Boston. Breaktime will use the grant to strengthen financial engagement among young adults by offering essential money management support.
“The Financial Resources Program offered to young adults aligns with the mission of both The Bank and Donald E. Garrant Foundation to advance financial education programs, especially those who face housing insecurities” Raichelle L. Kallery, TSB President and Chief Executive Officer and Donald E. Garrant Foundation director said. “We are happy to award this grant to assist Breaktime in providing the financial education opportunities that will lead to lifelong stability.”
Established in 2001, the Donald E Garrant Foundation, Inc. of The Savings Bank supports projects that focus on financial education: banking, money, saving, investing, borrowing, credit, and economics. The foundation was created in memory of Donald E. Garrant, who served as President and CEO of The Savings Bank from 1980 until 1992. Since its inception, the Garrant Foundation has awarded more than $352,000to fund local financial literacy programming.
