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The Donald E. Garrant Foundation, Inc.

The Donald E. Garrant Foundation, Inc. was founded in 2001 in memory of Don Garrant, former President and Chief Executive Officer of The Savings Bank. Mr. Garrant served as President of The Savings Bank from 1980 to 1992.

The Garrant Foundation has issued awards totaling nearly $120,000.


To recognize Mr. Garrant’s passion for financial literacy, the Foundation seeks to support projects in the Public & Private Schools, Grades K-12, and Not-for-Profit Organizations, that focus on financial education – banking, money, saving, investing, borrowing and credit, and economics.

The Foundation has issued awards for purchases including:

  • Financial books for a High School Library
  • Financial books for a Middle School Library
    Books relating to saving, borrowing, receiving an allowance and other subjects for the six Wakefield Elementary School Libraries
  • Age-appropriate economics curriculum for use by the faculty at the six Elementary Schools
  • Books and games relating to banking and math for the Wakefield Special Education Department at the High School
  • Banking-related coloring books and piggy-banks for grades K-2
  • A three-volume set of books related to stocks, bonds, and mutual funds for five students participating in the “Stock Market Challenge.”
  • Accounting software and related textbooks for Lawrence High School Partners-in-Education

Contact Information
Donald E. Garrant Foundation, Inc.
357 Main Street | PO Box 30
Wakefield, MA 01880
(781) 224-5428
E-mail: (please note: Email is not secure)

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