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MassMutual Foundation Honors Dedication of Financial Professionals With $275,000 in Grants to Nonprofit Organizations Again In 2021

·2 min read

SPRINGFIELD, Mass., July 21, 2021--(BUSINESS WIRE)--The MassMutual Foundation has awarded $275,000 to eligible nonprofit organizations through its annual Community Service Awards (CSA) program. These charitable contributions – which include two $25,000 awards, fifteen $10,000 awards, and fifteen $5,000 awards – are given in honor of financial professionals who demonstrate outstanding commitment to nonprofit organizations in their local communities.

"In 2020, participating financial professionals in our CSA program donated nearly 12,000 hours of service to nonprofit organizations across the country," said Dennis Duquette, president of the MassMutual Foundation. "We are proud to recognize these individuals who are making a difference in their communities and demonstrating what it means to live mutual through their volunteer efforts and dedication to the causes they support."

This year’s two $25,000 CSA grants are being awarded to YMCA of North Shore in honor of Gregory Meahl with BayState Financial and Cost of Freedom Inc. in honor of Deanna Filosa with Charter Oak Financial. The YMCA of North Shore works to strengthen communities and educate as well as nurture children, while promoting healthy living in spirit, mind, and body. Cost of Freedom’s mission is to show appreciation and offer encouragement to our Servicemen and Servicewomen returning from combat.

Additional CSA grants have been awarded to the following nonprofit organizations on behalf of the referenced financial professionals:

Since the program’s inception nearly 25 years ago, more than 300 grants totaling more than $3 million have been donated to nonprofit organizations through the Community Service Awards program. The CSA program is just one of a variety of philanthropic programs sponsored by the MassMutual Foundation in support of nonprofit organizations that operate where financial professionals affiliated with MassMutual live and work.

About the MassMutual Foundation

The MassMutual Foundation, Inc. is a dedicated corporate foundation established by Massachusetts Mutual Life Insurance Company (MassMutual). The MassMutual Foundation activates connections and untapped opportunities within communities, so that all families can build their financial capability and thrive. In support of this mission, the Foundation develops partnerships and provides grants in support of our signature programs. The Foundation also supports anchor institutions in the communities where MassMutual operates.

To learn more about the MassMutual Foundation please visit https://www.massmutual.com/about-us/corporate-responsibility/foundation.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210721005050/en/

Contacts

Paula Tremblay
ptremblay@massmutual.com