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Belmont Savings Bank Foundation Makes $100,000 Matching Grant to Veterans Memorial

Posted on October 18th, 2017 at 2:22 PM

BELMONT, MA – October 18, 2017 – Belmont Savings Bank Foundation, an organization focused on supporting nonprofit groups in Belmont Savings’ footprint, recently announced that it is making a $100,000 matching grant to the Belmont Veterans Memorial Committee to help restore and enhance the Veterans Memorial at Clay Pit Pond.

The foundation’s leadership gift is expected to anchor the fundraising and inspire other donors.

“We were inspired by the vision and passion of the Belmont Veterans Memorial Committee,” said Robert Morrissey, Chairman of the Belmont Savings Bank Foundation Board. “This is a project that brings together the entire Belmont community to honor our veterans and to create a unique and special place in town. As a community bank, we are committed to the Belmont community, and we are excited to play a role in making it happen.”

The new memorial will restore the historical wall to its original condition, and new memorial stones will honor the contributions of Belmont veterans in each individual military conflict since the town’s founding in 1859. It will also be a focal point along the soon-to-be-built Intergenerational Walking Path around Clay Pit Pond, with benches for quiet rest and contemplation.

“This is a very big deal for Belmont’s veterans and our community, and we are tremendously grateful to Belmont Savings Bank for their strong leadership,” said Angelo Firenze, chair of the Belmont Veterans Memorial Committee and a former Belmont Selectman.

The Belmont Savings Bank Foundation’s current $100,000 fundraising challenge comes with a December 31 deadline, which should allow construction to be completed in time for Veterans Day, 2018.

Online donations can be made at www.belmontvets.com, or check donations can be made to Belmont Veterans Memorial Committee, PO Box 79024, Belmont, MA 02479, or email belmontvetsemail@gmail.com for more information.

About Belmont Savings Bank Foundation

The mission of the Foundation is to provide financial support to organizations in the communities served by Belmont Savings Bank, particularly those committed towards education, health and human services, youth programs, and affordable housing. For more information, please follow the Foundation at: https://www.facebook.com/belmontsavingsbankfoundation.

 
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