Eastern Bank presents $100,000 'Community Quarterback' award
Citing outstanding community leadership, the Eastern Bank Charitable Foundation this week announced a $100,000 grant to Salem State University. The grant was announced during the bank’s “Community Quarterback” ceremony at Cambridge College.
Salem State is one of 98 Massachusetts non-profit organizations across the state to receive a Community Quarterback award presented by former NFL quarterback and Eastern Bank spokesperson Doug Flutie.
“The support of Eastern Bank comes at a critical time as the university is focusing its energy on building our academic programs to better serve today’s students,” noted foundation executive director Cynthia McGurren, “it is imperative that we ensure our students are prepared to meet the demands of tomorrow’s workforce by providing a rich liberal arts education to ensure career readiness.” She also noted that “philanthropic support such as this is an essential ingredient to reach our ambitious goals.”
The Salem State University Foundation is actively supporting the university’s goals by cultivating and securing donor support to develop internships/career services and student life programs, financial assistance, faculty research and endowed chairs, accreditation of growing academic programs and seed money for new programs.
“Eastern Bank is pleased to continue its partnership with Salem State and support the school’s important mission to provide a rich and affordable education to those in our local communities,” said Richard E. Holbrook, Eastern Bank’s chairman and CEO. “Many of our employees, and thousands more in the communities we serve, have benefited from the education they received at Salem State.”
The Salem State University Foundation, incorporated in 1977 as a 501 (c) (3) private, not-for-profit organization, invests and manages these contributions to meet the needs of the Salem State community not met through public funding.
Salem State University, established in 1854, is a comprehensive, public institution of higher learning located approximately 15 miles north of Boston, Massachusetts. The university enrolls over 10,000 undergraduate and graduate students representing 44 states and 61 nations, and is one of the largest state universities in the Commonwealth of Massachusetts.