Thursday, August 5, 2010

Institution for Savings Charitable Foundation Pledges $50,000 to ROOF

Newburyport, MA – The Institution for Savings, through its Charitable Foundation, has pledged $50,000 to Roof Over Head Collaborative (ROOF) to support ROOF's pioneering work of providing transitional housing to homeless families, announced Institution for Savings President Michael J. Jones today.

ROOF was founded in fall 2009 to address homelessness in the Amesbury, Newburyport, and Salisbury area. A tax-exempt nonprofit, ROOF collaborates with local social service organizations that work with the homeless populations in the Amesbury, Newburyport, and Salisbury area. ROOF conducts fundraising to acquire property, which will then be managed by a collaborating agency. ROOF's objective is to help homeless families live with dignity, gain stability, and move on with their lives.

“The mission of our Charitable Foundation is simple: to put our money into the hands of those in our communities who need it most,” said Mr. Jones in making the announcement. “We are fortunate to have this organization to provide such an important and needed service within our communities, and pleased that we can assist them in this way.”

"We are grateful to the Institution for Savings in helping us on the path to providing transitional housing for homeless children and their families," said ROOF Chairperson Norma Beit in announcing the grant. "The Institution for Savings Charitable Foundation's support solidifies the resolve of the many local people who have donated money, time, and talent during the past few months. ROOF is committed to impacting the lives of local homeless people, especially children, who are so traumatically impacted by homelessness."