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PUTNAM — Thomas A. Borner, president of the former Putnam Bank Foundation, announced a name change effectiveof the Foundation to Putnam Area Foundation. And the foundation also announced two pledges.
Borner said the charitable organization foundation was originally organized as a private foundation in 1999 when the then-Putnam Savings Bank. It is now fully independent of the former bank.
The primary areas of investing in the communities are related to education, health and human services, art, cultural and youth programs. Grant applications and requests will be considered on a semi-annual basis and may be obtained by contacting Thomas A. Borner, P.O. Box 166 Putnam, CT 06260.
In its initial meeting under the new name, Putnam Area Foundation agreed to make a $5,000 pledge to the Pomfret Library Building Campaign. In addition the foundation is pledging $30,100 to the Hale Family Youth and Family Center for a swim scoreboard. The grant application reflects that the addition of the scoreboard will open the facility to host more school swim teams and meets and enable the Hale YMCA to become USA Swimming Certified.
Borner said: “We are pleased to be in a position to provide meaningful support, now and for years to come, to organizations that help make northeastern Connecticut such a great place to work and live”.
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