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SSSB Charitable Foundation

The South Shore Savings Charitable Foundation was created by South Shore Savings Bank in 1997 for the support and benefit of community, charitable, educational, and other benevolent organizations.

Mission

The mission of the Foundation is to reinforce, encourage, and support the Bank’s ongoing commitment to the well-being of the communities it serves. The Foundation allocates its resources specifically for the advantage of the community at large, including education and social human services endeavors.

 

Grants

The South Shore Savings Charitable Foundation’s financial grants and monetary gifts support non-profit organizations whose work benefits the population of those communities in which the Bank has a major presence. Grants will be made for existing program support, general support, special projects, and/or start-up endeavors covering a variety of issues impacting the community.

 

How to Apply for a Financial Grant 

Requests for funding should meet the guidelines described above. Proposals should include the following elements:

 

  • Cover Letter
    Introduce your organization and your proposal.
  • Grant Application

    Click here for a Grant Application.

    Please print the form, fill out, and mail back to:
    South Shore Savings Charitable Foundation
    1530 Main Street, South Weymouth, MA 02190
  • Program Overview
    Describe goals, constituents, community needs to be met, and projected outcomes.
  • IRS tax determination letter indicating 501(c)(3) status
  • Financial information
    • Income and expense budget for the specific program
    • Most recent year-end financial statements or audit
    • Sources and amounts of funding required, solicited, and received to date.

The funding decision may take up to four weeks to complete. Applicants will be notified of their proposal outcome by mail.

South Shore Savings Charitable Foundation, Inc.

Officers

John C. Boucher, President
Nobo K. Sircar, Vice President
Kimberly Stoyle, Treasurer & Clerk

 

Directors

John C. Boucher
Christopher R. Dunn
Rosemarie McGillicuddy
Peter F. McGowan
Arthur H. Sharp
Nobo K. Sircar
Pamela J. O'Leary

 

  
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Your Deposits are Insured in Full
All deposits at South Shore Savings Bank are insured in full. Each depositor is insured by Federal Deposit Insurance Corporation (FDIC) to at least $250,000. All deposits above the FDIC insurance amount are insured by Depositors Insurance Fund (DIF).

"NOTICE OF CHANGES IN TEMPORARY FDIC INSURANCE COVERAGE FOR TRANSACTION ACCOUNTS
All funds in a "noninterest-bearing transaction account" are insured in full by the Federal Deposit Insurance Corporation from December 31, 2010, through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to depositors under the FDIC's general deposit insurance rules.

The term "noninterest-bearing transaction account" includes a traditional checking account or demand deposit account on which the insured depository institution pays no interest.  It also includes interest on Lawyers Trust Accounts (“IOLTAs”). It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts, and money-market deposit accounts.

For more information about FDIC insurance coverage of transaction accounts, visit www.fdic.gov.