News: Front Section

Rockland Trust Charitable Foundation provides $90,000 grant to the YMCA of Greater Boston

Boston, MA Rockland Trust Charitable Foundation has presented a $90,000 multi-year grant to the YMCA of Greater Boston (the Y) to support the organization’s Teen Employment Program. This grant will provide meaningful work experiences for hundreds of local teens. The Y is the largest direct employer of teens during the summer through the city’s SuccessLink Youth Employment Program. 

In addition to the grant from the foundation, Rockland Trust has stepped up as the Y teens’ official financial literacy partner, creating and delivering financial education to the Y’s teen employees and youth taking part in the Y’s summer camps.

“At the Y, teens are critical to delivering so many of our services and they enrich the Y community everyday. Rockland Trust’s partnership, along with the city’s leadership in youth employment, allows us to provide important compensation, and the developmental support and life skills that will be game changers for these young leaders’ future journey,” said David Shapiro, CEO YMCA of Greater Boston. “We appreciate Rockland Trust’s vision, leadership and efforts in ensuring they learn valuable lessons in navigating personal finances.” 

At the end of August, Rockland Trust hosted a Credit for Life fair for 200 of the Y’s teen employees. At the event, Rockland Trust colleagues helped teenagers navigate important financial decisions in an immersive experience designed around real-life budgeting and money management skills. The knowledge gained from the experience helped participants envision their future goals and start to think about important financial considerations they will face along the way.

“This partnership directly aligns with our Foundation’s priorities to support financial literacy and workforce development in our communities,” said Andrea Borowiecki, vice president of charitable giving & community engagement at Rockland Trust and executive director of the Rockland Trust Charitable Foundation. “We are proud to partner with the Y, one of the area’s largest non-profits, to invest in the next generation. Our colleagues look forward to continuing to build meaningful relationships with the Y’s teen employees to help them make the most of their summer employment and work toward a bright and successful financial future.”

It is estimated this summer that one out of every three teens in Boston will benefit from the Y. Many of the teen employees work at the Y’s summer camps helping more than 2,000 children each summer. Other employment opportunities include working at the Y’s food warehouse in East Boston, the welcome centers at any of the locations, lifeguarding, or assisting in the fundraising or human resources departments.

MORE FROM Front Section
Front Section

McEvoy of The Conrad Group brokers $2.9 million sale of industrial building

Hingham, MA The Conrad Group  has brokered the sale of 55 Research Rd., South Shore Park. The property consists of a 20,340 s/f single story manufacturing building on two acres of land.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Newmark negotiates sale of  10 Liberty Sq. and 12 Post Office Sq.

Newmark negotiates sale of 10 Liberty Sq. and 12 Post Office Sq.

Boston, MA Newmark has completed the sale of 10 Liberty Sq. and 12 Post Office Sq. Newmark co-head of U.S. Capital Markets Robert Griffin and Boston Capital Markets executive vice chairman Edward Maher, vice chairman Matthew Pullen, executive managing director James Tribble,
It’s time to get creative with closed college campuses - by Christian Koulichkov

It’s time to get creative with closed college campuses - by Christian Koulichkov

Facing higher costs, shrinking enrollments, reduced state funding and severe demographic headwinds, many colleges and universities in New England and the Northeast are fighting for survival. The latest to lose the battle is the 150 + year old University of the Arts in
5 Questions to ask when  choosing a real estate broker - by Elizabeth Perez Barlett

5 Questions to ask when choosing a real estate broker - by Elizabeth Perez Barlett

>They say, “April showers bring May flowers,” but this season may bring more movement in the housing market as springtime is one of the most popular times for home buying and selling. Although spring is one of the strongest seasons for the residential market, it may not be all rosebuds and butterflies if you don’t have the right advisors.
Investing in a falling rate environment - by Harrison Klein

Investing in a falling rate environment - by Harrison Klein

Long-term interest rates have fallen by 100 basis points, and the market is normalizing. In December of 2022 I wrote an article about investing in a high interest rate, high inflation market. Since then, inflation has cooled off, and the Fed has begun lowering their funds rate.