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May 22, 2006
The Kennebunk Savings Foundation recently contributed $50,000 to the
Landing School of Boatbuilding and Design in Arundel to fulfill a
challenge grant issued in 2005 to the school’s Capital Campaign.
Established in 1978, the non-profit school draws students from
around the world because of its reputation in the field of marine
industry education. That reputation, its contribution to the local
economy, and both the prestige it brings to the Southern Maine area
as well as its dedication to the improvement of the marine services
industry made The Landing School a perfect candidate for the grant.
“The Landing School’s international reputation and that of its
graduates make it a destination for many students and marine
industry employers, and we’re pleased to be able to support them as
they look toward the future,” said Joel Stevens, Kennebunk Savings
Bank President and CEO.
“The grant was great because it was a challenge grant,” said The
Landing School President Barry Acker. “It gave us a certain amount
of time to develop matching grant funds. It was an effective
incentive, and we had it matched within weeks.” Acker said the funds
will be used for Phase Three of the school's current capital
campaign and will go toward the construction of a new building. That
new building will be constructed within the footprint of two
existing buildings and will provide space for expansion of the yacht
design program, a new composites program, classrooms, and the Center
for Continuing Education, as well as administrative offices and the
school's first full-size library. "We're breaking ground this
spring," he said, adding that the Kennebunk Savings Foundation's
grant, in conjunction with others, made the timing possible. For
More Information on The Landing School of Boatbuilding & Design
Contact: Barry Acker, 207-985-7976 or via email: barryacker@landingschool.edu.
Kennebunk Savings Bank, a past winner of the Maine Businesses for Social Responsibility Eagle Feather Award, is York County’s leading financial institution. A true community bank serving the Southern Maine community for more than 135 years, it distributes 10% of its earnings each year to non-profit and charitable organizations through Kennebunk Savings and the Kennebunk Savings Bank Foundation. By the end of 2006, the
Community Investment Program, begun in 1993, will have contributed a total of more than $5 million to charitable and non-profit organizations throughout York County through such initiatives as the annual customer ballot, the Starfish volunteer awards and other community grants. With twelve banking offices from Kennebunk to Kittery, Kennebunk Savings has retail and business banking products and services and also offers personal and commercial insurance through its subsidiary, Morris Insurance Services, Inc. In addition, Kennebunk Savings has a strong commitment to York County’s business community and has earned the Finance Authority of Maine (FAME)
Bank of the Year award three times and is a Small Business Administration (SBA)
Preferred Lender.
For more information contact:
Heather Harris
Community Relations Officer
Kennebunk Savings Bank
1-800-339-6573
Learn more about Kennebunk Savings Bank's Community
Investment Program. |
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