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Kennebunk Savings reaches $1 million in donations to local nonprofits in 2019

Kennebunk Savings ended 2019 with a record $1 million in donations to area nonprofits. The bank hit this momentous milestone back in December with a $25,000 donation to Kennebunk Elementary and helped the school move closer to breaking ground on their ambitious, inclusive playground project. 

“It’s our biggest donation to date,” said Anush Hansen, Kennebunk Elementary PTA member and committee volunteer. Planning started over a year ago, and when fundraising began, Kennebunk Savings was top of mind. “We knew they were committed to contributing to the community. The donation has really helped build more momentum, so we hope to get the playground built by this summer.”

The age-appropriate playground will support students, youth and families of all abilities from the community, and replace the current 16-year-old structure pieced together with often rusted parts from other schools. Extensive ramps, interconnected bridges, and a turnaround platform will improve accessibility for wheelchair-bound students and even adults who have difficulty climbing but want to play with children in their family.

“It is really exciting for us as an institution to be able to give over one million dollars to nonprofit organizations in our community this year,” said Bradford C. Paige, President and CEO of Kennebunk Savings. “To hit this milestone with a donation to the Kennebunk Elementary PTA is extra-special. This donation will help to create an all-ability playground that will not only benefit the elementary school but surrounding communities as well. The project embraces inclusiveness, builds community, and allows kids to be kids.”

Every year, Kennebunk Savings gives away 10% of after-tax profits through the Community Promise program.  In the program’s 25th year, it continued to build on a legacy that enhances communities and improves the quality of life for the people within them. Community Promise contributions for 2019 total $1,050,000, and continue to focus on organizations that support Health and Wellness, Community and Economic Advancement, Arts and Culture, Education and Innovation, Environment and Animal Welfare. Since its inception, nonprofit organizations across York County and seacoast New Hampshire have received more than $14 million from the Community Promise program, and Kennebunk Savings looks forward to continuing the tradition of giving into the next decade.