MutualOne Charitable Foundation Grant Helps Elder Homeowners

The MutualOne Charitable Foundation awarded a $5,000 grant to Homeowner Options for Massachusetts Elders (H.O.M.E.),  said Foundation Chair Robert P. Lamprey in a press release.

The organization’s mission is to counsel elder homeowners who are dealing with insufficient income to cope with basic living and housing costs.

The grant will be used to assist needy elders, especially single women, who are facing displacement threats, property foreclosure, severe credit card debt, expensive in-home care and extensive home repairs.

“H.O.M.E. is very impressed by the leadership demonstrated by MutualOne as a true community institution that is responsive to its varied populations, and especially those elders in the community who have given us so much and who are now themselves in need of our vital support,” said Executive Director Len Raymond.

The $5,000 grant to H.O.M.E. was among awards totaling $45,000 made by the Foundation in its most recent round of funding. 

The MutualOne Charitable Foundation is a continuation of the Framingham Co-operative Bank Charitable Foundation following the 2012 merger of Framingham Co-operative Bank and Natick Federal Savings Bank.

Since it was originally established in 1998, the Foundation has donated over $2.3 million to charitable, educational, and civic initiatives that improve and enhance the quality of life in Framingham, Natick, and surrounding communities.