Jewett City Savings Bank announced donations totaling $130,000 were made to local nonprofit organizations in support of energy conservation projects.
- St. Vincent de Paul Place Norwich, Inc. received $57,284.30 towards energy upgrades to the HVAC system in their facility on Cliff Street in Norwich.
- Lisbon Historical Society, Inc. received $51,325.70 to support energy upgrades to Burnham Tavern on historic Route 169.
- Connecticut Audubon Society received $21,390.00 as part of energy conservation modifications to the Pomfret facility.
“At Jewett City Savings Bank, we are committed to empowering our neighbors through continued support of energy efficiency and conservation projects,” said Michael Alberts, President and CEO of Jewett City Savings Bank.
These donations were made possible through the Bank’s participation in the Connecticut Neighborhood Assistance Act (NAA) Tax Credit Program which allows certain organizations in Connecticut to make monetary contributions to municipal and tax-exempt entities for community programs, such as energy conservation projects, that have been approved by the Department of Revenue Services (DRS). In return for their contributions, these organizations may receive a business tax credit if approved by the DRS. By engaging in the NAA Tax Credit Program, organizations can direct their tax dollars to support important projects and initiatives in their communities.
