HCSB announces $45K in financial awards
WEIRTON — The Hancock County Savings Bank Charitable Foundation announced $45,000 in financial awards recently to benefit 26 area community projects.
The announcements were made in the bank’s Weirton office on Three Springs Drive.
“Hancock County Savings Bank has a mission of giving back to the community,” Cathy Ferrari, bank president and CEO and chair of the foundation’s board of directors, said.
The foundation received applications for 43 projects, with a value of $219,000. All applicants are located within the bank’s service area, which includes portions of West Virginia, Ohio and Pennsylvania.
“The worthwhile and dedicated work accomplished in our communities by so many individuals and organizations is indeed impressive and humbling,” Ferrari said. “The projects outlines in the applications we received are a testament to the commitment, to the compassion, and to the impressive achievements of these groups.”
Those awarded funds from the foundation Tuesday included A.T. Allison Elementary School; Beaver United Methodist Preschool; Big Brothers Big Sisters of Beaver County; Boy Scouts of America Venture Crew No. 777; Brooke Hancock Family Resource Network; Coleman Professional Services; Dunbar Recreation Center; Big Brothers Big Sisters of Jefferson County; Follansbee Middle School; Friends of Brooke Hills Park; Greater Weirton Senior Citizens Center; Habitat for Humanity Beaver County; Hancock Brooke Ohio Counties Victims Assistance Program; Hancock County 4-H Foundation Energy Express; Museum of Ceramics Foundation; Glendale Nazarene Church Food Pantry; Oak Glen Middle School Culture Club; Restoration of Weirton Nativity Set Fund; Rotary Club of Beaver; Team MOJO Foundation; the Salvation Army Steubenville; the Salvation Army Weirton; United Church Social Services Union; Weirton Christian Center; and Youth Services System.
“All the money is going to outstanding projects,” Ferrari said. “Every organization is making a positive impact on their community.”
Foundation awards generally are used as seed money for startup costs of new programs, human services or educational programs, capital and equipment needs, matching grants and one-time grants for programs not requiring refunding.
Funding is primarily derived from contributions available through investments by the bank.
Since its inception 17 years ago, the foundation was awarded a total of $700,645 to more than 100 local service and support organizations.
In addition to Ferrari, the foundation’s volunteer board of directors includes President Steve Cooper, Treasurer Alicia Davis, Secretary Anthony Bernardi, George Ash, Romie Castelli, Cheryl Schreiber, Marvin Six, Doug Comm and Drew Cooper.