In addition to its Charitable Foundation giving, the Institution for Savings annually distributes more than $15,000 to local area elementary schools through its Coins for a CAUSE (Coins Add Up to Support Education) initiative. Under this program, the public pays a 5% fee to use the coin machines in any Institution for Savings office. The Bank then donates 100% of fees collected each month to a different area elementary parent-teacher organization.
Public elementary schools in the following communities receive these funds: Amesbury, Newburyport, Salisbury, Rowley, Boxford, Middleton, Ipswich, Topsfield, Hamilton, South Hamilton, Wenham, Beverly, Salem, Gloucester and Rockport.
2023 Coins for a C.A.U.S.E. Schedule
Region 1
| Month | Recipient |
|---|---|
| January | Cashman Elementary School |
| February | Dr. John Page Elementary School |
| March |
Francis T. Bresnahan Elementary School
|
| April | Immaculate Conception School |
| May | Newbury Elementary School |
| June | River Valley Charter School |
| July |
Pine Grove Elementary School
|
| August |
Salisbury Elementary School
|
| September |
Amesbury Elementary School
|
| October | Cashman Elementary School |
| November | Dr. John Page Elementary School |
| December | Francis T. Bresnahan Elementary School |
Region 2
|
Month
|
Recipient |
|---|---|
| January | Steward Elementary School |
| February | Winthrop Elementary School |
| March | Fuller Meadow Elementary School |
| April | Howe Manning Elementary School |
| May | Harry Lee Cole Elementary School |
| June | Paul F. Doyon Memorial Elementary School |
| July | Proctor Elementary School |
| August | Spofford Pond Elementary School |
| September | Steward Elementary School |
| October | Winthrop Elementary School |
| November | Fuller Meadow Elementary School |
| December | Howe Manning Elementary School |
Region 3
| Month | Recipient |
|---|---|
| January | Plum Cove Elementary School |
| February | Rockport Elementary School |
| March | Veterans Memorial Elementary School |
| April | West Parish Elementary School |
| May | Cutler Elementary School |
| June | The Bessie Buker Elementary School |
| July | Winthrop Elementary School |
| August | Beeman Memorial Elementary School |
| September | East Gloucester Elementary School |
| October | Plum Cove Elementary School |
| November | Rockport Elementary School |
| December | Veterans Memorial Elementary School |
Region 4
| Month | Recipient |
|---|---|
| January | Carlton Innovation School |
| February | Centerville Elementary School |
| March | Cove Elementary School |
| April | Hannah Elementary School |
| May | North Beverly Elementary School |
| June | Saltonstall School |
| July | Witchcraft Heights Elementary School |
| August | Ayers Ryal Side Elementary School |
| September | Bates Elementary School |
| October | Carlton Innovation School |
| November | Centerville Elementary School |
| December | Cove Elementary School |
