SBMCF announces 2013 scholars

August 9, 2013 -



Manchester, CT  (August 5, 2013)…The SBM Charitable Foundation, Inc. awarded 116

college scholarships totaling $187,400.00 at its annual Scholarship Reception held

June 11, 2013.  Thirty two recipients are new award winners and 84 represent

scholarship renewals, with thirteen of the students attending graduate schools.

The students, who reside in 39 central Connecticut cities and towns, will be enrolled

in nineteen Connecticut colleges and universities.


The SBM Scholarship Program began in 1996 and is available to students who

will be attending accredited colleges and universities in Connecticut and who live in

the market area originally served by the former Savings Bank of Manchester. A long

as the student meets the Foundation’s eligibility requirements, scholarships are

 renewable each year of a student’s college and graduate school career. Between

2004 and 2013, the Foundation has awarded $1,646,850 in scholarships for 779



In addressing the recipients who gathered for the award ceremony at the Elks

Club in Manchester, Chairman of the Board Laurence Rubinow remarked,

 “Education is one of the most important foundations for not only a free society but

also for the preservation of rights and freedoms, the cornerstone of our democracy.

All of you, because of your hard work, perseverance and intelligence, have earned

scholarships to college and graduate school. Your education will clear the paths for

 your laudable pursuits. On behalf of the staff and Board of Trustees of the SBM

 Charitable Foundation, we are very proud of you and wish you great success.”


The SBM Charitable Foundation, Inc. was founded in 2000 by Connecticut

Bancshares, Inc., the parent company of the former Savings Bank of Manchester. The

Foundation’s mission, perpetuating the vision of the former Bank, is committed to

bettering the lives of those who live and work predominantly east of the Connecticut

River in Hartford, Tolland and Windham Counties. Priority categories for funding

include health, human services, education, housing and the arts. Since its inception

the Foundation’s philanthropy has reached nearly $19.9 million in total grants and

scholarships. The SBM Charitable Foundation is located at 935 Main Street in

downtown Manchester. For more information, visit the website at .