PORTLAND, Maine - A Portland-based foundation is giving $750,000 to the Maine Centers for Women, Work and Community to help low-income residents become financially stable.
The John T. Gorman Foundation announced the grants Wednesday at the University of Southern Maine's Lewiston-Auburn College. The foundation says the money will be used to help 1,000 low-income residents and families learn ways to save money, financial literacy and ways to take advantage of tax refunds.
The foundation is dispersing the grant over three years. Maine Centers for Women will issue mini-grants to CA$H Maine Coalition sites as part of the initiative. CA$H Maine is a group that works with low- and moderate-income Maine residents.