The Claus’ are Coming to Belmont Tonight to Turn on the Town

Santa and Mrs. Claus are visiting Belmont Center tonight as the main attraction of the 24th annual Belmont Center Business Association’s “Turn on the Town” celebration taking place Thursday, Dec. 4 beginning at 6 p.m.

The Claus’ will arrive via Belmont Fire Department truck to the town’s Christmas Tree located adjacent to the Bellmont Cafe at 6:20 p.m. and then head over to the Belmont Savings Bank headquarters on Leonard Street where children (and some adults and pets) can have free photos taken with Jolly Ol’ St. Nick from 6:30 p.m. to 8 p.m. While inside, enter to win one of five Holiday Prize Stockings stuffed with goodies.

Celebrate the season of giving and bring non-perishable food items or unwrapped toys to be donated to the Belmont Food Pantry.

There will be stuff happening throughout the Center:

  • Face painting at The Toy Store of Belmont.
  • Cupcake decorating at Champions Sporting Goods.
  • Charity Central at il Casale sponsored by Hammond Residential.
  • Hot cocoa at Belmont Savings Bank & Hammond Realty.
  • The Powers Music School will be performing at Chocolate Dream at 6:30 p.m. with the Vanezia Dance Group at 7:15 p.m.
  • The Belmont High School Madrigals will be caroling everywhere.
  • Frosty and Rudolph will be greetings the tall and small throughout the streets.
  • Hot fried dough at Stonehearth Pizza, sponsored by Coldwell Banker.
  • Glow bracelets will be given out inside Belmont Savings Bank.
  • A balloon artist is sponsored by East Boston Savings Bank.

While at the bank, residents can purchase tickets for next week’s Holly Jolly Trolley tours.

See you there.

Belmont Savings’ Pilgrim Bob Deposited Turkeys at Local Branches

Photo: Belmont Savings’ CEO and “Pilgrim” Bob Mahoney presenting a turkey to Pam Karalis, Belmont Center Branch Manager, on Monday, Nov. 24. 

I guess the turkey costume was just a bit encumbering.

This year, Belmont Savings Bank President and CEO Bob Mahoney took his annual in-holiday-costume Thanksgiving tour of the bank’s branches in Belmont, Waltham, Watertown, Cambridge and Newton as a Plymouth Pilgrim as he delivered turkeys to employees for the holiday.

This year the bank partnered with the “Turkey Brigade,” a sub-committee of Thom Child & Family Services in Waltham. The Turkey Brigade will be receiving 20 turkeys donated from our Bank colleagues and our grocery store partners at Star Market/Shaws, providing Thanksgiving meals to families in need.

Wintery Blast Off to Official Groundbreaking of New Underwood Pool

The juxtaposition at the official groundbreaking for the new Underwood Pool was as glaring as the brilliant morning sunshine on Friday, Nov. 21.

Residents, business leaders and town official attended the ceremony heralding the building an outdoor summer time pool complex wrapped in parkas and scarfs while wearing gloves, boots and hats to brave one of the coldest days since last March.

Yet the cold, blustery conditions – it took several fire department personnel to keep the large American flag hoisted from the town’s ladder truck from blowing away – did not place a damper on the enthusiasm of the celebration.

“The pool is dead; long live the pool,” said Adam Dash, vice chair of the Underwood Pool Building Committee before the open pit where the century old pool once sat. If all goes to plan – the weather will determine when opening day will occur – the area will be teeming with residents using two brand-new pools this coming summer.

“Thank you all for coming here to witness this historic event; the first time in a 102 years that we’ve had a ground breaking for an Underwood Pool in the town,” said Dash

The history of the new pool complex replacing the historic facility built in 1912 is well known, beginning two years ago through the urging from Peter Castinino, the retiring director of the town’s Department of Public Works, funded via a Community Preservation Act funds, Town Meeting funding and a debt exclusion in April 2014, the sudden need to raise $400,000 after a contractor abandoned the project which was successful in October due in large part to the generosity of the Belmont Savings Bank Foundation which donated $200,000 and the work of building committee member Ellen Schreiber.

“Things like this don’t happen too often so this is a real Red Letter Day for the town of Belmont,” said Robert Mahoney, president and CEO of Belmont Savings.

“This will always be the Underwood Pool but I think this  is the People’s Pool. More than 450 families contributed to our matching grant to make this happen, from as small as $10 to $25,000. It’s a people’s effort and I’d like to congratulate all of us to make this happen,” said Mahoney.

Helen Baker, a descendant of the Underwood family that deeded to the town the land which the pool was located, thanked the bank’s “generous gift” and the other donations making the project possible.

In addition to the Underwood relatives, the town recognized DPW workers who “worked tirelessly to make sure the pool opened each season even after it exceeded its useful life,” said Belmont Board of Selectmen Chair Andy Rojas.

Finally, with wind chill temps in the mid-teens, the officials and residents who worked to make the project a reality took shovels in hand to “break ground” at the site.

Hopefully, the wardrobe for the pool’s ribbon cutting will be strictly summer attire.

Belmont Savings Records Quarterly Earning Record Despite Down Industry News

Don’t tell Belmont Savings Bank you can’t make money taking in deposits and selling loans

Bucking a downward trend affecting the US financial sector where many banks are struggling with sluggish loan growth, BSB Bancorp, the holding company of Belmont Savings Bank, announced record quarterly earnings yesterday, Thursday, Oct. 23, as the Belmont-based state chartered savings bank doubled its net income compared to the same three-month period last year.

The bank, headquartered on Leonard Street in Belmont Center, saw net income in the third quarter of 2014 – in July, August and September – reach $1.2 million with an emphasis on commercial real estate lending and municipal banking. In the first nine months of 2014, the bank reported net income of $2.9 million as compared with $1.3 million in the first three quarters of 2013. 

Since the beginning of the year, the bank’s assets have grown by $281 million to total $1.3 billion on Sept. 30, nearly doubling the size of the bank from $688 million in June 2011 when Belmont Savings went public.

“I am so proud of the work of each of our colleagues. Few teams could accomplish this level of growth while maintaining credit quality and expense control,” said Robert Mahoney, the bank’s CEO and president, in a press release.

Belmont Savings’ stock price (BMLT), $18.40 a share at Friday, Oct. 24 at 1 p.m., is just off its 52 week high of $18.71.

Deposits totaled $931 million, an increase of $168 million or 22 percent from $764.8 million at Dec. 31, 2013. The 33 percent annual growth in deposits in the second quarter of the year, is nearly triple the growth rate of the other 58 Massachusetts banks and double the 17 percent growth among its peers with assets between $925 million to $1.4 billion.

 “We are very pleased that core deposit growth has remained strong. Customer counts and relationship expansion continue to increase in our retail and small business franchises,” said Hal Tovin, the bank’s executive vice president and COO.

But it’s in lending where the bank continues to take big strides. Since the beginning of the year, net loan growth increased by $255 million, up 30 percent. Residential one-to-four family loans, commercial real estate loans, home equity lines of credit, and indirect auto loans increased by $120 million, $63 million, $32 million and $23 million, respectively.

While the bank continues to churn out commercial and business loans – one example being a $18 million loan for Fresh Pond Circle, a 40 unit modular apartment complex in Cambridge – its portfolio is ranked first in lending safety with less than a quarter of one percent (.23 percent) of loans are non-performing. Statewide, the rate is 1.01 percent.

The bank’s lending activity was honored by winning the Best Commercial Real Estate Lending category in Banker & Tradesman’s Best of 2014 issue.

The bank is also increasing its community outreach. Since its creation as a result of the IPO (when it was initially infused with $2 million), the Belmont Savings Bank Foundation has given more than $400,000 to approximately 40 non-profits and educational institutions in Belmont, Watertown, Waltham, Newton and Cambridge. Last month, the foundation  provided a $200,000 matching grant that helped secure the contraction of the new Underwood Pool in Belmont.

Belmont Savings Named Best Commercial RE Lender by Peers

In 2010, the new leadership at Belmont Savings Bank – a small lender with $650 million in assets without much of a business presence in the area – made a decision that the institution’s future would be tied to lending. As larger regional and national banks tightened requirements or simply ignored the mid-sized borrower, Belmont Savings would fill the void by being, as CEO and President Robert “Bob” Mahoney said at the time, “the most admired bank in the Metro West.”

One of those lending area would be commercial real estate; from office space, retail sites and multi-unit housing. In 2011, the bank loaned $9.1 million in construction financing for a 37-unit apartment project, 7 Cameron, in Davis Square, Cambridge. While far from the biggest loan made that year, the bank was willing to work hard to complete the deal.

“[The bank] was a pleasure to work with,” says developer Paul Ognibene, president of Urban Spaces.

“They really took a sensible business approach to the loan,” he said, putting in language in the loan to enable the owner to convert the units to condominiums if the market switch in that favor.

Since then, the bank continues making loans – from a $1.6 million mortgage for a small multi-family on Columbus Avenue in Boston to making a $35 million loan on three office buildings in Waltham – seeing lending growth increase in double digits each year as the bank has doubled in size in less than five years.

That commitment to this core business resulted in the Belmont-based bank winning the “Best Commercial Real Estate Lending” category in Banker & Tradesman’s “Best of 2014” poll.

Banker & Tradesman, New England’s leading real estate and lending business publication, asked leading lenders and real estate pros to choose the best service providers to the real estate and industrial sectors in Massachusetts.

“It is a privilege to be recognized by Banker and Tradesman as their rankings underscore the immense strides we have made in our commercial lending services,” said Mahoney.

“The Best of 2014 distinctions are a clear signal that Massachusetts real estate companies prefer the personalized service offered by Belmont Savings over even some of the nation’s largest financial institutions.”

Earlier this year, Mahoney was honored by the Boston Business Journal as a “most-admired CEO,” an award voted on by BBJ readers in an online poll. The bank has also had recent success increasing its assets twofold over the past three years to $1.2 billion dollars and opening three new in-store branches in Shaw’s supermarkets.

Belmont Savings Bank is a $1.2 billion, full-service Massachusetts savings bank dedicated to quality, convenience and personalized service.

Saving Underwood: How a Big Push and Small Donations Preserved a Belmont Amenity

On a sunny autumn afternoon this week, a mom and a banker proudly stood before a fundraising message on a sandwich board to complete a small community miracle.

Sandrick Road’s Ellen Schreiber (the mom) and Robert “Bob” Mahoney (the banker) met in front of the Belmont Savings Bank in Belmont Center on Wednesday, Oct. 8, to place a final sticker to the chart showing the level of support for a fundraising appeal to build the new Underwood Pool.

“We Did It!” read the sticker.

In less than four weeks, the persistence of a master fundraiser and the welcomed kick-off contribution from the home-town bank resulted in $400,000 being raised from residents and businesses to allow a well-loved town amenity to continue at the corner of Concord Avenue and Cottage Street.

It wasn’t all that long ago when, for a few days in late August, it appeared the future of Belmont’s new Underwood Pool was far from certain.

After Woburn-based Seaver Construction withdrew its $3.8 million offer on Aug. 28 to construct the $4.16 million new two pool complex on the site of the historic 102-year-old “swimming pond,” the Underwood Pool Building Committee – the public group that coordinated the new facility’s final design and its detailed budget – was faced with one of two prospects to save the project.

One was to find an extra $400,000 in less than a month (the town was required to select a winning bid on Sept. 26) to match the $4.55 million offer from new low bidder, New England Builders and Contractors, Inc.,

The other, take its chances and resubmit the design to bid with the outside chance a contractor would take on the job at or below budget.

If a solution could not be found, it was likely the pool’s design would need to be greatly altered, or the entire process scrapped, a situation Committee President Anne Paulsen described as “grim news.”

The only certainty was that there wouldn’t be a summer swimming season at the Underwood for the first time since 1912. By the first week of September, the new Underwood Pool – which Town Meeting members and residents voted to support with $5.2 million in public funds – appeared to be hanging on a thread.

In the end, the committee decided to toss the dice and see if it could raise the nearly $400,000 in just under four weeks.

A pair of fortunate choices

As the project’s fate appeared sketchy, two fortunate decisions were made that would change the pool’s destiny. The first was selecting Schreiber to lead the fundraising task.

After a career as a software engineer, Schreiber was co-founder of the Boston Children’s Chorus, campaign manager for State Senator Will Brownsberger, and is now the finance director for a non-profit organization. Schreiber is best known around these parts as being the driving force with Diane Miller in rebuilding Joey’s Park adjacent to the Winn Brook School, raising more than $450,000 and recruiting more than 2,000 volunteers for a nine-day community build.

If you’re looking to get something done, Schreiber will be a good person to head it.

“Ellen is the perfect person for the job,” said Paulsen.

But even for someone who is accustomed to cultivating funds, the initial time limit and amount required was a challenge, said Schreiber.

“It was a lot of money to raise and we had a very short deadline. It was very intimidating, at first,” she said.

Schreiber and the committee caught a break early on when New England Builders agreed to keep its $4.55 million bid open for an additional month, until Oct. 30, providing some breathing room needed to raise the money.

The next fortunate decision was who Schreiber decided to visit first. Following the advice of Willie Sutton, Schreiber headed to where they keep the money. In Belmont, that’s 2 Leonard St., to talk to the man in charge of Belmont’s oldest and one of its largest institutions.

Since becoming President and CEO in June 2010, Bob Mahoney has transformed Belmont Savings Bank from a sleepy depositors-owned institution to a growing stock-issuing regional institution, doubling its asset size to $1.2 billion while expanding its retail operations into three nearby communities through its Star/Shaw’s supermarket branches.

Mahoney had read news reports about the pool committee losing its low bidder and the predicament it and the town found itself.

“I started thinking about it and even sent a note to the town’s Treasurer [Floyd Carman] with some ideas to bridge the gap,” said Mahoney.

Then in a moment of Kismet, Schreiber called Mahoney the next day.

“She said they were trying to pass the hat to raise $400,000, and she wanted to come over and talk to me,” Mahoney recalled.

In another coincidence, the board of the bank’s community and charitable entity, the Belmont Savings Bank Foundation, was meeting the next morning. When he brought up his conversation with Schreiber and the position the town was facing, many on the board began recalling their memories of visiting the pool. A senior member told how his father, who was a lifeguard, and mother, a swim team member met at the Underwood.

“That’s where I said, ‘I think we need to take a leadership role because [the pool] effects so many people.’ Then we started talking numbers,” said Mahoney.

How about $25,000? Somebody raised the figure to $100,000.

Going all in

As a poker player sitting on a good hand, Mahoney decided to go “all in” by upping the ante to $200,000.

“I said if we want to be serious about getting this done, we needed that amount because there was not enough time to raise $300,000,” said Mahoney.

But $200,000 is something that can be done,” said Mahoney, noting the foundation – which receives its funding from stock shares it holds bought at bank’s initial public offering in 2011 – could contribute the amount since the bank stock has risen significantly.

“It’s a way of sharing the bank’s success with the town,” he said.

In one fell swoop, the fundraiser goal facing Schreiber was cut in half.

“The bank came through for us,” said Schreiber. “From my experience, this amount was unprecedented, unheard of.”

Just as important, the bank’s contribution was seen by many donors as a vote of confidence in the Underwood project and the fundraising campaign.

“It got us half way there and so people immediately became excited. It was a powerful statement because [reaching the $400,000 goal] was now a possibility,” said Schreiber.

With Belmont Savings’ financial and business backing, Schreiber did what she does best; convincing people to join “something special.”

The money started rolling in from all directions, more than 400 donations ranging from $10 to $25,000.

“No one gives money to something they don’t care about and clearly they cared about the Underwood pool. People sent notes with their checks and told about their memories, how their children learned to swim there, how they love the fact that the town has a facility anyone can come to,” said Schreiber.

Within three weeks after the bank’s contribution, Schreiber and Mahoney were able to come together to put their stamp (or sticker) on the success of their collaboration.

“It turned out to be a perfect fit for the bank,” said Mahoney. “The donation is what we are about and what the town needed, all coming at right time and the right amount.”

Schreiber looked back at the effort preserving outdoor summer swimming in Belmont more succinctly.

“People just gave from their hearts.”

Breaking News: Pool Fundraiser Reaches Goal to Construct New Facility

The Underwood Pool Building Committee has reached its fundraising goal of $388,000 to meet the lowest bid to construct the new Underwood Pool complex, according to Ellen Schreiber, the committee member who headed the fundraising drive.

“This will allow the Underwood Pool Building Committee to award the construction contract and get started on the project ASAP, following the expected acceptance of the donations by the Belmont Board of Selectmen. The contractor has said that, if the winter weather cooperates, he will try to have the pool ready for next summer,” said Schreiber.

The fundraiser was started in September after a general contractor withdrew a bid within the Committee’s $4.2 million budget to construct a new two-pool complex to replace the current 102-year-old facility at Cottage Street and Concord Avenue. The next lowest bid came in at $4.6 million.

The fundraiser was given a considerable boost after the Belmont Savings Bank Foundation, the charitable offshoot of the Belmont Savings Bank, gave the committee a $200,000 grant in September.

The full story will be available after 1:30 p.m. 

Underwood Pool Fundraiser Hits $300K, But Still a Ways to Go

There is a saying that goes: It’s not how you start, but how you finish.

That’s how Ellen Schreiber views the fundraising effort she is heading for the Underwood Pool Building Committee to secure $200,000 from residents and businesses in just under five weeks that will allow construction to begin on a new Underwood Pool.

In just over a fortnight, the campaign – which began after the low bidding construction company set to build the $4.16 million project backed out at the last minute leaving the town nearly $400,000 short of the new low bid of $4.55 million – has raised nearly three-quarters of the goal, in large part to a $200,000 matching grant from the Belmont Savings Bank Foundation to go along with nearly $100,000 in contributions large and small, Schreiber told the Belmontonian.

But Schreiber, a veteran campaigner who co-led the major town-wide undertaking to build a new Joey’s Park adjacent to the Winn Brook Elementary School, is far from complacent. In a question and answer with the Belmontonian, Schreiber said she is gearing up for a sustained final push to secure the needed funding to replace the existing 102-year-old structure and secure a summer swimming season in 2015.


Belmontonian: You wrote in an recent email that in the first week of the fundraising effort for the new Underwood Pool fundraising raised $93,000, just under half of what needs to be raised to meet the $400,000 goal. Were you expecting such as hopeful response to building the new pool complex?

Schreiber: I am very excited by the response of the Belmont community to the fundraising effort for the New Underwood Pool. I have never seen donations come in so quickly for a fundraising project of this size. I think it shows how much Belmont residents care about the pool. At this point, including the Belmont Savings Bank Foundation matching grant, we’ve crossed the $300,000 threshold, but there is still a lot of money to raise.

Belmontonian: Could you break down in percentage between large – $1,000 and greater – and the smaller donations? What is the total number of donators? How many businesses have donated?

Schreiber: We have received pledges and checks from more than 250 Belmont residents. From my fundraising experience, the donation amounts seem to be higher than typical. I think people understand the fundraising goal and short timeframe and have responded by doing everything they can to help meet the goal. You couldn’t raise this amount of money without some large donations plus many smaller donations, and we’ve gotten a lot of both.

Belmontonian: There has been a great initial response from residents and businesses. How do you keep up the enthusiasm so the goal can be reached by the Oct. 30 deadline?

Schreiber: Communication! It is very important to keep people in the loop. The closer we get, the more enthusiasm we all have. So far, the response has been incredible, but we’re not done yet. We want to begin building the pool while we still have great weather. So for people who are considering a donation, sooner is better.

Belmontonian: How will you be reaching out to the community for funds?

Schreiber: We are trying every way we can to reach Belmont residents and let them know about the fundraising campaign. This really is a viral campaign – some people are sending emails to their friends, some are sending letters, some are talking it up. And of course, we’re trying to get the word out through the press. It seems to me that the word is out, based on the response we’ve been getting.

Belmontonian: Is it more efficient to court businesses and high-income individuals to raise the remaining funds or can you meet the goal with smaller contributions?

Schreiber: I think it is important to give everyone the opportunity to make a difference. You can’t raise money for a project like this if there is not widespread community support, and that is clearly demonstrated by the response – both in numbers of donors and size of donations. This pool belongs to everyone in Belmont; we all have a crucial role to play.

It’s great to have the opportunity to help our community replace a treasured Belmont gathering place. Clearly, there is broad support for the pool, including young families and empty nesters, homeowners who are new to Belmont and those who grew up here, residents who use the pool and those who don’t.

The pool means so much to me – I’ve watched my kids grow up there. And I spoke with a donor yesterday whose parents first met at the Underwood Pool and his now grown children spent lots of time there. The pool brings us together and builds community for kids and adults, and it helps make Belmont the town we love.

One more thing; please visit to donate online or to follow instructions for donating by check.

Belmont Savings: Six Weeks to Show Support for ‘Beloved’ Piece of Belmont

Belmont Savings Bank Foundation announced on Thursday, Sept. 11 that it will match dollar for dollar contributions to the Underwood Pool project up to $200,000. Specifically, the bank foundation has committed to contributing $200,000 which – if matched – would fully fund the remaining $400,000 needed to complete the project.

Recently, plans to rebuild Belmont’s Underwood Pool stalled after the winning bidder dropped out, potentially leaving the Belmont community without a public swimming area next summer.

“As a child, I used the pool and, subsequently, my children did as well, which is why I take pride in announcing this matching grant through our Foundation,” said Robert Morrissey, chairman of the board of directors of Belmont Savings Bank as well as the Belmont Savings Bank Foundation.

“With six weeks to go until the October deadline, it is imperative our community shows its support for this beloved piece of Belmont’s history.”

The Underwood Pool was originally constructed in 1912, and is believed to be the first public outdoor pool in the United States. Belmont had approved debt exclusion for a new pool to be built, with the grand opening originally scheduled for June 2015.

“We are grateful to our partners at Belmont Savings Bank, who understand how much Belmont residents care about the Underwood Pool, and have demonstrated a true commitment to making a positive difference in the community,” said Ellen Schreiber, who is helping lead the campaign.

“We urge businesses and individuals alike to join Belmont Savings Bank in donating by Oct. 31.”

Under the current circumstances, the Underwood Pool Building Committee was faced with redesigning and rebidding the project, in effect cancelling the pool’s summer 2015 season. The involvement of the Belmont Savings Bank Foundation enables supporters to raise the necessary funds in order to accept the current lowest bid before the upcoming October deadline.

“Supporting the rebuilding of Underwood Pool, the oldest municipal pool in the country, is one of those rare opportunities to truly help the community, and improve the quality of life for Belmont citizens,” said Bob Mahoney, president and CEO of Belmont Savings Bank.

“I am thrilled that our Foundation agreed to support the Underwood Pool, which has long been a touchstone in our town.”

Checks can be dropped off at each Belmont Savings branch. Checks should be payable to “Winn Brook PTA for the Underwood Pool” which serves as the non-profit (501c3) fiscal agent for Belmont Partners in Play.

Belmont Partners in Play is coordinating the fundraising campaign, with the total amount used exclusively for the new pool. Each donation is tax-deductible.

Checks can also be mailed to Ellen Schreiber, 49 Sandrick Road, Belmont, MA 02478.

If you have any questions, please contact Ellen at or 617-290-6216.

To donate online, please visit

Belmont Savings Matching Grant Could Help Save Underwood Pool

There just might be outdoor swimming next summer in Belmont after all.

The Belmont Savings Bank Foundation, the community grant-making wing of Belmont Savings Bank, announced Thursday, Sept. 11 that it will match, dollar-for-dollar, up to $200,000 in private donations raised towards building a new Underwood Pool.

The potential $400,000 will allow the Underwood Building Committee to accept the current low bid of $4.55 million from Methuen-based New England Builders and Contractors to erect the new pool complex on the site of the current historic 102-year-old facility at Concord Avenue and Cottage Street.

“The bank understands how much Belmont residents care about the Underwood Pool, and once again they are partnering with us to make a positive difference in the community,” said Ellen Schreiber, secretary of the Underwood Pool Building Committee.

The future of the new two-pool facility had been in question since late August when the initial low bidder Seaver Construction of Woburn, abruptly withdrew its $3.84 million offer on the project that the Building Committee has budgeted at $4.16 million.

As a result of the Foundation’s challenge, the Building Committee is launching a fundraising campaign to raise $200,000 “from large donors as well as from the grassroots to complete the funding for the New Underwood Pool project,” said Schreiber, who has set up a donation website,

All donations are tax-deductible – the committee will be working with Belmont’s Partners in Play and the Winn Brook PTO – and is restricted for the pool project.

In a separate announcement, New England Builders and Contractors has agreed to extend until Oct. 31 signing a contract with the committee to build a new facility. The current deadline to award the work is Sept. 26. The firm also said it would build through the winter and attempt to have the structure open for the 2015 recreation season beginning the final week in June.

As a result, “[w]e need to raise $388,000 in donations as a public-private partnership … by October 31,” said Schreiber.

“The timeline is aggressive, but the grant from the Belmont Savings Bank Foundation really makes it possible,” she said.

“As a donor, it is very exciting to know that every dollar you give is being doubled. And this is a true matching grant – for every dollar we raise, the foundation will give us a dollar, up to $200,000. So we encourage people to help complete the funding for the Underwood Pool,” said Schreiber, who is well-known for help leading a massive community effort to build the new Joey’s Park adjacent to Winn Brook Elementary on Cross Street that opened in October of last year.

Those interested in making a large donation can contact Ellen Schreiber at or 617-290-6216. Make donations of any size by check or online at