Promise Realized Campaign Announces $250,000 Grant - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
March 30, 2018 Newswires
Share
Share
Post
Email

Promise Realized Campaign Announces $250,000 Grant

Targeted News Service (Press Releases)

SPRINGFIELD, Massachusetts, March 29 -- Massachusetts Mutual Life Insurance, a life insurance company, issued the following news release:

The Springfield Library Foundation is pleased to announce that the MassMutual Foundation has awarded $250,000 to the Promise Realized Capital Campaign. A formal presentation ceremony about the grant was held at Springfield City Hall on March 29.

The Library Foundation launched the $2 million campaign last fall to support replacement of the current East Forest Park Branch Library with a new building. The new facility will begin construction later this year thanks to a $4.9 million state grant, strong municipal support, and community funding through the Promise Realized Campaign.

"Our promise to Springfield and the East Forest Park neighborhood, to rebuild after the devastating tornado, is one major step closer to being fulfilled," said Springfield Mayor Domenic Sarno. "With the support of great champions like MassMutual, we will build Springfield's first true 21st Century Library and Learning Center, making our City an ever better place to live, work and raise a family."

"We are beyond grateful to have MassMutual's support," stated Library Foundation President Patrick Markey. "Their commitment to improving the community is undeniable. This leadership gift to the Promise Realized Campaign brings us significantly closer to our $2 million goal."

Springfield City Library Director Molly Fogarty echoed the sentiment: "This new library will be a landmark development for the Springfield area. We absolutely could not do it without the support of the local corporate leadership."

"The MassMutual Foundation is committed to enhancing economic opportunity in our community, and this project represents a forward-thinking approach that re-imagines the whole concept of a library," said Dennis Duquette, Head of MassMutual Community Responsibility and President of the MassMutual Foundation. "A modern public library is a vital community resource and we are proud to support the Library Foundation in its efforts to create a learning hub that will enrich the lives of all by providing access to the latest technology, training programs and collaboration space. We hope this grant will inspire and stimulate additional giving within and beyond the local corporate community."

The existing East Forest Park Branch Library is one of the busiest locations in Springfield, but struggles to serve the high numbers of visitors with only 4,100 square feet of strip mall space. The current facility lacks program and meeting rooms, high-speed internet access, and accessible entrances and restrooms. The new building will consist of 17,000 square feet of community space, including special areas for children and teens, a community room, study rooms, dozens of public computers, and a maker space. The new branch is expected to be "a model for the future" according to Springfield City Library Director Molly Fogarty.

Founded in 1857, the Springfield City Library provides over 800,000 free print, physical, and digital resources for public enrichment, as well as nearly 5000 educational and recreational programs per year. To learn more, visit www.springfieldlibrary.org.

Older

SFMO Encourages Tennesseans to Remember Fire Safety When Spring Cleaning

Newer

CSAA Insurance Group Wins 2018 Leadership Excellence, Development Awards

Advisor News

  • What advisors need to know about the life settlement boom
  • Report: Many Americans paying up to 45% of annual income on auto loans
  • Latest state budget raises taxes on Californians, ignores voter priorities
  • What advisors and clients must know about Roth conversions
  • Worker retirement confidence dips to lowest level in a decade
More Advisor News

Annuity News

  • Globe Life Inc. (NYSE: GL) Making Surprising Moves in Tuesday Session
  • Why annuities are gaining traction with younger investors
  • Best’s Special Report: U.S. Life/Annuity Industry Sees Bottom-Line Growth Despite 18% Decline in Total Income in First-Quarter 2026
  • Globe Life Inc. (NYSE: GL) Records 52-Week High Thursday Morning
  • Fortitude Re Completes $500 Million FABN Issuance
More Annuity News

Health/Employee Benefits News

  • Karnes County renews employee health insurance benefits
  • Fresno’s Community Health System and Blue Shield end stalemate, reach new agreement
  • Goliad council delays engineering decisions, approves employee health plan renewal
  • Roberts Disability Law Sues Unum Life Insurance Company of America on Behalf of Disabled Valero Refinery Operator for Allegedly Underpaying Long-Term Disability Benefits
  • Judge allows UnitedHealth 401(k) forfeiture lawsuit to proceed
More Health/Employee Benefits News

Life Insurance News

  • Roberts Disability Law Sues Unum Life Insurance Company of America on Behalf of Disabled Valero Refinery Operator for Allegedly Underpaying Long-Term Disability Benefits
  • Avoid the ‘summertime slump:’ Strategies to remain productive
  • Globe Life Inc. (NYSE: GL) Making Surprising Moves in Tuesday Session
  • Symetra Partners with PlanSource to Streamline Workforce Benefits Administration
  • Royal Neighbors of America achieves record growth
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Maximize Your FIA Case Results
Learn a repeatable process to review, reposition, and present FIA opportunities with confidence.

Aim higher during Annuity Awareness Month
Raise the bar with our diverse portfolio of Ascend annuities, backed by superior financial strength

You Could Be Losing Up to 20% of Your Commissions
GreenWave helps you find, fix, and prevent commission errors.

True Independence Means Having Choices
Cambridge offers flexibility, stability, proven tools—no private equity strings attached.

Life moves fast. Your BGA should, too.
Stay ahead with Modern Life's AI-powered tech and expert support.

Looking for stronger rates, amplified growth & real results?
Sentinel's Accumulation Protector Plus℠ Annuity is for clients wanting more from retirement planning

Press Releases

  • Prosperity Life GroupSM Launches Prosperity PathWaySM Series, Bringing Greater Choice and Flexibility to Retirement Income Planning
  • Senior Market Sales® Fortifies Annuity Reach With Acquisition of Retirement Planning Firm Stratton & Company
  • RFP #T01625
  • Rockwood Programs Appoints Kerry Ladouceur as Vice President, Financial Lines
  • JP Insurance Group Launches Commercial Property & Casualty Division; Appoints Joe Webster as Managing Director
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet