# Institution for savings
Institution For Savings Announces $1M Gift To Sawyer Free 2025
DISCLAIMER: GloWEST Communications, LLC manages publicity on behalf of the not-for-profit Sawyer Library Foundation for the Sawyer Free 2025 philanthropic capital campaign. Salisbury, MA—In an extraordinary commitment to the well-being of the communities it serves, the Institution for Savings, headquartered in Newburyport, has made a charitable donation of $1,000,000 to Sawyer Free 2025 (visit sawyerfree2025.org), a philanthropic capital campaign to fund a comprehensive renovation, modernization and expansion of Cape Ann’s oldest public library. The seven-figure gift underscores the bank’s business outlook that success extends beyond profitability, growth rate and brand recognition, and further demonstrates its goal of effecting social change with its corporate values, practices and profits.