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The Boston Globe

South

Plymouth nonprofit giving away assets

After 50 years of boosting business in America’s Hometown, the Plymouth Industrial Development Corp. is celebrating its last hurrah by giving away what’s left in its coffers to charity.

The nonprofit group, formed by a group of local businessmen in 1962, has donated $100,000 toward Plymouth’s 400th anniversary celebration; $200,000 to Jordan Hospital; and, most recently, $811,000 to the Boys & Girls Club of Plymouth. More will be handed out by April 1, said Ed Santos, the group’s president since 1976.

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