The Citizens Bank Foundation, the nonprofit outpost of Citizens Financial Group, said Friday it will give $210,000 to five Massachusetts nonprofits that promote and teach financial literacy.
Recipients include Interise, a nonprofit aimed at growing small businesses; uAspire, an organization focused on college affordability; the Urban League of Eastern Massachusetts; and Girl Scouts of Central and Western Massachusetts and of Eastern Massachusetts.
The funding is part of the Rhode Island-based bank’s new program to provide nonprofits across 12 states with $2 million.
“We believe this investment will [help] . . . adults and young people in Massachusetts learn to make smart decisions,” said Jerry Sargent, president of Citizens Bank and RBS Citizens, Massachusetts.
Boston-based Interise, which will receive $50,000, said the money will fund StreetWise MBA, a program that helps business owners with financial management, strategic planning, and business development.