Rhode Island Bank Matches Donations to Fight Rising Hunger – and Celebrate 225 Years

By Michael Bennett

As Rhode Island families grapple with persistent inflation and economic uncertainty, the need for food assistance is growing. This Thursday, November 13th, Washington Trust is stepping up to meet that challenge, pledging to match the first $10,000 in donations made to the Rhode Island Community Food Bank during WPRI-12’s annual Day of Giving. But this initiative isn't just about immediate relief; it’s a reflection of a 225-year commitment to the Ocean State and a proactive response to a worsening crisis.

“Every contribution matters, and together we can make a meaningful difference for families across Rhode Island,” said Edward O. “Ned” Handy III, Washington Trust Chairman and CEO, in a statement. While a standard press release sentiment, it’s backed by a substantial and consistent history of community investment.

Beyond the Numbers: A Deepening Crisis

The Food Bank reports distributing 11.5 million pounds of food to approximately 84,000 Rhode Islanders each month. However, these figures only tell part of the story. Recent data paints a more sobering picture. Feeding America’s Map of Food Insecurity reveals that nearly 10% of Rhode Island residents – over 108,000 people, including 34,000 children – are food insecure. Calls to the United Way of Rhode Island’s 2-1-1 helpline requesting food assistance have surged by 25% in the past year, indicating a deepening need.

“We’re seeing a really concerning trend,” explains a volunteer at a local food pantry. “More and more families who were previously able to make ends meet are now having to rely on food assistance. Rising grocery prices and housing costs are squeezing budgets, and it’s impacting people across all demographics.”

A Long-Term Commitment

Washington Trust’s involvement with the Rhode Island Community Food Bank isn't new. The bank committed $43,000 to the organization in 2022 and has consistently supported the Food Bank’s programs for years. But this year’s Day of Giving initiative is particularly significant as it coincides with the bank's 225th anniversary. The bank’s 225 Community Checking campaign – which has already donated $33,000 in grants and sponsorships – highlights a broader commitment to sustained community investment.

“Banks often talk about their role in the economy, but it’s rare to see a consistent, long-term dedication to social impact,” observes a financial analyst familiar with the Rhode Island banking landscape. “Washington Trust’s approach goes beyond simply writing checks; they actively engage with the community and prioritize initiatives that address fundamental needs.”

Beyond Washington Trust: A Collaborative Response

While Washington Trust’s commitment is notable, it’s part of a larger effort by Rhode Island’s financial institutions to address food insecurity. BankNewport and Citizens Bank also maintain robust philanthropic programs and actively support the Rhode Island Community Food Bank. However, experts argue that a collaborative approach is crucial to effectively tackling the problem.

“No single organization can solve food insecurity on its own,” explains a community organizer working with several local food banks. “It requires a coordinated effort from banks, non-profits, government agencies, and individual donors. Banks can play a vital role by providing financial resources, promoting volunteerism, and raising awareness about the issue.”

Sustaining the Momentum

The immediate impact of Washington Trust’s matching gift is clear: it will double the amount of food the Rhode Island Community Food Bank can provide to those in need. But the challenge extends beyond a single day of giving. Sustaining the momentum requires a long-term strategy that addresses the root causes of food insecurity – poverty, unemployment, and lack of access to affordable housing and healthcare.

“We need to move beyond just providing emergency food assistance,” says a representative from the Rhode Island Community Food Bank. “We need to invest in programs that empower individuals and families to become self-sufficient. That means providing job training, financial literacy education, and access to affordable housing and healthcare.”

Washington Trust’s 225th anniversary serves as a reminder that a strong community is built on a foundation of shared values and a commitment to social responsibility. The bank’s Day of Giving initiative is a powerful example of how businesses can leverage their resources to make a meaningful difference in the lives of others. As Rhode Island continues to navigate economic challenges, the need for collaborative action and sustained investment in the community will only become more critical.