Behavioral Health Network Receives $10,000 Grant from PeoplesBank
SPRINGFIELD — Behavioral Health Network Inc. (BHN) has been awarded a $10,000 grant from PeoplesBank to be used for BHN’s Money School program, a financial-independence initiative for survivors of domestic or sexual violence who are also recovering from addiction.
PeoplesBank’s grant to BHN will support the operation of the Elizabeth Freeman Center’s Money School program. Money School is an award-winning, trauma-informed, financial-independence initiative designed to create long-term safety and economic security for survivors.
According to Matthew Bannister, vice president of Marketing & Innovation at PeoplesBank, “financial literacy is a skill that is lacking today in so many areas of society, so it is gratifying to see BHN addressing this issue with a vulnerable population. We applaud BHN’s efforts in this area, and in so many other important areas, too. They provide great services to our communities.”
Participants are given individually tailored financial and career mentoring as well as intensive advocacy and support for their substance-use recovery and healing in the aftermath of domestic or sexual violence. The program helps survivors achieve and maintain safety, economic independence, and family well-being for themselves and their children.
Kathy Wilson, president and CEO of BHN, noted that “much of our work at BHN has to do with supporting and engaging with people as they overcome obstacles and plan a better future for themselves. The Money School program has been particularly effective in helping women to take control of their finances, one of the most difficult challenges for anyone when navigating the long-term impact of domestic violence. We deeply appreciate the resources being provided by PeoplesBank in this vital program that is changing the lives of the women served.”
The National Coalition Against Domestic Violence states that one in four women report experiencing domestic violence. In addition to physical abuse, domestic-violence survivors often experience financial duress, and almost half of domestic-violence victims struggle with substance-use disorders.