RIHEBC Awards $100,000 Capital Grant to Mercymount Country Day School for Roof Replacement Project
PROVIDENCE, R.I. – On September 21st, the Rhode Island Health and Educational Building Corporation (RIHEBC) presented a ceremonial $100,000 Capital Grant Program check to Mercymount Country Day School in Cumberland for a roof replacement project on the school’s main building.
“RIHEBC is pleased to provide this Capital Grant to Mercymount Country Day School so they can replace an aging roof and ensure a great learning environment for their students,” said Kim Mooers, Executive Director of RIHEBC. “Our mission at RIHEBC is to help Rhode Island’s not-for-profit institutions meet their facilities needs so they can achieve their missions, and that’s exactly what this grant will do for Mercymount.”
“The roof on our main school building is over 50 years old and has been starting to fail,” said Sister Rayleen Giannotti, Principal of Mercymount Country Day School. “That’s why we are so thrilled to receive this $100,000 Capital Grant from RIHEBC so we can completely replace the roof and continue to provide our students with a warm and dry learning environment. On behalf of our students, parents, teachers, and staff, I want to thank RIHEBC for this generous grant funding for a mission critical project at Mercymount Country Day School.”
RIHEBC’s Capital Grant Program assists eligible institutions in completing capital projects or making equipment purchases that are critical to advancing their missions.
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The R.I. Health and Educational Building Corporation for the past 50 years has provided financing for non-profit health and educational institutions in the state as well as municipalities for school projects. It has issued over $10 billion in tax exempt bonds and is the largest financing agency of the state. Web: rihebc.com - Twitter: @RIHEBC1