BayCoast Bank grants $100K toward new Ed Ctr. & Research Library

BayCoast Bank has awarded $100,000 to the New Bedford Whaling Museum toward the building of its new Educational Center and Research Library planned for the southeast quadrant of the museum campus located along Union and North Water Streets. With groundbreaking planned for 2014, the new center will quadruple the museum’s classroom space and create a state-of-the-art Research Library.

In announcing the grant, co-chairs of the museum’s capital campaign, George B. Mock III and Donald S. Rice said “on behalf of the trustees and all those who have contributed thus far to this landmark project, we heartily thank BayCoast for its generosity and its vision in recognizing the long-term educational opportunities this facility will provide throughout the Whaling Museum’s second century of service.” Mr. Mock is president of Nye Lubricants and serves as first vice chair of the New Bedford Whaling Museum; Mr. Rice is the museum’s assistant treasurer

Nicholas Christ, BayCoast Bank president said “We take our commitment to the communities we serve very seriously and this project represents a strategic investment, one which promises to pay educational dividends to our students for decades to come.”

James Russell, museum president and CEO, noted “This extraordinary award from BayCoast Bank demonstrates its commitment to the community, and in particular, to our youth through its generous support of this unique educational facility. BayCoast leads by example and we hope this commitment motivates other leaders in the business community to join us in helping make educational excellence a primary goal across the region.”

To date donors have contributed 80% ($8.26 million) of the funds needed to meet the $10 million goal for the project, which is designed to increase K-12 through post-graduate educational programs and house the museum archives and collections amounting to 750,000 objects and items. It will create 4 new galleries and an extended observation deck overlooking New Bedford harbor.

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