Ponce De Leon Foundation Disburses $610,000 to Community Nonprofits
Generous Grants from the Ponce De Leon Foundation
The Ponce De Leon Foundation, known for its impactful philanthropic work, has recently allocated an impressive sum of $610,000 to various nonprofits dedicated to improving community welfare. Since its establishment, the Foundation has surpassed the remarkable milestone of $2.4 million in grants, showcasing its commitment to fostering positive change.
A Commitment to Community Impact
Madeline V. Marquez, the Executive Director of the foundation, expresses the ongoing demand for assistance within neighborhoods. The increase in grant applications highlights the pressing needs of local residents. She emphasizes the Foundation's dedication to equity in funding, ensuring resources reach those who need them the most. The commitment to community support is not merely a statement; it is deeply embedded in the foundation’s mission.
Leadership Voices
Carlos P. Naudon, the President and Director, reflects on the essence of corporate social responsibility. The foundation's ethos is grounded in a genuine desire to serve the community, and the pride reflected in Naudon's words indicates a heartfelt commitment to this mission. He encourages a community-first approach as the foundation continues to adapt and grow alongside those it serves.
Partnerships for Change
Steven A. Tsavaris, Chairman of the Foundation, shares his thoughts on the importance of collaboration. He believes that when organizations share similar missions, significant impact can be achieved. The partnerships fostered between the Foundation and various nonprofits are pivotal for delivering real changes to the community.
Distribution of Funds to Nonprofits
The recent awards underscore a diverse range of projects. Here are some of the nonprofit recipients and their respective projects:
- ACE Programs: $25,000 for the Expansion of Services for Low-Income Individuals.
- Act Now Foundation, Inc: $20,000 for the Alzheimer’s Care Project.
- Andromeda Community Initiative: $30,000 for Constructive Career Opportunities.
- Brooklyn Youth Sports Club Inc: $30,000 for Youth Sports Club Programs.
- Creative Art Works: $15,000 for Public Art Youth Employment Programs.
- Daniel’s Music Foundation: $20,000 for Disability Awareness Initiatives.
- Education Through Music: $30,000 for Music Education Programs.
- Girls Incorporated of New York City: $30,000 for Project Accelerate.
- Hope Kids NY: $25,000 for College Preparation Programs.
- Housing Partnership Development Corp: $30,000 for Homeownership Counseling.
- I Challenge Myself Inc: $10,000 for Cycling Smartly programs.
- Jamaica Center for Arts & Learning Inc: $20,000 for the JCAL Riddim Section.
- Neighborhood Self Help by Older Persons Project Inc (SHOPP): $30,000 for Senior Community Assistance.
- New Heights Youth Inc: $25,000 for the College Bound Program.
- New York Women’s Chamber of Commerce: $30,000 for the ContractHer Program.
- Palisades Emergency Residence PERC: $15,000 for Technology Access initiatives.
- Part of the Solution (POTS): $30,000 for ESOL Support Programs.
- Princeton Center for Leadership & Learning: $30,000 for Connecting Gardening, Science & Literacy.
- Project Hope Charities, Inc: $30,000 for Food Pantry Projects.
- Regional Aid for Interim Needs Inc RAIN: $30,000 for Mobile Food Kitchen initiatives.
- Spanish Speaking Elderly Council RAICES: $30,000 for Mindful Journey Programs.
- The HOPE Program Inc: $30,000 for Digital Literacy for Low-Income New Yorkers.
- Union City Music Project, Inc: $15,000 for After School Music Education Programs.
- The Young People’s Chorus of New York City: $30,000 for Community Chorus Programs in the Bronx.
About the Ponce De Leon Foundation
The Ponce De Leon Foundation began its journey in 2017, fueled by a significant contribution from Ponce Bank. The Foundation has evolved alongside its partner bank, notably expanding its resources as Ponce Bank transitioned into a public entity. The foundation’s mission is clear: enhancing the quality of life within communities where Ponce Bank operates.
About Ponce Bank
Ponce Bank operates as an essential financial institution under the umbrella of Ponce Financial Group, Inc., traded as PDLB on NASDAQ. With a robust presence across the New York City metropolitan area, the bank provides comprehensive financial services through its numerous branches. The collaborative spirit of the bank extends to its charitable endeavors, reflecting its commitment to community welfare.
Frequently Asked Questions
What is the recent grant amount awarded by the Ponce De Leon Foundation?
The Ponce De Leon Foundation recently awarded $610,000 in grants to nonprofits.
Since when has the Ponce De Leon Foundation been operating?
The foundation has been making a difference since its establishment in 2017.
What types of projects received funding this year?
This year's funding covered a variety of initiatives including education, health care, and arts programs.
How much total funding has the foundation provided since its inception?
Since its inception, the foundation has provided over $2.4 million in grants.
Where can I find more information about the Ponce De Leon Foundation?
You can learn more by reaching out via email at Grants@Poncedeleonfoundation.org.
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