Ponce De Leon Foundation Announces Grant Awards

BRONX, N.Y., Jan. 29, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of the Ponce De Leon Foundation is pleased to announce it has awarded $622,000 to nonprofits that are making a difference in our communities. Since its inception in 2017, the Foundation has provided over $2.3 million in grants.Madeline V. Marquez, Executive Director of the Ponce De Leon Foundation, stated “each year the number of applications to our grant program grows by a lot. The need is so clearly present in our communities, and it warms my heart to see the joy spread by these groups as we support and amplify their impact.”

Carlos P. Naudon, President and Director of the Ponce De Leon Foundation, stated “I’ve been asked to comment on corporate social responsibility many times this past year. It’s on everybody’s mind and I’m always happy to say that we’ve been living this mission for decades!”

Steven A. Tsavaris, Chairman of the Ponce De Leon Foundation added, “these community leading organizations mirror our own mission to serve and we’re extremely proud to partner with and support so many impactful groups.”

*ACE* *Programs:* *$25,000* for the Expansion of Services for Low-Income, Independently Housed Individuals in Western Queens Project.

*Act* *Now* *Foundation,* *Inc*.: *$16,000* for the Alzheimer’s Care Project.

*ALD Alliance: $11,000 *for the New York ALD Outreach Project.

*Behind* *the* *Book:* *$20,000* for Strengthening Literacy in NYC Schools and Communities Program.

*Bronx* *River* *Alliance,* *Inc:* *$25,000* for Youth Development through Experiential Bronx River Natural and Historical Education Program.

*Center* *for* *Supportive* *Schools:* *$30,000* for Supporting Youth Development at the President Barack Obama Community School/PS 34 Program.

*Creative* *Art* *Works:* *$15,000* for Public Art Youth Employment Programs.

*Daniel’s* *Music* *Foundation:* *$20,000* for DMF Group Classes Program.

*Elmcor* *Youth* *&* *Adult* *Activities,* *Inc:* *$25,000 *for the Case Management Services for Odler Adults in Supportive Housing Program.

*Family* *Legal* *Care:* *$20,000* for Family Law Education Program.

*Fresh* *Youth* *Initiatives,* *Inc.:* *$25,000* for Middle School JOURNEYS: Mental Health and Wellness Program.

*Girls* *Incorporated* *of* *New* *York* *City:* *$25,000* for the Project Accelerate.

*Giving* *Alternative* *Learners* *Uplifting* *Opportunities* *Inc.:* *$25,000* for Therapeutic Horseback Riding Lesson Scholarships for Children and Youth with Disabilities Program.

*Homecrest* *Community* *Services* *Inc.:* *$25,000* for the HCS Arts and Cultural Program

*Leap,* *Inc.* *dba* *Brooklyn* *Workforce* *Innovations:* *$30,000* for Affordable Housing Career Training program.

*Little* *Sisters* *of* *the* *Assumption* *Family* *Health* *Service:* *$25,000* for the Expanded Case Management Services Program.

*New* *York* *City* *Housing* *Partnership:* *$25,000* for the Homeownership Counseling and Education Program.

*Neighborhood* *Housing* *Services* *of* *Brooklyn,* *CDC,* *Inc.:* *$25,000* for the Homeownership Preservation Initiative.

*New* *Settlement:* *$25,000* for New Settlement Program for Girls and Young Women.

*New* *York* *LGBT* *Network,* *Inc:* *$15,000* for the Safe Schools Initiative LGBT Anti-Bullying Program.

*Nonprofit* *New* *York:* *$25,000* for the Strengthening Nonprofits in New York Program.

*Part* *of* *the* *Solution* *(POTS):* *$25,000* for the ESOL Support Program.

*Queens* *Community* *House:* *$30,000* for the Access for Young Women Program.

*Restore:* *$25,000* for the Housing for Survivors of Trafficking Program.

*South* *Bronx* *United:* *$25,000* for the SBU Employment Fellowship Program.

*The* *HOPE* *Program:* *$25,000* for the Digital Literacy Training for Low-Income Jobseekers program.

*Theatre* *for* *a* *New* *Audience:* *$15,000* for the Theatre for a New Audience's 2023-2024 Arts in Education Programs.

*About the Ponce De Leon Foundation: *The Ponce De Leon Foundation is a private 501(c)3 charitable corporation launched in 2017 with a generous gift of stock and cash from Ponce Bank. As the bank has grown, so has the foundation, and when Ponce Bank became a fully public entity in January of 2022 additional funds were donated. Ponce De Leon Foundation’s mission remains, to improve the quality of life in the communities in which Ponce Bank maintains full-service branches. With these gifts, Ponce Bank made clear its commitment to continue its tradition of supporting the communities it serves. For further information on the Ponce De Leon Foundation, you can send an email to Grants@Poncedeleonfoundation.org.

*About* *Ponce* *Bank:* Ponce Bank is a subsidiary of Ponce Financial Group, Inc., a NASDAQ company trading under the symbol PDLB. Ponce Bank is a federally chartered stock savings association headquartered in the Bronx, New York. The Bank’s business is conducted through the administrative office, 13 branch banking offices and 5 mortgage loan centers. The banking offices are located in the Bronx (4 branches), Manhattan (2 branches), Queens (3 branches), Brooklyn (3 branches), and Union City, New Jersey (1 branch). Mortgage centers are located in Queens, (Flushing, Jamaica and Astoria) Brooklyn (Marine Park), and Bergenfield, New Jersey. The primary market area currently consists of the New York City metropolitan area. www.poncebank.com (718) 931-9000.