NVE Bank Supports Local Non-Profits with $50,000 Grant
Englewood, NJ – December 21, 2023 – NVE Bank proudly announces a $50,000 grant to be distributed among five local non-profit organizations. This initiative exemplifies NVE Bank’s ongoing commitment to supporting the communities it serves.
The selected non-profit organizations, essential to the fabric of our communities, are receiving grants to address economic challenges exacerbated by the current environment, including inflation, supply-chain constraints, and rising energy costs. Recipient organizations include: Helping Hands Food Pantry, Bergen Family Center, Women’s Rights Info Center, The Bright Side Family, and lastly, the Office of Concern Food Pantry.
New Jersey Senator Gordon M. Johnson was on site to emphasize that because of this combined effort here, a lot of people will have a nicer holiday celebration. “Thank you for all you do and let’s keep working together to ensure people have the quality of life they desire in this neighborhood, this state, and in this country.” “NVE Bank is a community bank for sure; a community bank involved in the community. Thank you for what you do.”, Johnson expounded.
NVE Bank successfully secured grants through the FHLBNY, reflecting the bank’s deep-rooted dedication to community enrichment. NVE Bank has a longstanding history of providing support through donations, scholarships, and in-kind assistance, fostering a strong and vibrant community.
Rob Rey, President and CEO of NVE Bank, extended gratitude to the five non-profit organizations selected this year for all the great work they do, and emphasized NVE Bank’s continued commitment to providing grants during the holiday season. “It is clear that these organizations have had a significant positive impact within the communities we serve. We are grateful for all they do and glad they can be recognized in this way.”, explained Rey during the event.
Mark Loblanco, Executive Director of Helping Hands Food Pantry stated, “NVE’s donation is a huge help to get the necessary food and products needed especially during the winter months so people don’t go with without the essential provisions. Organizations like NVE Bank help our cause with operating expenses.”
“Sadly less than one percent of philanthropic dollars support aging-related causes and we are very grateful that NVE Bank recognizes the importance of the work we do and are thankful for their support” explained Elizabeth Davis, Executive Director of Bright Side Family.
Pictured L–R: John Spencer, Executive Vice President Retail Banking NVE Bank; Mitch Schonfeld, President and CEO of Bergen Family Center; Donald Wurtz, Executive Director of Office of Concern; Rob Rey, President/CEO NVE Bank; Elizabeth Davis, Executive Director of The Bright Side Family; Lil Corcoran, Executive Director of Women’s Rights Info Center; Mark Loblanco, Executive Director of Helping Hands Food Pantry; Senator Gordon M. Johnson, Assistant Majority Leader – District 37; Stephanie Stagg, First Senior Vice President, Chief Credit Officer NVE Bank.