The Ponce De Leon Foundation announces grants

BRONX, New York, December 22, 2021 (GLOBE NEWSWIRE) – The Board of Trustees of the Ponce De Leon Foundation is pleased to announce that it has awarded a total of $ 320,000 to nonprofit organizations that make a difference in our communities. Since its inception in 2017, the Foundation has awarded more than $ 1.0 million in grants.

Madeline V. Marquez, Executive Director of the Ponce De Leon Foundation, said “We are privileged to have the opportunity to make a meaningful difference in the communities we serve. “Carlos P. Naudon, President and Director of the Ponce De Leon Foundation, said” we are proud to be able to provide financial assistance to nonprofit organizations in our communities while improving the overall quality of life for those we serve. commit to serve ”. Steven A. Tsavaris, President of the Ponce De Leon Foundation said: “In these difficult times in our community, the Ponce De Leon Foundation is proud to recognize all those entities whose commitment and passion to help others conform to the values ​​and mission of our Foundation.

Act Now Foundation, Inc .: $ 10,000 for the Alzheimer’s care program.

Andromeda Community Initiative, Inc.: $ 20,000 for the masonry restoration program.

Association of Community Employment Programs for the Homeless, Inc .: $ 25,000 for the Therapeutic Counseling Expansion Program.

BOC Capital Corp. : $ 25,000 for the Color Entrepreneurs Fund.

Daniel Music Foundation: $ 10,000 for the group music course program.

Jumpstart for Young Children, Inc.: $ 15,000 for the Jumpstart New York program.

Boys and Girls Club of Kips Bay, Inc .: $ 20,000 for the Kips Bay Youth Arts and Emotional Wellness Program.

Latino Pastoral Action Center, Inc .: $ 25,000 for bridge improvement clubs.

Family health service of the Little Sisters of the Assumption: $ 20,000 for the Expanding Case Management Services program.

Brooklyn Neighborhood Housing Services, CDC, Inc .: $ 15,000 for the Homeownership Promotion and Preservation Initiative.

Quartier SHOPP, Inc .: $ 25,000 for senior SHOPP virtual connections initiatives.

New York Women’s Chamber of Commerce, Inc .: $ 25,000 for the Financial Management and Loan Readiness Program for Women Entrepreneurs of Color.

Palisades Emergency Residence Corp. : $ 10,000 for the Emergency Shelter Services Program.

Sapna NYC, Inc .: $ 20,000 for the COVID-19 Healing and Recovery Program for Asian Communities.

Save Latin America, Inc .: $ 10,000 for the diabetes / COVID-19 awareness campaign.

The HOPE program. : $ 15,000 for the digital literacy training program for low income job seekers.

Union City Music Project, Inc .: $ 10,000 for the After School Orchestral Music for At-Risk Hudson County Children and Youth Program.

Association of union regulations. : $ 20,000 for the Union Settlement Workforce Development – Career Academy program.

About the Ponce De Leon Foundation: The Ponce De Leon Foundation is a private 501 (c) 3 charitable company started in 2017 with a generous donation of stocks and money from Ponce Bank, when the bank was converted into a mutual holding company. The mission of the Ponce De Leon Foundation is to improve the quality of life in the communities in which Ponce Bank has full service branches. With this donation, Ponce Bank has made clear its commitment to continue its tradition of supporting the communities it serves. For more information about the Ponce De Leon Foundation, you can send an email to [email protected]

About Ponce Bank: Ponce Bank is a subsidiary of PDL Community Bancorp, a NASDAQ company listed under the symbol PDLB. Ponce Bank is a federally chartered stock savings association headquartered in the Bronx, New York. The Bank’s activities are carried out through the administrative headquarters and 13 bank branches. Bank offices are located in the Bronx (4 branches), Manhattan (2 branches), Queens (3 branches) and Brooklyn (3 branches), and Union City (1 branch), New Jersey. The main market area currently consists of the New York metropolitan area. www.poncebank.com (718) 931-9000.

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