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.”

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

ActNowFoundation,Inc.: $16,000 for the Alzheimer’s Care Project.

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

BehindtheBook:$20,000 for Strengthening Literacy in NYC Schools and Communities Program.

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

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

CreativeArtWorks:$15,000 for Public Art Youth Employment Programs.

Daniel’sMusicFoundation:$20,000 for DMF Group Classes Program.

ElmcorYouth&AdultActivities,Inc:$25,000 for the Case Management Services for Odler Adults in Supportive Housing Program.

FamilyLegalCare:$20,000 for Family Law Education Program.

FreshYouthInitiatives,Inc.:$25,000 for Middle School JOURNEYS: Mental Health and Wellness Program.

GirlsIncorporatedofNewYorkCity:$25,000 for the Project Accelerate.

GivingAlternativeLearnersUpliftingOpportunitiesInc.:$25,000 for Therapeutic Horseback Riding Lesson Scholarships for Children and Youth with Disabilities Program.

HomecrestCommunityServicesInc.:$25,000 for the HCS Arts and Cultural Program

Leap,Inc.dbaBrooklynWorkforceInnovations:$30,000 for Affordable Housing Career Training program.

LittleSistersoftheAssumptionFamilyHealthService:$25,000 for the Expanded Case Management Services Program.

NewYorkCityHousingPartnership:$25,000 for the Homeownership Counseling and Education Program.

NeighborhoodHousingServicesofBrooklyn,CDC,Inc.:$25,000 for the Homeownership Preservation Initiative.

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

NewYorkLGBTNetwork,Inc:$15,000 for the Safe Schools Initiative LGBT Anti-Bullying Program.

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

PartoftheSolution(POTS):$25,000 for the ESOL Support Program.

QueensCommunityHouse:$30,000 for the Access for Young Women Program.

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

SouthBronxUnited:$25,000 for the SBU Employment Fellowship Program.

TheHOPEProgram:$25,000 for the Digital Literacy Training for Low-Income Jobseekers program.

TheatreforaNewAudience:$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.

AboutPonceBank: 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.