The Princeton Area Community Foundation has assembled a coalition of funders to create a COVID-19 Relief & Recovery Fund to help support nonprofits working with the most vulnerable residents in Mercer County and the surrounding region.
The Fund has $1 million in contributions to date, including $250,000 each from the Community Foundation, Betty Wold Johnson, and the George H. and Estelle M. Sands Foundation.
Founding supporters of the Fund also include The Bunbury Fund at the Community Foundation, NJM Insurance Group, The Burke Foundation, and the Fund for Women and Girls at the Community Foundation, and other individual donors.
“We know that many of our local residents were already dealing with financial hardships before the unprecedented coronavirus crisis hit New Jersey,” said Jeffrey M. Vega, President & CEO of the Princeton Area Community Foundation, which will host the Fund. “Each day we are learning about more adverse impact as a result of the outbreak. So, although we have received $1 million in donations to date, we anticipate the continuing needs in our community will be much greater, and we encourage others to join us in this funding effort.”