Site Search
- resource provided by the Forum Network Knowledgebase.
Search Tip: Search with " " to find exact matches.
In New Jersey, an estimated 762,530 people are facing hunger, according to Feeding America. As the pandemic continues, hunger relief organizations in New Jersey and across the country are facing ongoing challenges such as increased demand for their services and rising food prices.
To that end, Bank of America announced a $700,000 investment to Community FoodBank of New Jersey, Fulfill and Trenton Area Soup Kitchen to address food insecurity in the region. The investment is expected to provide approximately 1.75 million meals.
Earlier this year, Bank of America announced it would make a $100 donation to local hunger relief organizations and food banks for each employee in New Jersey who received a COVID-19 booster shot or vaccine and notified the bank before the end of January.
The company made an additional contribution to address the increased need experienced by hunger relief organizations across the country. Since the onset of the pandemic, Bank of America has provided $2.29 million in funding to Community FoodBank of New Jersey, Fulfill and TASK in support of local hunger relief efforts.
“As the pandemic continues to impact our New Jersey communities, food banks and hunger relief organizations are experiencing increased demand and higher costs to meet the needs of individuals and families,” said Alberto Garofalo, president, Bank of America New Jersey. “Our commitment to help strengthen the communities we live in and serve is unwavering, which is why we are investing in the health, safety and well-being of our teammates, while also providing funds to help our longtime nonprofit partners that are tirelessly working to fight food insecurity and ensure each of our neighbors has access to a meal.”
The FirstEnergy Foundation awarded more than $3.43 million to nearly 100 organizations across its six-state service territory for the final round of "Investing with Purpose," an initiative focused on supporting nonprofit organizations that advance health and safety, workforce development, educational and social justice initiatives. In addition, FirstEnergy Corp. (NYSE: FE) provided $220,000 to five organizations as part of the initiative. The grants build on $3.3 million in charitable contributions the Foundation awarded in December 2020 as part of the initial round of giving, which has collectively gifted $7 million to nearly 200 nonprofit organizations making a difference in the communities served by FirstEnergy's 10 electric companies.
"Investing with Purpose" was developed in response to the COVID pandemic, which created health, financial and educational hardships for customers across FirstEnergy's footprint, and in response to the events of 2020 that highlighted racial and social injustices impacting our nation. With those issues in mind, the Foundation identified philanthropic opportunities through nonprofit organizations across its service territory that are responding to needs of vulnerable populations. The "Investing with Purpose" initiative represents an additional commitment on top of the company's annual charitable giving, which averages approximately $10 million per year.
"Many of our communities are still facing a significant hardship due to the pandemic. Nonprofit organizations on the frontline of our current health and economic crisis have realigned to support current needs in the community, including housing, workforce development and training, and the continued support of our healthcare workers," said Lorna Wisham, vice president of Corporate Affairs & Community Involvement and president of the FirstEnergy Foundation. "We've witnessed the positive impact these grants made for deserving organizations in 2020, and we look forward to seeing how the second round of contributions will help strengthen the communities we serve."