Foundation Assists YMCA’s Financial Aid Outreach for Child Care
MADISON, N.J. - The Investors Foundation has awarded a $10,000 grant to support the Madison Area YMCA’s services for economically disadvantaged families in need of day care for children. The grant builds on previous funding awarded by the Foundation over the past several years.
The Madison Area YMCA F.M. Kirby Children’s Center provides year-round child care, summer camp programs, seasonal programming, and transportation services for about 300 children from infant through school age. The grant will enable the YMCA to offer needs-based financial assistance for families who meet federal income requirements and who would otherwise be unable to afford the program.
"While Madison and Morris County as a whole are considered affluent, it is clear that a growing segment of local residents are struggling, and their children are being greatly disadvantaged," said Sharon Kunas, the Y’s Director of Development. "The generosity of our donors and corporate partners enables us to continue the pursuit of our charitable mission."
"We’re enormously grateful for the continued support of the Investors Foundation," added early childhood education expert Harriet McCarter, who joined the F.M. Kirby Children’s Center as executive director in April 2012.
"The Investors Foundation remains committed to supporting nonprofit organizations that enrich the communities served by Investors Bank," said Kevin Cummings, the Bank’s president and CEO. "We applaud the Madison Area YMCA’s ongoing dedication to providing opportunities for children and families in Madison and throughout the region."
Investors Bank, headquartered in Short Hills, New Jersey, is a full-service community bank that has been serving customers since 1926. With over $11.3 billion in assets and a network of more than 85 retail branches, Investors delivers personalized services and products tailored to the needs of its customers. Investors’ banking services include complete deposit, loan and cash management products for consumers and businesses. The Investors Foundation supports non-profit organizations that enrich the quality of life in the communities the Bank serves. To date, the Foundation has dispensed more than $6.5 million to support initiatives ranging from community and civic improvements to the fight against diseases.