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WSFS CARES Foundation Provides Grants to Six Community Organizations in Delaware, Pennsylvania and New Jersey
WILMINGTON, Del., Oct. 11, 2022 (GLOBE NEWSWIRE) -- The WSFS CARES Foundation, the charitable giving arm of WSFS Bank (Nasdaq: WSFS), announced it has
About this update from Wsfs Financial Corporation
[{"type":"text","content":"WILMINGTON, Del., Oct. 11, 2022 (GLOBE NEWSWIRE) -- The WSFS CARES Foundation, the charitable giving arm of WSFS Bank (Nasdaq: WSFS), announced it has provided grants to six community organizations across its footprint as part of its continuing series of philanthropic activities by WSFS and the Foundation. The grants, approved in the third quarter by the WSFS CARES Foundation board, will support the following organizations: Beat the Streets Philadelphia ($15,000)Beat the Streets Philadelphia (BTSP) is a sports-based youth development nonprofit that is committed to fostering the holistic growth of student-athletes living in at-risk under-served communities. BTSP implements mentoring, academic support, and wrestling programs throughout the greater Philadelphia region as vehicles to ‘Positively Alter Life’s Trajectory.’ The WSFS grant will fund one full community-based program for the 2022-23 winter season.Commonwealth Youthchoirs ($15,000)Headquartered in Germantown, Commonwealth Youthchoirs (CY) is a nonprofit choral music education program whose mission is to transform young lives through the power of making music together, one song at a time. The WSFS funds will allow the program to be expanded to an additional low-to-moderate income school for the 2022-23 school year. Cinnaire ($150,000; paid $50,000 annually over three years)Cinnaire is a mission-driven Community Development Financial Institution (CDFI) that supports affordable housing developments along with community and economic revitalization initiatives through creative investments, loans, and real estate development services. The WSFS funds will assist in the goal to renovate and sell up to 100 homes in eligible neighborhoods by making capital available to small and large developers who are renovating, marketing and selling homes in the target areas.Food Bank of South New Jersey & The Camden Coalition of Healthcare Providers ($75,000; paid $25,000 annually over three years) The Food Bank of South Jersey exists to provide an immediate solution to the urgent problem of hunger by providing food to people in need, teaching them to eat nutritiously, and helping them to find sustainable ways to improve their lives. The Camden Coalition of Healthcare Providers is a multidisciplinary, community-based nonprofit working to improve care for people with complex health and social ne...