During 2021 — the second year of the COVID-19 pandemic — 63 distinct charitable organizations in New Jersey and New York received donations totaling $706,325 from the KearnyBank Foundation. The funds were contributed across four specific categories: Education, Quality of Life, Housing and Community.
The five largest contributions were $65,000 to Junior Achievement of New Jersey; $50,000 to Habitat for Humanity of Greater Newark; $50,000 to Chilton Medical Center Foundation; $50,000 to the Kip Center; and $30,000 to the African American Chamber of Commerce of New Jersey.
In the Fairfield-based financial institution’s four categories of giving, $227,525 was granted to organizations under the Quality of Life heading, with $197,300 going to Education, $177,500 to Housing and $104,000 to Community.
“Particularly given the pandemic experience of the past two years, we embrace every opportunity to provide grants through the KearnyBank Foundation,” Craig Montanaro, Kearny Bank’s CEO and president, stated. “We’re able to contribute to these deserving charities because of our company’s ongoing success, and we never take for granted how fortunate we are to be in this position.”