A total of $721,500 was donated by Kearny Bank during calendar 2022, according to a Thursday announcement. Made through the KearnyBank Foundation, these contributions went to nearly 100 distinct charitable organizations, both in New Jersey and New York.
For the past five years (2018-2022), Kearny Bank’s total corporate giving — to a broad range of charities — has exceed $3.75 million.
In 2022, the largest single donation went to Junior Achievement of New Jersey, which received $65,000. In addition, the Chilton Medical Center Foundation, in Pompton Plains, was gifted $60,000; Habitat for Humanity of Greater Newark received $50,000, as did Rutherford’s 55 Kip Center.
“We’re grateful to be able to fund programs that help communities in which we conduct business,” Kearny Bank CEO and President Craig Montanaro said. “And that’s not just my perspective — Kearny Bank has been committed to charitable giving since its founding in the 19th century. We want to make people’s lives better, and our foundation spends a good amount of time and effort determining how we can have the most impact. Now, we’re looking forward to continuing and enhancing our giving program through 2023 and beyond.”
The KearnyBank Foundation divides its giving into five distinct categories. These — along with the total amount contributed through each during 2022 — are: quality of life, $215,000; education, $200,000; community, $151,000; housing, $126,000; and high school scholarships, $29,000.
Other highlighted contributions during 2022 were $20,000 to Newark’s Greater Life Inc., for its Kidstitute Education Enrichment Program, and $18,000 to the National Council of Jewish Women – Essex County Section, based in Livingston, for its Back 2 School store program that provides essential classroom items to needy students.
