WSFS CARES Foundation gives more than $185K in grants to community organizations

The WSFS CARES Foundation recently announced it awarded grants to five organizations as part of its continuing series of philanthropic activities. The grants, approved in the first quarter by the WSFS CARES Foundation board, will support the following organizations:

  • Delaware Prosperity Partnership: $150,000 grant to be paid over three years;
  • Distance Learning Center: $55,000 grant;
  • FinServ Foundation: $78,000 grant to be paid over three years;
  • New Jersey Community Capital: $25,000 grant;
  • Wilmington Neighborhood Conservancy Land Bank: $100,000 Grant to be paid over three years.

WSFS CARES Foundation is the charitable giving arm of WSFS Bank, which is headquartered in the Greater Philadelphia and Delaware region and operates 114 offices, 88 of which are banking offices, located in Pennsylvania (57), Delaware (40), New Jersey (14), Florida (1), Nevada (1) and Virginia (1)

“The mission of the WSFS CARES Foundation is to support nonprofits that are invested in improving communities and fostering a spirit of inclusion and diversity,” Patrick Ward, executive vice president, Pennsylvania market president, at WSFS Bank and chairman of the WSFS CARES Foundation, said. “We’re proud to support each of these great organizations, which share our focus on investing in and strengthening their communities through revitalization, business economic empowerment, education, leadership development and affordable housing.”

“We are grateful for the generous grant from the WSFS CARES Foundation and the impact it will have across our region,” Bernel Hall, CEO and president of New Jersey Community Capital, said. “This investment will help NJCC continue to foster an equitable path to building wealth that will strengthen neighborhoods in traditionally underserved communities.”

“The FinServ Foundation, for the past four years, has made monumental strides in exposing, educating and empowering the next generation to seek careers in the financial services industry,” David Rhoiney, board member, FinServ Foundation, said. “The foundation’s board is all volunteers who believe in changing the industry for good. That altruism is reflected in the organization’s mission, and, as a result, the FinServ Foundation has shown itself to be a bright spot in an industry which is ever-evolving. We are excited to partner with the WSFS CARES Foundation to support local schools like Delaware State University and future professionals in the Pennsylvania, New Jersey and Delaware area.”