WALL TOWNSHIP, NJ (March 30, 2020) – The Manasquan Bank Charitable Foundation Inc., an affiliate of Manasquan Bank, today announced a special relief program for those who have been disproportionately impacted by Coronavirus (COVID-19). Established in 2014, the Manasquan Bank Charitable Foundation Inc., continues to build on the philanthropic efforts that Manasquan Bank has endeavored to provide to its local communities since 1874.
“Community is Manasquan Bank’s single most important value,” says President and CEO James S. Vaccaro. “By establishing these special reserve funds, we intend to support deserving organizations during this challenging time and deepen our community focus by offering financial assistance. While much is uncertain, we know this to be true, when this is over our community will emerge stronger than ever.”
Together with the Charitable Foundation Inc., Manasquan Bank has set aside reserve funds of $100,000 for additional grants to support the relief needs of local communities. Each grant will be available for up $2,500 that reflect the urgent needs for immediate relief during the Coronavirus (COVID-19) pandemic.
The special reserve grants are for available for not-for-profits 501 (c) (3) or other non-profit status organizations that assist in sustaining life and bringing encouragement to those, in their market, who have been overwhelmingly and disproportionately impacted by Coronavirus (COVID-19). These organizations provide necessary housing and shelter, finance, transportation, healthcare, food, medicine and basic necessities to the residents of Monmouth, Middlesex and Ocean Counties.
To apply for a Manasquan Bank Charitable Foundation grant for the Coronavirus (COVID-19) program, please visit our website www.manasquan.bank and click the COVID-19 link.
About Manasquan Bank:
Manasquan Bank, a community bank committed to the mutual form of ownership, is headquartered in Wall Township, NJ. The Bank has been serving New Jersey residents since 1874 and continues to pioneer the future of banking with both traditional and digital solutions. With assets in excess of $1.7 billion and a full line of personal & business services, Manasquan Bank operates thirteen branch locations in Monmouth & Ocean Counties and a Middlesex County location, known as Metuchen Bank, a division of Manasquan Bank. Manasquan Bank proudly supports community-focused, non-profit initiatives through the Manasquan Bank Charitable Foundation. For more information, visit www.manasquan.bank.
About Manasquan Bank Charitable Foundation, Inc.:
For 146 years, Manasquan Bank has provided direct support to organizations seeking to make a positive difference in their communities. With the formation of the Manasquan Bank Charitable Foundation, they are bringing that initiative to the next level. Designed to support those serving unmet local needs in new ways, the Foundation serves as the bank’s single source of financial assistance for qualified non-profits who share their passion to create positive societal change. For more information, visit www.manasquan.bank/charitable-foundation