WHO WE ARE
Our Mission
The Mission of the Ponce De Leon Foundation is to strengthen the communities served by Ponce Bank by supporting charitable causes and organizations located within any county in which the Bank has a branch o ffi ce. The Foundation awards grants to local not-for-profit organizations and community groups that provide programs focused on a ff ordable housing, education, healthcare, social services, economic development, and cultural diversity including housing assistance, scholarships, local education programs, local not-for-profit medical facilities, and other similar types of organizations or civic-minded projects.
About Us
Ponce Bank was born in the Bronx in 1960 to provide financial services to a community long ignored by bigger banks. We are certified as both a Community Development Financial Institution (CDFI) and a Minority Depository Institution(MDI), one of less than 50 banks in the country with both these designations. To achieve this distinction, the Bank has never wavered from this mission and has reinvested more than 80% of its assets directly into the communities it serves. When Ponce Bank restructured in 2017, it seized the opportunity to endow The Ponce de Leon Foundation with funds to further this mission by providing grants to non-profit organizations throughout a service area which now extends from the Bronx to Brooklyn, Queens, Manhattan and parts of New Jersey.
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