8B — April 12 - 25, 2019— Southern New Jersey — M id A tlantic

Real Estate Journal


S outhern N ew J ersey Funds will finance programs and make possible the acquisition of equipment Meadowlands area YMCA receives $250,000 grant from Kearny Bank

AST RUTHERFORD, NJ — In support of a substantial Meadow- lands Area YMCA fundrais- ing campaign, Fairfield-based Kearny Bank is contribut- ing a $250,000 grant, to be disbursed during a five-year period. As with all donations received during the YMCA’s ongoing “Drive to $1 million” effort, the Kearny Bank funds will finance programs and make possible the acquisition of equipment. Overall, the YMCA’s fund- raising campaign is an effort to address multiple commu- nity needs identified since the E

May 2017 grand opening of its 83,000 s/f facility in East Rutherford. These include establishment of an Exergame Room, one of many offerings intended to help children uti- lize play to incorporate healthy lifestyle choices into their ev- eryday routines. “At Kearny Bank, we’re strongly committed to sup- porting communities in which we have the privilege of con- ducting business,” said Craig Montanaro , Kearny Bank president and CEO. “We have seven branch offices in the area that the Meadowlands YMCA serves, so this quarter-million-

dollar donation is an extremely efficient way to bolster a well- established community service organization while also deliv- ering benefits to the residents of southern Bergen County towns we proudly call home.” Operating out of the ex- pansive site of the Brooklyn Nets’ former headquarters and training facility, the Meadow- lands Area YMCA provides members with a broad range of programs, in the categories of Child Development, Fitness, Health and Wellness; Educa- tion; Arts; and Aquatics. It also makes available space for local organizations’ meetings and other events, and, in 2018, provided in excess of $600,000 in financial assistance and pro- gram subsidies to more than 3,500 local families. “The dynamic growth of our membership revealed a com- munity in need of many forms of support and our Drive to $1 million allows us to fund the equipment and programs that will truly complete the promise of our facility to the region,” said Ron Simoncini, Board Chairman and chief volunteer officer for the Meadowlands Area YMCA. “This generous gift from Kearny Bank will go a long way toward enabling us to achieve multiple goals.” About the Meadowlands Area YMCA Established in 1920, the Meadowlands Area YMCA is located in East Rutherford, New Jersey, in a service area of 127,000 households. In 2018 alone, the Y provided more than $600,000 in financial assistance to over 3,500 local families living and working in East Rutherford, North Arlington, Wood-Ridge, Ruth- erford, Wallington, Secaucus, Lyndhurst, Carlstadt, Moon- achie, Maywood, Little Ferry, Edgewater, and Hasbrouck Heights. The Y’s 50+ site loca- tions host programs committed to nurturing the potential of children, promoting healthy living, and fostering a sense of social responsibility. They offer an array of programs that build mind, body and spirit for people of all ages and circumstances. The 83,200 s/f Meadowlands YMCA, on 390 Murray Hill Parkway in East Rutherford, opened May 19, 2017. The facility is the former training center of the NBA’s New Jersey Nets and is this Association’s first centrally located building. 


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