Donations help several Island not-for-profitsFordham Law in The Staten Island Advance, May 10, 2011
By Staten Island Advance Staten Island Advance
STATEN ISLAND, N.Y. -- Victory State Bank has donated $8,000 to the Coalition for Debtor Education.
The check was presented by Victory State Bank CEO/President Ralph Branca to Carol O'Rourke, CDE executive director.
CDE is a not-for-profit organization with a mission to help vulnerable consumers improve their financial-management skills. Involved in the program are Fordham Law School and New York Law School.
As part of the program, Victory State Bank and CDE anticipate providing joint seminars on Staten Island. The bank's support will help the CDE fulfill its mission to improve consumers' understanding and management of their financial affairs. The CDE teaches financial education classes throughout the city and plans to meet with the bank's Community Development group, to design a financial literacy program for the communities the bank serves locally.
The support will help the bank provide financial skills essential for the well-being and future growth of the most vulnerable residents living in these areas.
Victory State Bank VSB Bancorp Inc. is the one-bank holding company for Victory State Bank. The Island-based bank, commenced operations on Nov. 17, 1997. The Bank's initial capitalization of $7 million was primarily raised within the Staten Island community. The Bancorp's total equity has increased to $26 million, primarily through the retention of earnings.
RCSF PRESENTS $18,500
The Richmond County Savings Foundation presented a total of $18,500 to seven not-for-profit organizations serving the Staten Island community.
The checks were presented by Cesar J. Claro, executive director of the foundation, at the foundation's Bloomfield office to a representative of each of the organizations.
The organizations and their grant amounts were: Riverside Opera Company, $2,500, 2011 Production Season; New York Firefighters Burn Center, $1,000, March Madness Basketball Tournament; Meals on Wheels of Staten Island Inc., $1,000, annual luncheon; Staten Island Fleet Week, Inc., $2,000, relocation support; Second Chance Gospel Music Convention, Inc., $3,000, Youth Summit/Jamboree; Carmel Richmond Healthcare and Rehabilitation Center, $4,000, Therapeutic Recreation Program; Staten Island Project Homefront, Inc., $5,000, Project Homefront.
VERY SPECIAL DONATION
The Polonsky Dare to Dream Fund presented a $37,000 grant to A Very Special Place Inc.
The presentation was made by Fund representative Andrea Taylor to Genevieve R. Benoit, executive director of the agency at the Harvest café.
The money will go toward the purchase of a delivery vehicle, which will allow for the expansion of food delivery in the local area and for party and business catering orders for the Harvest Cafe. Program participants will be trained in food delivery as part of the overall training program. The equipment will play an important role in opportunities for learning, employment and overall success of the café.
A Very Special Place, Inc. serves over 1,600 individuals with developmental disabilities and their families that utilize a comprehensive array of programs and services offering guidance, support, and opportunities for achieving independence and to become fully included in the community.
The agency's Harvest Café in New Dorp Beach is a full-service restaurant serving breakfast and lunch daily and is staffed by agency program participants. The restaurant will integrate the running of a business in the community with a nonprofit operation that provides job opportunities.