OritaniBank Charitable Foundation Awards
Financial Assistance Grant to Zoe's Place
Clifton, NJ - July 24, 2012 - The OritaniBank Charitable Foundation has awarded a financial assistance grant to Zoe's Place Home in Garfield.
Established in 2003, Zoe's Place provides a safe, supervised homelike environment for homeless teen mothers, giving them the time and space to develop skills and competencies needed to become self-sufficient and independent.
"OritaniBank has been a proud supporter of Zoes Place for a number of years in their efforts to assist teen mothers," said Kevin J. Lynch, President of the OriitaniBank Charitable Foundation and Chairman, President and CEO of Oritani Bank. "Last year, our foundation helped Zoe's Place with the construction of their Garfield facility. Our current grant funding will help continue their efforts to directly improve the lives of teen moms and their children."
Zoe's Place was established as a non-profit in 2003, but the actual home was opened in June 2011. The home has a capacity for five mothers and their children. In addition to meeting the critical need for education, job skills and support services that will guide teen mothers into self-sufficiency, Zoe's Place operates a helpline 365 days a year that provides information, advocacy and direct emergency services like food and baby supplies. For more information, visit www.zoesplaceinc.org.
Oritani Bank established the OritaniBank Charitable Foundation in 2007 to assist not-for-profit organizations that help to improve the quality of life for area residents, especially those members of its communities most in need. Since its inception the Foundation has donated more than $3 million to local charitable organizations, primarily in support of education, health & human services, youth programs, and affordable housing.
Oritani Bank is a 101-year old community bank with over $2.8 billion in assets, based in the Township of Washington, New Jersey. Oritani Bank is a publicly held company trading on the NASDAQ with the trading symbol "ORIT". Oritani Bank offers a full line of deposit and loan services to both retail and commercial customers. For more information, call 888-ORITANI, or visit their website, www.oritani.com.