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Berks County organizations receive a total of $545,000 in grants from BB&T Economic Growth Fund

by Berks County Community Foundation

Nov 21, 2018
Berks County Community Foundation

To date the fund has donated more than $2.3 million in Berks County

Berks County, Pa. – BB&T has announced $545,000 in grants to 19 Berks County organizations from the BB&T Economic Growth Fund of Berks County Community Foundation.

“BB&T has a long history of supporting our communities,” said BB&T Community Banking Group Executive Scott V. Fainor. “We are proud to provide community leadership at this level and play a role in the future health and prosperity of Berks County.”

In conjunction with the BB&T/National Penn merger, $5 million was donated to two local foundations, Berks County Community Foundation and Lehigh Valley Community Foundation, with each receiving $2.5 million to establish a BB&T Economic Growth Fund.

To date, BB&T has donated a total of $2,392,000 through the BB&T Economic Growth Fund of Berks County Community Foundation. During the 2018 phase of allocation, the following grants were given in Berks County:

Organization                                                 Donation       

Albright College                                             $20,000

Alvernia University                                        $40,000

Berks Alliance                                                $25,000

Berks County Community Foundation          $50,000

Boy Scouts                                                      $10,000

Caron Treatment Centers                               $10,000

Greater Reading Chamber Alliance               $60,000

Hope Rescue Mission                                     $10,000

KU Small Business Development Center      $25,000

Kutztown Community Partnership                $25,000

New Journey Community Outreach               $5,000

Olivet Boys & Girls Club                               $10,000

Our Town Foundation – Hamburg                 $5,000

Penn State Berks – Capital Campaign            $60,000

Reading Area Community College                $75,000

Reading Downtown Improvement District    $50,000

West Reading Main Street Foundation          $50,000

18th Wonder Assoc. (Reading 18th Ward)      $15,000

Berks County Community Foundation is pleased that BB&T’s commitment to Berks County continues, said Kevin K. Murphy, president of Berks County Community Foundation.

“It’s been our pleasure to administer the BB&T Economic Growth Fund,” Murphy said. “This funding has a tremendous impact on organizations that work to improve the quality of life for residents of Berks County.”

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