Investors Bank, through its charitable foundation, is releasing more than $1.13 million in financial grants to not-for-profit organizations in New Jersey and New York. The Investors Foundation is making the grants as not-for-profit organizations face a doubling and tripling in the demand for the services they are providing to communities during the COVID-19 pandemic.

The grants are going to not-for-profit organizations that supply people and families with healthcare services, food, shelter, and the basics that are needed to survive through the pandemic and severe economic downturn. There are more than 170 local and regional organizations that are receiving grants, including food pantries, feeding programs, rescue squads, EMT and EMS teams, hospitals, and not-for-profit economic development corporations that assist small businesses.

Investors Bank, a Greater Trenton Board organization, has played a critical role in helping to revitalize New Jersey’s Capital City. Earlier this year, Investors Bank Chairman and CEO Kevin Cummings was appointed as Greater Trenton’s Board Chair.

In announcing the grants, Cummings said, “Nonprofits are responding to the unprecedented needs of so many in our communities. We believe in the value of forming alliances that bring our company and not-for-profit organizations together, and we are seeking to identify how we may assist the organizations that are providing essential services to our neighbors.”

The Investors Foundation, which has made more than $41 million in grants since 2006, supports non-profit organizations that enrich the diverse communities served by Investors Bank. Not-for-profits may apply for grants by going to the Foundation’s website.