Foundation & Grantee News

Pascale Sykes Foundation Grantee Collaboration Honored

The Non Profit Development Center of Southern New Jersey in partnership with SNJ Business People held the Non Profit Awards Reception at Adelphia Restaurant on March 2, 2016 where the English Creek-Tilton Road Community Shuttle was honored as the Best Collaborative Effort for 2015.   The English Creek-Tilton Road Community… Read More

NJCC Announces THRIVE South Jersey Grant

FOR IMMEDIATE RELEASE January 11, 2016 CONTACT: Missy Rebovich – 732-640-2061 x410 New Jersey Community Capital Announces THRIVE South Jersey Grant Opportunity New Brunswick, NJ (January 11, 2016) – New Jersey Community Capital (NJCC), through its THRIVE South Jersey initiative, will be granting up to $100,000 in 2016 to support… Read More

NJ.com Article: South Jersey transportation woes addressed with new shuttle service

You can read the full article here: http://www.nj.com/atlantic/index.ssf/2016/01/south_jersey_transportation_woes_addressed_with_ne.html  

Nonprofit announces $15 million economic plan

MILLVILLE – A nonprofit has created an economic initiative that could pump as much as $15 million throughout South Jersey to help low-income families.

The Pascale Sykes Foundation announced the plan Thursday at the Cumberland County Improvement Authority headquarters on High Street. The organization has partnered with other agencies to raise money for the initiative.

The purpose is to enhance education and workforce development across Cumberland, Atlantic, Gloucester and Salem counties.

Pascale Sykes launches multimillion-dollar economic development project in South Jersey

THOMAS BARLAS, Staff Writer
MILLVILLE — The Pascale Sykes Foundation is launching a multimillion-dollar economic-development endeavor intended to help low-income working families in four South Jersey counties.
The largest part of the 10-year project involves spending what organizers hope will be as much as $15 million to stimulate existing businesses in, and lure new businesses to, Atlantic, Cumberland, Gloucester and Salem counties.
While the money will finance various economic development projects, the main thrust involves bolstering small businesses in downtown areas, said Wayne Meyer, president of the nonprofit New Jersey Community Capital. The New Brunswick-based company administers the funds for the project.

VIDEO: Pascale Sykes Foundation Invests $50 Million to Help Families in South Jersey

article_video

MILLVILLE – A $50 million investment is being made in South Jersey Counties to help support working families in Cumberland, Salem, Gloucester, and Atlantic Counties.

“We, the Pascale Sykes Foundation is fully funded and is closing its doors in either 2022 or 2023. So we decided to have a spend down to really make a difference,” said Francis Sykes, President of the Pascale Sykes Foundation. “We looked at all the different counties in New Jersey, all kinds of stats, and discovered that Atlantic, Cumberland, and Salem Counties offer the most potential.”

Transportation More Important than Schools, Crime, in Escaping Poverty

The New York Times recently reported on a finding from the large social mobility study out of Harvard that found that access to good, reliable transportation is a huge factor in determining economic mobility. Read More…

purelandshuttle

Click here to read more…

 

Pascale Sykes Foundation Grantee Spotlight

April, 2015