Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • ETFs on Track to Outnumber Mutual Funds Early Next Year
    • Debt mutual funds see ₹1.83 lakh crore outflows in September, liquid schemes lead
    • Is TETON Westwood Small Cap Equity I (WWSIX) a Strong Mutual Fund Pick Right Now?
    • Nominee vs legal heir: Who gets your bank fixed deposits, PPF and mutual funds if you die without a will?
    • Afraid of a Stock Market Crash? 4 Great ETFs to Buy Regardless.
    • Small-Cap Mutual Fund Inflows Jump 13.4% To ₹9,039 Crore In Sep Despite Market Weakness
    • SBI Funds shares rise 5% as Antique initiates coverage with Buy; 24% upside seen
    • Goldman’s $2.3 Billion Deal Puts Tax-Smart ETFs Under Scrutiny
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»Funds»Red Bank Allocates ARPA Funds To Eight Nonprofit Organizations
    Funds

    Red Bank Allocates ARPA Funds To Eight Nonprofit Organizations

    August 21, 2024


    During Red Bank’s Commission meeting on Tuesday, August 20th, the city allocated a total of $50,000 in American Rescue Plan Act (ARPA) funds to eight nonprofit organizations in the form of grants.

    The organizations receiving the grants were recommended by the recently established Red Bank Nonprofit Citizens’ Advisory Board.  The $50,000 is part of the overall $3,513,087 allocation of funds from the ARPA Federal COVID relief funds.

    “The City of Red Bank is excited for this opportunity to partner with some of our most impactful local nonprofits in a tangible way,” said Red Bank Mayor Hollie Berry.  “For years, these nonprofits have been helping some of our most vulnerable residents navigate the challenges of the COVID-19 pandemic, our nationwide affordable housing crisis, food security, and more. What better use of this small portion of our city’s allocated Federal COVID relief dollars than to help our local nonprofits continue their critical assistance to the people of Red Bank.”

    When the city received its ARPA money in March 2022, the Commission developed a proposed spending strategy which included setting aside $150,000 (about 4% of the 3.5M total) over three years to go towards local nonprofit relief endeavors (Red Bank Resolution No. 22-1477.)  The Commission then created, by resolution, a method to administer the nonprofit ARPA allocation, forming a voluntary six-member Nonprofit Citizens’ Advisory Board.

    The purpose of the Nonprofit Citizens’ Advisory Board is to offer specialized expertise in particular endeavors, unique insights into how to better serve the needs of the citizens, boost visibility and/or credibility of the City’s intentions, and identify the organizations that can benefit from donations from time to time and from year to year.

    The Board, after a thorough application and evaluation process, selected the following organizations as the recipients of this year’s allocation of ARPA funds:

    • Be The Change Youth Initiative: $10,000
    • Chambliss Center for Children: $5,000
    • Downside Up, Inc.: $10,000
    • McKamey Animal Center: $5,000
    • Northside Neighborhood House: $5,000
    • PORCH, Inc.: $5,000
    • The Learning Gardens: $5,000
    • WaterWays: $5,000

    These nonprofit organizations, as sub-recipients of these ARPA funds, will be required to provide a final report to the Red Bank Commission detailing how they used the funds to benefit Red Bank residents and highlights of their achievements. 





    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    Active Funds vs. Index Funds: Is All-Country Safe? Things to Consider Before Investing|kazu

    October 9, 2026

    The funds that can save thousands in inheritance tax – if you can stand the risks

    October 9, 2026

    How Gulf states are refinancing sovereign wealth funds as Iran war hits revenues

    October 8, 2026
    Leave A Reply Cancel Reply

    Top Posts

    ETFs on Track to Outnumber Mutual Funds Early Next Year

    October 12, 2026

    Afraid of a Stock Market Crash? 4 Great ETFs to Buy Regardless.

    October 12, 2026

    Debt mutual funds see ₹1.83 lakh crore outflows in September, liquid schemes lead

    October 12, 2026

    XRP’s ETFs Are $160 Million Behind Solana’s and Closing. Solana’s Funds Have Had Outflows on Six of Seven October Days.

    October 12, 2026
    Don't Miss
    Mutual Funds

    ETFs on Track to Outnumber Mutual Funds Early Next Year

    October 12, 2026

    Concerned about an AI bubble? Sign up for The Daily Upside for smart and actionable…

    Debt mutual funds see ₹1.83 lakh crore outflows in September, liquid schemes lead

    October 12, 2026

    Is TETON Westwood Small Cap Equity I (WWSIX) a Strong Mutual Fund Pick Right Now?

    October 12, 2026

    Nominee vs legal heir: Who gets your bank fixed deposits, PPF and mutual funds if you die without a will?

    October 12, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    A Guide to Investing in Canadian ETFS

    June 12, 2025

    How to Open a Demat Account and Choose the Right Mutual Fund Options

    January 2, 2026

    Ninepoint Partners Files for New Active Energy and Energy Income ETFs

    August 16, 2024
    Our Picks

    ETFs on Track to Outnumber Mutual Funds Early Next Year

    October 12, 2026

    Debt mutual funds see ₹1.83 lakh crore outflows in September, liquid schemes lead

    October 12, 2026

    Is TETON Westwood Small Cap Equity I (WWSIX) a Strong Mutual Fund Pick Right Now?

    October 12, 2026
    Most Popular

    🔥Juve target Chukwuemeka, Inter raise funds, Elmas bid in play 🤑

    August 20, 2025

    💵 Libra responds after Flamengo takes legal action and ‘freezes’ funds

    September 26, 2025

    🇮🇸 CPP Investments and Equinix complete atNorth acquisition to support growth of leading Nordic data center platform

    September 1, 2026
    © 2026 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.