LeFrak and Simon Families Pledge $7 Million to Jersey City Nonprofits Over Six Years
The LeFrak and Simon families, through their Newport Associates Development Company, have announced a significant philanthropic commitment to Jersey City. In celebration of Newport's 40th anniversary, they initially awarded $2 million in grants to 40 local nonprofit organizations, doubling their previous $1 million commitment. This initiative will be further extended with an additional $1 million annual contribution for the next five years, bringing the total philanthropic investment to $7 million over six years. The 40 grant recipients were chosen from 135 applicants and represent diverse sectors including social services, healthcare, education, arts, community development, environmental protection, and athletics. Four organizations—Garden State Community Development Corporation, the Anti-Violence Coalition of Hudson County, Team Wilderness, and Arts 14C—received cornerstone awards of at least $100,000 each. This expanded commitment was unveiled at a 40th-anniversary celebration at The Westin Jersey City ...