FirstEnergy Foundation Grant Powers Asbury Park's Comeback
Rhea-AI Summary
FirstEnergy Corporation (NYSE: FE) has announced a significant $50,000 grant through its FirstEnergy Foundation to support Interfaith Neighbors' community development initiatives in Asbury Park, New Jersey. The grant, among the largest awarded by the Foundation in New Jersey this year, is part of over $2 million in community support distributed across FirstEnergy's service areas in H1 2025.
The funding will support various programs addressing critical community needs, including job training through The Launch Center, early childhood education, Meals on Wheels program serving over 330,000 meals annually, and the Kula Urban Farm initiative. This investment aims to address poverty in Asbury Park, where nearly 20% of residents live below the poverty line.
Positive
- One of the largest Foundation grants in New Jersey for 2025
- Part of substantial $2 million community support initiative across service areas
- Strategic investment addressing multiple community needs (jobs, education, food security)
- Demonstrates strong corporate social responsibility in key service area
Negative
- None.
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Interfaith Neighbors fuels hope and opportunity with
The grant is one of the largest awarded by FirstEnergy Foundation in
Doug Mokoid, FirstEnergy's President,
Nearly one in five Asbury Park residents live below the poverty line. Interfaith Neighbors is working to change that with programs that open doors and create lasting change, including:
- The Launch Center - Offers job training, career coaching and one-on-one support to help residents succeed.
- The Early Childhood Learning Center – Provides a safe, nurturing environment for young children while empowering parents to work or pursue education.
- Meals on Wheels – delivers more than 800 meals daily to seniors and residents with disabilities – more than 330,000 meals a year.
- Kula Urban Farm - A hydroponic greenhouse that grows fresh produce and opportunity, offering job training and free food to neighbors in need.
Walter "Chip" Craig, Interfaith Neighbors' Co-Executive Director: "For nearly four decades, we've focused on the essentials – housing, food and jobs. Thanks to FirstEnergy Foundation and JCP&L, we can continue building trust and creating real change in
Want to Make a Difference?
The FirstEnergy Foundation supports 501(c)(3) tax-exempt nonprofit organizations that meet the critical needs in communities served by FirstEnergy's electric operating companies and in areas where the company conducts business. While unsolicited applications aren't accepted, nonprofits can inquire about grant opportunities or sponsorships by contacting Alix Hayes, Community Involvement Consultant at ahayes@firstenergycorp.com.
JCP&L serves 1.1 million customers in the counties of
FirstEnergy is dedicated to integrity, safety, reliability and operational excellence. Its electric distribution companies form one of the nation's largest investor-owned electric systems, serving more than six million customers in
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SOURCE FirstEnergy Corp.