Ponce De Leon Foundation Awarded Grants in the Amount of $635,000 to Nonprofits
Rhea-AI Summary
Ponce De Leon Foundation (PDLB) announced grants totaling $635,000 awarded to nonprofit organizations on January 8, 2026. Since 2017 the foundation has provided over $3.6 million in grants. Awards range from $15,000 to $30,000 and support programs including education, workforce development, senior services, arts, refugee economic mobility, housing assistance, and health-related community services across New York and neighboring communities.
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News Market Reaction – PDLB
On the day this news was published, PDLB declined 1.95%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
While PDLB was down about 0.98%, key regional bank peers like BWFG, PCB, PLBC, RBB, and USCB showed gains between roughly 1.8% and 3.37%, pointing to stock-specific trading rather than a sector-wide move.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Jan 05 | Board appointment | Positive | +0.1% | Appointment of experienced director with economic development background. |
| Nov 17 | Community grant award | Positive | -3.6% | $50,000 FHLBNY grant distributed to small businesses and nonprofits. |
| Oct 24 | Earnings release | Positive | +1.6% | Q3 2025 results with higher net income and strong balance sheet growth. |
| Oct 22 | Branch opening | Positive | -1.0% | Grand opening of new Inwood branch to expand access to banking. |
| Oct 14 | Charter conversion | Positive | +2.8% | Conversion to national bank and financial holding company to expand powers. |
Recent news has mostly been positive in tone, with three events seeing modestly positive price alignment and two community- or grant-related items showing negative price reactions, suggesting occasional divergence on mission-driven headlines.
Over the last few months, Ponce Financial Group has reported stronger financial performance and strategic evolution. On Oct 10, 2025, it completed a charter conversion to operate as Ponce Bank, National Association and became a bank and financial holding company, broadening powers. Q3 2025 results highlighted net income of $6.2M and solid loan and deposit growth. The bank also opened a new Inwood branch and secured a $50,000 grant for small business recovery, while recently adding an experienced director focused on underserved communities.
Market Pulse Summary
This announcement highlights Ponce De Leon Foundation’s commitment to community impact, with $635,000 in new grants and over $3.6 million awarded since 2017. For PDLB, it complements earlier milestones such as Q3 earnings growth and the shift to a national bank charter. Investors may track how ongoing philanthropy interacts with financial performance, including earnings trends, balance sheet growth, and future regulatory disclosures, when evaluating the company’s long-term positioning.
AI-generated analysis. Not financial advice.
BRONX, N.Y., Jan. 08, 2026 (GLOBE NEWSWIRE) -- The Board of Directors of the Ponce De Leon Foundation is pleased to announce it has awarded
Madeline V. Marquez, Executive Director of the Ponce De Leon Foundation, stated "with each passing year, the number of grant applications continues to grow, a powerful reminder of the vast needs and extraordinary potential within our communities. We take pride in honoring all of our focus areas and in distributing funds with fairness and care, ensuring that every organization we support can strengthen its impact and help create lasting change."
Carlos P. Naudon, President and Director of the Ponce De Leon Foundation, stated "corporate social responsibility is our heartbeat, we live it, breathe it, and joyfully serve our communities."
Steven A. Tsavaris, Chairman of the Ponce De Leon Foundation added, "partnership thrives when missions align, we are humbled by these impactful organizations."
Aid for Aids International Inc:
Andromeda Community Initiative:
Astoria/Queens SHARE-ING & CARE-ING:
Braata Productions Inc:
Bridge Street Development Corp:
Bronx Arts Ensemble Inc:
Brooklyn Children’s Museum:
Center for Supportive Schools:
Daniel’s Music Foundation:
Dream Dare to Revitalize Education thru Arts & Mediation:
Educational Video Center Inc:
Emma’s Torch Ltd:
First Jamaica Community & Urban Development Corp:
Giving Alternative Learners Uplifting Opportunities Inc:
Internationals Network for Public Schools Inc:
Jersey City Theatre Center Inc:
Legal Action Center of the City of New York Inc:
LIFT Inc:
Neighbors Helping Neighbors Inc:
New Heights Youth, Inc:
Opportunities for a Better Tomorrow:
Palisades Emergency Residence Corp:
Part of the Solution, Inc (POTS):
POINT Community Development Corp:
Renaissance Youth Center:
The Carter Burden Center for the Aging Inc:
The Neighborhood Self Help by Older Persons Project (SHOPP):
The Possibility Project:
The Washington Headquarters Association, New York Morris-Jumel Mansion Inc:
Union City Music Project, Inc:
Women for Afghan Women:
About the Ponce De Leon Foundation
The Ponce De Leon Foundation is a private 501(c)3 charitable corporation launched in 2017 with a generous gift of stock and cash from Ponce Bank. As the bank has grown, so has the foundation, and when Ponce Bank became a fully public entity in January of 2022 additional funds were donated. Ponce De Leon Foundation’s mission remains, to improve the quality of life in the communities in which Ponce Bank maintains full-service branches. With these gifts, Ponce Bank made clear its commitment to continue its tradition of supporting the communities it serves. For further information on the Ponce De Leon Foundation, you can send an email to Grants@Poncedeleonfoundation.org.
About Ponce Bank N.A.
Ponce Bank, N.A. was founded in the Bronx in 1960 by Puerto Ricans who chose to invest in their community at a time when most financial institutions were leaving. Today, the Bank operates 13 branches across the New York Metro area, with
Media Contact:
Jane Trachet
+1 (718) 734-7730
jane.trachet@poncebank.net