Manasquan Bank Charitable Foundation Commits $100,000 in Funding to Algonquin Arts TheatreSeptember 22, 2014

MANASQUAN, NJ (September 22, 2014) – Manasquan Savings Bank, a community bank with a 140-year history serving Monmouth and Ocean Counties, has always been a proud supporter of the local arts and arts education. Beginning with the 2014-2015 season, it has announced a four-year commitment to the Algonquin Arts Theatre totaling $100,000. The funding package is to be the first issued by the Bank’s recently formed private charitable giving arm, the Manasquan Bank Charitable Foundation, Inc.

“Since its inception in 1992, Algonquin Arts Theatre has been an inspiring source of creative programming that enriches the lives of Jersey Shore residents,” said President and CEO James S. Vaccaro. “They perform precisely the kind of work that we intend to support through our newly created Foundation, and we are thrilled to partner with such an amazing neighbor and community-focused organization.”

A portion of the funding pledge is earmarked for capital improvements to the theater. This includes brand-new seating, to be completed prior to the start of the new season. Structural enhancements are being implemented as part of The Campaign for Algonquin Arts Theatre, with additional infrastructure projects planned for upcoming months.

Funding will include a role for the Bank as the first-ever Title Sponsor for the Algonquin Arts Theatre’s popular annual Broadway Series of live theatre productions. The Broadway Series will kick off October 24 with a production of “Annie Get Your Gun,” starring Broadway actor Carter Calvert. Upcoming shows also include “South Pacific” and “The Glass Menagerie.” For tickets and details on each production, visit algonquinarts.org.

“Manasquan Savings Bank has long been a generous supporter of Algonquin Arts Theatre, and we are extremely grateful to them for taking a leadership role in the community’s support for the theatre,” said Executive Director William Whitefield.

To learn more about the Manasquan Bank Charitable Foundation, Inc., including its mission, grant guidelines and eligibility requirements, visit manasquanbank.com.

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