FORT LEE, N.J. — Cross River Bank, a technology infrastructure provider that offers embedded financial solutions, recently awarded a $15,000 grant plus a financial advisory commitment to Hamilton, Montana-based nonprofit Loads of Dignity.
That 501(c)(3) organization provides funds and supplies to individuals without housing to do laundry in a dignified and private manner. Loads of Dignity partners with Hamilton’s Fast and Fluffy Laundromat to provide persons in need with funds and an appointment at the laundromat to ensure these patrons’ privacy and anonymity.
“When Loads of Dignity started in 2019 to offer their services to homeless and low-income families in the valley, they wanted to give those families the opportunity to go to the laundromat and wash their clothing or bedding for free,” says Hamilton Mayor Dominic Farrenkopf. “Not only do they provide quarters, but they also offer laundry detergent, fabric softener, and hygiene bags for adults and children. In addition to those bags, they give a bag to children (that contains) juice boxes, sensory toys, crackers, coloring books, crayons, and a book to read.
“The families up and down the valley really appreciate this laundry service as it is completely necessary but can also be a sizable expense for them. I compliment (founder) Stefani (Jackson) and the work that she has done with Loads of Dignity as she assists families by providing this vital need.”
Cross River Bank will also provide financial planning, and accounting experts will provide advisory services, to Loads of Dignity to assist in reviewing its existing business model for scalability, sustainability and replicability. It also provided an initial round of branded apparel for the nonprofit to sell to generate additional revenue.
“Impactful philanthropy is successful when our giving directly effectuates change in the lives of those we aim to serve,” says Miriam L. Wallach, head of social responsibility at Cross River. “Loads of Dignity provides acutely needed services that are essential to the Hamilton community, and we are honored to give assistance that will allow the organization to continue, and expand, on their incredible work.”
“I am truly grateful for Cross River’s dedication to go beyond helping us with their kind monetary donation, to making a commitment of continued financial guidance to expand past our current community and offer our services of dignity to other communities,” says Jackson.
Have a question or comment? E-mail our editor Bruce Beggs at [email protected].
