National Museum of Industrial History receives $15,000 grant from BB&T and LVCF
Lehigh Valley, Pa., November 19, 2018—The National Museum of Industrial History received a generous $15,000 grant from the BB&T Economic Growth Fund of the Lehigh Valley Community Foundation.
“We are so thankful to BB&T for their commitment to supporting non-profit organizations that enhance economic vitality and quality of life in the Lehigh Valley,” said NMIH President & CEO Kara Mohsinger. “This grant will ensure that NMIH can continue to provide thought-provoking exhibits and engaging programs that tell the stories of the people, machines and ideas that shaped American industry and inspire the next generation of inventors, innovators and achievers.”
“BB&T has a long history of supporting our communities,” said BB&T Community Banking Group Executive Scott V. Fainor. “We are proud to provide community leadership at this level and play a role in the future health and prosperity of the Lehigh Valley.”
In conjunction with the BB&T/National Penn merger, $5 million was donated to two local foundations, Berks County Community Foundation and Lehigh Valley Community Foundation, with each receiving $2.5 million to establish a BB&T Economic Growth Fund.
“Working with Scott Fainor and the leadership of the BB&T Economic Growth Fund in making these important investments in the growth of the Lehigh Valley has been a tremendously rewarding experience,” said Bernie Story, president and CEO of the Lehigh Valley Community Foundation. “Our partnership with BB&T in support of the region has proven to be a great example of deep philanthropic impact which has become a standard for both the Lehigh Valley Community Foundation and BB&T.”
About the National Museum of Industrial History
A Smithsonian Institution-affiliate, the National Museum of Industrial History is dedicated to preserving America’s rich industrial heritage. Housed in an 18,000-square-foot, 100-year-old former Bethlehem Steel facility on the largest private brownfield in America, the Museum is home to exciting exhibits, engaging programs and amazing history. Learn more at nmih.org
BB&T is one of the largest financial services holding companies in the U.S. with $222.9 billion in assets and market capitalization of approximately $37.4 billion, as of September 30, 2018. Building on a long tradition of excellence in community banking, BB&T offers a wide range of financial services including retail and commercial banking, investments, insurance, wealth management, asset management, mortgage, corporate banking, capital markets and specialized lending. Based in Winston-Salem, North Carolina, the company operates more than 1,900 financial centers in 15 states and Washington, D.C., and is recognized consistently for outstanding client service by Greenwich Associates for small business and middle market banking. More information about BB&T and its full line of products and services is available at BBT.com.
About Lehigh Valley Community Foundation
For more than five decades, the Lehigh Valley Community Foundation has helped donors with their charitable contributions with a simple, powerful, and highly personalized approach. LVCF is a philanthropic hub for the Lehigh Valley—who knows and navigates the landscape of the Lehigh Valley’s community needs to connect people who care to causes that matter.
With a diverse and respected Board of Governors, the Community Foundation is a tax-exempt 501(c)3 organization located in Allentown, Pennsylvania. The Foundation is cause-neutral and supports all areas of community needs in the Lehigh Valley and beyond in compliance with the National Standards for U.S. Community Foundations. Learn more at: www.lvcfoundation.org