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WSFS CARES Foundation Strengthens Delaware Communities with $50,000 Grant to Fight Family Homelessness

via Business Wire

The WSFS CARES Foundation, the charitable giving arm of WSFS Financial Corporation (Nasdaq: WSFS), announced it is contributing a $50,000 grant to Social Finance, Inc. (Social Finance), a national nonprofit, for the recent launch of the Family Housing Opportunities for Purposeful Empowerment Project (Family HOPE Project), an initiative aimed at providing housing assistance to families experiencing homelessness in New Castle County, Delaware.

The WSFS CARES Foundation grant will support services for families at the New Castle County Hope Center who enroll in the Family HOPE Project. The Hope Center, a former hotel purchased and repurposed during the pandemic, provides short-term, emergency, and permanent supportive housing, as well as medical respite for people experiencing homelessness in Delaware. These services include an extended stay at the Hope Center, direct rental assistance, and ongoing case management paired with financial counseling.

“The Family HOPE Project will offer vital support for our community, and the WSFS CARES Foundation is committed to partnering with nonprofits that offer tangible support during a time of need,” said Patrick J. Ward, Executive Vice President, Senior Advisor at WSFS Bank and Chairman of the WSFS CARES Foundation. “WSFS is also pleased to support the Hope Center through volunteer efforts including during this year’s We Stand for Service Day.”

Social Finance is working with the county to create a measurable increase in permanent housing retention and decrease in shelter stays. “We are grateful to partners like the WSFS CARES Foundation for amplifying the impact of the Family HOPE Project,” said Samantha Mignotte Christian, Director at Social Finance. “Their commitment provides crucial support needed to empower families to achieve long-term housing stability.”

Individuals and families come to the Hope Center from one of 16 different referral groups including state agencies, hospitals, and nonprofit agencies. The facility serves more than 1,200 households a year, including people with special needs, veterans, and people over the age of 62. In 2024, nearly two-thirds of those households were families with children.

“The Hope Center has become a lifeline for hundreds of families in our community, and the Family HOPE Project represents the next step in helping them achieve long-term stability,” said New Castle County Executive Marcus Henry. “We’re grateful to the WSFS CARES Foundation for its partnership and investment in this effort. Their generosity will strengthen our work to ensure every family has the support, stability, and opportunity they need to succeed.”

About the WSFS CARES Foundation

The WSFS CARES Foundation brings WSFS’ mission of We Stand for Service® to life across the communities we serve. The mission of the WSFS CARES Foundation is to support qualified nonprofit service organizations within our regional footprint that are invested in improving communities, fostering a spirit of inclusion and diversity, and whose focus aligns with the WSFS CARES Foundation’s transformational vision. For more information, please visit https://www.wsfsbank.com/about/community/the-wsfs-cares-foundation/.

About WSFS Financial Corporation

WSFS Financial Corporation is a multibillion-dollar financial services company. Its primary subsidiary, WSFS Bank, is the oldest and largest locally headquartered bank and wealth management franchise in the Greater Philadelphia and Delaware region. As of September 30, 2025, WSFS Financial Corporation had $20.8 billion in assets on its balance sheet and $93.4 billion in assets under management and administration. WSFS operates from 114 offices, 88 of which are banking offices, located in Pennsylvania (58), Delaware (38), New Jersey (14), Florida (2), Nevada (1) and Virginia (1) and provides comprehensive financial services including commercial banking, consumer banking, treasury management, and trust and wealth management. Other subsidiaries or divisions include Arrow Land Transfer, Bryn Mawr Trust Advisors, LLC, Bryn Mawr Trust®, The Bryn Mawr Trust Company of Delaware, Cash Connect®, NewLane Finance®, WSFS Wealth Management, LLC, WSFS Institutional Services®, WSFS Mortgage®, and WSFS Wealth® Investments. Serving the Greater Delaware Valley since 1832, WSFS Bank is one of the ten oldest banks in the United States continuously operating under the same name. For more information, please visit www.wsfsbank.com.

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