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New Jersey SHARES Receives Grant From PNC Bank Foundation

Saddle River, NJ — September 9, 2004 — Michael Nardo, Managing Director - PNC Capital Markets, presented the New Jersey Statewide Heating And Referral for Energy Services, Inc. (NJ SHARES) Board of Directors with a $10,000 technology grant for the organization to upgrade technology used to communicate with clients in crisis and process grants for middle and fixed income households in need of temporary utility assistance.

“On behalf of the Board of Directors, staff and our 64 non-profit human service agency partners, we want to thank the PNC Bank Foundation for supporting New Jersey SHARES and the middle and fixed income households that we assist”, said Jim Jacob, executive director of NJ SHARES. “PNC Bank Foundation’s contribution of $10,000 will be used to upgrade the NJ SHARES office telephone system which will in turn allow NJ SHARES to better assist clients who call with a crisis. Overall PNC Bank Foundation’s contribution will allow us to improve our intake process and provide more timely assistance to New Jersey households in need. Responsible corporate citizens like the PNC Bank make the challenging task of providing crisis assistance to families and individuals struggling to meet all of their financial obligations much easier.”

PNC Bank is dedicated to enhancing and enriching the quality of life in the community where PNC has a presence. “PNC Bank is proud to support NJ SHARES, which we believe is an important energy assistance program for middle and fixed income families in New Jersey, said Nardo.

NJ SHARES is an energy assistance program that assists those people who do not otherwise qualify for utility bill assistance through traditional programs. NJ SHARES helps households with a temporary financial hardship that could have resulted from a job loss, an illness or other misfortune. Each client fills out an application with the assistance of a local community- based organization. Eligibility is determined by the NJ SHARES

staff based on individual need. New Jersey SHARES grants are distributed year-round. To donate or apply for the NJ SHARES program, please call our toll free number (1-866-657-4273) or visit our website at www.njshares.org.

New Jersey SHARES is a statewide, non-profit 501(c) (3) organization which provides grants to pay the utility bills of households in need through a statewide network of 63 community-based social service agencies. The New Jersey SHARES Board consists of New Jersey’s seven natural gas and electric utilities (Conectiv, NUI Elizabethtown Gas, Jersey Central Power and Light, New Jersey Natural Gas, Rockland Electric, South Jersey Gas and Public Service Electric & Gas), six non-profit agencies (AARP, the Salvation Army, Association for Children of New Jersey, New Jersey Community Action Agencies, Catholic Charities and the Community Health Law Project), and three at-large members Verizon, PNC Bank, and Mr. Michael Swayze of Montclair.


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New Jersey SHARES
1901 North Olden Avenue Extension, Suite 1A | Ewing, NJ 08618
Phone: 609-883-1626 | Toll Free: 866-657-4273 | Fax: 609-883-6364 | Email info@njshares.org
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