Burbank Community YMCA gets big money donation
Thursday, August 9th, 2012
The Burbank Community YMCA has received a $250,000 commitment from the Cusumano family — owners of the large commercial and residential property firm, Cusumano Real Estate Group. The Burbank Y made the announcement on Tuesday in a news release.
“The Cusumanos’ generous donation will go a long way in supporting the Y’s work—even beyond the needed building improvements,” JC Holt, CEO of the Y, said in the release. “The significance of a gift like this is that it is an investment in the future. It conveys the Cusumanos’ vote of confidence for our Y and their trust that we will continue to be here for the Burbank community.”
Michael Cusumano, Managing Director of the Cusumano Real Estate Group: “When we considered supporting the Y, we were particularly impressed with how the organization provides more than $350,000 a year in financial aid to help over 1,300 families with limited incomes use the programs and facilities. We like the idea of giving people a little help so they can help themselves.”
The Cusumanos’ donation will help fund the Y’s $3 million capital campaign, “Strong Today, Stronger Tomorrow, ” as well as its focus programs of Youth Development, Healthy Living, and Social Responsibility.