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Columbia Bank Sponsors Historically Black College Scholarship Bike Ride from Newark to Washington DC

Press Release Image HBCU Scholarship Ride scaled

Cyclists Gear Up for 2022 HBCU Scholarship Ride. Image Courtesy of Columbia Bank 

the staff of the Ridgewood blog

Fair Lawn NJ,  Columbia Bank is proud to announce its sponsorship of the 2022 Historically  Black College or University (HBCU) Scholarship Ride, an annual 216 mile bike ride from Newark, New Jersey to Howard  University in Washington, DC. The program was instituted to raise scholarship monies awarded to high school graduates  in Newark who will attend an HBCU, and help bridge the gap between a deserving student’s desire for educational  excellence, and the ability to pay for that experience. 

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Columbia Bank’s participation is part of its commitment efforts to foster the Newark-area. The bank recently opened its  second branch in the city and continually supports many of its local charities and nonprofits. 

The 2022 HBCU Scholarship Ride is set to kick off on August 26th at 8:00 am. The Ride will depart from “The Yard” at  Military Park in Newark, New Jersey with a special stop including refreshments at 11:30 am at Columbia Bank’s 389  Route 18 South East Brunswick, New Jersey branch. After the two day route through Philadelphia and Maryland, The  Ride will commence on Sunday, August 28th at “The Yard” on Howard University’s main campus, followed by a finish line  celebration. Cyclists will chronicle their journey in real time. 

The HBCU Scholarship Ride started from founder Hassan Abdus-Sabur’s passion for giving black students the  opportunity to attend a HBCU. Having attended Howard University in the 90’s, he experienced the value a HBCU offers  young black minds. Due to unforeseen financial circumstances Abdus-Sabur had to return to Newark to help support his  family. On a whim, in August of 2020 during the height of the Coronavirus Pandemic and widespread economic  disparity, he reached out to five of his avid cyclist friends, explained his vision, and created a fundraiser centered around  a journey on bikes from Newark to Howard University. The group live-streamed their trek and turned to social media to  document the exciting voyage as they passed through four states in the heat of summer and encountered multiple  obstacles. The end result – they raised $6,500 to aid in the education of a young Newark woman. 

The fundraiser continues to grow each  year. The 2021 HBCU Scholarship Ride set  a goal of raising $25,000 to assist two  deserving students, but with the  outpouring of community support, $38,000  

was garnered. The additional money  resulted in not only being able to provide  a $10,000 scholarship to two Howard  University freshmen, but also smaller need based grants to five more Howard  students. 

With Columbia Bank proudly serving as the  2022 title sponsor donating $10,000, the  bar has been set even higher – with the  goal of raising $50,000. The money will be  divided amongst six newly graduated  

Newark students attending not only Howard University, but also Morgan State  University, University of Maryland Eastern  Shore and North Carolina Agricultural and Technical State University. 

Said Abdus-Sabur, “Thank you to Columbia Bank for being a Top-Tier sponsor of the HBCU Bike Ride this year. Their  contribution has made it possible to keep our promise to Newark students that we would not allow financial barriers to  infringe upon their dreams of attending an HBCU.” 

“As a true community bank, we are committed to do our part to support our neighborhoods and make them flourish. We  are so proud to sponsor the annual HBCU Scholarship Ride and help Newark students realize their dreams of furthering  their education,” said Thomas J. Kemly, President and CEO of Columbia Bank. 

To contribute to HBCU Scholarship Ride donations, please visit: https://www.gofundme.com/believe-in-newark hbcu  scholarship bike ride. All donations are 501c3 tax deductible through “The Believe in Newark Foundation.” 

Founded in 1927 and headquartered in Fair Lawn, NJ, Columbia Bank has 66 full-service branch networks spanning the  state of New Jersey, an asset base of approximately $9.8 billion. Columbia Bank offers a full suite of consumer and  commercial products, including online and mobile banking, localized lending centers as well as title, investment and  wealth management services. For more information about Columbia Bank’s complete line of products and services, visit  www.ColumbiaBankOnline.com

 

7 thoughts on “Columbia Bank Sponsors Historically Black College Scholarship Bike Ride from Newark to Washington DC

  1. More of the never ending pandering.
    I’ll choose a bank that focuses on service and fees instead of woke BS

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    1. It’s NOT pandering…. It’s TEXTBOOK RACISM.

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    2. Just to put this in perspective There are 101 Historically Black College’s , University of Southern California’s endowment is more than all of them put together

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    3. So helping underprivileged Children attend school is “woke BS”?

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      1. here, corrected that fer ya.

        So helping Non-White underprivileged Children attend school is “woke BS”?

  2. Do they sponsor any Historically White events?

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  3. The comments from ‘anonymous’ people is disturbing. Children choose the college they want to attend based on their specific need, curriculum and support systems. For anyone who oppose choice and personal ambition is anti-American.

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