Get our newsletters

Area YMCAs sign management agreement with intent to merge

Posted

YMCA of Bucks and Hunterdon Counties and Greater Valley YMCA in the Lehigh Valley, will enter into a management agreement for Zane Moore, president/CEO of YMCA of Bucks and Hunterdon Counties, to provide executive leadership to Greater Valley YMCA beginning Sept. 1.

The boards of directors of both YMCAs separately voted to move forward with the agreement after several months of conversation between the two organizations. The conversations were initiated by Greater Valley YMCA anticipating the August 2023 retirement of its longtime CEO, David Fagerstrom.

“Once I announced my upcoming retirement, we began thinking as an organization about the best way to move forward,” said Fagerstrom. “Following an extensive period of due diligence, we feel that entering into this partnership with neighboring YMCA of Bucks and Hunterdon Counties will lead our Y toward a strong future of growth and service to our community.”

The management agreement provides a unique opportunity for the two Ys, which already have a shared mission and commitment to positively impact lives, to explore the possible benefits of merging the organizations. Exploration will include assessing organizational alignment, shared resources and efficiencies, and opportunities for learning from proven practices.

Following a period of due diligence, the boards of both Ys will evaluate whether merging the two organizations provides operational benefits and strengthens their ability to advance their mission.

“This is an exciting time for both Ys and will provide us with a great opportunity to learn from each other and establish collaborative connections,” said Moore. “Through this process, our goal is to strengthen both organizations, providing greater benefit and service to communities across Lehigh, Northampton, Hunterdon and Bucks counties.”

Both YMCAs are charitable, nonprofit organizations committed to strengthening communities through membership and programs that foster youth development, healthy living and social responsibility for all. Additionally, they support members of the community through food programs, residential and overnight sheltering services, educational resources, blood drives, and community service projects.


Join our readers whose generous donations are making it possible for you to read our news coverage. Help keep local journalism alive and our community strong. Donate today.


X