August 24, 2023
YMCA of Bucks and Hunterdon Counties in Pennsylvania and New Jersey, and Greater Valley YMCA in Pennsylvania, 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 September 1, 2023.
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 their 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, who 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 Zane Moore, President/CEO of YMCA of Bucks and Hunterdon Counties. “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.
About YMCA of Bucks and Hunterdon Counties
YMCA of Bucks and Hunterdon Counties is a charitable, nonprofit organization committed to strengthening communities through membership and programs that foster youth development, healthy living and social responsibility for all. Annually, the Y serves over 49,000 members and participants at its six member branches, seven child development centers, and nine camp locations across Bucks and Hunterdon counties. YMCA of Bucks and Hunterdon Counties provides over $5 million of community impact annually in the form of financial assistance to individuals and families in need and free programming for veterans, cancer survivors, older adults and more. To learn more visit ymcabhc.org.
About Greater Valley YMCA
The Greater Valley YMCA is a volunteer-led, nonprofit community organization serving more than 10,000 members Valleywide. The Y is committed to strengthening community by positively changing lives every day. At each of our Branches, we concentrate our efforts in three areas: Youth Development, Healthy Living and Social Responsibility. Our programs and services remain accessible to the community through our charitable mission; our Y distributed more than $700,000 in financial assistance and subsidy to neighbors in 2022 alone. The Greater Valley YMCA serves the Lehigh Valley and consists of Branches in Allentown, Bethlehem, Catasauqua, Easton, Nazareth, and Pen Argyl. To learn more, support, or join the Y, visit gv-ymca.org.