To meet rising demand, The Community FoodBank of New Jersey has launched a capital campaign to raise $15 million to help renovate and expand existing facilities along with updating existing fleets and warehouse assets.
David Tepper, the founder of Appaloosa Management, L.P., has taken the lead as the driving force behind the campaign. Along with Mr. Tepper, Appaloosa Management, L.P. and the Bank of America Charitable Foundation, Inc., the campaign has already raised nearly $9 million.
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