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11/14/08

Metuchen group gets $50G grant to support charter schools


METUCHEN —Real Estate Advisory and Development Services has received a $50,000 grant to support its work with charter schools in North Jersey from the Bodman Foundation.

Founded in 2003 and based in Metuchen, READS provides on-the-ground support for charter schools as they seek and take possession of permanent facilities of their own.

"New Jersey's charter schools provide high-quality education services, but the majority lack the capacity or knowledge to buy property and develop facilities either to open or to meet the needs of their growing enrollments," said Brian Keenan, president and founder of READS.

The Bodman Foundation was established by George M. Bodman and his wife, Louise Clarke Bodman, in 1945.

READS is a nonprofit real estate development company committed to building strong organizations and communities.

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