KeyBank Foundation donations totaling
$385,000 given to 20 nonprofit
organizations
TARRYTOWN, N.Y., Dec. 15,
2023 /PRNewswire/ -- KeyBank announces twenty (20)
charitable donations made by KeyBank Foundation, the bank's
charitable foundation to nonprofit organizations throughout its
Hudson Valley/Metro New York market. The gifts focus support
to address homelessness, financial literacy, education, workforce
development, minority small business development, and more.
The charitable donations total $385,000 and are part of KeyBank's community
philanthropic efforts targeted toward education, workforce
development, and safe, vital neighborhoods.
"KeyBank's commitment to the communities we serve is at the
heart what we stand for," said KeyBank Market President
John Manginelli. "We value the
partnerships we have with local nonprofit organizations and are
proud to support their important community work."
The charitable donations range from $10,000 to $50,000
and have been made to the following community organizations:
Education
- El Centro Hispano, White
Plains, NY to support its scholarship fund for Hispanic high
school students.
- Girls Inc., White Plains,
NY for its College and Career Readiness and SAT/ACT Prep for
girls in underserved and under-resourced areas within Westchester County.
- Housatonic Community
College, Bridgeport, CT
to support the Family Economic Security Program (FESP) that aims to
increase college success rate for low-income, female students of
color who are parents (majority single mothers) and working
part-time or full-time while in college.
- Sister to Sister International Inc., Yonkers, NY for the STEAM Academy that exposes
Black and girls of color in grades 6 – 12 to STEM/STEAM fields
while enhancing their academic proficiency in math and science,
along with leadership development and college readiness
skills.
Workforce Development
- Community Outreach Center, Monsey, NY to support its Workforce
Capacity-building Initiative for unemployed and low-income earners
in Rockland County.
- Greenwich House, New York,
NY to offer OSHA and Site Safety Training to New York City
Housing Authority (NYCHA) tenants, helping them secure advanced
training, pre-apprenticeships, and jobs in construction and
maintenance.
- New York Urban League Inc.'s Career Preparation
Institute to address the employment disparities that Black and
Latinx New Yorkers face by providing vital services and resources
that connect employers to job seekers for jobs that provide a
living wage and good benefits.
- WE ACT for Environmental Justice, New York, NY, for its Worker Training program
to help remove barriers and create job opportunities in the Green
Energy Industry for unemployed and underemployed residents in
Northern Manhattan.
- Seasoned Gives, Lake Katrine,
NY to support its Bank Tank program that provides resources
and mentoring to minority small business owners and
entrepreneurs.
Safe, Vital Neighborhoods (includes affordable housing,
minority-owned small businesses, financial literacy, health and
wellness, basic needs, and social equity)
- American Red Cross of Eastern New
York to support relief efforts due to excessive flooding
experienced earlier this year.
- Bowery Mission, New York,
NY to support its Continuum of Care Services for New Yorkers
experiencing homelessness, food insecurity and other crises.
- Center for Safety & Change, New City, NY for its Transitional and Housing
Support Program to help individuals and families transition from
emergency shelter into affordable permanent housing.
- Cents Ability, New York,
NY to expand its financial literacy program for underserved
teens.
- Family Services Inc., Poughkeepsie, NY to support its Teen Resource
Activity Center for low- and moderate-income teens.
- Leviticus 25-23 Alternative Fund Inc., Tarrytown, NY to support its Affordable and
Supportive Housing Lending Program to alleviate poverty and improve
the economic and social conditions of low-income individuals and
families.
- Sullivan Country Federation for the Homeless,
Monticello, NY to assist
low-income individuals and families in Sullivan County with short-term rent, mortgage
and utility assistance.
- Youth Mission Outreach Needle in a Haystack,
Poughkeepsie, NY to support its
food bank operations.
- RETHINK Food, New York,
NY to support its restaurant program, which partners local
restaurants with community-based organizations, using the
restaurants' existing infrastructures to prepare meals for food
insecure populations distributed through community
organizations.
- Sheltering the Homeless is Our Responsibility (SHORE),
White Plains, NY to support
subsidized housing, case management and supportive resources to
those who are homeless, formerly homeless, or are at risk of being
homeless.
- Green City Force, Brooklyn,
NY to engage approximately 100 young BIPOC adults a year in
six to ten-month full-time AmeriCorps service terms.
This list does not include KeyBank Foundation multi-year
community impact commitments made to YWCA White Plains &
Central Westchester, Lifting Up Westchester, and Food Bank of the
Hudson Valley announced previously, as well as Foundation-matched
donations to United Way agencies throughout the market through the
bank's annual employee giving campaign.
About KeyCorp/KeyBank
KeyCorp's (NYSE: KEY) roots
trace back nearly 200 years to Albany,
New York. Headquartered in Cleveland, Ohio, Key is one of the nation's
largest bank-based financial services companies, with assets of
approximately $187.8 billion at
September 30, 2023. Key provides deposit, lending, cash management,
and investment services to individuals and businesses in 15 states
under the name KeyBank National Association through a network of
approximately 1,000 branches and approximately 1,300 ATMs. Key also
provides a broad range of sophisticated corporate and investment
banking products, such as merger and acquisition advice, public and
private debt and equity, syndications and derivatives to middle
market companies in selected industries throughout the United States under the KeyBanc Capital
Markets trade name. For more information,
visit https://www.key.com/. KeyBank is Member FDIC.
About KeyBank Foundation:
KeyBank Foundation serves to fulfill KeyBank's purpose to help
clients and communities thrive, and its mission is to support
organizations and programs that prepare people for thriving
futures. The Foundation's mission is advanced through three
funding priorities – neighbors, education, and workforce – and
through community service. To provide meaningful philanthropy that
transforms lives, KeyBank Foundation listens carefully to
understand the unique characteristics and needs of its communities
and then backs solutions with targeted philanthropic investments.
KeyBank Foundation is a nonprofit charitable foundation, funded by
KeyCorp.
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