KeyCorp (NYSE: KEY) ranks 13th among the most generous cash giving companies in America according to BusinessWeek's December 1st special report, "America's Top Givers," and first-ever ranking of America's most philanthropic companies.

Described by BusinessWeek as "a snapshot of the biggest players in corporate philanthropy," the list ranks 15 companies based on "gifts as a percentage of revenues," citing Key with gifts totaling $17 million, 0.277% of its 2002 revenues.

Other companies listed include Computer Associates, Corning, Eli Lilly, Fifth Third Bancorp, Freeport-McMoRan Copper & Gold, General Mills, Guidant, Intel, Janus Capital Group, Medtronic, Nike, Northern Trust, T. Rowe Price, and Wells Fargo.

Philanthropy is a core competency at Key managed with the same rigor as its businesses and culturally engrained along with a strong sense of diversity and inclusion under the leadership of Margot J. Copeland, executive vice president, chair of the Key Foundation.

Key Foundation grants, corporate donations, and donations made by KeyBank in districts from Maine to Alaska are aimed at driving economic self-sufficiency through strategic emphasis on financial education and workforce development.

"Although Key's ratio of cash philanthropy to revenues in 2002 may appear impressive," says Copeland, "we're entirely focused -- not on the amount of dollars given -- but how effectively those dollars are put to use. Measurable benefits to residents touched by Key-funded programs have got to be there.

"We're thankful that philanthropic endeavors reflect well on Key but, in the truest sense, enriching the lives of people and the quality of life in the communities we serve is at the heart of who we are."

View BusinessWeek's ranking of America's Most Generous Cash Givers at http://www.businessweek.com/magazine/content/03_48/b3860619.htm .

Cleveland-based KeyCorp is one of the nation's largest bank-based financial services companies, with assets of approximately $84 billion. Key companies provide investment management, retail and commercial banking, consumer finance, and investment banking products and services to individuals and companies throughout the United States and, for certain businesses, internationally. The company's businesses deliver their products and services through KeyCenters and offices; a network of nearly 2,200 ATMs; telephone banking centers (1.800.KEY2YOU); and a Web site, Key.com(R), that provides account access and financial products 24 hours a day.

KeyBank

KeyBank

KeyCorp's roots trace back 190 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 $176.2 billion at March 31, 2021. 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 1,100 branches and more than 1,400 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. 

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