Submitted by KeyBank
KeyBank today announced several steps it is taking to support humanitarian efforts currently underway for the people of Ukraine. In a message to employees, Chris Gorman, KeyCorp Chairman and CEO, announced the following steps:
$150,000 in Grants from KeyBank Foundation.
KeyBank Foundation will give a $100,000 grant to the American Red Cross to support its efforts to provide food, water, and other essential items and services to the people of Ukraine. The Red Cross has teams on the ground in Ukraine and neighboring countries helping families and working to repair vital infrastructure, support health facilities with medicines and equipment, and support families with food and hygiene items. KeyBank Foundation will also make a $50,000 grant to UNICEF for its work supporting children and families impacted by the war in Ukraine.
1:1 Employee Matching Gift Program
KeyBank is launching a special 1:1 employee matching gift program through KeyBank Foundation that will help amplify and raise the collective voice of teammates in support of Ukraine. As part of this program, KeyBank Foundation will prove a dollar-for-dollar match for all employees up to $5,000, for several organizations supporting humanitarian efforts in Ukraine, including Americares, CARE, Project Hope, Save the Children, and World Central Kitchen.
In a message announcing the grants and matching gift program to KeyBank teammates, Chris Gorman said:
“Over the past week, we have witnessed Russia’s invasion of Ukraine with both shock and deep concern. The remarkable resilience of the Ukrainian people has been a source of inspiration for me and for the entire world. Together, we have a longstanding tradition of supporting communities near and far, especially in times like these. This is one of the many reasons I am proud to be part of the Key team.”
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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