Submitted by KeyBank
PITTSBURGH – The KeyBank Foundation announced it has invested $500,000 in The Pittsburgh Promise to support the organization’s vision of equipping urban youth with the tools they need to reach post-secondary success, as well as driving economic growth in the region. Key’s latest investment brings their support total to $1.5 million, contributing to additional scholarships for KeyBank Scholars of The Pittsburgh Promise
“For more than a decade, The Pittsburgh Promise has helped transform the lives of thousands of students within the Pittsburgh area,” said Dwayne Finney, KeyBank Western Pennsylvania Market President. “At Key, we are dedicated to connecting our neighbors to opportunities that allow them to thrive and this is one of the many ways we can accomplish that. We are so proud to support the ongoing mission of The Pittsburgh Promise and give students across the region hope for a bright future.”
The Pittsburgh Promise has raised $231 million of its $265 million fundraising goal and has invested more than $161 million in post-secondary scholarships for over 10,600 urban youth. Nearly 4,000 Promise scholarship recipients have graduated with a post-secondary degree and have added value to the regional workforce at over 650 local organizations.
“We are so grateful for KeyBank’s partnership and commitment to Pittsburgh’s students. Their ongoing support adds more muscle to our service to students and more strength to the diversity and preparedness of our region’s workforce,” said Pittsburgh Promise Executive Director Saleem Ghubril.
Read more about KeyBank’s efforts to support The Pittsburgh Promise here:
About The Pittsburgh Promise
The Pittsburgh Promise promotes high educational aspirations among urban youth, funds scholarships for post-secondary access, and fuels a prepared and diverse regional workforce. To date, The Promise has invested more than $161 million in scholarships to send more than 10,600 urban youth to a post-secondary institution. Over 3,700 Promise Scholars have graduated, and many are now working, and giving back, in the Pittsburgh region. Promise Alumni have added value to the region's workforce at over 650 companies. Pittsburgh has the largest Promise program in the United States. For more information visit www.pittsburghpromise.org.
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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