KeyBank Foundation donations totaling $385,000 given to 20 nonprofit organizations
Published 11-15-23
Submitted by KeyBank
TARRYTOWN, N.Y., November 15, 2023 /CSRwire/ – KeyBank announces (20) twenty 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
Workforce Development
Safe, Vital Neighborhoods (includes affordable housing, minority-owned small businesses, financial literacy, health and wellness, basic needs, and social equity)
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 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.
KeyCorp's 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 billion at June 30, 2024.
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 1,200 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 Member FDIC.
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