KeyBank Announces Charitable Donations to Maine Nonprofits

Rhea-AI Summary

KeyBank and KeyBank Foundation announce $347,000 in charitable donations to nonprofit organizations in Maine, focusing on homelessness, food insecurity, financial literacy, and preventative healthcare.

Positive

• KeyBank and KeyBank Foundation have made charitable donations totaling $347,000 to nonprofit organizations in Maine. These donations support education, workforce development, and safe neighborhoods, benefiting communities throughout the state.

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• None.

Donations total $347,000 for twenty-one organizations across the state of Maine

PORTLAND, ME / ACCESSWIRE / October 16, 2023 / KeyBank and KeyBank Foundation announce (21) twenty-one charitable donations made recently to nonprofit organizations in Maine. The gifts focus support to address homelessness, food insecurity, financial literacy, preventative healthcare and more. The charitable donations total $347,000 and are part of KeyBank's community philanthropic efforts targeted toward education, workforce development, and safe, vital neighborhoods.

"At KeyBank, our mission is helping our clients and communities thrive, and that includes supporting local nonprofits that improve the health and vibrancy of the communities we serve," said KeyBank Maine Market President Tony DiSotto. "With these recent donations, we have been able to invest in communities throughout the state of Maine. We value these community partners and are proud to support their work."

The charitable donations announced have been made to the following community organizations:

Education

• Aroostook County Action Program for its Connecting Aroostook Youth with Local Employment (CAYLE) program which supports to low-income Aroostook County high school and college-aged students with employment, job-shadowing, and on-the-job training with local employers.
• Junior Achievement for its high school financial literacy curriculum.
• Olympia Snowe Women's Leadership Institute for its "My Values," "My Voice" and "My Vision" program at Lewiston High School
• Portland Housing Services Corporation to provide financial support for post-secondary education to low-income subsidized housing residents through its Portland Housing Scholarship Fund.
• The Mitchell Institute in support of its goal of increasing educational opportunity for Maine students.
• Tree Street Youth Inc. for their Motivating Adolescence Pursuing Leadership Experiences (MAPLE) providing social-emotional development, academic success, leadership skills, workforce development and college/career prep for at-risk teens and young adults.

Workforce Development

• Give It. Get It to support its Digital Inclusion and Equity Sponsorship Fund, which provides refurbished personal computers and technical training in an effort to help people break the cycle of poverty, underemployment, and dependence on social services through inclusion in digital community spaces and overall Digital Equity.
• Greater Portland Immigrant Welcome Center to support instruction in digital technology, financial literacy and online marketing as part of a comprehensive training and technical assistance program to stimulate new business startups led by immigrant women.
• McCauley House to support +MPower Workforce Development program which provides workforce and skills training and career pathway coaching for New Mainers.

Safe, Vital Neighborhoods (includes affordable housing, health and wellness, basic needs, and social equity)

• Bangor Homeless Shelter under Neighbors for emergency shelter and supportive services to people who are homeless or at risk and to advocate for collaborative, locally driven solutions to end homelessness.
• Furniture Friends to support their furniture donation program to people in need throughout Greater Portland.
• Good Shepherd Food Bank to support the food bank's procurement and distribution of nutritious, culturally relevant food for people in need across the state.
• Maine Inside Out supporting their theater programs about social change.
• Maine Medical Center to support the center's Preventive Medicine Enhancement Program for Maine (PrevME).
• Portland Trails for the Healthier Neighborhoods for All (HNFA) program, which aims to improve the health of Portland's neighborhoods, with a focus on low-income, BIPOC, and immigrant residents, by increasing awareness and usage of local trails and outdoor spaces.
• SCORE Maine for its small business workshop and webinar programs serving low-income business start-ups and current small business owners.
• Spurwink to help them provide behavioral health care, substance use disorder services and support services for people of all ages, abilities, and backgrounds, and their families.
• Sweetser to support the organization's statewide network of community-based mental health, recovery, and educational services.
• The Third Place for their coworking collaborative to support Black entrepreneurs, emerging leaders and creatives.
• Trinity Jubilee Center Inc. to support The Day Shelter and Resource Center, a client-directed and comprehensive hub for homeless, housing insecure, and low-income residents of Lewiston-Auburn.
• United Way Women United supporting education, financial stability, and health of single mothers and their children in Southern Maine.

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 $195 billion at June 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.

View additional multimedia and more ESG storytelling from KeyBank on 3blmedia.com.

Contact Info:
Spokesperson: KeyBank
Website: https://www.3blmedia.com/profiles/keybank
Email: info@3blmedia.com

SOURCE: KeyBank

View source version on accesswire.com:
https://www.accesswire.com/793425/keybank-announces-charitable-donations-to-maine-nonprofits

FAQ

What organizations received donations from KeyBank and KeyBank Foundation?

KeyBank and KeyBank Foundation made charitable donations to twenty-one organizations in Maine.

What areas do the donations focus on?

The donations focus on addressing homelessness, food insecurity, financial literacy, and preventative healthcare.

How much money was donated?

A total of $347,000 was donated by KeyBank and KeyBank Foundation.

What is the goal of KeyBank's philanthropic efforts?

KeyBank's philanthropic efforts aim to support education, workforce development, and safe, vital neighborhoods.

Why does KeyBank support local nonprofits?

KeyBank supports local nonprofits to improve the health and vibrancy of the communities they serve.