STOCK TITAN

KeyBank Foundation Awards $30,000 Grant to The Immokalee Foundation

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

KeyBank Foundation has awarded a $30,000 grant to The Immokalee Foundation aimed at supporting its Career Pathways Program, which prepares students for high-demand careers in various fields such as Business Management and Healthcare. With over 31 years of educational service, the Foundation focuses on career readiness for financially disadvantaged students. This grant is part of KeyBank's broader plan to invest over $29 billion in community development and educational initiatives since 2017. KeyBank Foundation allocated $630,000 in grants in 2022 to assist nonprofits in Southern Florida.

Positive
  • KeyBank Foundation's $30,000 grant supports education and career readiness for disadvantaged students.
  • The Immokalee Foundation's Career Pathways Program has a successful track record over 31 years.
  • $630,000 in grants provided by KeyBank Foundation to Southern Florida nonprofits in 2022, enhancing community impact.
Negative
  • None.

Originally published on South Central Florida Life

NAPLES, FL / ACCESSWIRE / February 28, 2023 / KeyBank Foundation has committed a charitable grant of $30,000 to support The Immokalee Foundation's Career Pathways Program, an innovative educational approach that prepares students for well-paying, in-demand professional careers in Business Management & Entrepreneurship, Education & Human Services, Engineering & Construction Management and Healthcare.

For more than 31 years, The Immokalee Foundation has maintained a 100% focus on education, career readiness, and professional development for students in Immokalee-from kindergarten to postsecondary education.

The Foundation's award-winning Career Pathways Program serves highly motivated yet financially disadvantaged students, enabling them to earn industry-recognized certifications and credentials or a college degree leading to lifelong careers and financial independence.

KeyBank's Michael T. Schneider, Florida Market President and Key Private Bank Market Leader, James A. Bitonte, SVP and Senior Portfolio Strategist, and Karen Crane, Sr. Communications Manager, recently visited The Immokalee Foundation to personally experience some of the Foundation's robust educational programming and meet some of the student beneficiaries of their contribution.

"KeyBank Foundation is committed to partnering with community organizations whose mission is to improve the lives of disadvantaged populations in our neighborhoods through education, workforce development, and community investment," Schneider said. "The Immokalee Foundation's mission to prepare the next generation of professionals through education, career readiness, and professional development for deserving students in Immokalee aligns perfectly with KeyBank's philanthropic focus areas and we are proud to support their work."

KeyBank Foundation's grant is made under Key's National Community Benefits Plan established in 2017, which has already delivered more than $29 billion in lending and investments across Key's national footprint supporting affordable housing and community development projects, home and small business lending in low- and-moderate income communities, and philanthropic efforts targeted toward education, workforce development, and safe, vital neighborhoods. In 2022, KeyBank Foundation provided $630,000 in grants to nonprofits serving disadvantaged individuals and families in southern Florida.

"The success of any financial organization is predicated on the success of those in the community they serve," said Noemi Y. Perez, President and CEO of The Immokalee Foundation. "Through their generous contribution to our Career Pathways Program, KeyBank Foundation is investing in the future of Southwest Florida-our collective potential as well as our shared success. I extend my heartfelt gratitude on behalf of the hardworking students of Immokalee."

About Key Private Bank:
Key Private Bank is a leading provider of wealth management solutions and advice for high-net worth and ultra-high-net-worth clients, including wealth advisory, investment management, trust administration, customized credit, family office and private banking services. Key's wealth management platform combines the market insights of local advisors with a national team of wealth and investment strategists to deliver proactive and personalized advice and expertise to clients. Advisors also leverage partnerships with Key's business banking and capital markets teams to build wealth plans tailored to meet each client's specific need. Key Private Bank's wealth management platform is delivered across 15 of the United States. Key Private Bank has $48.0 billion in AUM and $66.6 billion in AUA at December 31, 2022.

About The Immokalee Foundation:
To learn more about The Immokalee Foundation, become a mentor, signature events, volunteer as a career panel speaker or host, donate, or include the Foundation in your estate plans, please call 239-430-9122 or visit immokaleefoundation.org.

KeyBank, Tuesday, February 28, 2023, Press release picture

Immokalee Foundation Business Management & Entrepreneurship Pathway students Daisy H., Daniel A. & Lionisia C. with KeyBank's Karen Crane, Michael T. Schneider and James A. Bitonte

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/741174/KeyBank-Foundation-Awards-30000-Grant-to-The-Immokalee-Foundation

FAQ

What is the purpose of KeyBank's $30,000 grant to The Immokalee Foundation?

The grant supports The Immokalee Foundation's Career Pathways Program, which prepares students for in-demand careers.

How long has The Immokalee Foundation been operational?

The Immokalee Foundation has been focused on education and career readiness for over 31 years.

How much has KeyBank invested in community development since 2017?

KeyBank has invested over $29 billion in community development since establishing its National Community Benefits Plan in 2017.

What types of careers does the Career Pathways Program prepare students for?

The program prepares students for careers in Business Management, Healthcare, Engineering, and more.

KeyCorp

NYSE:KEY

KEY Rankings

KEY Latest News

KEY Stock Data

19.00B
987.28M
0.34%
82.85%
1.77%
Banks - Regional
National Commercial Banks
Link
United States of America
CLEVELAND