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KeyBank Foundation Invests $3 Million in Eight Cleveland Area Non-Profit Organizations

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KeyBank Foundation has announced $3 million in grants to eight Cleveland area non-profit organizations for 2024. The funding will support workforce development, education, and initiatives for creating safe, healthy, affordable and inclusive communities. Recipients include the Cleveland Institute of Art, Boys & Girls Clubs of Northeast Ohio, Enterprise Community Partners, College Now Greater Cleveland, May Dugan Center, Cleveland Neighborhood Progress, The Cleveland Orchestra, and The Cleveland Museum of Natural History.

Since 2017, KeyBank has invested over $1.8 billion in the Cleveland market, focusing on affordable housing, community development, small business lending, and philanthropy. KeyCorp, headquartered in Cleveland, has assets of approximately $190 billion as of September 30, 2024, operating through approximately 1,000 branches and 1,200 ATMs across 15 states.

La KeyBank Foundation ha annunciato $3 milioni in sovvenzioni a otto organizzazioni non profit della zona di Cleveland per il 2024. Il finanziamento supporterà lo sviluppo della forza lavoro, l'istruzione e iniziative per creare comunità sicure, sane, accessibili e inclusive. I beneficiari includono il Cleveland Institute of Art, i Boys & Girls Clubs del Northeast Ohio, Enterprise Community Partners, College Now Greater Cleveland, May Dugan Center, Cleveland Neighborhood Progress, The Cleveland Orchestra e il Cleveland Museum of Natural History.

Dal 2017, KeyBank ha investito oltre $1,8 miliardi nel mercato di Cleveland, concentrandosi su abitazioni accessibili, sviluppo comunitario, prestiti a piccole imprese e filantropia. KeyCorp, con sede a Cleveland, possiede attivi per circa $190 miliardi al 30 settembre 2024, operando attraverso circa 1.000 filiali e 1.200 sportelli automatici in 15 stati.

La Fundación KeyBank ha anunciado $3 millones en subvenciones a ocho organizaciones sin fines de lucro del área de Cleveland para el año 2024. La financiación apoyará el desarrollo de la fuerza laboral, la educación y las iniciativas para crear comunidades seguras, saludables, asequibles e inclusivas. Los beneficiarios incluyen el Cleveland Institute of Art, los Boys & Girls Clubs del Northeast Ohio, Enterprise Community Partners, College Now Greater Cleveland, May Dugan Center, Cleveland Neighborhood Progress, The Cleveland Orchestra y el Cleveland Museum of Natural History.

Desde 2017, KeyBank ha invertido más de $1.8 mil millones en el mercado de Cleveland, enfocándose en vivienda asequible, desarrollo comunitario, préstamos a pequeñas empresas y filantropía. KeyCorp, con sede en Cleveland, tiene activos de aproximadamente $190 mil millones a partir del 30 de septiembre de 2024, operando a través de aproximadamente 1,000 sucursales y 1,200 cajeros automáticos en 15 estados.

키뱅크 재단은 2024년 클리블랜드 지역의 8개 비영리 기관에 300만 달러의 보조금을 발표했습니다. 해당 자금은 인력 개발, 교육 및 안전하고 건강하며 저렴하고 포용적인 커뮤니티를 만드는 이니셔티브를 지원할 예정입니다. 수혜 기관으로는 클리블랜드 예술대학교, 북동부 오하이오 소년 소녀 클럽, 엔터프라이즈 커뮤니티 파트너스, 컬리지 나우 그레이터 클리블랜드, 메이 듀건 센터, 클리블랜드 이웃 진보, 클리블랜드 오케스트라, 그리고 클리블랜드 자연사 박물관이 포함됩니다.

2017년 이후, 키뱅크는 클리블랜드 시장에 18억 달러 이상을 투자했으며, 저렴한 주택, 지역 개발, 소규모 기업 대출 및 자선 활동에 집중하고 있습니다. 클리블랜드에 본사를 두고 있는 키코프는 2024년 9월 30일 기준으로 약 1,900억 달러의 자산을 보유하고 있으며, 15개 주에서 약 1,000개 지점과 1,200대의 ATM을 운영하고 있습니다.

La Fondation KeyBank a annoncé 3 millions de dollars de subventions à huit organisations à but non lucratif dans la région de Cleveland pour l'année 2024. Ce financement soutiendra le développement des compétences, l'éducation et les initiatives visant à créer des communautés sûres, saines, abordables et inclusives. Les bénéficiaires incluent le Cleveland Institute of Art, les Boys & Girls Clubs du Northeast Ohio, Enterprise Community Partners, College Now Greater Cleveland, le May Dugan Center, Cleveland Neighborhood Progress, l'Orchestre de Cleveland et le Musée d'Histoire Naturelle de Cleveland.

Depuis 2017, KeyBank a investi plus de 1,8 milliard de dollars sur le marché de Cleveland, en mettant l'accent sur le logement abordable, le développement communautaire, le prêt aux petites entreprises et la philanthropie. KeyCorp, dont le siège est à Cleveland, possède des actifs d'environ 190 milliards de dollars au 30 septembre 2024, avec environ 1 000 agences et 1 200 distributeurs automatiques de billets dans 15 États.

Die KeyBank-Stiftung hat 3 Millionen Dollar an Zuschüssen für acht gemeinnützige Organisationen im Raum Cleveland für das Jahr 2024 angekündigt. Die Mittel werden die Entwicklung der Arbeitskräfte, Bildung und Initiativen zur Schaffung sicherer, gesunder, bezahlbarer und inklusiver Gemeinschaften unterstützen. Zu den Empfängern gehören das Cleveland Institute of Art, die Boys & Girls Clubs von Northeast Ohio, Enterprise Community Partners, College Now Greater Cleveland, das May Dugan Center, Cleveland Neighborhood Progress, das Cleveland Orchestra und das Cleveland Museum of Natural History.

Seit 2017 hat KeyBank über 1,8 Milliarden Dollar in den Cleveland-Markt investiert, mit Fokus auf bezahlbaren Wohnraum, Gemeinwohlentwicklung, Kleinstkredite und Philanthropie. Die KeyCorp mit Hauptsitz in Cleveland besitzt zum 30. September 2024 Vermögenswerte von etwa 190 Milliarden Dollar und betreibt rund 1.000 Filialen und 1.200 Geldautomaten in 15 Bundesstaaten.

Positive
  • Demonstrates strong community investment with $3 million in local grants
  • Significant market presence with $1.8 billion in Cleveland investments since 2017
  • Solid asset base of $190 billion as of September 2024
  • Extensive operational network with 1,000 branches and 1,200 ATMs across 15 states
Negative
  • None.

NORTHAMPTON, MA / ACCESSWIRE / December 5, 2024 / KeyBank
Chosen community organizations will use grant dollars to improve the lives of Northeast Ohioans

Today, KeyBank and the KeyBank Foundation proudly announced their support for eight exceptional nonprofit organizations in 2024, providing grants totaling $3 million. This significant financial contribution is aimed at empowering these organizations to further their missions of fostering positive change and growth throughout Northeast Ohio.

Specifically, grant funds will be directed toward critical areas such as workforce development, education, and initiatives focused on creating safe, healthy, affordable and inclusive communities. These efforts reflect KeyBank's unwavering commitment to nurturing the wellbeing of the clients and communities it serves, ensuring all have the opportunity to flourish.

"Some of the most impactful work we do takes place beyond the confines of our offices, in our communities where it truly matters," said Kelly Lamirand, KeyBank Cleveland Market President. "We firmly believe that these strategic investments will not only enhance the resilience of our communities but also infuse them with vibrancy and stability. I want to take this opportunity, on behalf of everyone at Key, to express our heartfelt gratitude to these organizations for their tireless dedication and daily contributions that help our hometown thrive."

The organizations that have been awarded funding from the KeyBank Foundation include:

Since 2017, KeyBank has made community investments totaling more than $1.8 billion in its hometown Cleveland market, supporting affordable housing and community development projects; small business and home lending; and transformative philanthropy.

ABOUT 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 $190 billion at September 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 is Member FDIC.

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 the original press release on accesswire.com

FAQ

How much did KeyBank Foundation invest in Cleveland non-profits for 2024?

KeyBank Foundation invested $3 million in eight Cleveland area non-profit organizations for 2024.

What is KeyBank's (KEY) total investment in the Cleveland market since 2017?

KeyBank has invested more than $1.8 billion in the Cleveland market since 2017, supporting affordable housing, community development, small business lending, and philanthropy.

What were KeyBank's (KEY) total assets as of September 30, 2024?

KeyBank reported total assets of approximately $190 billion as of September 30, 2024.

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