KeyBank Invests More than $1.1 million to Support Several Non-Profit Organizations in the Capital Region

Rhea-AI Summary

KeyBank Foundation invested $1,120,000 in non-profit organizations in the Capital Region in 2023 to support workforce development and community initiatives. This is part of KeyBank's commitment to invest $40 billion in the communities it serves. The grants aim to support diversity, equity, and inclusion efforts. KeyBank has a tradition of supporting the community, and the investments are intended to strengthen neighborhoods. The funding includes support for organizations such as Trinity Alliance, Albany Black Chamber of Commerce, Affordable Housing Partnership, Albany Can Code, Albany College of Pharmacy and Health Sciences, and many others. KeyBank has a track record of community commitments totaling more than $1 billion in the Capital Region since 2017, supporting affordable housing, community development projects, small business and home lending, and transformative philanthropy.

Funding is lifting up and amplifying efforts that are strengthening communities through workforce training, financial education and economic development

ALBANY, NY / ACCESSWIRE / January 26, 2024 / In 2023, the KeyBank Foundation invested a total of $1,120,000 in several non-profit organizations in the Capital Region to support workforce development and community initiatives. These grants are part of KeyBank's commitment to invest $40 billion in the communities it serves and support diversity, equity, and inclusion efforts.

"KeyBank's purpose is to help the communities we serve thrive. With these investments, we are lifting up and amplifying efforts that will make our neighborhoods even stronger," said Fran O'Rourke, KeyBank Capital Region Market President. "Each of these organizations play a huge role in making Albany and the Capital Region a great place to live. KeyBank has a long and proud tradition of supporting this community and we are honored to help these non-profits continue their transformative work."

Included in this total are investments of $400,000 to help Trinity Alliance of the Capital Region expand food justice and family equity efforts and $200,000 to support capacity building initiatives at the Albany Black Chamber of Commerce, which facilitates economic development by implementing a one-stop shop of resources, networking and workshops to advance and empower Black and minority-owned businesses.

Other organizations receiving funding include:

• Affordable Housing Partnership
• Albany Can Code
• Albany College of Pharmacy and Health Sciences
• Albany Housing Coalition
• Albany Medical Center
• Bethesda House of Schenectady
• Capital District Women's Employment Resource Center
• Center for Disability Services
• Columbia County Recovery Kitchen
• Community Caregivers
• Community Empowerment Network
• The Cohoes Connect Project
• Franklin Community Center
• Girls Inc.
• Glens Falls Area Youth Center
• Homeless and Travelers Aid Society
• Joseph's House Shelter
• Living Resources
• Mission Accomplished Transition Services
• Our Ability Alliance
• The RED Bookshelf
• Unity House of Troy
• Williams-Francisco Initiative
• Women's Employment Resource Center
• YMCA of the Capital District

"We are honored to stand with and support these non-profits and help them broaden their reach by serving and impacting even more people in our region," said Tamika Otis, Corporate Responsibility Officer for KeyBank in the Capital Region. "Building inclusive, equitable communities and eco-systems is central to the work all of these organizations do every day in the Capital Region."

Since 2017, KeyBank has followed through on community commitments totaling more than $1 billion in the Capital Region supporting affordable housing and community development projects; small business and home lending to low-to-moderate income individuals and communities; and transformative philanthropy.

ABOUT KEYBANK

KeyBank's roots trace back nearly 200 years to Albany, New York. Headquartered in Cleveland, Ohio, KeyCorp is one of the nation's largest bank-based financial services companies, with assets of approximately $188 billion at December 31, 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 1,200 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 non-profit organizations in the Capital Region in 2023?

KeyBank Foundation invested a total of $1,120,000 in several non-profit organizations in the Capital Region in 2023.

What is KeyBank's commitment to invest in the communities it serves?

KeyBank's commitment is to invest $40 billion in the communities it serves.

Which organizations received funding from KeyBank Foundation?

Organizations such as Trinity Alliance, Albany Black Chamber of Commerce, Affordable Housing Partnership, Albany Can Code, Albany College of Pharmacy and Health Sciences, and many others received funding from KeyBank Foundation.

What is KeyBank's track record of community commitments in the Capital Region since 2017?

KeyBank has a track record of community commitments totaling more than $1 billion in the Capital Region since 2017, supporting affordable housing, community development projects, small business and home lending, and transformative philanthropy.