KeyBank Foundation funding will elevate and amplify efforts that will strengthen communities through workforce training, financial education and economic development.
By Global FinTech Series News Desk
The KeyBank Foundation is investing a total of $1 million in several non-profit organisations in Central New York 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.
“At KeyBank, we take great pride in helping organisations that are doing transformative work in the communities we serve. These investments will help these non-profits make our region even stronger,” said Stephen Fournier, KeyBank Central New York Market President. “Each is aligned with our purpose of fostering thriving communities where everyone has a chance to succeed and grow.”
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Here are the organisations that will receive the grant:
Refugee & Immigrant Self Empowerment, Inc. (RISE) – $450,000
RISE’s Adult and Youth Workforce Development Program will be benefitted by the investment from the KeyBank Foundation. Youth served by this project will engage in career exploration and development services, including developing resumes, building interview skills, identifying career goals/pathways, and understanding the hiring process.The employment case managers will support the youth interested in finding employment during the summer months or afterschool. They will connect interested students with employers eager to hire refugee and immigrant community members.
This includes helping individuals prepare for interviews and submit applications, as well as interceding on RISE clients’ behalf during employer mediation. Additionally, staff will work to ensure that good connections continue to be strengthened between employee and employer by following up with clients once placed in the positions they desired.
This project aims to produce youth with well-defined goals and suited career paths as well as self-sufficient adults capable of supporting self, family and the nation.
A Tiny Home for Good – $150,000
In 2024, A Tiny Home for Good anticipates housing at least 44 people which is an additional 14 people than they currently house and their largest growth in a single year as a community to date. In 2025, they expect to welcome home an additional 10-15 people which would bring them close to 60 tenants. 93% or more of A Tiny Home for Good tenants will be retained or successfully exit to other stable housing. To match these needs, the KeyBanks investments will help in emergency repairs, pest control, property updates, transportation, cleaning assistance, appointment scheduling, benefit applications, general check-ins, responding to lock-outs, and neighbour intervention when necessary.
In addition to these two grants, KeyBank also recently invested a total of $400,000 in the following local organisations and programs:
Central New York Community Foundation
Ithaca Neighborhood Housing Services
MOST
Mothers & Babies Perinatal Network
OCC Foundation
Rural Preservation Company of Clinton County
SUNY Jefferson County Foundation
United Way of the Adirondack Region
“Building inclusive, equitable communities and ecosystems is central to the work all of these organisations do every day in Central New York,” said Tamika Otis, Corporate Responsibility Officer for KeyBank in Central New York. “We are honoured to stand with and support them in broadening their reach by serving and impacting even more people in our region.”
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