Released 2 hours ago
Submitted by KeyBank
WALLINGFORD, Conn., Jan. 31, 2023 /CSRwire/ — Connecticut Foodshare has received a US$500,000 charitable grant from the KeyBank Foundation, payable over three years. The funding will help Connecticut Foodshare improve and develop the Mobile Pantry, its flagship direct service program. This “pantry on wheels” distributes groceries to those in need who do not have close proximity to a supermarket or pantry, or may not have a vehicle or the physical means to access other resources. Connecticut Foodshare currently operates over 100 Mobile Pantry locations nationwide. In 2022, the program distributed 4.9 million pounds of food and served an average of 17,718 food insecure households per month.
“Our mobile pantry program provides thousands of households with nutritious groceries each month, including desirable items like fruits and vegetables. We are so grateful to our friends at KeyBank for supporting this vital resource for so many families across our state,” said Jason Jakubowski, President and CEO of Connecticut Foodshare.
With grant funding from the KeyBank Foundation, Connecticut Foodshare will make a number of planned strategic improvements to the Mobile Pantry program that will greatly benefit Hartford and New Haven counties over the next three years. These progressive improvements will foster a more holistic overall customer experience that is consistent, reliable, accessible, welcoming and inclusive to everyone in need. In 2022, Connecticut Foodshare distributed 3.1 million pounds of groceries per month to an average of 12,377 homes in Hartford and New Haven counties. With the help of KeyBank, the food bank expects to increase distribution to at least £4.5million, reaching more than 14,000 homes a month this financial year.
“KeyBank is committed to partnering with community organizations dedicated to improving the lives of underserved populations and communities in which we operate,” said Matthew Hummel, KeyBank Connecticut and Western Massachusetts Market President. “Connecticut Foodshare works tirelessly to end hunger statewide and we are proud to support their Mobile Pantry program to reach all residents struggling with food insecurity.”
KeyBank Foundation grants are provided under the National Community Benefits Plan, established in 2017, which has already provided more than $29 billion in loans and investments across Key’s national footprint to support affordable housing and community development projects, home ownership and small business lending in low – and moderate-income communities and philanthropic efforts aimed at education, human development and safe, vital neighborhoods.
On January 25, KeyBank executives and employees met with Connecticut Foodshare employees to present a check and help sort and distribute groceries at the food bank’s Wallingford facility.
About Connecticut Foodshare:
Connecticut Foodshare is the food bank for the people of Connecticut and a member of the national Feeding America network. Last year, Connecticut Foodshare distributed enough food to provide 37.5 million meals through a network of more than 650 community-based hunger relief programs, including food stocks, meal programs and mobile distribution centers, while working on long-term solutions to food insecurity. Thousands of volunteers support Connecticut Foodshare’s work, contributing more than 46,000 hours last year. To learn more, visit www.ctfoodshare.org.
About the KeyBank Foundation:
The KeyBank Foundation serves to fulfill KeyBank’s purpose of helping customers and communities thrive, and its mission is to support organizations and programs that prepare people for a successful future. The foundation’s mission is advanced through three funding priorities – Neighbors, Education and Labor – and through community service. To deliver meaningful philanthropy that transforms lives, the KeyBank Foundation listens carefully to understand the unique characteristics and needs of its communities, and then supports solutions with targeted philanthropic investments. The KeyBank Foundation is a non-profit charitable foundation funded by KeyCorp.
About KeyBank/KeyCorp
KeyCorp’s roots stretch back almost 200 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation’s largest bank-based financial services companies with approximately $189.8 billion in assets as of December 31, 2022. Key provides deposit, lending, cash management and investment services to individuals and businesses in 15 states under the KeyBank National Association name through a network of approximately 1,000 branches and approximately 1,300 ATMs. Under the KeyBanc Capital Markets trading name, Key also offers a wide range of sophisticated corporate and investment banking products, including mergers and acquisitions advisory, public and private debt and equity securities, syndications and derivatives, to middle market companies in select industries throughout the United States . Visit https://www.key.com/ for more information. KeyBank is a member of the FDIC.
Media contacts:
Connecticut Foodshare: Monica Obrebski, Chief Communications Officer| 860-856-4319| [email protected]
KeyBank: Karen Crane, Communications Manager | 203-789-2752 | [email protected]
KeyBank
KeyBank
KeyCorp’s roots stretch back 190 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation’s largest bank-based financial services companies with approximately $176.2 billion in assets as of March 31, 2021. Key provides individuals and businesses with deposit, lending, cash management and investment services to 15 states under the KeyBank National Association name through a network of approximately 1,100 branches and more than 1,400 ATMs. Under the KeyBanc Capital Markets trading name, Key also offers a wide range of sophisticated corporate and investment banking products, including mergers and acquisitions advisory, public and private debt and equity securities, syndications and derivatives, to middle market companies in select industries throughout the United States . Visit https://www.key.com/ for more information. KeyBank is a member of the FDIC.
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