Photo courtesy of Key Bank.
CNY – The KeyBank Foundation is investing a total of $555,000 in several nonprofits in central New York to support people development and community initiatives. These grants are part of KeyBank’s $40 billion National Community Benefits Plan, which represents its commitment to diversity, equity and inclusion.
“KeyBank’s purpose is to help the communities we serve thrive. With these investments, we are elevating and amplifying our efforts that will make our region even stronger,” said Stephen Fournier, KeyBank Central New York Market President. “Each of these organizations plays a huge role in making Central New York a great place to live. We are proud to support the transformative work they do every day.”
Photo courtesy of Key Bank.
Funded organizations include:
Syracuse Jubilee Homes – $150,000
This KeyBank Foundation investment will support Jubilee Homes of Syracuse Inc.’s (JHS) Build to Work (B2W) program. The JHS Build to Work program is based on the principle that job seekers without the required skills will not be considered for high demand jobs. Without professional training and certification, they have fewer opportunities for professional development and advancement. Build to Work provides uprooted workers and long-term unemployed participants with vocational and educational training, including hands-on learning and classroom instruction, combining academics and work experience.
The funds will help Jubilee Homes begin the restoration of Creekside Landing at 416 West Onondaga Street in Syracuse in 2023, a site that will house the Workforce Skill Training Center. It will also support Jubilee’s collaboration with Syracuse Builds to create training programs that improve participants’ ability to find long-term employment through in-demand construction trades.
The target for Build to Work over the next three years is that at least 60 people (20 participants per year) complete the Build to Work program and 25% (five participants per year) of customers complete one convey job.
Le Moyne College – $150,000
The funds will be used to expand the college’s ERIE21 STEM (Science, Technology, Engineering and Mathematics) program to senior high school students (Lock 2 of the ERIE21 program) and incoming freshmen at Le Moyne College (Lock 3) from low-income majors Backgrounds in central New York. ERIE21 is a bold, visionary initiative aimed at tackling the region’s twin problems of persistently high levels of poverty in Syracuse and the inability of employers to attract and retain the skilled workforce needed to fill current vacancies, as well as the threat of brain drain Baby boomers are required by the workforce.
Serving as both a comprehensive and long-term strategy, ERIE21 provides early intervention (in middle school) and provides ongoing support to students in high school, college and beyond to strengthen the region’s capacity to develop a pipeline that supports native talent to meet the growing demand for computer, software and engineering talent.
Le Moyne College, one of 27 Jesuit colleges and universities in the United States, is a private four-year institution enrolling approximately 2,600 full-time students in liberal arts, science, business, and pre-vocational programs and 800 full-time students. and part-time students in graduate programs. Since its founding in 1946, the college has modeled and strengthened nearly 500 years of Jesuit educational tradition.
In addition to these two grants, KeyBank recently invested a total of $245,000 in the following local organizations and programs:
- Arc Of Onondaga – Job Placement Program
- CEO of CenterState – Equity Loan Fund
- Community Folk Arts Center – Academy of Creative Arts
- Excelsior College – Degrees Open Doors Scholarship Program for Syracuse Housing Authority Residents
- Food Bank of Central New York – mobile pantry
- Interfaith Works of Central New York—TARR Community Wide Dialogue
- Ministries of Victory Temple – Community Feeding Program
- Nile Dayne Foundation – Walk, See, Be, Tutor & Mentor
- PEACE Inc. – Low Income Tax Preparation Program
- Utica Monday Nite – Artist Refinery Program
- WISE Women’s Business Center – “Exito!” Latina Entrepreneurship Program
“All of us at KeyBank are proud to stand by these organizations and support the great work they are doing in Central New York,” said Tamika Otis, Corporate Responsibility Officer for KeyBank in Central New York. “These investments will accelerate economic inclusion in our region.”
Since 2017, KeyBank has invested more than $512 million in Central New York through its National Community Benefits Plan to support affordable housing and community development projects. small business and home loans; and transformative philanthropy.
ABOUT KEYBANK
KeyBank’s roots stretch 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 approximately $190.1 billion in assets as of September 30, 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, syndications and derivatives, to mid-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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