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KeyBank Foundation invests $555,000 towards workforce development and community initiatives



01/25/2023


The KeyBank Foundation is investing a total of $555,000 in several non-profit organisations in Central New York to support workforce development and community initiatives. These grants are part of KeyBank's $40 billion National Community Benefits Plan, which demonstrates the bank's commitment to diversity, equity, and inclusion.

“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 region even stronger,” said Stephen Fournier, KeyBank Central New York Market President.

“Each of these organizations play a huge role in making Central New York a great place to live. We are proud to support the transformative work they do each day.”

Jubilee Homes of Syracuse is one of the organisations that has received funding. - $150,000
The KeyBank Foundation's investment will benefit Jubilee Homes of Syracuse Inc.'s (JHS) Build to Work (B2W) programme. The JHS Build to Work programme is based on the premise that job seekers who lack the necessary skills will not be considered for high-demand positions. They have fewer opportunities for career development and advancement if they lack occupational training, education, and certifications.

Build to Work offers occupational and educational training to dislocated workers and long-term unemployed participants, including hands-on learning and classroom education that connects academics and work experience.

Jubilee Homes of Syracuse is among the organizations that have received funding. - $150,000

The KeyBank Foundation's contribution will benefit Jubilee Homes of Syracuse Inc.'s (JHS) Build to Work (B2W) program. The JHS Build to Work program is based on the premise that job seekers who lack the necessary skills will not be considered for jobs in high demand. They have fewer opportunities for career development and advancement if they lack occupational training, education, and certification. Build to Work provides dislocated workers and long-term unemployed participants with occupational and educational training, including hands-on learning and classroom education that connects academics and work experience.

Le Moyne College - $150,000
The funds will be used to expand the college's ERIE21 STEM (science, technology, engineering, and mathematics) programming for Central New York high school students (Lock 2 of the ERIE21 program) and incoming Le Moyne College first-year students (Lock 3) from low-income families. ERIE21 is a bold, visionary initiative designed to address the region's twin problems of persistently high poverty in Syracuse and employers' inability to attract and retain the skilled workers needed to fill current job openings as well as those caused by the looming exodus of baby boomers from the labor force.

ERIE21 provides early intervention (in the middle school grades) and ongoing support to students in high school, college, and beyond to strengthen the region's capacity to develop a pipeline that can generate homegrown talent to feed the growing demand for computational, software, and engineering talent.

Le Moyne College is a private, four-year institution that enrolls approximately 2,600 full-time undergraduate students in liberal arts, science, business, and pre-professional studies, as well as 800 full- and part-time graduate students. It is one of 27 Jesuit colleges and universities in the United States. Since its inception in 1946, the College has followed in the footsteps of the nearly 500-year-old Jesuit educational tradition.

KeyBank recently invested a total of $245,000 in the following local organizations and programs, in addition to these two grants:
“All of us at KeyBank are proud to stand with these organizations and support the amazing work they do 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.”

Through its National Community Benefits Plan, KeyBank has invested more than $512 million in Central New York since 2017, supporting affordable housing and community development projects, small business and home lending, and transformative philanthropy.