The funding seeks to help several nonprofit organizations 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 “represents its commitment to diversity, equity, and inclusion,” per a KeyBank announcement.
“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,” Stephen Fournier, KeyBank market president for Central New York, said in a statement. “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.”
(Sponsored)
“They are family. They would never do that!” Our guard comes down as it is hard to imagine a family member capable of business fraud. Unfortunately, that is when the
What is Fiducuary Liability and how does it affect you and your business?
Managing a company’s insurance needs can be complex and stressful. It doesn’t need to be when adding certain specialty insurance products, like fiduciary liability insurance. It protects the sponsoring company;
Jubilee Homes grant
Jubilee Homes of Syracuse Inc.’s (JHS) will use its $150,000 for its Build to Work (B2W) program. JHS will use the money to begin restorations of Creekside Landing at 416 West Onondaga St. in Syracuse, a location in which will house Jubilee’s Workforce Skill Training Center.
The money will also help Jubilee’s collaborative effort with Syracuse Builds to create training programs that will enhance participants’ ability to secure long-term employment through in-demand construction trades, KeyBank said.
The targeted goal under Build to Work over the next three years is to have a minimum of 60 people (20 participants per a year) complete the Build to Work program and place 25 percent of clients (five participants per a year) into job opportunities.
Le Moyne grant
Le Moyne College will use a grant of $150,000 to expand its ERIE21 STEM (science, technology, engineering, and mathematics) programming for high-school students and incoming Le Moyne College first-year students from low-income backgrounds in Central New York.
ERIE21 is an initiative designed to address the region’s “twin problems of persistently high poverty in Syracuse and the inability of employers to attract and retain the skilled workers needed to fill current job openings as well as those resulting from the looming exodus of baby boomers from the workforce,” as described in the KeyBank announcement.
Additional grants
In addition to the grants for Jubilee Homes and Le Moyne College, KeyBank also recently provided grant funding totaling $245,000 to several local organizations and programs. They include:
- Arc Of Onondaga – employment opportunities program
- CenterState CEO – equity loan fund
- Community Folk Art Center – Creative Arts Academy
- Excelsior College – Degrees Open Doors Scholarship Program for Syracuse Housing Authority residents
- Food Bank of Central New York – mobile food pantry
- Interfaith Works of Central New York – TARR Community Wide Dialogue
- Ministries of Victory Temple – Community Feeding Program
- Nile Dayne Foundation – Go, See, Be, Do Tutoring & Mentoring
- PEACE Inc. – low income tax-prep program
- Utica Monday Nite – Artist Refinery Program
- WISE Women’s Business Center – “Exito!” Latina Entrepreneurship Program