M&T Charitable Foundation's Commitment to Fight Hunger
In a notable move to support communities grappling with food insecurity, the M&T Charitable Foundation has announced a substantial
$600,000 emergency relief grant. This initiative aims to bolster food banks and hunger relief organizations across its extensive 12-state footprint. As the holiday season approaches, demands for assistance are escalating, and the foundation's grant is a timely response to growing needs within these communities.
The allocation of this emergency fund is particularly critical, especially as local food banks report an unprecedented increase in the demand for services. Families struggling to make ends meet, seniors, and children are among those relying heavily on food pantries and similar organizations for essential food supplies. The grant aims to enhance local food bank networks, ensuring that they can deliver necessary resources during these challenging times.
Key Beneficiaries of the Grant
According to the foundation, the
$600,000 will be distributed through M&T's regional Charitable Committees. Some of the key organizations benefitting from this initiative include:
- - FeedMore WNY (Buffalo, NY)
- - Connecticut Foodshare (Wallingford, CT)
- - Catholic Charities of Baltimore (Baltimore, MD)
- - Central Pennsylvania Food Bank (Hollidaysburg, PA)
- - Island Harvest (Melville, NY)
This strategic allocation is informed by direct feedback from local charitable partners as well as assessments of pressing needs across the footprint. By addressing areas with the highest demands, the foundation ensures that resources are directed towards communities facing rampant shortages, thus providing essential support for families and individuals in need.
Strengthening Community Ties
In addition to this significant financial commitment, M&T Bank is instigating an
employee engagement initiative designed to enhance community involvement and generosity. This four-week campaign will encourage employees to participate in themed activities aimed at creating a positive impact on local food banks. Among the highlights of this initiative is the provision of a
$25 gift for every employee to donate to their chosen nonprofit, particularly ones focused on food-related causes.
Furthermore, M&T Bank is doubling the impact of these efforts by matching donations up to
$400,000. This initiative empowers employees to multiply their contribution, reinforcing the company’s commitment to community support. Everyone within the M&T ecosystem, including customers and community members, is invited to participate, whether through volunteering, making donations, or simply spreading the word about local food banks.
Community Statement
Dominique Goss, Executive Director of the M&T Charitable Foundation, elaborated on the essence of this initiative by stating, "At M&T Bank, we believe our responsibility extends beyond banking; it goes towards supporting our neighbors, particularly during tough times. This relief grant and our employee giving campaign reflect our dedication to collaborate and uplift our communities. We are proud to amplify the generous spirit of our employees during this crucial time."
About the M&T Charitable Foundation
Founded in
1993, the M&T Charitable Foundation embodies the bank's commitment to fostering equitable change through collaboration with nonprofit organizations. By offering grants, promoting employee volunteerism, and providing in-kind services, the foundation plays an instrumental role in supporting a diverse array of civic, cultural, health, and human service organizations.
About M&T Bank
M&T Bank is headquartered in Buffalo, New York, offering a wide range of banking products and services across its extensive branch and ATM network spanning the eastern United States, from
Maine to Virginia. For information regarding the bank's services, feel free to explore their website at www.mtb.com.
In conclusion, M&T Bank’s commitment to assisting communities in need, especially during the holiday season, reflects a broader mission to enhance wellness and security within vulnerable populations. The ongoing efforts of the M&T Charitable Foundation underscore the direct impact that such initiatives can have on community well-being and resilience.