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Synchrony Financial's Heartwarming 'Season of Caring'

As temperatures drop and the holiday season approaches, Synchrony Financial is lighting up the Stamford community with its heartwarming initiative, appropriately named the "Season of Caring." This program embodies the spirit of generosity and community involvement, showcasing how corporate responsibility can create a lasting positive impact.

A Day of Caring

On December 6, more than 200 enthusiastic employees from Synchrony's Stamford headquarters participated in a special event known as the "Day of Caring." Collaborating with nine local charities, the employees dedicated their time and resources to spread holiday cheer and support those in need within their local community.

Partnering with Local Charities

This year, Synchrony has joined forces with esteemed local organizations including the Boys and Girls Club of Stamford, Filling in the Blanks, Homes for the Brave, and Kids in Crisis, among others. Each of these partners plays a crucial role in addressing various community needs, from providing shelter to offering educational resources. Through their collective efforts, Synchrony aims to enhance the quality of life for Stamford's residents, especially during this critical time of year.

Impressive Contributions

The support and generosity displayed during the campaign were nothing short of extraordinary. Employees gathered an impressive array of donations, tallying over 300 bags of winter clothing, 50 bikes complete with helmets, 2,000 backpacks filled with school supplies, and 250 gift bags intended for a festive student holiday celebration. Such contributions not only brighten the spirits of recipients but also reflect Synchrony’s ongoing commitment to giving back.

Fundraising Activities

In addition to tangible donations, the event featured several fundraising activities aimed at raising awareness and additional support for those in need. One of the highlights included an Ice Bucket Challenge, where Synchrony executives bravely soaked themselves to raise a total of $25,000, with the funds being distributed to selected charities. Furthermore, a "Friendsgiving" campaign collected food donations, with Synchrony matching each contribution towards the ambitious goal of providing one million meals to those who rely on assistance.

This philanthropic effort aligns with Synchrony's tradition of corporate responsibility, boasting over $70 million donated to various nonprofit organizations since 2014. The company has successfully engaged its employees, with approximately 120,000 volunteer hours logged through 2023 and an impressive $25 million in employee-matched contributions, underscoring a culture of giving and community service within the organization.

A Commitment to Community

Synchrony Financial, identified by its ticker symbol NYSE: SYF, stands as a leading consumer financial services company. By seamlessly connecting partners and consumers through their innovative financial ecosystem, they cater to diverse needs across multiple industries, including health and wellness, retail, and telecommunications. This commitment to supporting communities is not merely a seasonal endeavor; it is integrated into the company’s values.

As we reflect on this season of giving, Synchrony Financial is a remarkable example of how businesses can positively influence their communities. By channeling creativity, commitment, and compassion, they are not only transforming lives but also instilling hope and joy that resonate far beyond the winter months.

For more information about Synchrony Financial and their initiatives, please visit www.synchrony.com.