BNY Mellon Awards Operating Support Grants to Boston-area Nonprofits

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BNY Mellon Awards Operating Support Grants to Boston-area Nonprofits

Eugene F. Fay Mini-Grants Program to provide critical funding for organizations focused on basic needs and workforce development
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BNYMellon gives operating support grants 2 Boston nonprofits provide critical funding 4 capacity-building activities http://bit.ly/105cJ7D
Monday, June 10, 2013 - 8:30am

CAMPAIGN: BNY Mellon: Invested in Our World

CONTENT: Press Release

BOSTON, June 10, 2013 /3BL Media/ — Through the generosity of The Eugene F. Fay Trust, BNY Mellon has awarded operating support grants to 10 Boston-area nonprofits, providing them with critical funding for capacity-building activities.  The Eugene F. Fay Mini-Grants Program provides organizations with $5,000 grants for technical assistance and non-programmatic support aimed at strengthening the overall organization or a particular program.

“In addition to providing critical services to people in need, nonprofits also have to manage the very real challenges of keeping their organizations running – and not just running, but running efficiently with up-to-date technologies,” said Joanne Jaxtimer, BNY Mellon Regional Executive.  “In this era of lean giving and tight budgets, operating support is more important than ever to these groups.

“Non-programmatic lifeline grants, like the ones awarded through the Eugene F. Fay Trust, enable nonprofits to do what they do best – focus on giving help where it’s needed – while ensuring that the basic needs of their organizations are met,” added Jaxtimer.  “The best way we can honor Mr. Fay and his generosity is by identifying good partners and providing them with the financial and technical investment they need to move forward with their work and meet their organizational goals.”

The 2013 Eugene F. Fay Mini-Grant awardees are:

  • AFC Mentoring – To work with a marketing consultant to improve outreach to potential funders, volunteers and youth in need of support.
  • Bottom Line – To create a professional development system so staff can apply for stipends to attend trainings, courses or conferences.
  • Ethos – To purchase software that will allow staff to manage and pay bills online for clients, enabling them to devote more time to critical case management.
  • Friday Night Supper Program – To purchase and install an energy efficient ductless mini-split air conditioner to improve the temperature and air quality of the kitchen for staff and volunteers.
  • Friends of the Children-Boston – To purchase a projector, screen and furniture for a new multi-function room that can be used for internal meetings and community activities.
  • National Braille Press – To assess production equipment and procedures to ensure a safe work environment, and to develop new procedures for staff training.
  • RESPOND – To upgrade its 12-year old telephone system to an internet-based system that will operate more efficiently and effectively and enable staff to better serve victims and survivors of domestic violence.

In selecting grantees, BNY Mellon chose programs and initiatives that fit both the Eugene F. Fay Trust’s charitable purpose and the company’s philanthropic focus on Powering Potential, which is helping people in need by concentrating on basic needs and workforce development opportunities, by targeting organizations that provide food, clothing, energy and housing assistance to those who need immediate help, and improve access to employment through job training and skills development.  Learn more about Powering Potential or the company’s world-wide commitment to social responsibility at www.bnymellon.com/csr.

BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle.  Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment management and investment services in 36 countries and more than 100 markets.  As of March 31, 2013, BNY Mellon had $26.3 trillion in assets under custody and/or administration, and $1.4 trillion in assets under management.  BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments.  BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK).  Additional information is available on www.bnymellon.com, or follow us on Twitter @BNYMellon.

Contact

Amy Shipper
+1 (212) 635-7755
BNY Mellon
Joseph F. Ailinger Jr.
+1 (617) 722-7571
BNY Mellon
Keywords: Social Impact & Volunteering | BNY Mellon | Sustainable Finance & Socially Responsible Investment | joanne jaxtimer | mini-grants | non-profit | operating support | philanthropy

CAMPAIGN: BNY Mellon: Invested in Our World

CONTENT: Press Release

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