KeyBank Community Development Lending and Investment (CDLI) provided $16.6 million in low income housing tax credit equity (state and federal), a $21.3 million construction loan and $6.3 million taxable equity bridge for the construction of Silos Apartments.
Today, KeyCorp (NYSE: KEY) released its 2015 Corporate Responsibility (CR) Report, detailing the company’s responsible approach to banking, citizenship and operations during the 2015 calendar year. The annual report describes and shares data related to KeyBank's products and services, diversity and philanthropy initiatives and sustainability efforts.
Citi’s 2015 Global Citizenship Report highlights efforts made in the last year to responsibly provide financial services that enable growth and progress. It provides many examples of how Citi is using its products, services, scale, reach and partnerships to help clients and communities meet the world’s toughest challenges.
Earlier this year, a study using LIVESTRONG data from 2012 was published in the health policy journal, Health Affairs. Authors spoke to the heavy financial burden of cancer care among survivors, including reported medical debt and bankruptcy. Now, we have analyzed similar LIVESTRONG data from 2015, which has revealed similar findings.
For most of the modern era, corporate giving and individual passions have been mostly siloed, as employee programs focused more on encouraging people to give to charities chosen by the company. Now, companies are beginning to embrace “The Power of And,” which encompasses both vertical and horizontal engagement. That’s the scenario where the vertical pillars or specific charities in a company’s social responsibility strategy are complemented by a more horizontal or grassroots focus powered by the passions and interests of its people. Once you combine the two, it’s easy to see the powerful potential to engage your people more broadly AND boost awareness of your company’s positive role in society.
We are all part of a pioneering movement that has transformed the way organizations around the world identify, communicate and act on their sustainability impacts. Much has been achieved over the past 20 years, but as we enter a new era of sustainability, we must tackle the big challenges and the urgency needed to create a more sustainable economy and world in a fundamentally different way.
In a world first, the San Francisco Public Utilities Commission (SFPUC) has become the first entity to issue a green bond certified under the Water Climate Bonds Standard, a screening tool that specifies the criteria that must be met for bonds labelled as “green” or earmarked for funding water-related, low carbon initiatives.
To help you navigate the path to growing a modern, engagement-focused workplace giving program, download Benevity's eBook, "Today's Guide to Workplace Giving Success." In here, you will find 6 proven strategies to grow participation in your giving program all year round, based on real data from our Fortune 1000 clients.
JPMorgan Chase & Co. today announced a series of new investments from the firm’s $100 million, five-year commitment to Detroit’s economic recovery. The firm is also marking the second anniversary of its Detroit investment by sponsoring the first-ever Detroit Startup Week, a week of free activities to support area entrepreneurs.
It has long been acknowledged that one of the most powerful ways to get people more engaged in giving programs is to match individual donations with company dollars. So it’s easy to see why roughly 65% (and growing) of Fortune 1000 companies employ a strategy of donation matching. Even better, as employees become more engaged in their giving programs they also become more engaged in the workplace overall. Given that the potential impact is huge, how do you foster even greater engagement? Here are a few suggestions.
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