Keybank Makes $250,000 Grant in Support of Warren Village Single Parent Self-Sufficiency Program
Grant enables Warren Village to expand reach at three Denver locations, reinforces KeyBank’s commitment to organizations working to create stronger communities
DENVER, September 1, 2022 /3BL Media/ — Warren Village and KeyBank announced a $250,000 grant from KeyBank at a social event for Warren Village residents held at Cheeseman Park earlier this month.
The three-year partnership and strategic investment are rooted in education and workforce training and is focused firmly on increasing the number of single-parent families to achieve personal and economic self-sufficiency through the services provided by Warren Village.
Since 1974, Warren Village has been supporting low-income, single-parent families make the journey from poverty to economic mobility. Therefore, the finances donated by KeyBank will further boost its potential to increase the number of staff who assist single parents to move forward after graduating from the program. Moreover, the funds will scale up training opportunities for advocates to assess residents' educational and career goals.
“At Key, our giving strategy is focused on three pillars: neighbors, education and workforce,” said Mike Katz, president of KeyBank’s Colorado market. “The work Warren Village pioneers, helps change lives through education, career development, housing and parent services aligns perfectly with all three of our giving priorities. There is dire need for the services Warren Village provides, and we are pleased to do even a small part to help improve the lives of more single-parent families who are currently living in poverty right here in our own community.”
The investment from KeyBank is expected to provide coaching for a minimum of 150 Warren Village alumni, a 10 percent increase in the number of participants who earn a college degree, and a 10 percent increase in the average annual salary for existing participants working full time. Consequently, the grant aims to widen the reach of Warren Village in three Denver locations, benefiting a minimum of 300 individuals annually.
“This generous investment from Key Bank will enhance our adult self-sufficiency program and extend our reach with much-needed services for single-parents in our community,” said Ethan Hemming, Warren Village CEO. “Ultimately, the financial support will strengthen our impact in the Denver community.”
The monthly Family Nights at Cheesman Park includes food, activities for kids and an opportunity for Warren Village residents to spend time together building community.
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About Warren Village
Warren Village is a Colorado non-profit serving unhoused and unstably housed low-income single-parent families in the Denver area. We provide families with the space and resources to achieve economic mobility and navigate and disrupt systems of poverty. Warren Village utilizes a 2Gen approach to empower both parents and their children through life skills classes, a high-quality Early Learning Center, education and career support, and resource navigation. Warren Village currently serves families at three locations: our main building on Gilpin; Ivy Crossing Apartments, a satellite location in partnership with BLDG that provides resources to residents who live there; and First Step, a residential communal living space for teen mothers and their children attending high school at Florence Crittenton Services.
About KeyCorp
KeyCorp's roots trace back nearly 200 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation’s largest bank-based financial services companies, with assets of approximately $187.0 billion on June 30, 2022. Key provides deposit, lending, cash management, and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of approximately 1,000 branches and approximately 1,300 ATMs. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications, and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name. For more information, visit https://www.key.com/. KeyBank is Member FDIC.
CONTACT:
Lambe PR:
Sylvia Lambe
720 276 3880
sylvia@lambepr.com
KeyBank:
Cori Keeton Pope
720-290-3252
cori@keetonpr.com
