Kelly Brush Foundation Ride. File photo.
Donations total $309,000 for organizations across the state
Vermont Business Magazine KeyBank announces the list of charitable sponsorships and KeyBank Foundation grants made in 2024 to numerous nonprofit organizations in Vermont. The gifts and grants focus support to address homelessness, food insecurity, financial literacy, preventative healthcare and more. KeyBank Foundation grants total $275,000 in commitments and are part of the bank’s philanthropic and strategic investments targeted toward education, workforce development, and safe, vital neighborhoods. An additional $34,000 in charitable donations were made to local nonprofit partners in alignment with the bank’s community support efforts.
“KeyBank is deeply committed to helping our communities thrive, and we are proud to support organizations in Vermont that work tirelessly to create positive, lasting change,” said KeyBank Vermont Market President Tony DiSotto. “these grants and donations represent our dedication to addressing critical needs, enhancing economic stability, and fostering equitable growth across the state.”
KeyBank Foundation Grants
Grants made through KeyBank Foundation, the nonprofit charitable foundation funded by KeyCorp., advance the Foundation’s mission through three funding priorities – neighbors, education, and workforce – and through community service. Foundation grants made in the Vermont market in 2024 were:
- Mercy Connections for its Small Business Equity Project designed to increase access for inclusive entrepreneurship, facilitating new funding mechanisms for small business owners, teaching classes about entrepreneurship, and helping students build the social and business networks to be successful.
- Champlain Housing Trust for its Ready, Set, Rent program, a financial education program designed to help rent or co-op applicants overcome a credit barrier and become eligible to rent, giving our most vulnerable community members a path to housing success and stability.
- Boys and Girls Club of Burlington for their Early Promise program, which is rooted in the belief that education after high school – whether college, a technical school, or a training program – is the single most powerful opportunity to building a path to a better future.
- World Learning New Vermonter Education Program, which focuses on critical language and cultural education for incoming refugees.
- Association of Africans Living in Vermont, through its Climate Resilient Farming for Refugee Farmers fund, helping to make farming more resilient to the effects of climate change, specifically extreme weather events for more than 100 VT households.
KeyBank also announced earlier this year a three-year, $225,000 Community Impact grant from KeyBank Foundation to Spectrum Family Services of Burlington, enabling them to expand its seasonal warming shelter a year-round resource for homeless youth.
Charitable Sponsorships
Charitable sponsorships made by KeyBank to local nonprofit partners include:
- Hope - Addison County Community Action in Middlebury, providing a wide variety of programs to low-income people.
- Josh Pallotta Fund, Inc. in Colchester, a nonprofit organization that offers wellness and recreational services to Veterans and service members.
- Greater Burlington Multicultural Resource Center, whose mission is to increase awareness and provide opportunities to celebrate, promote and support cultural diversity in our communities.
- American Heart Association, committed to driving equitable health impact in Vermont.
- Age Well Inc. in Colchester, which provides resources and support for older adults, caregivers and providers in Northwestern Vermont.
- Milton Family Community Center, which provides access to services and resources to families in need.
- Vermont Housing Managers Association sponsorship of the VHMA Annual Conference to support training for housing providers.
- Brattleboro Micro Transit, providing access to free on-demand transportation within the town of Brattleboro.
- Sheldon Historical Museum in Middlebury, supporting its community education and cultural programs.
- Kelly S. Brush Foundation in Burlington, dedicated to supporting physical, financial and social needs of those with spinal cord injury.
- United Way of Northwest Vermont supporting education, financial stability and health of every person in our communities.
With ten KeyBank branches located throughout Addison, Franklin, Chittenden, Rutledge, and Windham counties, the organizations selected for support impact residents, small businesses, and communities in these markets.
About KeyBank Foundation:
KeyBank Foundation serves to fulfill KeyBank’s purpose to help clients and communities thrive, and its mission is to support organizations and programs that prepare people for thriving futures. The Foundation’s mission is advanced through three funding priorities – neighbors, education, and workforce – and through community service. To provide meaningful philanthropy that transforms lives, KeyBank Foundation listens carefully to understand the unique characteristics and needs of its communities and then backs solutions with targeted philanthropic investments. KeyBank Foundation is a nonprofit charitable foundation, funded by KeyCorp.
About KeyCorp/KeyBank:
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 $190 billion at September 30, 2024. 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 1,200 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.
Source: BURLINGTON, VT – December 19, 2024 – KeyBank
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