M&T CHARITABLE FOUNDATION ANNOUNCES $11.8M IN PHASE - ONE AMPLIFY FUND GRANTS COMMITTED TO 105 NEW ENGLAND AND METRO NEW YORK NON-PROFITS

PR Newswire2023-05-02

Nonprofits Receiving Funding as Part of $25 Million Investment, with More Planned in Future Funding Rounds BUFFALO, N.Y. , May 2, 2023 /PRNewswire/ -- The M&T Charitable Foundation, the philanthropic ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2332650079?lang=en_US&edition=fundamental","thumbnail":"https://s.yimg.com/uu/api/res/1.2/KTmW.WE3sJxFDYJtJVfI3w--~B/aD00Mzt3PTQwMDthcHBpZD15dGFjaHlvbg--/https://media.zenfs.com/en/prnewswire.com/3466198db17ce9f10cded3258fa74cab","is_english":true,"pubTime":"2023-05-02 22:00","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2332650079","market":"us","top_or_hot":-1,"title":"M&T CHARITABLE FOUNDATION ANNOUNCES $11.8M IN PHASE - ONE AMPLIFY FUND GRANTS COMMITTED TO 105 NEW ENGLAND AND METRO NEW YORK NON-PROFITS","media":"PR Newswire","content":"<div>\n<p>Nonprofits Receiving Funding as Part of $25 Million Investment, with More Planned in Future Funding Rounds\nBUFFALO, N.Y. , May 2, 2023 /PRNewswire/ -- The M&T Charitable Foundation, the philanthropic ...</p>\n\n<a href=\"https://finance.yahoo.com/news/m-t-charitable-foundation-announces-140000949.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>M&T CHARITABLE FOUNDATION ANNOUNCES $11.8M IN PHASE - ONE AMPLIFY FUND GRANTS COMMITTED TO 105 NEW ENGLAND AND METRO NEW YORK NON-PROFITS</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nM&T CHARITABLE FOUNDATION ANNOUNCES $11.8M IN PHASE - ONE AMPLIFY FUND GRANTS COMMITTED TO 105 NEW ENGLAND AND METRO NEW YORK NON-PROFITS\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-05-02 22:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/m-t-charitable-foundation-announces-140000949.html><strong>PR Newswire</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nonprofits Receiving Funding as Part of $25 Million Investment, with More Planned in Future Funding Rounds\nBUFFALO, N.Y. , May 2, 2023 /PRNewswire/ -- The M&T Charitable Foundation, the philanthropic ...</p>\n\n<a href=\"https://finance.yahoo.com/news/m-t-charitable-foundation-announces-140000949.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0949170772.SGD","symbol_name":"Blackrock Global Equity Income A6 SGD-H","start_time":0,"source_url":"https://finance.yahoo.com/news/m-t-charitable-foundation-announces-140000949.html","article_id":"2332650079","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/KTmW.WE3sJxFDYJtJVfI3w--~B/aD00Mzt3PTQwMDthcHBpZD15dGFjaHlvbg--/https://media.zenfs.com/en/prnewswire.com/3466198db17ce9f10cded3258fa74cab"],"rights":{"source":"yahoofinance","url":"https://finance.yahoo.com/news/m-t-charitable-foundation-announces-140000949.html","rn_cache_url":null,"customStyle":"img, svg { display: none !important; }","selectors":"article","filters":"","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2332650079","pubTimestamp":1683036000,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Nonprofits Receiving Funding as Part of $25 Million Investment, with More Planned in Future Funding ","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0949170772.SGD":"Blackrock Global Equity Income A6 SGD-H","MTB":"美国制商银行","BK4211":"区域性银行","LU1668664300.SGD":"Blackrock World Financials A2 SGD-H","BK4199":"纸制品","BK4588":"碎股","LU0661504455.SGD":"Blackrock Global Equity Income A5 SGD-H","FUND":"Fund基金","BK4570":"地缘局势概念股","TPL":"Texas Pacific Land Trust Sub Sha","LU0106831901.USD":"贝莱德世界金融基金A2","BK4017":"黄金","BK4585":"ETF&股票定投概念","NGD":"New Gold","LU0738911758.USD":"Blackrock Global Equity Income A6 USD","BK4213":"石油与天然气的勘探与生产"},"translate_title":"M&T慈善基金会宣布向105个新英格兰和纽约的非营利组织提供1180万美元的第一阶段AMPLIFY基金赠款","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TPL":1,"RFP":1,"NGD":1,"FUND":1,"AND":1,"MTB":0.9},"content_text":"Nonprofits Receiving Funding as Part of $25 Million Investment, with More Planned in Future Funding Rounds\nBUFFALO, N.Y. , May 2, 2023 /PRNewswire/ -- The M&T Charitable Foundation, the philanthropic arm of M&T Bank (NYSE: MTB), today announced Amplify Fund grant recipients in New England and Metro New York, totaling over $11.8M to 105 non-profit organizations across the former People's United footprint, with some payments committed over a two- or three-year period. Funding was focused on equity and environmental initiatives, mission-driven and capacity-building work, community and tenant organizing, and financial empowerment and education for individuals and small businesses.\nFirst announced in May 2022, the Amplify Fund is a one-time supplemental charitable program to provide further support to communities throughout New England and New York to benefit low- and moderate-income communities and underrepresented populations using a racial equity and justice lens.\nTrust for Public Land (TPL), a New England not-for-profit environmental organization, received funding for its \"Parks for People in Bridgeport and Boston\" from M&T Bank. \"Communities across New England are lacking in quality, close-to-home park access. Many residents are at greater risk from challenges brought on by climate change. TPL is committed to addressing this need through our work in Bridgeport and Boston,\" said Walker Holmes, AVP and Connecticut State Director for Trust for Public Land. \"We're grateful for M&T for their support of environmental justice and building healthier communities through connection to the outdoors.\"\nThe New England and Metro New York Amplify Fund grants were selected through a Request for Proposal (RFP) process. Phase one consisted of four RFPs, each available to specific geographic regions across the Amplify Fund footprint. Priority was given to applicants that most clearly articulated the needs to be addressed, the strategies to be employed in response to those needs, and a plan to demonstrate the effectiveness of those strategies.\n\"The Amplify Fund exemplifies our priorities of investing in underrepresented communities and empowering our neighbors to achieve their dreams,\" said Dominique Goss, Executive Director of the M&T Charitable Foundation. \"It is important to us to approach this initiative through an equitable lens; and M&T is so proud to support the incredible organizations doing critical on-the-ground work that truly makes a difference for so many people.\"\nThe areas of focus for the Amplify Fund align with M&T's existing priorities, including community development and innovation, in addition to the previously announced Community Growth Plan and Community Reinvestment Act (CRA) eligibility standards.\nThe Amplify Fund is designed to drive sustainable impact that is equitable, accessible, and responsive to local needs. Regional representatives of the bank will continue to meet with local leaders to help inform the strategic direction for the future of the Fund's giving efforts in 2023 and beyond.\nFor more information on the Amplify Fund, including the full list of grant recipients in New England and Metro New York, please visit the Amplify Fund website.\nAbout the M&T Charitable FoundationThe M&T Charitable Foundation, the philanthropic arm of M&T Bank, is a 501(c)(3) not-for-profit charitable organization founded in 1993 and funded by M&T Bank. The M&T Charitable Foundation awards over $40 million in grants per year to thousands of nonprofit organizations focused on improving the quality of life in the areas the bank serves.\nAbout M&T BankM&T is a financial holding company headquartered in Buffalo, New York. M&T's principal banking subsidiary, M&T Bank, provides banking products and services in 12 states across the eastern U.S. from Maine to Virginia and Washington, D.C. Trust-related services are provided in select markets in the U.S. and abroad by M&T's Wilmington Trust-affiliated companies and by M&T Bank.\nMedia Contacts:  National Media, Trade Publications and New England:Maya Dillon(646)735-1958mdillon@wilmingtontrust.com\nNew York Metro (NYC, Long Island and New Jersey):David Samberg(201) 368-4515dsamberg@mtb.com\n© 2023 M&T Bank. Member FDIC\n\n\n\n\n\n View original content to download multimedia:https://www.prnewswire.com/news-releases/mt-charitable-foundation-announces-11-8m-in-phase--one-amplify-fund-grants-committed-to-105-new-england-and-metro-new-york-non-profits-301813243.html\nSOURCE M&T Bank Corporation","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2332650079"}