BNY Mellon announced that it awarded more than $7.2 million to New York-area nonprofits in 2011.
These grants included $800,000 to educational programs to improve high school graduation rates and life coaching for youths in foster care.
BNY Mellon also gave more than $650,000 to programs that provide clothing for youth, housing for the homeless, nutritional education, food stamp access and distribution of more than 74 million pounds of food.
Additionally, BNY Mellon donated more than $500,000 to support workforce training and $200,000 for programs to help the handicapped and other people with special needs.
On top of this, the bank donated more than $1 million to arts and cultural organizations to enrich the lives of students and audiences with performances and education. And BNY Mellon employees worldwide volunteered 55,000 hours, generating more than $14 million to support causes dear to their hearts.
“By combining our financial resources with the volunteer power of our employees, we’re able to make a meaningful and measurable different in the lives of area residents with the most critical challenge sand needs,” said Daisey Holmes, head of philanthropy and volunteer programs in the New York region.