CANTON, Ohio, May 26, 2022 /3BL Media/ – On Wednesday, the KeyBank Foundation announced it is investing $450,000 in two Canton-based non-profit organizations to help revitalize the Greater Shorb Neighborhood. This transformative grant is part of KeyBank’s $40 billion National Community Benefits Plan and is symbolic of the bank’s longstanding commitment to diversity, equity and inclusion.
Of the $450,000 granted, $250,000 will be awarded to the United Way of Greater Stark County and $200,000 will go to Canton For All People.
“Both the United Way of Greater Stark County and Canton For All People provide services that give community members hope and the tools necessary to thrive,” said Eric Dellapina, KeyBank East Ohio Market President. “We admire their willingness to take on some of community’s most challenging issues and are honored to partner with both organizations and support the work they do to ensure a bright and healthy future for all residents.”
This year, the United Way of Greater Stark County is celebrating 100 years of service to the Stark County community. The funds granted to United Way will be used to assist children who attend Gibbs Elementary School, a community that is 96% low-income individuals. Many children who attend this school are facing extreme social-emotional challenges, making learning difficult. Partnering with school officials, United Way will provide social services to children and their families, focusing on their mental and behavioral health.
Photo: KeyBank Regional Sales Executive Tim Burke (second from right) along with KeyBank East Ohio Market President Eric Dellapina (far left) and KeyBank Regional Retail Leader Becky Talley (far right) and present President and CEO of United Way Angela Perisic (centered) with $250,000 grant.
“Every dollar invested into high-quality early care and education can yield up to $12 in better outcomes for our overall community. What can’t be calculated is the immense potential each child possesses,” said Angela Perisic, President and CEO of United Way of Greater Stark County. “This new partnership with KeyBank Foundation will help us to surround families with support, allowing them to envision their potential and providing hope for a better future.”
Canton For All People, a Community Development Corporation formed by Crossroads United Methodist Church in in partnership with the Lemmon and DeHoff family foundations, was founded to bring quality housing and opportunities for all people to downtown Canton. The organization will use its portion of the grant for its Greater Shorb Renaissance Project, a home renovation and construction program targeted to bring 300 new or upgraded units to the Greater Shorb Neighborhood in the next 10 years. This project will repair five vacant units and significantly improve the quality of rental conditions in five units.
"We thank KeyBank for their partnership and are grateful for their commitment to bring quality affordable housing to our community,” said Don Ackerman, Executive Director of Canton For All People. “We look forward to using this grant to improve the quality of life for the residents of the Greater Shorb Neighborhood in Canton."
Photo: KeyBank Regional Sales Executive Tim Burke (second from right) along with KeyBank East Ohio Market President Eric Dellapina (far left) and KeyBank Regional Retail Leader Becky Talley (far right) present Executive Director of Canton for All People Don Ackerman (second from left) with $200,000 grant.
Read more about KeyBank’s support of the organizations here:
KeyBank awards $450,000 to two local nonprofits | Canton Repository
KeyBank's roots trace back nearly 200 years to Albany, New York. Headquartered in Cleveland, Ohio, KeyCorp is one of the nation’s largest bank-based financial services companies, with assets of approximately $181.2 billion at March 31, 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.
Tweet me: The KeyBank Foundation is investing $450,000 in two Canton-based non-profit organizations, @UnitedWayStark & Canton For All People, to help revitalize the Greater Shorb Neighborhood. Learn more about @Keybank and its commitment to #DEI here: https://bit.ly/3wMs0hl
KEYWORDS: NYSE: KEY, The KeyBank Foundation, United Way of Greater Stark County, Canton For All People, billion National Community Benefits Plan