In this in-depth and wide-ranging interview, the head of Citi Foundation explains how the banking giant’s philanthropy is adapting to address the racial wealth gap, food insecurity, and much more.
Read MoreCitizens Financial Group is one of the largest financial institutions in the U.S., but its Citizens Charitable Foundation focuses on the New England region, especially Rhode Island and Massachusetts. Here are four things to know about its grantmaking.
Read MoreWe take a look at what drives the charitable arm of the oldest and largest mutual bank in the country and why this funder is focusing on early childhood development in Massachusetts, New Hampshire, and Rhode Island.
Read MoreWells Fargo is one of the most scandal-ridden banks in the U.S. It also funds environmental work and Native American communities, among other causes. Its recent gifts for renewable energy underscore major tensions in corporate philanthropy.
Read MoreAtlanta has the highest level of income inequality of any city in America, with nearly half of residents in its Westside area living in poverty. The SunTrust Foundation is part of a new collaboration that’s coming together to try to turn things around.
Read MoreAlready a leading funder in the space, JPMorgan Chase is upping its investment in workforce development. It’s one of many corporate funders pursuing similar strategies that are showing good results, but sidestep larger challenges facing workers.
Read MoreThe SunTrust Foundation, based in Atlanta, launched its Lighting the Way awards program in 2016 to recognize nonprofits in its market areas building financial confidence in their communities. Where are grants going?
Read MoreMany of the workforce development groups drawing funder support engage in matchmaking to hook up employers and jobseekers. JPMorgan Chase is backing such an effort in the South Bronx, with a focus on placing youth in unfilled IT jobs.
Read MoreWells Fargo is the latest bank to make a big bet on urban community development, with a focus on Washington, D.C. The move comes amid multiple scandals around the bank, which badly needs some good publicity.
Read MoreAmalgamated Bank has been expanding, increasing its engagement with philanthropy, launching a foundation and a DAF platform, and hiring a former progressive grantmaker to manage philanthropic clients.
Read MoreJPMorgan Chase has been blazing a more sophisticated trail for corporate philanthropy. But as the bank giant rolls out its newest program of grants and investments, can it really claim it’s engaged in “systems change?”
Read MoreThe Berkshire Bank Foundation gives at least $2 million annually to nonprofits that operate within the bank’s territory—which includes Massachusetts, Vermont, New York, Connecticut, New Jersey, and Pennsylvania. We take a closer look.
Read MoreCorporate philanthropy is getting much more strategic these days, and for the big banks, inclusive urban prosperity is a top priority. Along with JPMorgan Chase, Citi Foundation is a key player here.
Read MoreJPMorgan Chase's giving has gotten a lot more strategic lately, and boosting minority-owned small businesses, starting in Detroit, is one focus. Now that effort is expanding to two more cities.
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