KeyBank Foundation
/OVERVIEW: The KeyBank Foundation broadly funds housing and community development initiatives, workforce development, education and college readiness in areas where the bank operates. This funder only supports organizations located or operating in the states of Alaska, Colorado, Connecticut, Idaho, Indiana, Maine, Massachusetts, Michigan, New York, Ohio, Oregon, Pennsylvania, Utah, Vermont and Washington.
IP TAKE: This is an accessible corporate funder that accepts applications year-round, but its grantmaking is limited to states where the bank has a retail presence. It also is not likely to take big grantmaking risks and tends to be a bit bureaucratic. It’s approachable. In fact, it requires grantseekers to make an informal contact with a local KeyBank office for grant consideration.
PROFILE: The KeyBank Foundation is the charitable branch of KeyBank, a retail bank headquartered in Cleveland, Ohio. KeyBank is committed to “helping clients and communities thrive” by “making meaningful investments in the places where we live and work.” Based on the corporation’s “five key values” of diversity, financial capability, transformational outcomes, measurable impact, and sustainability, the KeyBank Foundation funds community-based programs centered on neighbors, education and workforce.
Grants for Work and Opportunity
KeyBank’s workforce giving area aims to “help adults achieve the skills, education and capabilities they need to succeed in current and future employment opportunities.” KeyBank prioritizes programs concerned with graduation, employment and financial education in order to improve “graduation and certification program completion rates” and “employment placement and retention rates.” Past grantees include Capital District Women’s Employment and Resource Center, Central Vermont Adult Basic Education and the Culinary Skills Training Center.
Grants for Housing and Community Development
KeyBank’s neighbors giving area aims to “create safe, affordable, inclusive communities with thriving family homes and small businesses.” Grantmaking priorities in this area include “affordable housing and homeownership,” “economically self-sufficient families,” “safe and stable communities,” and “small business growth.” Through its grantmaking endeavors, KeyBank amis to achieve “an increase in residency length and a decrease in foreclosure rates,” “improved economic inclusion,” and an “increase in the values of homes.” Grants have supported organizations including
Grants for Education
KeyBank’s Education giving area aims to “help students prepare for fulfilling careers by providing access to high-quality education as well as offering support to help them achieve academically.” It broadly supports organizations that provide standardized testing preparation and tutoring, ensure students have access to high quality educational resources, and improve college admission, retention and graduation rates.
Important Grant Details :
KeyBank does not provide detailed information about its past grants, but interest grantseekers may review its Annual Reports for more information on its grantmaking habits.
KeyBank accepts applications throughout the year and makes award decisions once per quarter. Applicants are advised to contact a local KeyBank office to make an informal inquiry before applying. Note that this funder only supports organizations located or operating in the states of Alaska, Colorado, Connecticut, Idaho, Indiana, Maine, Massachusetts, Michigan, New York, Ohio, Oregon, Pennsylvania, Utah, Vermont,and Washington.
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