KeyBank Announces Support for Humanitarian Efforts for Ukraine
CLEVELAND — KeyBank announced several steps it is taking to support humanitarian efforts currently underway for the people of Ukraine. In a message to employees, Chris Gorman, KeyCorp chairman and CEO, announced $150,000 in grants from KeyBank Foundation and a 1:1 employee matching-gift program.
KeyBank Foundation will give a $100,000 grant to the American Red Cross to support its efforts to provide food, water, and other essential items and services to the people of Ukraine. The Red Cross has teams on the ground in Ukraine and neighboring countries helping families and working to repair vital infrastructure, support health facilities with medicines and equipment, and support families with food and hygiene items. KeyBank Foundation will also make a $50,000 grant to UNICEF for its work supporting children and families impacted by the war in Ukraine.
In addition, KeyBank is launching a 1:1 employee matching-gift program through KeyBank Foundation that will help amplify and raise the collective voice of teammates in support of Ukraine. As part of this program, KeyBank Foundation will prove a dollar-for-dollar match for all employees up to $5,000, for several organizations supporting humanitarian efforts in Ukraine, including Americares, CARE, Project Hope, Save the Children, and World Central Kitchen.
“Over the past week, we have witnessed Russia’s invasion of Ukraine with both shock and deep concern,” Gorman said. “The remarkable resilience of the Ukrainian people has been a source of inspiration for me and for the entire world. Together, we have a longstanding tradition of supporting communities near and far, especially in times like these. This is one of the many reasons I am proud to be part of the Key team.”