Page 22 - BusinessWest May 12, 2025

Broad Impact
M&T Charitable Foundation Announces $4.9 Million In Grants
The M&T Charitable Foundation, the philanthropic arm of
M&T Bank, recently announced $4.9 million in grants to 51
nonprofit organizations across the six New England states,
as well as Long Island and Westchester County, N.Y.
The announcement of this third round concludes the compa-
ny’s Amplify Fund supplemental grant program, a three-year, $25
million commitment to address inequities, with a focus on all low-
and moderate-income communities and underserved populations.
First announced in May 2022, the Amplify Fund is a $25 mil-
lion philanthropic investment as part of the merger between Peo-
ple’s United Bank and M&T Bank. Powered by the M&T Chari-
table Foundation, the Amplify Fund is a one-time supplemental
charitable giving program to provide further support in the legacy
People’s United communities.
During the first and second rounds of giving through the
Amplify Fund, more than $20.1 million was awarded to 173 non-
profit organizations. The grants were awarded through a series
of RFPs that focused on environmental initiatives, mission-driven
and capacity-building work, community and tenant organizing,
and financial empowerment, in addition to collaboratives working
together to advance equity.
Grantees in this third and final round of funding include non-
profit organizations that are centered on advancing financial
inclusion and spurring economic growth and prosperity, with a
particular focus on creating equitable change through homeown-
ership, small-business development and entrepreneurship, career
growth, and financial resilience.
“The M&T Charitable Foundation is proud to support the work
DOMINIQUE GOSS
“The M&T Charitable Foundation is proud
to support the work of nonprofits that are
dedicated to advancing equity and creating
positive and lasting change. We look for-
ward to seeing the progress of their work
and the collective outcomes of our part-
nerships in the months and years ahead.”
of nonprofits that are dedicated to advancing equity and creat-
ing positive and lasting change,” said Dominique Goss, executive
director of the M&T Charitable Foundation. “We look forward to
seeing the progress of their work and the collective outcomes of
our partnerships in the months and years ahead.”
Throughout the three-year Amplify Fund grant program, the
M&T Charitable Foundation awarded $25 million to 224 nonprof-
it organizations and collaboratives, helping to empower nonprofit
organizations to work collaboratively to drive meaningful change
and advance equity in the communities served by the program.
“This grant means a lot to our ability to help the families and
communities we
serve achieve
economic self-reli-
Grants
Continued on page 23 >>
Sooner Rather than Later
How you plan today can impact your tomorrow. It helps
having advisors working in your best interests, one who
can navigate through the complexities and nuances that at
times, can be overwhelming for most of us.
Together we’ll craft a plan designed to meet your goals.
We’d like to hear your story, and that starts with a
conversation.
To learn more, please call Patricia M. Matty,AIF® at
413-733-5111.
1500 Main Street
Springfield, MA 01115
(413) 733-5111
www.stgermaininvestments.com
22 MAY 12, 2025
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