KeyBank Foundation

Mission

KeyBank Foundation, through its philanthropic investments, corporate contributions, and volunteerism supports organizations that foster economic self-sufficiency, principally where KeyBank operates.

Background

KeyBank Foundation is a nonprofit charitable foundation, funded by KeyCorp. Founded in 1969 as Society Foundation, we became known as Key Foundation in 1996 and KeyBank Foundation in 2009.

Funding Priorities

As a corporate neighbor, we advance economic self-sufficiency through our funding priorities, which help communities and individuals prosper:

  • Financial Education – Fostering effective financial management and understanding of financial services and tools
  • Workforce Development – Providing training and placement for people to access job opportunities
  • Diversity – Promoting inclusive environments by employing systemic changes to improve the access of individuals of diverse backgrounds

Types of Support

  • Grants – Supporting programs fostering economic self-sufficiency at many types of nonprofit organizations
  • Sponsorships – Partnering with nonprofit organizations on community events
  • Matching Gifts – Matching employee donations to qualifying organizations
  • Community Leadership Gifts – Providing gifts to charitable organizations on whose board an employee serves
  • Volunteers – Helping nonprofit organizations with projects through Neighbors Make the Difference® Day or other volunteer support

Total Contributions

  • $17.3 million (2013)

Restrictions

KeyBank Foundation cannot fund every worthwhile endeavor. In general, we do not make the following types of grants:

  • Grants outside of the following states in which we have retail operations: Alaska, Colorado, Idaho, Indiana, Kentucky, Maine, Michigan, New York, Ohio, Oregon, Utah, Vermont, and Washington
  • Grants to charitable organizations that discriminate against individuals on the basis of race, color, religion, national origin, age, gender, gender identity, disability, or sexual orientation
  • Grants to individuals
  • Grants for memberships
  • Grants for lobbying or political activities
  • Grants for advertisements
  • Grants to athletic teams
  • Grants to organizations outside the United States
  • Grants to organizations that are inconsistent with U.S. equal opportunity policies
  • Grants to selected organizations with Internal Revenue Code Section 509(a)(3) status

Requests for Support

Grant and Charitable Sponsorship Applications:

The KeyBank Foundation typically reviews and decides upon grant requests each quarter, through committees of officers within the organization. There are no deadlines for grant applications. Separate from grants, charitable sponsorship requests are considered as they are received. We ask that both grant and sponsorship requests be complete and concise.

Prior to Applying:

If you’d like to speak with us prior to applying for a grant or charitable sponsorship, please contact your nearest KeyBank market office with questions. Preliminary inquiries are accepted by telephone or in writing. You may also develop a draft of the application and share with us via email prior to submitting. Please provide the following information about your organization and the program for which funding is requested: name, address, telephone number, IRS tax-exempt classification, tax ID #, program description, goals you hope to achieve, and amount requested.

Grant Recipients:

Recipients of grants must submit interim reports on an annual basis and a final report no later than three (3) months after the completion of the project and prior to any new funding request. Program grant reports should include copies of all publicity related to the project.