Synovus Establishes $4 Million Charitable Giving Fund
December 21 2021 - 2:00PM
Business Wire
Synovus today announced the establishment of the Here Matters
Community Fund, a $4 million charitable giving fund through which
Synovus will expand its investments in communities throughout the
bank's five-state Southeastern footprint.
Complementing Synovus' already established corporate giving
strategy, the Here Matters Community Fund will enable the company
to make even more impactful gifts to causes and organizations with
footprint wide impact. Funds will be primarily invested in the
areas of affordable housing, services that help low-to-moderate
income communities, groups that deliver financial education and
literacy programs, and organizations that encourage economic
development.
“The Here Matters Community Fund marks a meaningful step forward
in Synovus’ commitment to community investment,” said Kevin Blair,
Synovus president and CEO. “We believe deeply in our purpose to
help individuals and communities realize their full potential. Our
new charitable giving fund will enhance our ongoing volunteerism
and corporate donation efforts as we invest in, support, and
encourage lasting change across our footprint.”
The Here Matters Community Fund is a donor advisor fund managed
by The Family Office at Synovus. Synovus’ corporate giving strategy
outlines the company's formal process for aligning with various
organizations, making corporate donations, and participating in
volunteer opportunities. The strategy includes the company's Here
Matters community outreach, Raise the Banner financial education,
and corporate donations programs. Throughout 2021, Synovus awarded
more than $3 million to more than 500 organizations throughout the
bank's five-state footprint. The financial services company will
formally announce 2022 corporate donation recipients early next
year.
Synovus Bank, a Georgia-chartered, FDIC-insured bank,
provides commercial and retail banking and a full suite of
specialized products and services, including private banking,
treasury management, wealth management, mortgage services, premium
finance, asset-based lending, structured lending, and international
banking through 281 branches in Georgia, Alabama, South Carolina,
Florida, and Tennessee. Synovus is a Great Place to Work-Certified
Company and is on the web at synovus.com, and on Twitter, Facebook,
LinkedIn, and Instagram.
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version on businesswire.com: https://www.businesswire.com/news/home/20211221005680/en/
Alison Dowe Media Relations ALISONDOWE@synovus.com
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