BOSTON, Jan. 14, 2019 /PRNewswire/ -- Santander Bank today announced that it has
donated more than $2 million to 66
non-profit organizations that support low- and moderate-income
(LMI) individuals, families and communities primarily located in
its Northeast footprint in the third and final round of charitable
funding in 2018. In total, the Bank committed more than
$10 million to 355 not-for-profit
organizations in 2018.
"At Santander Bank, we believe that respect should be the
foundation for everything we do, including how we engage in the
communities where we live and work," said Seth Goodall, Santander's Executive Director of
Corporate Social Responsibility. "We are proud of our partnerships
with these organizations that work to stabilize neighborhoods,
provide affordable housing, support vulnerable populations, and
help entrepreneurs and small businesses in low- and moderate-income
communities prosper."
The Santander Bank Charitable Contributions Program awards
grants by investing in programs that improve the quality of life
for the residents in the neighborhoods where the Bank's customers
and colleagues live and work. In addition to supporting economic
and small business development, grants from this funding cycle also
support affordable housing, workforce development, community
services, financial education and neighborhood revitalization.
Grants awarded during this funding cycle include:
- Massachusetts Affordable Housing Alliance - $100,000 to provide comprehensive homebuyer and
homeowner education, including post-purchase education and
assistance to LMI households throughout the greater Boston area.
- Housing and Community Development Network of New Jersey - $55,000 to support housing counseling agencies
offering financial education and training on homeownership, fair
housing laws and renters' rights to LMI households in New Jersey.
- Clarifi - $75,000 to
provide LMI households in the Delaware Valley with free financial
counseling and resources around credit, navigating financial
technology, reducing debt, increasing savings and asset
building.
- Jewish Vocational Service - $85,000 to provide financial coaching and free
tax preparation services to LMI individuals and families throughout
New England.
- Business Center for New Americans - $52,500 to expand lending and financial education
programs for LMI women and minority-owned businesses in
New York City.
Non-profit organizations interested in applying for a grant can
access Santander's application guidelines by visiting the Santander
Charitable Contributions Program or sending questions to
santandercharitablecont@santander.us.
A full listing of charitable grants awarded in the third round
of funding in 2018 is available at
www.santanderbank.com/us/about/media-center.
Santander Bank,
N.A. is one of the country's largest retail and
commercial banks with $74.2 billion
in assets. With its corporate offices in Boston, the Bank's approximately 9,600
employees, over 600 branches, more than 2,000 ATMs and 2.1 million
customers are principally located in Massachusetts, New
Hampshire, Connecticut,
Rhode Island, New York, New
Jersey, Pennsylvania and
Delaware. The Bank is a
wholly-owned subsidiary of Madrid-based Banco Santander, S.A. (NYSE: SAN)
- one of the most respected banking groups in the world with more
than 125 million customers in the U.S., Europe, and Latin
America. It is overseen by Santander Holdings USA, Inc., Banco Santander's intermediate
holding company in the U.S. For more information on Santander Bank, please visit
www.santanderbank.com.
Media
Contact:
Nancy Orlando
617-757-5765
nancy.orlando@santander.us
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SOURCE Santander Bank