BOSTON, Jan. 15, 2020 /PRNewswire/ -- Santander US
("Santander") announced a total commitment of more than
$14.8 million in charitable giving in
2019 across the United States,
including $11.5 million from
Santander Bank, N.A., $800,000 through Santander's Universities
program, $2.19 million through the Santander Consumer
USA Inc. Foundation, and more than
$385,000 from Banco Santander Puerto
Rico.
"Santander continues to invest in the communities we serve
through our charitable giving," said Tim
Wennes, Santander US Chief Executive Officer. "Our
charitable giving approach is focused on helping people and
businesses prosper, and we recognize the value that financial
support provides to the non-profit organizations working to make a
difference in the communities we serve."
Santander's charitable giving across the United States focuses on non-profit
organizations that drive prosperity in three key areas: financial
empowerment, small business and entrepreneurship, and affordable
housing and healthy communities. "Santander has identified these
areas as key needs of the communities where we live and work," said
Seth Goodall, Santander's Executive
Director of Corporate Social Responsibility. "The organizations we
support through grants are able to provide services, programming
and resources in these areas to create change in the lives of
individuals and families in our communities, which ultimately makes
our communities stronger."
Santander Bank awarded
$11.5 million to 336 organizations
across two grant cycles in its northeast footprint. The second
cycle concluded in October and awarded $6.2
million to 179 organizations supporting low- to
moderate-income communities:
- $1.95 million to 63 organizations
focused on financial empowerment programming for financial
education, workforce development and career readiness
- $927,000 to 26 organizations
supporting entrepreneurship and small business through technical
assistance, mentoring, educational programming and capital seed
grants
- $2.35 million to 90 organizations
that improve the quality of life and neighborhoods through support
for affordable housing and healthy communities
- $1.01 million in Year Two grants
supporting 13 Community Development Financial Institutions ("CDFI")
as part of the Bank's three year, $3
million CDFI Initiative
Santander Universities, a program focused on supporting higher
education, conducted a pilot program in 2019 that included
$800,000 in gifts to 17 universities,
colleges and community colleges across the United States to fund scholarships and
programming for first-generation, entrepreneurial students. The
grants will provide workshops, internships, course tuition,
mentoring and project funding for more than 300 eligible
students.
Santander Consumer, headquartered in Dallas, contributed to Santander's overall
charitable giving through the Santander Consumer USA Inc. Foundation ("the Foundation"),
awarding a total of $2.19 million to
24 organizations throughout 2019 within Santander Consumer's key
employment markets of Dallas, TX,
Phoenix/Mesa, AZ, and Denver, CO. The Foundation's awards culminated
with a third grant cycle in December, granting $900,000 to nine non-profit organizations.
Banco Santander Puerto Rico is a key contributor to community
investment, improvement and higher education in Puerto Rico. In 2019, BSPR provided more than
$385,000 in charitable contributions
to 73 agencies and institutions of higher education across the
island.
To learn more about Santander's charitable giving programs,
program eligibility and the application process, please visit:
- Santander Bank and Santander
Universities – For non-profits serving low- to
moderate-income individuals and communities in the northeast
United States, and for non-profit
institutions of higher education, including universities, colleges
and community colleges, please visit
www.santanderbank.com/us/about/charitable-contributions-program
- Santander Consumer USA Inc.
Foundation – For non-profits focused on underserved
communities in the greater communities of Dallas, TX, Phoenix/Mesa,
AZ, and Denver, CO, please
visit www.santanderconsumerusa.com/our-company/foundation
- Banco Puerto Rico Santander – For non-profits
focused on low- to moderate individuals and communities in
Puerto Rico please visit
www.santander.pr
About Santander Holdings USA, Inc.
Santander Holdings
USA, Inc. (SHUSA) is a
wholly-owned subsidiary of Madrid-based Banco Santander, S.A. (NYSE: SAN)
(Santander), one of the most respected banking groups in the world
with more than 125 million customers in the U.K., Europe, Latin
America and the U.S. As the intermediate holding
company for Santander's U.S. businesses, SHUSA includes five
financial companies with more than 17,500 employees, 5.2 million
customers and assets of over $144.8
billion. These include Santander
Bank, N.A., one of the country's largest retail and
commercial banks by deposits; Santander Consumer USA Holdings Inc. (NYSE: SC), an auto finance
and consumer lending company; Banco Santander International of
Miami;
Banco Santander Puerto Rico and Santander Securities LLC; and
Santander Investment Securities Inc. For more information about
Santander Bank, visit
www.santanderbank.com. For more information about Santander
Consumer USA Inc., visit
www.santanderconsumerusa.com
Media
Contacts:
Laurie Kight
214-801-6455
laurie.kight@santander.us
Nancy Orlando
617-757-5765
nancy.orlando@santander.us
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SOURCE Santander Holdings USA,
Inc.