$100,000 Donation to Women in HVACR to
Support Scholarships as Part of Synchrony's Education as an
Equalizer Initiative
STAMFORD, Conn., Oct. 23,
2024 /PRNewswire/ -- Synchrony (NYSE: SYF), a
premier consumer financial services company, is a steadfast
advocate for womens' representation in trade jobs as a driver of
economic opportunity. The company is reinforcing that belief with a
$100,000 donation from the Synchrony
Foundation to Women in HVACR (WHVACR). The commitment will fund
scholarships for women pursuing careers in the heating,
ventilation, air conditioning, and refrigeration (HVACR)
industry.
"Synchrony's support plays a crucial role in our shared mission
to encourage networking, education, mentoring, and increasing the
presence of women in the trades," said Lori
Tschohl, President, Women in HVACR. "We believe fostering
diversity and providing opportunities for women in HVACR enriches
our industry and ensures a broader range of perspectives and
solutions."
The donation, presented at WHVACR's 21st Annual Conference in
Dallas, Texas, includes
$50,000 to be awarded in 2024 and an
additional $50,000 in 2025. This
contribution builds on Synchrony's existing sponsorship of WHVACR,
which includes organizational memberships and support for
educational events throughout the year.
"By investing in scholarships for women in trades like HVACR,
we're not only supporting individual career growth but also
strengthening the industry as a whole," said Curtis Howse, EVP and CEO, Home & Auto,
Synchrony. "Our partnership with Women in HVACR aligns with
Synchrony's commitment to expanding access to education and
supporting diversity in trade industries."
The donation to WHVACR is part of Synchrony's broader Education
as an Equalizer initiative, which aims to unlock economic
opportunity for underserved communities through expanded access to
higher education, skills training, and financial
literacy.
"Education as an Equalizer is at the core of our philanthropic
efforts," said Synchrony Foundation President Denise Yap. "By supporting organizations like
WHVACR, we're helping to create pathways for underrepresented
groups to access education and build successful careers in
high-demand fields."
In 2023, Synchrony and the Synchrony Foundation donated over
$19 million to more than 400
charitable organizations. The company's commitment to corporate
citizenship extends beyond financial contributions, with employees
logging over 19,200 volunteer hours in 2023. Learn more about
Synchrony's corporate citizenship initiatives here:
https://www.synchrony.com/about-us/corporate-citizenship.
About Women in HVACR
Women in HVACR (WHVACR) exists to improve the lives of its members
by providing professional avenues to connect with other women
growing their careers in the HVACR industry. The organization
empowers women to succeed through networking opportunities,
mentoring, and education. For more information, please visit
https://www.womeninhvacr.org.
About Synchrony
Synchrony (NYSE: SYF) is a premier consumer financial services
company delivering one of the industry's most complete digitally
enabled product suites. Our experience, expertise and scale
encompass a broad spectrum of industries including digital, health
and wellness, retail, telecommunications, home, auto, outdoor, pet
and more. We have an established and diverse group of national and
regional retailers, local merchants, manufacturers, buying groups,
industry associations and healthcare service providers, which we
refer to as our "partners." We connect our partners and consumers
through our dynamic financial ecosystem and provide them with a
diverse set of financing solutions and innovative digital
capabilities to address their specific needs and deliver seamless,
omnichannel experiences. We offer the right financing products to
the right customers in their channel of choice. For more
information, visit www.synchrony.com.
Contact:
Michelle Romero
Synchrony
michelle.romero@syf.com
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SOURCE Synchrony Financial