The Bank of New York Mellon Donates $60,000 to Four Syracuse-Based Nonprofits
February 17 2009 - 9:00AM
PR Newswire (US)
Financial Stability Initiative Bolsters Safety-Net Programs,
including Basic Needs, Education, Wellness and Community Inclusion
Services SYRACUSE, N.Y., Feb. 17 /PRNewswire-FirstCall/ -- The Bank
of New York Mellon has awarded $60,000 to four area nonprofit
organizations -- OnPoint for College, Inc., Arc of Onondaga, AIDS
Community Resources and the Food Bank of Central New York. The
contributions illustrate the company's long tradition of supporting
the communities in which its employees live and work, including the
greater Syracuse region. "As a corporate leader and involved
corporate citizen, these contributions are designed to improve the
overall quality of life within our community," said Chris Mozina,
Managing Director of Corporate Trust Operations. "Employees within
the Syracuse region have a strong engagement with each of the
organizations chosen. Giving back is part of our culture." The
$60,000 in charitable contributions representing the company's
Syracuse-based employees was directed to: OnPoint for College, Inc.
-- $20,000 for at-risk, low-income youths to pursue higher
education and advanced studies. More than 98% of the program
participants are first-generation college students. Nearly, 1,100
area students have enrolled in 155 colleges and universities. Arc
of Onondaga -- $15,000 for operating support. Founded in 1951, Arc
of Onondaga's residential, vocational, clinical and habilitative
services have helped people with developmental disabilities achieve
their fullest potential, turning disability into ability. It is
estimated that 10 million Americans live with some form of
developmental disabilities. AIDS Community Resources (ACR) --
$15,000 for operating support. ACR provides prevention, education,
and support services to persons living with or affected by HIV/AIDS
in the Central, Northern, and Mohawk Valley regions of New York
State. One of ACR's groundbreaking prevention programs, DIVAS,
helps to educate young Hispanic and African American women about
HIV/AIDS and reduce risky behavior. Food Bank of Central New York
-- $10,000 to help eliminate hunger through food distribution,
education and advocacy. This contribution was part of The Bank of
New York Mellon's corporate-wide initiative to purchase meals for
more than 100,000 people worldwide. The Bank of New York Mellon's
philanthropic focus, called the Financial Stability Initiative,
concentrates on safety-net, workforce development, education,
financial literacy and affordable housing programs, which are
essential for strong, healthy communities. The Bank of New York
Mellon Corporation is a global financial services company focused
on helping clients manage and service their financial assets,
operating in 34 countries and serving more than 100 markets. The
company is a leading provider of financial services for
institutions, corporations and high net-worth individuals,
providing superior asset management and wealth management, asset
servicing, issuer services, clearing services and treasury services
through a worldwide client-focused team. It has $20.2 trillion in
assets under custody and administration, $928 billion in assets
under management and services more than $11 trillion in outstanding
debt. Additional information is available at
http://www.bnymellon.com/. Locally, the Bank has operations in
Syracuse. DATASOURCE: The Bank of New York Mellon Corporation
CONTACT: Lane M. Cigna, +1-412-234-0575, Web Site:
http://www.bnymellon.com/
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