This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

BNY Mellon Awards Operating Support Grants To Boston-Area Nonprofits

Stocks in this article: BK

BOSTON, June 10, 2013 /PRNewswire/ -- Through the generosity of The Eugene F. Fay Trust, BNY Mellon has awarded operating support grants to 10 Boston-area nonprofits, providing them with critical funding for capacity-building activities.  The Eugene F. Fay Mini-Grants Program provides organizations with $5,000 grants for technical assistance and non-programmatic support aimed at strengthening the overall organization or a particular program.

"In addition to providing critical services to people in need, nonprofits also have to manage the very real challenges of keeping their organizations running – and not just running, but running efficiently with up-to-date technologies," said Joanne Jaxtimer, BNY Mellon Regional Executive.  "In this era of lean giving and tight budgets, operating support is more important than ever to these groups.

"Non-programmatic lifeline grants, like the ones awarded through the Eugene F. Fay Trust, enable nonprofits to do what they do best – focus on giving help where it's needed – while ensuring that the basic needs of their organizations are met," added Jaxtimer.  "The best way we can honor Mr. Fay and his generosity is by identifying good partners and providing them with the financial and technical investment they need to move forward with their work and meet their organizational goals."

The 2013 Eugene F. Fay Mini-Grant awardees are:

  • AFC Mentoring – To work with a marketing consultant to improve outreach to potential funders, volunteers and youth in need of support.
  • Boys and Girls Clubs of Dorchester – To upgrade outdated computer systems with 10 new computers.
  • Bottom Line – To create a professional development system so staff can apply for stipends to attend trainings, courses or conferences.
  • Ellis Memorial & Eldredge House – To upgrade Ellis Memorial's email system and migrate the agency's website Content Management System. 
  • Ethos – To purchase software that will allow staff to manage and pay bills online for clients, enabling them to devote more time to critical case management.
  • Family Nurturing Center – To facilitate the color printing of its 2013-2018 strategic plan.
  • Friday Night Supper Program – To purchase and install an energy efficient ductless mini-split air conditioner to improve the temperature and air quality of the kitchen for staff and volunteers.
  • Friends of the Children-Boston – To purchase a projector, screen and furniture for a new multi-function room that can be used for internal meetings and community activities.
  • National Braille Press – To assess production equipment and procedures to ensure a safe work environment, and to develop new procedures for staff training.
  • RESPOND – To upgrade its 12-year old telephone system to an internet-based system that will operate more efficiently and effectively and enable staff to better serve victims and survivors of domestic violence.

In selecting grantees, BNY Mellon chose programs and initiatives that fit both the Eugene F. Fay Trust's charitable purpose and the company's philanthropic focus on Powering Potential, which is helping people in need by concentrating on basic needs and workforce development opportunities, by targeting organizations that provide food, clothing, energy and housing assistance to those who need immediate help, and improve access to employment through job training and skills development.  Learn more about Powering Potential or the company's world-wide commitment to social responsibility at www.bnymellon.com/csr.  

BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle.  Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment management and investment services in 36 countries and more than 100 markets.  As of March 31, 2013, BNY Mellon had $26.3 trillion in assets under custody and/or administration, and $1.4 trillion in assets under management.  BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments.  BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK).  Additional information is available on www.bnymellon.com, or follow us on Twitter @BNYMellon.

SOURCE BNY Mellon

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,380.41 +263.17 1.63%
S&P 500 1,886.76 +24.00 1.29%
NASDAQ 4,258.4380 +41.0480 0.97%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs