PITTSBURGH, Dec. 23, 2013 /PRNewswire/ -- BNY Mellon, the global leader in investment management and investment services, and its employees donated more than $7.5 million and 15,000 hours of volunteer service to Pittsburgh-area nonprofits during 2013.
BNY Mellon's philanthropic focus is on helping people in need by concentrating on basic needs and workforce development opportunities. BNY Mellon supports programs and initiatives that make local communities better places to live and work, particularly 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.
"We are committed to strengthening the communities in which our employees live and work, with collaborative, effective charitable programs that deliver financial assistance and harness our employee talent to make a difference for those in need," said James P. McDonald, BNY Mellon's director of global philanthropy.
For 2013, funding in Southwestern Pennsylvania included:
- Food and Shelter – More than $300,000 directed towards programs that provide clothing for youth, temporary and permanent housing for homeless individuals and families, nutritional education, food stamp access, and the distribution of meals.
- Education – More than $1.7 million to support programs that improve high school graduation rates of students; mentoring programs that provide meaningful relationships to at-risk in-school youth including youth transitioning out of foster care; youth internship programs; and scholarship assistance for low-income students.
- Workforce Training – More than $1.3 million to support programs that offer skills training for multiple entry points into industries including culinary arts, information technology, healthcare janitorial services and office positions; resume building, job readiness training and professional certification for individuals entering workforce for the first time; and a pre-professional development program for undergraduates.
- Veterans Initiatives – More than $175,000 to support employment and training programs for returning servicemen and women to successfully transition back into civilian life; support for military families to pursue educational training, licensing and certification to increase employability; and housing assistance to prevent homelessness among the veteran population.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- 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 + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV