Track topics on Twitter Track topics that are important to you
-- Company contributions support Community Development and Youth & Education --
-- First Niagara teammates donated an additional $500,000 and contribute more than 26,000 volunteer hours --
BUFFALO, N.Y., June 2, 2015 (GLOBE NEWSWIRE) -- First Niagara Financial Group, Inc.'s (Nasdaq:FNFG) support of programs in community development, as well as youth and education, included 26,000 employee volunteer hours and more than $10 million in charitable giving last year.
The company recently released its 2014 community report, highlighting some of the more than 1,250 non-profit partners, programs and people that First Niagara worked with to enhance communities across New York State, Pennsylvania, Connecticut and Massachusetts.
"First Niagara's customers and employees share a deep commitment to making a real and measurable difference in the communities where we all work, live and raise our families together," said Jennifer Sanfilippo Director, Corporate Social Responsibility. "We're pleased to have the opportunity to collaborate with so many dedicated non-profit partners and are very proud of the grass-roots efforts undertaken by so many First Niagara team members in our communities, every day."
In addition to First Niagara's corporate and foundation grants totaling more than $10 million in 2014, the company's employees donated nearly $450,000 to the United Way's annual campaign, while local Employee Volunteer Councils held more than 250 events raising more than $110,000 for not-for-profit organizations and causes. The company also completed more than $155 million in community development loans to help spark economic development activities and job creation across its four-state footprint.
In order to make a meaningful and measurable impact, First Niagara focuses corporate and foundation grant making in a few core areas highlighted in the company's 2014 community report: "Building the Community. Shaping the Future."
Youth & Education
With the conviction that there isn't a single community that can't be improved by helping at-risk youth find a positive path toward a promising future, nearly half of First Niagara's giving is focused on youth and education programs, including the following:
Every community the company serves has fueled its success. In turn, First Niagara is focusing its energy on revitalizing local economies by investing in startups, entrepreneurs and small businesses, as well as supporting non-profit and community-based partnerships, such as the following:
First Niagara remains committed to operating as a socially responsible company and during 2015, in addition to its corporate giving and community investment programs, will focus on areas including:
About The First Niagara Foundation
The First Niagara Foundation is a not-for-profit charitable entity. Founded in 1998, the First Niagara Foundation is committed to supporting organizations in the communities in which we live and work, with specific focus on Youth and Education, Community Development and Neighborhood Revitalization. In 2014, First Niagara contributed more than $10 million in charitable grants and sponsorships to community partners across the bank's four-state footprint. For additional information on First Niagara, visit us at www.firstniagara.com, follow us on Twitter @FirstNiagara, or like us on Facebook at FirstNiagaraBank.
About First Niagara
First Niagara, through its wholly owned subsidiary, First Niagara Bank, N.A., is a multi-state community-oriented bank with approximately 390 branches, $39 billion in assets, $28 billion in deposits, and approximately 5,300 employees providing financial services to individuals, families and businesses across New York, Pennsylvania, Connecticut and Massachusetts. For additional information on First Niagara, visit us at www.firstniagara.com, follow us on Twitter @FirstNiagara, or like us on Facebook at FirstNiagaraBank.
CONTACT: News Media Contact: Jodi Johnston (716) 270-8612 Jodi.Johnston@fnfg.comNEXT ARTICLE
Collaborations in biotechnology
Commercial and academic collaborations are used throughout the biotechnology and pharmaceutical sector to enhance research and product development. Collaborations can take the form of research and evaluation agreements, licensing, partnerships etc. ...
Alliances, mergers acquisitions and partnerships
BioPortfolio's alliances, mergers acquisitions and partnerships channel provides the latest news and corporate information on the global bio-pharmaceutical industry.
Mergers & Acquisitions
Commercial and market reports on mergers and acquisitions in the biotechnology, pharmaceutical, medical device and life-science industries. Mergers and acquisitions (abbreviated M&A;) is an aspect of corporate strategy, corporate finance and manageme...