Core Points - The M&T Charitable Foundation has committed nearly $40 million in 2025 to address human wellness issues, including hunger [1] - A $600,000 emergency relief grant has been announced to support food banks and hunger relief organizations across M&T Bank's 12-state footprint [1][2] - The grant aims to strengthen local food bank networks and ensure families have access to essential resources during the holiday season [2] Funding and Allocation - The $600,000 emergency relief will be distributed through M&T's regional Charitable Committees, benefiting various organizations based on local needs [2] - Beneficiaries include families, children, seniors, and working individuals who rely on food banks for support [2] Employee and Community Engagement - M&T Bank is launching a four-week initiative to encourage employee generosity and volunteerism, including a $25 gift for every employee to donate to a nonprofit of their choice [4] - The Foundation has allocated up to $400,000 for donation matching and incentives to amplify employee contributions [4] - Customers and community members are invited to support local food banks through volunteering or donations [5] Organizational Commitment - M&T Bank emphasizes its responsibility to support communities, especially during challenging times, through initiatives like the relief grant and employee giving campaign [6] - The M&T Charitable Foundation, established in 1993, partners with nonprofit organizations to drive equitable change and build inclusive communities [7]
M&T Charitable Foundation Commits $600,000 to Food Banks Across Its Footprint, Launches Employee and Community Giving Campaign to Combat Hunger