Urban League Greater Hartford Awarded $150,000 from KeyBank Foundation

The Urban League of Greater Hartford (ULGH) has received a $150,000 charitable grant from KeyBank Foundation payable over two years to support the agency’s Project Ready program, a signature national youth development direct service. The funds will launch two new modules, (1) STEAM and (2) Financial Capability, to provide high schoolers with skills and experiences to help foster more racial diversity in quantitative fields.

“The Project Ready Scholars have been a cornerstone of our agency’s work and this investment from KeyBank in our students’ financial capabilities will be valuable to them in their personal and professional development,” said David Hopkins, President and CEO of the Urban League of Greater Hartford. “The generous intentionality of this grant from our friends at KeyBank actually makes it the largest annualized ($75,000/year) donation ever presented by a private funder to our Project Ready program!” Founded in 1964 with a mission to promote racial equity through economic empowerment, the Urban League of Greater Hartford is celebrating 60 years as one of the 92 affiliates of the National Urban League, providing programming and services in education, employment, housing, health, and justice.

“Empowering our youth through financial education is an investment in a future where everyone has equal access to economic opportunities and where racial equity thrives,” said Matthew Hummel, KeyBank Connecticut and Western Massachusetts Market President. “KeyBank shares this vision with The Urban League and is proud to support Project Ready as a strong step forward toward that goal.”

Project Ready modules operating in Hartford include mentoring, digital literacy, history and culture, and college success. The addition of the STEAM and Financial Capability modules will provide the Scholars, ranging in age from 14 to 19, with age-appropriate financial literacy in earnings, living expenses, budgeting, maintaining bank accounts, investing, and acquiring assets, as well as workforce readiness and entrepreneurship.

KeyBank’s grant to The Urban League of Greater Hartford is part of the bank’s $40 billion community investments plan focused on economic access and equity to communities across the country. The scope of the plan includes investments and lending in affordable housing, home lending, small business lending, green initiatives, and transformative philanthropy targeted toward workforce development, education, and safe, vital neighborhoods for underserved communities and populations.