A Grant From An Incredible Bank To Rockland Homes For Heroes

ROCKLAND HOMES FOR HEROES RECEIVES $30,000 FROM THE M&T CHARITABLE FOUNDATION’S $900,000 “30 & 30 INITIATIVE”

Funding Will Support Homes For Homeless Veterans

The M&T Charitable Foundation, the philanthropic arm of M&T Bank (NYSE:MTB), announced that it has awarded $30,000 to Rockland Homes For Heroes. The grant is part of the 30 & 30 Initiative in which 30 organizations across the bank’s footprint received $30,000 to fight homelessness. The 30 & 30 Initiative was launched in commemoration of the foundation’s 30th anniversary.

“Since its beginning, the foundation’s reach and impact for organizations like Rockland Homes For Heroes have been expansive, profound, and lasting,” said Dominique Goss, Executive Director of the M&T Charitable Foundation. “The 30 & 30 Initiative is a sign of what’s to come for the next 30 years and reflects our commitment to tackling critical issues like affordable housing and supporting efforts to provide families the ability to live and thrive in the communities we serve.”

Supporting the development of affordable housing is an important part of the bank’s $43 billion Community Growth Plan which includes $20 billion for community development initiatives and affordable housing.

More than 90 different organizations were nominated by teams in each of the company’s regions.

To finalize the 30 recipient organizations and distribute the funding, the Foundation collaborated with OutcomesX, a first-of-its-kind social outcomes market that leverages Impact Genome Registry’s (IGR) impact standard to bring transparency and equity to the social sector.

To execute the initiative, nominated organizations were asked to register their program with IGR to ensure it met the Foundation’s criteria. Using the standardized information, M&T employees in each region voted for their charity of choice, assisting in the selection of the 30 grant-recipient organizations.

The finalist organizations were then required to verify their impact with the IGR. This process enabled the Foundation to understand the actual social impact that each organization and grant had on the communities they serve. Each $30,000 grant is unrestricted so that resources can be allocated where they are needed most, enabling the organizations to address evolving community needs and challenges.

Founded in 1993, the M&T Charitable Foundation works in partnership with non-profit organizations that focus on improving the quality of life for the bank’s customers, employees, and neighbors. Awarding nearly $40 million in grants each year, the Foundation has given more than $534 million to thousands of nonprofit organizations throughout its 30-year existence.

For more information on the 30 & 30 Initiative, including the full list of grant recipients and their locations, please click here. https://www3.mtb.com/amplifyfund

About M&T Charitable Foundation

The M&T Charitable Foundation, the philanthropic arm of M&T Bank, is a 501(c)(3) not-for-profit charitable organization founded in 1993 and funded by M&T Bank. The M&T Charitable Foundation awards nearly $40 million in grants per year to thousands of nonprofit organizations focused on improving the quality of life in the areas the bank serves.

About M&T Bank

Rockland Homes For Heroes was brought to the attention of this Foundation by the M&T Bank in the Village of Nyack which has always been supportive of the Charities in Rockland County for many years.