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11/28/2017

Citizens Charitable Foundation Announces $250,000 in Grants To Non-Profits

Donations across Bank’s Footprint Funded by Colleague, Leadership Donations

PROVIDENCE, R.I.--(BUSINESS WIRE)-- The Citizens Charitable Foundation today announced the recipients for nearly $250,000 in grants to non-profit organizations serving those in need across the communities served by the bank.

Funding for the grants resulted from donations to the Foundation made by Citizens colleagues during its annual payroll giving campaign as well as $200,000 in personal donations pledged by the bank’s senior leadership team at the end of 2016.

“The commitment demonstrated by our colleagues to their communities by making these donations is commendable,” said Barbara Cottam, Chairman of the Citizens Charitable Foundation. “These grants will fund great organizations that are working hard every day to make a difference and to help people reach their potential.”

Citizens Bank colleagues voted on which organizations to support across the bank’s priority giving areas: financial literacy, fighting hunger, and strengthening communities. Each organization proposed specific plans for using grant funds to help those they serve.

In Rhode Island, for example, Children’s Friend will use the funds to provide critical ongoing care, assessment, and connections to community resources for families through its First Connections program. In Massachusetts, Year Up plans to use its grant to help serve 560 young adults through various education programs. In Eastern Pennsylvania, Philabundance plans to leverage the gift to support its hunger relief operations, which provide food to 90,000 people weekly in the Delaware Valley.

Citizens supports employee efforts to give back to their communities through a variety of programs that include payroll giving, matching gifts and volunteerism. Last year, Citizens colleagues contributed more than 89,000 hours of volunteer time in their communities. More information regarding our community programs can be found here.

The following organizations received grants this year:

About Citizens Financial Group, Inc.
Citizens Financial Group, Inc. is one of the nation’s oldest and largest financial institutions, with $151.4 billion in assets as of September 30, 2017. Headquartered in Providence, Rhode Island, Citizens offers a broad range of retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations and institutions. Citizens helps its customers reach their potential by listening to them and by understanding their needs in order to offer tailored advice, ideas and solutions. In Consumer Banking, Citizens provides an integrated experience that includes mobile and online banking, a 24/7 customer contact center and the convenience of approximately 3,200 ATMs and approximately 1,200 branches in 11 states in the New England, Mid-Atlantic and Midwest regions. Consumer Banking products and services include a full range of banking, lending, savings, wealth management and small business offerings. In Commercial Banking, Citizens offers corporate, institutional and not-for-profit clients a full range of wholesale banking products and services, including lending and deposits, capital markets, treasury services, foreign exchange and interest rate products and asset finance. More information is available at www.citizensbank.com or visit us on Twitter, LinkedIn or Facebook.

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Citizens Financial Group, Inc.
Rory Sheehan, 781-655-3931
[email protected]

Source: Citizens Financial Group, Inc.