Kitsap Peninsula Business Journal
1-7-2004
Keycorp ranked among top
U.S. corporate givers

KeyCorp, the parent company of KeyBank, ranks 13th among the most generous cash giving companies in America, according to BusinessWeek’s Dec. 1 special report “America’s Top Givers” and first-ever ranking of America’s most philanthropic companies.

Described by BusinessWeek as “a snapshot of the biggest players in corporate philanthropy,” the list ranks 15 companies based on “gifts as a percentage of revenues,” citing Key with gifts totaling $17 million, 0.277 percent of its 2002 revenues.

Key Foundation grants, corporate donations, and donations made by KeyBank in districts from Seattle-Cascades to Maine are aimed at driving economic self-sufficiency through strategic emphasis on financial education and workforce development.

Key’s Seattle-Cascades District is one of 24 geographic areas nationwide that comprises KeyBank National Association. Seattle-Cascades donates more than $800,000 annually to community organizations throughout the Puget Sound region and Eastern Washington.