Funding supports the agency’s permanent supportive housing solutions for underserved people.
Buffalo, NY– March 27, 2024 – The M&T Charitable Foundation, the philanthropic arm of M&T Bank (NYSE:MTB), today announced that it has awarded $30,000 to Community Services for Every1. The grant is part of the 30 & 30 Initiative in which 30 organizations across the bank’s footprint received $30,000 to fight homelessness and develop affordable housing in low- to moderate-income communities. The 30 & 30 Initiative was launched in commemoration of the foundation’s 30th anniversary.
“We are grateful to have been recognized and selected to receive this award from The M&T Charitable Foundation. Over the last three decades, Community Services has developed and provided permanent supportive housing solutions for underserved people and families in Erie and Niagara Counties. This award will directly contribute to our continued growth in this vital area.” said Mindy Cervoni, President and CEO.
Since 1989, Community Services for Every1 has been dedicated to fulfilling its mission to partner with individuals of all abilities to reach their fullest potential, protecting their rights and promoting their independence and inclusion in our community. Annually, the agency supports over 2,200 individuals in Erie and Niagara Counties, specializing in aiding people who contend with acute life challenges—notably (1) people with developmental disabilities, (2) youth and adults with chronic health conditions and complex mental health concerns and (3) survivors of domestic violence. Community Services provides a comprehensive spectrum of trauma-informed, person-centered supports, including an array of care coordination, residential services, skill building, employment services, advocacy, behavioral intervention services, and more.
“Since its beginning, the foundation’s reach and impact for organizations like Community Services for Every1 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 Community Services for Every1
Community Services for Every1 is a nonprofit whose mission is to partner with individuals of all abilities to reach their fullest potential, protecting their rights and promoting their independence and inclusion in our community. Community Services provides a comprehensive range of services such as habilitation services, domestic violence support services, family support services, employment and skill-building services, behavioral and mental health services, and much more. For the past 35 years, Community Services for Every1 has been providing high quality, person-centered services to the Western New York community while promoting inclusion, accessibility, and person-centered support. For more information, visit www.csevery1.com.
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
M&T Bank Corporation is a financial holding company headquartered in Buffalo, New York. M&T’s principal banking subsidiary, M&T Bank, provides banking products and services in 12 states across the eastern U.S. from Maine to Virginia and Washington, D.C. Trust-related services are provided in select markets in the U.S. and abroad by M&T’s Wilmington Trust-affiliated companies and by M&T Bank. For more information on M&T Bank, visit www.mtb.com.
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About OutcomesX
OutcomesX is a social outcomes market whose mission is to transform social impact into a tradable good that impact investors, corporations, and philanthropy can purchase from vetted nonprofits and social enterprises. OutcomesX creates the infrastructure to standardize, price, trade, and report on social impact where outcome buyers benefit from price discovery and verified data to inform social spend, and impact producers get access to liquidity and reduced fundraising and reporting burden. Above all, OutcomesX brings efficiency and equity to the business of social impact, allowing any organization, large, small, or community-led, access to capital based on their results.