Community Development

CIT Group Inc. (CIT) today announced that it has made a donation to The Arc of the Bay, a nonprofit organization based in Lynn Haven, FL that provides support and opportunities for adults with disabilities.

CIT Group Inc. (CIT) today announced that it has donated 30,000 meals to those in need through Three Square Food Bank, Southern Nevada's only food bank and the area's largest hunger-relief organization.

Wells Fargo & Company (NYSE: WFC) announced today that it pledged up to $20 million to support the New York Forward Loan Fund (NYFLF), an economic revitalization program across New York State.

Arrow Electronics honored eighth-grader Aryan Mangal with its 2020 Innovation in Electronics Award at the fifth annual Invention Convention U.S. Nationals. Held virtually, the competition showcased nearly 500 K-12 inventors and entrepreneurs from around the country.

Article 135 of the India Company Act introduced the first mandatory CSR law in the world, requiring large companies to spend at least 2% of annual profits giving back locally. We turned to both our India-based employees and CAF India for guidance.

CIT Group Inc. announced that the nonprofit Flushing Town Hall received the most support in its Acts of Caring online poll, and as a result the company will double its grant to expand virtual family programming for the diverse communities of Queens, NY.

Comerica Bank continues its response to supporting local communities with investments totaling $2 million to Community Development Financial Institutions (CDFIs) assisting small businesses impacted by the COVID-19 crisis.

We recently sat down with CEO and co-founder Jessica to learn more about how AnnieCannons has adapted to the pandemic, how they are reaching their goals earlier than expected, and creating more opportunities for their students and instructors.

The Sustainable Development Report 2020 notes that 43 countries in Africa have achieved the targets for SDG 13, alongside more than a dozen other countries throughout Asia and Latin America. Moldova is the only country in Europe to have achieved SDG 13.

Recent events have shown us that racism is still very much alive, and that people are hungry to make a difference. Join Benevity & Mortenson on July 29th for a deep dive into how companies can continue to take action.