BNY Mellon Awards Operating Support Grants to Boston-area Nonprofits

By PR Newswire,  July 28, 2014, 08:00:00 AM EDT


Eugene F. Fay Trust Mini-Grants Program to provide critical funding for organizations focused on basic needs and workforce development

BOSTON, July 28, 2014 /PRNewswire/ -- Through the generosity of The Eugene F. Fay Trust, BNY Mellon has awarded operating support grants to 10 Boston-area nonprofits, providing them with critical funding for capacity-building activities. The Eugene F. Fay Trust Mini-Grants Program provides organizations with $5,000 grants for technical assistance and non-programmatic support aimed at strengthening the overall organization or a particular program.

"Operating support is more important than ever to nonprofits, who are tasked with providing critical services to people in need and are expected to do so with the latest technologies," said Joanne Jaxtimer, BNY Mellon Regional Executive. "However, state-of-the-art equipment costs money, and since so often a nonprofit's budget is donor-driven and mission-specific, more often than not, it's money that these groups don't have. Through the generosity of the Eugene F. Fay Trust, we're able to help fill that gap."

Ellis Memorial, Boston's first settlement house, received a Eugene F. Fay Trust grant in 2013 to upgrade its email system and migrate its website content management system. "The Eugene F. Fay Trust grant from BNY Mellon provided the way forward for us when we needed to strengthen our internal and external communication tools," said Leo Delaney, CEO of Ellis Memorial. "Now that we have the tools we need to work more efficiently, we're able to grow in ways and areas we hadn't before."

RESPOND, Inc., New England's first domestic violence agency, received a Eugene F. Fay Trust grant in 2013 and is also one of this year's recipients. "Our crisis hotline is often the first place survivors of domestic violence turn when looking to escape abuse, but our phone system was so outdated that it was no longer able to be serviced, which meant that we were unable to adequately support incoming calls for help," said Jessica Brayden, executive director of RESPOND, Inc. "Because of the funding we received from BNY Mellon, we were able to upgrade to an internet-based telephone system and answer 3,500 crisis calls this year."

"At BNY Mellon, we have always felt that it's our mission to identify good partners and provide them with the funding they need to move forward with their work," added Jaxtimer. "We know that they appreciate the financial support, but it's wonderful to hear from our community partners about the positive impact these grants have had on their organizations, since it reaffirms our strategy of providing non-programmatic lifeline grants."

The 2014 Eugene F. Fay Trust Mini-Grant awardees are:

  • Asian Task Force Against Domestic Violence - To purchase an integrated database management system that will improve the efficiency and impact of the organization's programs.
  • Elizabeth Stone House - To purchase performance management and outcomes measurement software that will allow the organization to better track and report on its program data.
  • Family Nurturing Center - To undertake a re-branding project that will allow the organization to increase awareness and name recognition among new donors.
  • Family Service of Greater Boston, Inc. - To purchase 14 computers that will support the agency's clinical operations.
  • InnerCity Weightlifting - To fund retreats that will provide staff with meaningful professional and personal development opportunities.
  • Pine Street Inn - To provide Trauma-Informed Care (TIC) Training to its staff so they can better serve their clients who are experiencing homelessness.
  • RESPOND, Inc. - To purchase new and different types of outreach materials that will help domestic violence survivors recognize abuse and seek help.
  • Rosie's Place - To purchase 10 iPads and a docking station that will help homeless women gain technology skills.
  • Solutions at Work - To purchase a cloud-based centralized database that will allow the organization to better capture, report on and share program and donor data.
  • Women of Means - To upgrade its information technology system to ensure a secure email system that will allow clinicians to remotely access and maintain patient records.

In selecting grantees, BNY Mellon chose programs and initiatives that fit both the Eugene F. Fay Trust's charitable purpose and the company's philanthropic focus on helping people in need by concentrating on basic needs and workforce development opportunities. Learn more about the company's world-wide commitment to social responsibility at www.bnymellon.com/csr.

BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment management and investment services in 35 countries and more than 100 markets. As of June 30, 2014, BNY Mellon had $28.5 trillion in assets under custody and/or administration, and $1.6 trillion in assets under management. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE:BK). Additional information is available on www.bnymellon.com, or follow us on Twitter @BNYMellon.

Contact:

Amy Shipper



+1 212-635-7755



amy.shipper@bnymellon.com

SOURCE BNY Mellon



This article appears in: News Headlines

Referenced Stocks: BK


Latest News Video





Most Active by Volume

Company Last Sale Change Net / %
BAC $ 16.26 0.05 ▲ 0.31%
AAPL $ 99.76 2.09 ▲ 2.14%
PBR $ 14 0.93 ▼ 6.23%
PFE $ 27.93 0.10 ▲ 0.36%
QQQ $ 94.39 1.39 ▲ 1.49%
CSCO $ 22.93 0.32 ▼ 1.38%
MSFT $ 44.08 0.45 ▲ 1.03%
FB $ 76.95 1 ▲ 1.32%

As of 10/20/2014, 04:15 PM