KeyBank Foundation Provides Grant to Neighborhood Allies to Build Equitable Resilience

Nov 10, 2021

KeyBank Foundation Awards a Philanthropic Investment of $400,000.00 to Neighborhood Allies to Support Our Work to Build Equitable Resilience through Economic Opportunity

Over the past six years, Neighborhood Allies has developed expertise in advancing economic opportunity and addressing racial wealth equity. With initiatives like the Financial Empowerment Center and Fund My Future PGH showing measurable outcomes in financial health, we are continually expanding our programming to provide more services to greater segments of the population, building long-term financial stability.

“We have learned that it’s not enough to provide financial information; those who have traditionally been excluded from the financial mainstream need access to practical and trustworthy financial tools and resources. With funding from partners like KeyBank, we’re able to bring supports that allow more people to experience success.”

-Sarah Dieleman Perry, Director of Economic Opportunity at Neighborhood Allies

With this generous support from KeyBank Foundation, we will be able to expand our suite of Economic Opportunity initiatives to include:

  1. Implementation of partnerships with County and City to bring financial counseling to thousands of emergency rental assistance recipients and to local entrepreneurs.
  2. Creation of investment clubs for Black women to learn about stock market and build wealth.
  3. Offering credit building products.
  4. Expansion of youth banking initiatives with more financial institutions and employers and development of new financial education offerings.
  5. Connecting entrepreneurs of color with financial counseling to build personal credit and savings.
  6. Making equity a priority: focus on people of color, women, and people with disabilities.

“KeyBank is pleased to partner with Neighborhood Allies to invest in and help support neighborhoods and neighbors who have often faced unfair barriers to financial support, Through comprehensive and sustainable social, racial and economic programs, such as those delivered by Neighborhood Allies, we can promote positive, lasting change in our communities and create opportunities for all to thrive.”

-Dwayne Finney, president, Western Pennsylvania Market, KeyBank

Top Header Image Photo Credit: Prototyping Larimer Stories by artist John Peña, photo by OPA