KeyBank and the Food Bank of Hudson Valley have announced a two-year contribution from KeyBank Foundation, the bank’s non-profit charity foundation, to purchase and deliver 44,910 pounds of food to residents of Poughkeepsie, Newburgh, and Middletown, New York. This corresponds to 37,000 healthy meals for needy individuals and families per year. The investment from KeyBank will assist the Food Bank and their partner agencies in meeting a 23% rise in food need since the pandemic began, and an 11% increase since June of 2020.
“KeyBank’s funding commitment will have a direct impact on feeding people in need and alleviating hunger in Poughkeepsie, Newburgh, and Middletown.” This is a very thoughtful and important contribution that will help stock food banks.
The Food Bank of the Hudson Valley and the Regional Food Bank of Northeast New York collaborate to alleviate hunger and prevent food waste by collecting large donations of edible but unmarketable food from the food industry and distributing it to 1,000 food pantries, soup kitchens, and other charitable organizations in 23 counties throughout northeastern New York. Each year, the Food Bank distributes more than 36 million pounds of food and other basic necessities to this network of charities, assisting in the feeding of 300,000 people. The KeyBank Foundation contribution will assist feed food-insecure residents in the KeyBank areas of Poughkeepsie, Newburgh, and Middletown.
Food Bank of Hudson Valley
“At KeyBank, we believe that giving back to the communities where we do business is central to our culture,” said John Manginelli, KeyBank Hudson Valley/Metro New York Market President. “We are proud to support the Food Bank of Hudson Valley and their partner agencies in their efforts to end hunger and provide basic necessities to our most vulnerable neighbors.”
KeyBank Foundation grants are part of a $40 billion commitment made in 2017 to support affordable housing and community development projects, home and small business lending in low- and moderate-income communities, and philanthropic efforts aimed at education, workforce development, and safe, vital neighborhoods across Key’s national footprint.
KeyBank has 42 locations in the Hudson Valley, including Poughkeepsie, Newburgh, and Middletown.