TD Charitable Foundation Expands Funding, Coverage Area for Non-Profit Training Program

Jun 17, 2008, 01:00 ET from TD Charitable Foundation

    CHERRY HILL, N.J. and PORTLAND, Maine, June 17 /PRNewswire/ -- The TD
 Charitable Foundation announced that it has increased the funding available
 through the Non-Profit Training Resource Fund to $300,000, and expanded the
 program to support eligible organizations based throughout Commerce Bank
 and TD Banknorth's combined footprint from Maine to Florida.
     The Non-Profit Training Resource Fund provides donations to support job
 training, education and growth opportunities for employees of non-profit
 organizations. The Foundation launched the program in 2007 with an initial
 $100,000 commitment, in response to a decrease in funding available to
 non-profits at the federal, state and private levels.
     "The TD Charitable Foundation recognizes that professional development
 is key to the effectiveness and vitality of any organization. However,
 non-profits are often faced with budget constraints, leaving them with few
 resources for staff education and training," said Elizabeth K. Warn,
 Executive Vice President of Community Development for TD Banknorth and
 President of the TD Charitable Foundation. "To help remedy this situation,
 the Non-Profit Training Resource Fund makes job training opportunities
 possible for non-profits and their employees."
     The Non-Profit Training Resource Fund will provide donations of up to
 $1,000 per calendar year to non-profits to cover tuition expenses for
 courses that will strengthen employees' job performances.
     To be eligible, an organization must have 501(c)(3) status, and its
 focus must be to support affordable housing for low- and moderate-income
 individuals; to promote small business development; or to provide financial
 literacy programs to low- and moderate-income youth, individuals or
     The organization must also be based and serve communities in
 Connecticut, Delaware, the District of Columbia, Florida, Maine, Maryland,
 Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Vermont
 or Virginia, where either Commerce Bank or TD Banknorth has a presence.
     An online application and additional information about the Non-Profit
 Training Resource Fund is available at and Applications will be
 accepted on a rolling basis.
     About the TD Charitable Foundation
     The TD Charitable Foundation is the charitable giving arm of TD Bank
 N.A., which operates under the trade names TD Banknorth and Commerce Bank
 and is one of the 20 largest commercial banking organizations in the United
 States. The Foundation's mission is to serve the individuals, families and
 businesses in all the communities where TD Banknorth and Commerce Bank
 operate, having made over $34.4 million in charitable donations since its
 inception in 2002. The efforts of the Foundation are coordinated locally
 through TD Banknorth's and Commerce Bank's community relations departments
 and are focused on the areas of economic empowerment, youth development and
 community support. More information on the TD Charitable Foundation
 including an online grant application is available at or at

SOURCE TD Charitable Foundation