CHERRY HILL, N.J., Nov. 16, 2017 /PRNewswire/ -- Through its "Housing for Everyone" grant competition, TD Charitable Foundation, the charitable giving arm of TD Bank, America's Most Convenient Bank®, awarded 25 organizations throughout TD Bank's footprint from Maine to Florida a total of $3.125 million. The 25 grants of $125,000 each will support housing projects from these 25 winning non-profit organizations that focus on addressing the needs of individuals seeking housing assistance across the East Coast.
The TD Charitable Foundation's 12th annual "Housing for Everyone" grant competition invited non-profit organizations to submit proposals outlining their plans and initiatives to support and provide affordable housing initiatives in their communities. This year's "Housing for Everyone" grants winners are:
Winners were chosen based off its impact made in community economic development, neighborhood revitalization and human services offerings.
The Foundation increased the grant amount for each recipient by $25,000 per organization compared with prior years of the competition. The monies enable non-profits to create and/or preserve affordable housing for low- and moderate-income individuals and families that cannot afford a place to live. Since 2006, the TD Charitable Foundation has awarded more than $25 million in grants through this competition.
"We take our commitment to our communities seriously, and the Housing for Everyone campaign enables us to enhance our economic support for the neighborhoods we serve," said Mike Rayder, Donation and Foundation Manager, TD Charitable Foundation. "We are honored to partner with organizations that are providing individuals with a chance to live in their own home and build a future."
Organizations were required to have tax-exempt 501(c)(3) status or be a governmental agency, and to develop or maintain affordable housing, or provide housing-related programs and services to very low-, low- and moderate-income individuals or families.
A staunch commitment to active involvement in the local community is a vital element of the TD Bank philosophy. TD Bank, America's Most Convenient Bank® and the TD Charitable Foundation provide support to affordable housing, financial literacy and education, and environmental initiatives, many of which focus on improving the welfare of children and families.
To learn more about the program and how the grants are making an impact in the community, videos about past winners are available at "Own Who You Are". Applications for the Housing for Everyone grant competition will reopen in June 2018.
About the TD Charitable Foundation
The TD Charitable Foundation is the charitable giving arm of TD Bank, America's Most Convenient Bank®, one of the 10 largest commercial banking organizations in the United States. The Foundation's mission is to support, respect and improve the quality of life in the diverse communities where we live and do business. Since its inception in 2002, the Foundation has distributed more than $178.4 million and more than 17,000 grants in charitable donations from Maine to Florida. The TD Charitable Foundation focuses on supporting the following community needs: affordable housing, economic development, neighborhood revitalization, financial literacy, and human services. Recently, more than 90 percent of the grants awarded by the Foundation benefited low-and moderate- income communities and individuals. More information on the TD Charitable Foundation, including an online grant application, is available at www.TDBank.com.
About TD Bank, America's Most Convenient Bank®
TD Bank, America's Most Convenient Bank, is one of the 10 largest banks in the U.S., providing more than 8 million customers with a full range of retail, small business and commercial banking products and services at approximately 1,300 convenient locations throughout the Northeast, Mid-Atlantic, Metro D.C., the Carolinas and Florida. In addition, TD Bank and its subsidiaries offer customized private banking and wealth management services through TD Wealth®, and vehicle financing and dealer commercial services through TD Auto Finance. TD Bank is headquartered in Cherry Hill, N.J. To learn more, visit www.tdbank.com. Find TD Bank on Facebook at www.facebook.com/TDBank and on Twitter at www.twitter.com/TDBank_US.
TD Bank, America's Most Convenient Bank, is a member of TD Bank Group and a subsidiary of The Toronto-Dominion Bank of Toronto, Canada, a top 10 financial services company in North America. The Toronto-Dominion Bank trades on the New York and Toronto stock exchanges under the ticker symbol "TD". To learn more, visit www.td.com.