CHARLOTTE, N.C. – Feb. 7, 2022 – The Regions Foundation, a nonprofit organization primarily funded by Regions Bank, on Monday announced a $30,000 grant to support the YMCA of Greater Charlotte.
The grant will be used to cover costs associated with the YMCA’s Afterschool program at the Lake Norman, Keith Family, Morrison Family and Lowe’s YMCAs. Encouraging students to “excel after the bell,” the YMCA of Greater Charlotte’s Afterschool program offers three- and five-day options providing students with a place to play, learn and grow through educational and imaginative activities encouraging them to explore who they are and what they can achieve.
“Access to safe, nurturing and affordable childcare provides parents with a peace of mind that is priceless while providing children with new opportunities to learn and excel,” said Marta Self, executive director of the Regions Foundation. “The YMCA of Greater Charlotte delivers this and much more to families through Afterschool, an environment that broadens students’ horizons, promotes creativity and encourages them to connect socially. We are proud to support this initiative because we know it is creating measurable benefits that will impact families and children for years to come.”
Founded in 1874, the YMCA of Greater Charlotte serves more than 300,000 people each year through a variety of programs, services and events. The organization’s Afterschool program provides engaging educational, physical and social-emotional activities that support holistic development for youth. Afterschool at the Y provides youth with dedicated time after the bell to focus on literacy, as well as other school subjects, in an effort to reverse the sharp declines in reading proficiency and literacy rates due to the pandemic and interruptions to traditional learning.
“We are grateful for the Regions Foundation’s investment in our YMCA and the next generation of leaders,” said Stan Law, YMCA of Greater Charlotte president and CEO. “With the Regions Foundation’s support, the Y will continue to provide working families with a safe, structured environment for their children after the school day, and help kids discover their full potential.”
The new grant from the Regions Foundation is in addition to previous support provided by Regions Bank, which has helped fund the Y Readers program. In addition, bank associates have provided board and volunteer service for the Y.
“Investing in early education initiatives like the YMCA’s Afterschool program represents an investment in the future of our Charlotte community,” said Tim Monte, Charlotte market executive and head of Credit Products for Regions Bank. “This program encourages children to be curious, active learners at an early age, helping them form a foundation for future academic success and lifelong learning. Through this generous contribution from our colleagues at the Regions Foundation, the YMCA of Greater Charlotte can advance its work in creating interactive, enriching educational experiences that encourage children to build a healthy spirit, mind and body.”
About Regions Foundation
The Alabama-based Regions Foundation supports community investments that positively impact communities served by Regions Bank. The Foundation engages in a grantmaking program focused on priorities including economic and community development; education and workforce readiness; and financial wellness. The Foundation is a nonprofit 501(c)(3) corporation funded primarily through contributions from Regions Bank.
About Regions Financial Corporation
Regions Financial Corporation (NYSE:RF), with $163 billion in assets, is a member of the S&P 500 Index and is one of the nation’s largest full-service providers of consumer and commercial banking, wealth management, and mortgage products and services. Regions serves customers across the South, Midwest and Texas, and through its subsidiary, Regions Bank, operates approximately 1,300 banking offices and more than 2,000 ATMs. Regions Bank is an Equal Housing Lender and Member FDIC. Additional information about Regions and its full line of products and services can be found at www.regions.com.
About the YMCA of Greater Charlotte
The Y is one of the nation’s leading nonprofits strengthening communities through youth development, healthy living and social responsibility. The YMCA of Greater Charlotte, comprised of 17 membership locations and two overnight camps, nurtures the potential of children and teens, improves our community’s health and well-being, and provides opportunities to give back and support neighbors. Deeply rooted in the community for nearly 150 years, the YMCA of Greater Charlotte has the long-standing relationships and physical presence not just to promise, but to deliver, lasting personal and social change. The YMCA of Greater Charlotte is a proud recipient of a 4-star rating from Charity Navigator. More information: www.ymcacharlotte.org
Kim Borges, Regions Bank - Kim.Borges@Regions.com, 317-221-6194
Heather Briganti, YMCA of Greater Charlotte - Heather.Briganti@YMCACharlotte.org, 704-995-3223