Donations will support youth-focused
organizations driving positive change in their
communities
HALIFAX, April 4, 2019 /PRNewswire/ - In celebration
of its 150th birthday, RBC announced a $5.5-million investment to communities across
Canada, the United States, the United Kingdom and the Caribbean. The donations will be directed to
youth-focused organizations committed to helping young people and
their communities thrive.
"RBC is honoured to have served and supported our clients, their
families and their businesses, in communities around the globe, for
the past 150 years," said Dave
McKay, President and Chief Executive Officer, RBC. "To
celebrate our shared history, we're giving back to our communities,
in line with our RBC Future Launch program, and engaging youth to
help drive positive change for future generations."
As part of this initiative, RBC and the RBC Foundation will be
donating funds towards organizations that focus on programs and
services for young people, including education, skills development,
health, wellness, employment and more. The charitable partners
receiving financial support include:
- Canada: Community
Foundations of Canada
- U.S.: DoSomething.org
- U.K.: Prince's Trust
- Caribbean: Trinidad and Tobago: YMCA and Cayman Islands: Feed our Future. Additional
donations to the Bahamas and
Barbados will be announced in the
upcoming weeks ahead.
"Today's announcement further reinforces our continued
investment in youth and the critical role social enterprises play
in helping deliver that support where it's needed most," concluded
Mr. McKay.
About RBC
Royal Bank of Canada is a global financial institution with
a purpose-driven, principles-led approach to delivering leading
performance. Our success comes from the 84,000+ employees who bring
our vision, values and strategy to life so we can help our clients
thrive and communities prosper. As Canada's biggest bank, and one of the largest
in the world based on market capitalization, we have a diversified
business model with a focus on innovation and providing exceptional
experiences to our 16 million clients in Canada, the U.S. and 33 other countries. Learn
more at rbc.com.
We are proud to support a broad range of community initiatives
through donations, community investments and employee volunteer
activities. See how at rbc.com/community-sustainability.
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SOURCE RBC