MONTREAL, Oct. 27, 2013 /CNW Telbec/ - National Bank's regional One for Youth committees are proud to announce the organizations selected in the
first edition of their funding program. After deliberating for hours
and analyzing over 1,600 applications received across Canada, the
committees selected 104 organizations, which will share $1 million to
implement inspiring youth initiatives. The regional committees were
impressed with the diversity, relevance and creativity of the projects
they received, even awarding several of the organizations the maximum
funding of $25,000.
The committees selected a wide variety of projects: stay-in-school
programs, food banks, healthy lifestyle initiatives, literature and
music programs, community gardens, entrepreneurship programs and help
for students with learning disabilities. All of these initiatives share
the common goal of supporting young people and investing in their
"With our Canada-wide network of nearly 600 bank branches and Wealth
Management offices, National Bank plays a vital role in regional social
and economic development. Today's announcement by our regional One for Youth committees further strengthens our commitment to this development. The
104 youth organizations selected will make a huge difference in their
communities and we wish them the utmost success in their upcoming
initiatives," explained Karen Leggett, Executive Vice-President -
Marketing at National Bank.
National Bank invites people across the country to visit www.nbc.ca/recipients over the next few weeks to see how the selected organizations, and
especially the committees' top picks, implement their projects.
National Bank also encourages not-for-profit organizations (NPOs) to
stay tuned in 2014, as it intends to roll out the red carpet for young
people again next year, given the success of this year's program.
"Today, we are celebrating the selected initiatives and their
representatives. We are extremely pleased to be able to help some
50,000 young people benefit from the selected projects. These
initiatives will help thousands of young people build confidence, pride
and self-esteem," concluded the spokesperson.
ABOUT THE ONE FOR YOUTH PROGRAM
Each year, National Bank supports hundreds of Canadian organizations
through its donations and sponsorships program. At the heart of this
program is our involvement with youth, where a large proportion of our
contributions are concentrated. At National Bank, we know that young
people represent our dreams and hopes for the future. We believe it is
up to all of us to help the next generation develop to its fullest
potential. Whether it's supporting medical research and access to care,
promoting physical activity and healthy lifestyles, or getting young
people involved in their community, National Bank and its nearly 20,000
employees are proud to help today's youth grow and thrive.
We encourage you to join us in supporting young people so that they can
build a better world!
ABOUT NATIONAL BANK OF CANADA
With $187 billion in assets as at July 31, 2013, National Bank of Canada
(www.nbc.ca) together with its subsidiaries, forms one of Canada's leading
integrated financial groups, and has been named among the 20 strongest
banks in the world by Bloomberg Markets magazine. The Bank has close to
20,000 employees and is widely recognized as a top employer. Its
securities are listed on the Toronto Stock Exchange (TSX: NA). Follow
the Bank's activities via social media and learn more about its
extensive community involvement at clearfacts.ca and commitment.nationalbank.ca.
SOURCE National Bank of Canada