Comerica Adds Over $1 Million in Investments to Strengthen California Nonprofits
California market COVID-19 relief contribution totals surpass $4.4 million
Dec 18, 2020 1:25 PM ET
Tweet This:
Press Release
The more than $1 million in investments pushes Comerica s total contributions in the California market to over $4.4 million. Contributions impacting California are part of Comerica s Capital Grant investments that supply capital for small and microbusinesses, and from Comerica Bank and Comerica Charitable Foundation s investments to nonprofits to combat the economic disruption caused by COVID-19. Meeting the needs of our communities during these uncertain times remains imperative, said Comerica Bank California Market President Morgan Rector. Comerica remains firmly committed to doing our part to provide stability for small businesses and communities impacted by the COVID-19 pandemic to ensure they can recover.
CONTENT: Press Release
The more than $1 million in investments pushes Comerica s total contributions in the California market to over $4.4 million. Contributions impacting California are part of Comerica s Capital Grant investments that supply capital for small and microbusinesses, and from Comerica Bank and Comerica Charitable Foundation s investments to nonprofits to combat the economic disruption caused by COVID-19. Meeting the needs of our communities during these uncertain times remains imperative, said Comerica Bank California Market President Morgan Rector. Comerica remains firmly committed to doing our part to provide stability for small businesses and communities impacted by the COVID-19 pandemic to ensure they can recover.
PayPal Announces Additional $5 Million Grant Program for Black-Owned Businesses as COVID-19 Crisis Continues
PayPal Holdings, Inc. today announced an additional $5 million grant program that will further the company’s support for Black-owned businesses in the U.S., which have been disproportionately affected by the economic impacts of the COVID-19 pandemic. The new grant program is an extension of the $10 million PayPal Empowerment Grant program for Black-owned businesses that PayPal announced in June as part of the …
PayPal Holdings, Inc. (NASDAQ: PYPL) today announced an additional $5 million grant program that will further the company’s support for Black-owned businesses in the U.S., which have been disproportionately affected by the economic impacts of the COVID-19 pandemic. The new grant program is an extension of the $10 million PayPal Empowerment Grant program for Black-owned businesses that PayPal announced in June as part of the company’s $530 million commitment
Opinion: MacKenzie Scott s $5 8 billion commitment to justice is a model for other donors houstonchronicle.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from houstonchronicle.com Daily Mail and Mail on Sunday newspapers.
Brands need to speak out in support of the Black community
As HubSpot announces new funding for Black economic empowerment, we ask a Black marketing strategist if brands are doing enough.
Kim Davis on December 18, 2020 at 11:22 am
More
HubSpot announced this week that it is committing $20 million to social impact investing, including a $12.5 million investment in the Black Economic Development Fund which supports Black-led financial institutions and other organizations.
In a release, HubSpot CEO described the investment as part of HubSpot’s support for dismantling systemic racism through long-term change: “Our goal in investing in the Fund is to support Black communities and foster economic empowerment,” he said. This is in addition to HubSpot’s partnership with HBCU Howard University, which we reported in November.