Dec 6, 2012
Supports the rebuilding of drop-in center for LGBT runaway and homeless youth
NEW YORK, December 6, 2012 — As part of the company's ongoing commitment to Hurricane Sandy relief, BNY Mellon has donated $10,000 to the Ali Forney Center to support the rebuilding of its Day Center, which was destroyed in the storm. The Ali Forney Center is the nation's largest services and advocacy organization working on behalf of lesbian, gay, bisexual, transgender and questioning runaway and homeless youth.
"The AFC Day Center in the Chelsea section of Manhattan is the entry point to our programs, and its destruction in Hurricane Sandy was a terrible tragedy for the homeless LGBT youth we serve there," said Carl Siciliano, Executive Director of Ali Forney Center. "For many of these vulnerable kids, coming to our center has been their first encounter with a loving and affirmative LGBT community."
"We have found great comfort and reassurance in the overwhelming support we've gotten from the community and businesses like BNY Mellon," added Siciliano. "Their generosity is enabling us to take care of our youth while we face one of the greatest challenges in our organization's history."
"The AFC Day Center is a lifeline for LGBT youth whose lives are in danger, and the Ali Forney Center was among the hardest-hit LGBT organizations in New York City during Hurricane Sandy," said Bruce Miller, executive vice president and senior executive in BNY Mellon's Platinum Client Group. "BNY Mellon remains committed to helping our communities rebuild after the storm, and our support of the Ali Forney Center demonstrates our company's commitment to diversity and inclusion."
In addition to its disaster relief grants and contributions, which include a $1 million donation to the American Red Cross and others, BNY Mellon has launched several programs to help victims of Hurricane Sandy. Its Neighbor-to-Neighbor volunteer program supports employees who are helping their neighbors with storm damage and matches employees' time for the work they are doing with contributions to the American Red Cross. To help its employees who have been most severely impacted by this disaster, BNY Mellon also established a fund that covers their expenses that are not covered by FEMA or insurance. In addition, the company created a separate program to provide immediate cash grants to employees in instances of immediate and extreme hardship.
Powering Potential, BNY Mellon's philanthropic focus, helps to make local communities better places to live and work by targeting organizations that concentrate on workforce development or the provision of basic needs. Learn more about Powering Potential or the company's world-wide commitment to social responsibility at www.bnymellon.com/csr.
BNY Mellon is a global financial services company focused on helping clients manage and service their financial assets, operating in 36 countries and serving more than 100 markets. BNY Mellon is a leading provider of financial services for institutions, corporations and high-net-worth individuals, offering superior investment management and investment services through a worldwide client-focused team. It has $27.9 trillion in assets under custody and administration and $1.4 trillion in assets under management, services $11.6 trillion in outstanding debt and processes global payments averaging $1.4 trillion per day. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available on www.bnymellon.com or follow us on Twitter @BNYMellon.