The M&T Charitable Foundation announced on April 1, 2025, $4.9 million in grants to 51 nonprofit organizations across New England, Long Island, and Westchester County, New York. This third round of funding concludes the company's Amplify Fund supplemental grant program.
The Amplify Fund was a three-year, $25 million commitment initiated in May 2022 as part of the merger between People's United Bank and M&T Bank. Its purpose was to address inequities, focusing on low- and moderate-income communities and underserved populations.
Throughout the program, the M&T Charitable Foundation awarded a total of $25 million to 224 nonprofit organizations and collaboratives. These grants supported initiatives centered on advancing financial inclusion, spurring economic growth, and creating equitable change through homeownership, small business development, entrepreneurship, and career growth.
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