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Forty U.S. nonprofits receive grants to protect freshwater resources
MINNEAPOLIS, June 12, 2014 — Today, RBC announced RBC Blue Water Project Leadership and Community Action Grants, totaling more than $2.7 million in funding for fresh water protection and preservation programs. Awarded on the company’s annual RBC Blue Water Day, these grants support 134 organizations spanning seven countries, including Canada, the United States, the United Kingdom, the Bahamas, China, Chile and Australia.
“As stewards of the environment, we have a responsibility to leave the world a better place than we found it,” said John Taft, CEO, RBC Wealth Management-U.S. “RBC’s support of these organizations is a part of our legacy and commitment to preserving fresh water resources for future generations.”
Since launching the RBC Blue Water Project in 2007, more than $42 million in grants have been committed to 500 organizations around the world. Organizations are required to apply for the leadership grants that fund programs focused on watershed protection and access to clean drinking water.
In the United States, more than $400,000 was granted to 40 organizations. More than $200,000 in leadership grants was awarded to three organizations.
In addition, $200,000 in Community Action Grants will be shared by these 37 organizations in the United States:
About RBC Community and Sustainability
Royal Bank of Canada (RY on TSX and NYSE) is Canada's largest bank and one of the largest banks in the world, based on market capitalization. We employ approximately 79,000 full- and part-time employees who serve more than 16 million personal, business, public sector and institutional clients through offices in Canada, the U.S. and 42 other countries. For more information, please visit rbc.com. RBC is recognized among the world’s financial, social and environmental leaders and is listed on the 2014 Dow Jones Sustainability World Index, the DJSI North American Index, the Jantzi Social Index and the FTSE4Good Index. RBC is one of Canada’s Greenest Employers, and one of Canada’s 50 Most Socially Responsible Corporations.
RBC supports a broad range of community initiatives through donations, sponsorships and employee volunteer activities. In 2013, we contributed more than $104 million to causes worldwide, including donations and community investments of more than $69 million and $35 million in sponsorships. Learn more at www.rbc.com/community-sustainability.
RBC Wealth Management, a division of RBC Capital Markets, LLC, Member NYSE/FINRA/SIPC.
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Ann Wasik, RBC Wealth Management, 612-313-1275, email@example.com
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