TCF Bank and TCF Foundation Give $3 Million to Continue Building Better Communities
In its 27th year, TCF Foundation awards four, new multi-year grants to nonprofit organizations
WAYZATA, Minn. & PLYMOUTH, Minn.--(BUSINESS WIRE)-- TCF National Bank (TCF Bank), a subsidiary of TCF Financial Corporation (TCF) (NYSE: TCB), and TCF Foundation announced it donated nearly $3 million to 530 nonprofit organizations in 33 states during 2016. TCF team members and TCF Bank customers donated more than $1.3 million through fundraising activities and matching gifts and TCF Foundation granted nearly $1.6 million to nonprofit organizations that support community development, education, human services, and arts and culture. Included in TCF Foundation’s grants are four, new multi-year grants awarded to nonprofit organizations totaling $500,000.
“We are proud that for 27 years we have supported and strengthened our communities by awarding grants to nonprofit organizations,” said Barbara Shaw, chair of TCF Foundation. “This year we awarded $1.6 million in grants, including four, new multi-year grants to Catholic Charities’ Dorothy Day Center, Cookie Cart, Second Harvest Heartland and Summit Academy due to their strong commitments to build and strengthen our communities and their desires to expand their services to those most in need. These nonprofit organizations are developing life, career and leadership skills; helping the homeless, sick and vulnerable; and feeding the hungry to significantly improve the quality of life for people in need. We are honored to reinforce their efforts with multi-year grants that will help to support their expansion efforts and to sustain them for years to come.”
TCF Foundation provides grants to nonprofit organizations actively supported by TCF team members through volunteerism or service on nonprofit boards and committees. TCF matches team member donations to nonprofit organizations dollar for dollar, supports team member fundraising efforts, and provides funds that TCF Bank branches donate to nonprofit organizations in their communities. To learn more about the TCF Foundation, please visit tcfbank.com/foundation.
TCF is a Wayzata, Minnesota-based national bank holding company. As of September 30, 2016, TCF had $21 billion in total assets and 341 branches in Arizona, Colorado, Illinois, Michigan, Minnesota, South Dakota and Wisconsin, providing retail and commercial banking services. TCF, through its subsidiaries, also conducts commercial leasing, equipment finance, and auto finance business in all 50 states and commercial inventory finance business in all 50 states and Canada. For more information about TCF, visit tcfbank.com.
Source: TCF Financial Corporation