New York, NY - December 14, 2022 - M&T Bank announced today it will provide $60,000 to New York Edge, supporting their mission to strengthen academic performance, health and wellness, self-confidence and leadership skills in K-12 students from underinvested communities across the five boroughs of New York City. Funding will be given over the course of three years, supporting academics, arts and sports programs designed to bridge the opportunity gap within these communities.
M&T is making the donation to honor Susan Newman, a long-time M&T NYC Commercial Real Estate leader and the current vice chair of the New York Edge Board of Directors, in her retirement from the bank. Newman joined M&T in 2011, and most recently served as the New York City Commercial Real Estate Group Manager, overseeing many of the bank’s largest real estate relationships, managing loan origination and the department’s regulatory compliance. She has served New York Edge during most of her career with M&T and joined the board in 2014.
“New York Edge’s breadth of programming and outreach makes life-affirming changes for young people in the City,” said Newman. “It has been my absolute pleasure to work with this organization, inspiring M&T Bank and others to get involved over my eight years participating.”
“It’s extremely fitting to recognize Susan’s contributions to New York Metro and M&T by further supporting an organization that is not only close to her heart but also does so much for our community,” said Blair Ridder, M&T’s regional president for the New York City region. “We look forward to continuing our decade-long partnership with New York Edge to deepen the support of its mission to bridge the opportunity gap and provide crucial resources for students.”
“As our future leaders, it’s critical that all students have access to enriching programs that will give them the edge to succeed and develop invaluable, lifelong skills that they can apply to their future careers,” said Rachael Gazdick, CEO of New York Edge. “This tremendous contribution will enable us to provide opportunities for so many young people to discover new interests, realize their potential, and grow both personally and academically. We are grateful to M&T Bank for recognizing the importance of educational equity, and to Susan for serving as vice chair of our Board of Directors and demonstrating an unwavering commitment to our mission.”
Like Newman, M&T has been a long-term partner of New York Edge, contributing more than $115,000 over a decade to support its work to uplift and nurture children with enrichment programs. The bank is grateful for the organization’s partnership and contribution to the community.
Newman is inviting friends and supporters to join her in raising funds to match M&T’s gift, by visiting her campaign page for more information and donation options.
About M&T Bank
M&T Bank Corporation is a financial holding company headquartered in Buffalo, New York. M&T's principal banking subsidiary, M&T Bank, provides banking products and services in 12 states across the northeastern U.S. from Maine to Virginia and Washington, D.C. Trust-related services are provided in select markets in the U.S. and abroad by M&T's Wilmington Trust-affiliated companies and by M&T Bank. For more information about M&T Bank, visit www.mtb.com.
About New York Edge
New York Edge is a non-profit organization and the largest provider of afterschool and summer camp programs in all five boroughs of New York City. With thousands of students in more than 100 schools in grades K-12, New York Edge bridges the opportunity gap faced by students in underinvested communities by strengthening academic performance, health and wellness, self-confidence, and leadership skills for success in life. www.newyorkedge.org.
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