Capital for Change Receives $200,000 Boost from M&T Bank's Amplify Fund
- Capital for Change
- 52 minutes ago
- 2 min read
Wallingford, CT April 1st, 2025 – The M&T Charitable Foundation, the philanthropic arm of M&T Bank (NYSE:MTB), today announced that it has awarded $200,000 to CAPITAL FOR CHANGE. The grant is part of the third round of giving through the Amplify Fund providing more than $4.9 million to 51 lead nonprofit organizations throughout New England, Long Island, and Rockland County, NY.
“The M&T Charitable Foundation is proud to support the work of nonprofits like Capital for Change that are dedicated to advancing equity and creating positive and lasting change,” said Dominique Goss, Executive Director of the M&T Charitable Foundation. “We look forward to seeing the progress of their work and the collective outcomes of our partnerships in the months and years ahead.”
In an era where financial inequality can hold back communities, C4C's dedication to providing equitable access to energy lending is essential. The $200,000 grant from M&T Bank is a vital investment that aims to enhance programs supporting low- and moderate-income residents. C4C envisions a future where affordable housing and sustainable energy solutions are available to those who need them most.
Overview of the Amplify Fund
First announced in May 2022, the Amplify Fund is a $25 million philanthropic investment as part of the merger between People’s United Bank and M&T Bank. Powered by the M&T Charitable Foundation, the Amplify Fund is a one-time supplemental charitable program to provide further support in the legacy People's United communities.
The first round of funding totaled more than $11.8 million to 105 nonprofit organizations and focused on equity and environmental initiatives, mission-driven and capacity-building work, community and tenant organizing, and financial empowerment and education for individuals and small businesses. The second round provided $8.2 million of funding to 68 organizations addressing issues like food security and affordable housing, income and wealth equity, workforce development, and access to quality and affordable healthcare.
Grantees in this third and final round of funding include nonprofit organizations that are centered on advancing financial inclusion and spurring economic growth and prosperity, with a particular focus on creating equitable change through homeownership, small business development and entrepreneurship, career growth, and financial resilience.
The Amplify Fund is designed to drive sustainable impact that is equitable, accessible, and responsive to local needs. Regional representatives of the bank will continue to meet with local leaders to help inform the strategic direction for the Fund’s third round.
For more information on the Amplify Fund, including the full list of grant recipients in New England and Metro New York, please visit the Amplify Fund website.
Thank You, M&T Bank!
C4C's mission thrives thanks to partners like M&T Bank who uphold a vision of equal opportunity and sustainability. With this strong backing, the future of affordable housing, clean energy, and community resilience looks more hopeful than ever.
Media Contacts:
Capital for Change
Timothy Newsom, Director of Communications
M&T Bank
Kathy Curran
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