Philanthropy

As CEO, Gary Fukuroku has helped turn the Hawaiian-based institution into one of the largest in the state and has raised significant funds to help those affected by this year's wildfires.

Bessant has served in a variety of leadership positions at the bank, including leading its technology initiatives and European strategy.

The funds will help the Podolsk Regional Development Agency supply refugees of the Russian invasion with basic necessities such as food and water.

Bank of America is donating $100 to local food banks and hunger-relief organizations for employees who register their COVID-19 booster.

The filmmaker Ken Burns, the historian Doris Kearns Goodwin and a banker, Thomas Montag, who’s also retiring, were among those toasting Anne Finucane’s legacy at the Plaza in Midtown Manhattan.

Bank of America’s largest philanthropic initiative is reaching into new neighborhoods with programs dedicated to community building and leadership training.

The Mastercard Foundation will provide $1.3 billion to support the coronavirus vaccination program in Africa, the continent with the lowest inoculation rate.

Goldman Sachs Group said it will commit $10 billion in investment capital over the coming decade to help address the disproportionate biases that Black women have faced for generations.

Last year, the Pennsylvania Credit Union Association and the New Jersey Credit Union League merged to form the CrossState Credit Union Association, and now the foundations of the two groups are combining.

Social distancing has put a crimp in the credit union industry's usual philanthropic activities, but many institutions are finding new ways to give back during this festive season.