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M&T contributes $100K to Baltimore City Public Schools’ fund
M&T Bank, which operates more than 150 branches in Maryland, is contributing $100,000 to Baltimore City Public Schools’ Fund for Educational Excellence to help feed the city’s students and their family members directly or indirectly affected by the COVID-19 outbreak.
M&T, one of the region’s largest corporate givers, joins several Baltimore-area businesses that have given money to the fund so far – totaling more than $1 million to date.
With schools throughout Baltimore City closed due to COVID-19, money raised by the fund will supplement existing local, state and federal food insecurity funding to help provide food to students who typically get their meals at school.
As part of the collaborative effort to help meet the food needs of students, their families and the city’s senior citizens, M&T also is encouraging its employees to consider making a personal donation to the Baltimore Community Foundation’s COVID-19 Food Security Fund.
The company also announced it will provide essential employees an extra 15 percent per hour wage increase as the company continues to manage operations through the COVID-19 pandemic.
The enhanced wages will benefit approximately one-third of its workforce, mostly in branches and other essential customer service/operational roles where employees must be on-site to perform their duties.
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