TD provides an additional $500,000 to as part of commitment to the
TORONTO, Nov. 30, 2011 /CNW/ - TD Bank Group has committed a further
$500,000 over three years to support United Way Toronto's Financial
Literacy Strategy, thereby bringing its total commitment to the project
to $1 million. In 2009, TD had announced an initial contribution of
$500,000 for the first phase of the strategy.
As founding sponsor, TD has contributed both funds and volunteers to
ensure that low-income people have the opportunity to build a solid
financial foundation to help end the cycle of vulnerability.
"TD has always been there for the community, especially during these
uncertain times," said United Way Toronto President and CEO Susan
McIsaac. "The generosity and leadership shown by TD employees mean the
world to so many here in our city, and we're very grateful for their
"TD is proud to renew our support of United Way's important Financial
Literacy Strategy during Financial Literacy Month," said Teri Currie,
Chair of the TD United Way Employee Giving Campaign and Group Head,
Direct Channels, Corporate and People Strategies. "We are also very
proud that TD employees will continue to share their financial
knowledge to help build these skill sets and make a difference in
"TD has demonstrated real leadership and expertise through the Financial
Literacy Strategy," said McIsaac. "The commitment and engagement of TD
employees to contribute their expertise will go a long way toward
strengthening the lives of vulnerable people in our community."
United Way Toronto's Financial Literacy Strategy was developed alongside
community stakeholders, with TD's support, to improve the financial
literacy of low-income people and prevent deepening of poverty.
Participating frontline social service agencies and professional
volunteers deliver seminars on banking services, budgeting, and credit.
And mobile financial workers deliver one-on-one counselling services to
help address complex financial situations. The Strategy has also
strengthened the financial literacy information network, giving people
improved access to information and services.
United Way Toronto
Established in 1956, United Way Toronto is a registered charity and
community impact organization dedicated to improving lives and
strengthening neighbourhoods across Toronto. United Way identifies
needs and takes action to create a better, safer, stronger city through
research, partnerships and support of a network of 200 health and
social service agencies.
SOURCE TD Community Giving
For further information:
Caitlin Stidwill, United Way Toronto
Desk: 416-777-1444 ext. 396
Mobile : 416-557-8508