RBC Employees and Retirees Raise Record Funds for Canadian Communities

TORONTO, Jan. 28, 2016 /CNW/ - With the assistance of community organizations, a child receives health-related services, a single mother is able to provide regular meals for her family and an elderly person can live independently in their own home.

This year RBCers raised a record $21.7 million through its "For the Love of Community" national employee giving campaign and corporate donations to help those in need. RBC has a long-standing tradition of supporting community-based organizations and this fundraising initiative is just one of the ways RBC, and its employees demonstrate their commitment to making a difference in the world.

"I'm incredibly proud of the way our employees and retirees work so enthusiastically to support causes that are close to their hearts," said Dave McKay, president and CEO, RBC. "Whether it's volunteering in local programs or contributing through our national giving campaign, RBCers are dedicated to helping the communities where we live and work."

Today, United Way Toronto & York Region announced Dave McKay as the 2016 Campaign Chair. "I am truly honoured to take on the role of United Way Toronto & York Region's 2016 Campaign Chair and look forward to working with local community leaders to improve lives and strengthen our neighbourhoods," said McKay.

RBC employees and retirees raised $17.3 million, surpassing the previous year's total by $2 million. Over 23,000 RBC employees contributed through personal donations, volunteering and fundraising events. In addition, the RBC Foundation provided $4.4 million to the United Way and 4,000 to other charities across Canada.

RBC is the top corporate supporter of the United Way for 19 consecutive years and has consistently supported the United Way since 1927.

RBC provided more than $100 million to charitable organizations and projects across Canada and around the world in 2015. We believe in the power of communities and the individuals who live in them and issued more than 4,500 grants to support employees contributing their time, resources and expertise to help create community prosperity.

Royal Bank of Canada is Canada's largest bank, and one of the largest banks in the world, based on market capitalization. We are one of North America's leading diversified financial services companies, and provide personal and commercial banking, wealth management, insurance, investor services and capital markets products and services on a global basis. We employ approximately 81,000 full- and part-time employees who serve more than 16 million personal, business, public sector and institutional clients through offices in Canada, the U.S. and 37 other countries. For more information, please visit rbc.com.‎

RBC helps communities prosper, supporting a broad range of community initiatives through donations, sponsorships and employee volunteer activities. In 2015, we contributed more than $100 million to causes around the world.


Image with caption: "Dave McKay, President and CEO, RBC and Employee Giving Co-chairs Laura Gainey and Jonathan Hunter announce record funds raised by RBCers for Canadian communities. (CNW Group/RBC)". Image available at: http://photos.newswire.ca/images/download/20160128_C8505_PHOTO_EN_607771.jpg

For further information: André Roberts, RBC Communications, 416-313-7436, andre.roberts@rbc.com

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