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Fulton Bank Announces Creation of New Fulton Forward® Foundation to Advance Economic Empowerment in Underserved Communities
LANCASTER, Pa.--(BUSINESS WIRE)-- Fulton Bank, N.A., a subsidiary of Fulton Financial Corporation (NASDAQ: FULT), today announced the establishment of the
About this update from Fulton Financial Corporation
[{"type":"text","content":" LANCASTER, Pa.--(BUSINESS WIRE)--\nFulton Bank, N.A., a subsidiary of Fulton Financial Corporation (NASDAQ: FULT), today announced the establishment of the Fulton Forward® Foundation, an independent, non-profit private foundation funded by Fulton Bank that will provide financial impact gifts of $20,000 or more to 501(c)3 community organizations that share Fulton’s vision of advancing economic empowerment, particularly in underserved communities.\n\n\nThe new Fulton Forward Foundation is an extension of the bank’s Fulton Forward initiative, which promotes diversity, equity and inclusion; encourages the building of vibrant communities; fosters affordable housing; drives economic development; and increases financial literacy in the communities served by Fulton Bank.\n\n\n“We’re very proud to introduce the new Fulton Forward Foundation, which will enable our company to build upon the initiative we created in 2015 to promote economic development in the communities we serve,” said Curtis J. Myers, Chairman and CEO of Fulton Bank. “By supporting the Foundation, Fulton Bank will focus the majority of its charitable contributions on providing critical financial support to projects and organizations that serve our most vulnerable populations, now and in the future.”\n\n\nIn April 2020, Fulton Bank made a special, one-time $500,000 contribution to the Foundation to support COVID-19 response programs in Pennsylvania, New Jersey, Delaware, Maryland and Virginia. In June 2020, the Fulton Forward Foundation completed its distribution of those funds, awarding grants to the following 12 organizations:\n\n\n\n\nORGANIZATION\n\n\n\nLOCATION\n\n\n\n\n\nGreater Easton Development Partnership\n\n\n\nEaston, PA\n\n\n\n\n\nWashington County COVID-19 Emergency Assistance Fund (United Way of Washington County/Community Foundation of Washington County)\n\n\n\nHagerstown, MD\n\n\n\n\n\nUrban League of Hampton Roads, Inc.\n\n\n\nNorfolk, VA\n\n\n\n\n\nSaint Joseph's Carpenter Society\n\n\n\nCamden, NJ\n\n\n\n\n\nUnited Way of South Hampton Roads Coronavirus Recovery Fund\n\n\n\nNorfolk, VA\n\n\n\n\n\nCentral Virginia COVID-19 Response Fund (Community Foundation for Greater Richmond)\n\n\n\nRichmond, VA\n\n\n\n\n\nDelaware Community Foundation COVID-19 Fund\n\n\n\nWilmington, DE\n\n\n\n\n\nBaltimore CONNECT\n\n\n\nBaltimore, MD\n\n\n\n\n\nNorth Broad Renais...