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RBC in Your Community

 

After-school programs receive $1.7 million boost from RBC

Symbol of Hope
RBC Olympian Perdita Felicien entertains children at the Christie-Ossington Neighbourhood Centre in Toronto, Ontario, for the launch of the 2004/2005 RBC After-School Grants Program.

TORONTO, October 11, 2004 - RBC Financial Group is building on its commitment to Canada's kids by providing $1.7 million in funding for 57 of Canada's top after-school programs for the 2004-2005 school year. The recipients represent a diverse range of community-based organizations from across Canada, and were chosen by panels of local citizens.

To be selected for a grant, after-school programs must offer structured and supervised activities for children between the ages of six and 17. The programs must also focus on what RBC calls the "three Ss" -- safety, social skills and self-esteem. RBC's grants are used to provide a wide-range of activities including computer instruction, sports, literacy tutoring, music and art lessons, nutrition guidance, and homework-help.

"We believe the best after-school programs should complement the formal education that children receive in the classroom," said Ann Louise Vehovec, senior vice-president for RBC Financial Group. "When kids have a chance to participate in activities outside the classroom in a structured and safe environment, there can be a marked improvement in their self esteem, and that's a gift that lasts forever."

Each after-school program will receive between $15,000 and $40,000 from RBC. Fifteen are first-time grant recipients, while the remainder had received grants in previous years.

RBC has been funding after-school programs since 1999, helping almost 5,000 children with 102 grants totalling $8.8 million in that time. This funding is an ongoing RBC commitment to children and education across Canada. Over a third of the annual budget of the RBC Foundation is devoted to education--almost $9 million in 2003, with a further $127 million invested in employee training and career development.

RBC's support for Youth
RBC's support for Education

 

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10/29/2004 08:46:23