About Keybank Foundation
KeyBank Foundation gives like a place-based corporate foundation, with a strong emphasis on Cleveland and other communities where KeyBank has a major presence. Its largest grants support anchor institutions and civic infrastructure—scholarships, major cultural assets, health systems, food access, and community development—while a separate stream of many smaller gifts suggests broad community engagement through numerous local nonprofits. The foundation appears especially interested in strengthening the economic mobility and overall vitality of the communities it serves, rather than funding narrow programmatic niches.
Focus Areas
Greater Cleveland civic and cultural institutionsScholarships and community college supportHealth systems and children’s hospitalsFood security and hunger reliefCommunity development and affordable housingWorkforce development and economic mobility
Giving Approach
A mix of concentrated large gifts to a few anchor grantees and a wide distribution of smaller grants across many organizations, with repeat support for core partners and periodic capital campaign funding.
Notable grantees: Cleveland Foundation, Rock and Roll Hall of Fame and Museum Inc, United Way of Greater Cleveland Fund, Jumpstart Inc, Greater Cleveland Food Bank Inc.
About Keybank Foundation
Keybank Foundation’s publicly reported giving in this dataset is dominated by three very large transfers to a corporate contributions account labeled “Contributions (Detail Statement),” with each grant landing in Ohio and the three awards spanning 2023, 2024, and 2025. That pattern points to a centralized corporate giving structure rather than a long list of individually named nonprofit awards in the record. The largest recorded transfer was $28,366,334 in 2025, followed by $28,338,883 in 2023 and $28,153,952 in 2024. The active programs tied to the foundation show how that corporate channel is used: general grantmaking for community impact and inclusive communities, community grants aligned with Neighbors, Education, and Workforce, and community sponsorships that support local organizations’ fundraising or general support. A separate CDFI Bicentennial Grants program also indicates interest in certified community development financial institutions. In the recent grants list, the recipient name is presented as “Contributions (Detail Statement),” which is consistent with the foundation’s consolidated reporting approach in this dataset.
What Keybank Foundation Funds
Keybank Foundation’s named programs center on community development, education, and workforce pathways. Under Community Grants, the foundation says it supports Neighbors, Education, and Workforce priorities, including affordable housing, community and economic development, small business growth, preparation, access, attainment, completion, training, graduation, and employment placement. The foundation also has a dedicated CDFI Bicentennial Grants program for certified Community Development Financial Institutions, tying part of its giving to economic inclusion and community development. Community Sponsorships provide fundraising support or general support for local organizations, which places some of the foundation’s activity outside traditional program grants. Its general grantmaking is described as supporting community impact, inclusive communities, and sustainability, giving a broader frame for the corporate philanthropy vehicle that appears in the recent grants record.
How Keybank Foundation Gives
The recent grants are tightly clustered in size: the 25th percentile is $28,200,185, the median is $28,246,418, and the 75th percentile is $28,292,650. That narrow band reflects three similarly sized awards rather than a broad spread of small and large grants. The same recipient label appears in multiple years — 2023, 2024, and 2025 — which suggests recurring transfers through a centralized reporting account. The foundation is classified as a Regular Funder, does not fund individuals, and is not a program-related investment funder. The active program pages include both unsolicited Community Grants and unsolicited Community Sponsorships.
Financial Snapshot
Annual Giving
$28.4M
Total Assets
$151K
Total Revenue
$28.5M
Total Expenses
$28.4M
Typical Grant Size
Most grants fall between $10K and $25K, with a median of $15K.
25th Percentile
$10K
Median
$15K
75th Percentile
$25K
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