KeyBank

KeyBank Donates $75,000 to Maine Medical Center

May 13, 2005

PORTLAND, ME – KeyBank recently made a five-year, $75,000 commitment to Maine Medical Center to create The KeyBank Fund for Multicultural Nursing Education and Development. The program, which addresses the importance of providing quality service and care to Maine’s increasingly diverse population, will begin by training a multicultural field of caregivers in the certified nursing assistant program at Maine Medical Center.

“At Key, we believe diversity makes companies better and communities stronger,” said Kathryn G. Underwood, president, Maine District, KeyBank N.A. “And we are very proud to establish The KeyBank Fund for Multicultural Nursing Education and Development, which will not only create job and education opportunities but also lead to better patient care.”

All funds will be used for the purpose of multicultural education, supporting:

Recruitment and retention programs,

Educational scholarships,

Transcultural education,

Leadership and career development efforts,

Specialized education and training, and

English as a second language in the healthcare setting.

“Maine Medical Center is committed to providing resources to support our nurses,” said Marjorie S. Wiggins, RN, chief nursing officer, Maine Medical Center. “We are also committed to diversity, and KeyBank’s generous donation will help us meet the challenges of recruitment, retention and specialized training while creating quality job opportunities and professional development for our region’s multicultural population.”

The KeyBank Fund for Multicultural Nursing Education and Development was established in March 2005 as part of Maine Medical Center’s Building on Excellence capital campaign.

Recognizing medical staff shortages throughout the country are a serious problem, KeyBank is developing a signature profile of stepping in this critical area with philanthropic support. Other recent healthcare grants include:

$250,000 multiyear grant to The MetroHealth Foundation, supporting MetroHealth’s Nursing Careers Pathway Program (NCPP), a new workforce development model that will have a significant impact on the availability of nurses www.snl.com/Interactive/IR/file.asp?IID=100334&FID=1476001&OSID=9

Two-year, $50,000 Key Foundation grant to Ravenna, Ohio-based Robinson Memorial Hospital in support of the hospital’s workforce development program and its ongoing efforts to advance employees into higher paying, in-demand nursing and radiology careers www.csrwire.com/article.cgi/3738.html

$100,000 multiyear Key Foundation grant to Hauptman-Woodward Medical Research Institute supporting graduate internships and minority student outreach. The grant will establish the Key Graduate Education Center and spur recruitment of four minority interns, while covering their first-year graduate school tuition costs and living expenses. www.snl.com/Interactive/IR/file.asp?IID=100334&FID=1631771&OSID=9

About Maine Medical Center

Maine Medical Center, the largest hospital in Maine, is the premier referral hospital for Maine and northern New England. Located in Portland, the 606-bed facility is both a teaching hospital and an active research center, providing comprehensive services in all medical specialties.

About KeyBank

KeyBank N.A. is one of Maine’s largest financial services companies with assets of approximately $3.3 billion. Key has one of the largest statewide networks of branches (64) and ATMs (100) and is a leader in community involvement, contributing nearly $1 million to local nonprofit agencies and organizations. A strong proponent for local economic growth, KeyCorp (NYSE: KEY) companies provide investment management, retail and commercial banking, retirement, consumer finance, and investment banking products and services to individuals and companies throughout the United States and, for certain businesses, internationally. The company’s businesses deliver their products and services through KeyCenters and offices; a network of approximately 2,400 ATMs; telephone banking centers (1.800.KEY2YOU); and a Web site, Key.com, that provides account access and financial products 24 hours a day. Key values diversity and is one of DiversityInc’s top 50 Companies for Diversity in 2005.Contact Key Foundation Senior Program Officer Quentin McCorvey at 216.689.5505, or [email protected], for more information about corporate grants.

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