KeyBank Foundation

Private foundation · EIN 23-7036607 · since 1969key.com/about/corporate-responsibility/keybank-foundation.html·Updated 13 October 2026

At a glance

$28.4M
Annual giving, 2024 tax year
From the Form 990-PF filing
Open to applications
Rolling, no deadlines · unsolicited applications welcome

Key takeaways

  • KeyBank Foundation funds work under three themes - Neighbors, Education and Workforce - so check your project sits within community and economic development, education access and attainment for students in high school and above, or adult workforce skills before applying.
  • It favours community organisations with innovative, direct-service programmes that produce lasting, measurable results for people or small businesses in communities where KeyBank has a retail presence, so be ready to show clear goals and outcome measures.
  • For Community Grants, expect a request in the $10,000 to $25,000 range; the wider grant range is not stated, and annual giving was $28,366,334 paid, so budget a modest ask.
  • The process is rolling: submit an Expression of Interest, which a local representative reviews and responds to within 90 days, with full Community Grant requests proceeding only by invitation, so this is a relationship-led route rather than an open call, and timing should allow for that 90-day response window.
  • Do not apply if you are an individual, discriminate on protected grounds, are a religious organisation seeking funding for religious purposes, need support for memberships, lobbying, political activity, advertisements, athletic teams or booster clubs, operate outside the United States, are inconsistent with U.S. equal opportunity policies, or are a selected organisation with Internal Revenue Code Section 509(a)(3) status.

Overview

KeyBank Foundation is a US private foundation based in Cleveland, OH.

What they fund

Profile derived from the foundation's IRS Form 990-PF filings (TY2024, TY2023, TY2022) and its website, with every statement checked against those sources. Sources read on 7 October 2026.

Priority Areas

KeyBank Foundation supports organisations aligned with its priorities of Neighbors, Education and Workforce, with a focus on improving lives and fostering economic mobility and inclusive growth. Its Neighbors grants back community and economic development, including safe, healthy, affordable and inclusive communities, family homes and small businesses. Its Education grants help students in high school and above access quality education, achieve academically, and progress through enrolment, retention and completion. Its Workforce grants help adults build skills and capabilities for current and future employment. It partners with community organisations offering innovative approaches to community needs and seeks lasting, measurable improvements, sustainable change and plans that address root causes. Preferred programmes provide direct services to beneficiary populations; eligible organisations serve people or small businesses in communities where KeyBank has a retail presence.

Themes

  • Neighbors
  • Education
  • Workforce

What They Don't Fund

  • Individuals
  • Organizations that discriminate against individuals on the basis of race, color, religion, national origin, age, gender, gender identity, disability, or sexual orientation
  • Programs operated by religious organizations for religious purposes
  • Memberships, lobbying, or political activities, advertisements, athletic teams, booster clubs, and organizations outside the United States
  • Organizations that are inconsistent with U.S. equal opportunity policies
  • Selected organizations with Internal Revenue Code Section 509(a)(3) status

How to apply

Organisations interested in Community Grants submit an Expression of Interest to share information about their organisation and priorities. A local representative reviews it and responds within 90 days; Community Grant requests proceed by invitation.

Application success factors

What the foundation says:

  • The Foundation seeks community organisations with innovative programmes and approaches that solve community needs.
  • Partners should set clear goals, measure success and know what is needed to achieve their target outcomes.
  • The Foundation values lasting results and continuing community impact.
  • It prefers programmes that provide direct services to beneficiary populations.

Officers and directors

  • Alicia Rector — Assistant Secretary
  • James Waters — Trustee
  • Randy Paine — Trustee
  • Laurie Muller-Girard — Trustee
  • Tim Burke — Trustee
  • Gideon M Hart — Secretary
  • Stacy Gilbert — Treasurer, Trustee
  • Eric Brown — Vice President
  • Trina Evans — President, Trustee
  • Eric Fiala — Ceo, Cob, Trustee

From the latest Form 990-PF filing

3 years of tax filings

YearTotal expensesGrants paidAssetsFiling document
2022 tax year$28,476,642$28,338,883$77,456Filing for 2022 tax year
2023 tax year$28,154,152$28,153,952$53,155Filing for 2023 tax year
2024 tax year$28,366,694$28,366,334$150,696Filing for 2024 tax year

Figures from the foundation’s IRS Form 990-PF filings. Assets are at fair market value at year end. The document icon links to each year’s filing on ProPublica Nonprofit Explorer.

Sources

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