In celebration of its 150th birthday, RBC announced a US$4.1 million investment to communities across Canada, the United States, the United Kingdom and the Caribbean. The donations will be directed to youth-focussed organisations committed to helping young people and their communities thrive.
“RBC is honoured to have served and supported our clients, their families and their businesses, in communities around the globe, for the past 150 years,” said Dave McKay, RBC president and chief executive officer. “To celebrate our shared history, we’re giving back to our communities, in line with our RBC Future Launch programme, and engaging youth to help drive positive change for future generations.”
RBC announced that in the Cayman Islands, Feed our Future was selected as a recipient and partner organisation of the programme.
Other beneficiaries selected by RBC are Community Foundations of Canada, DoSomething.org in the US, Prince’s Trust in the UK and the YMCA in Trinidad and Tobago.
RBC will announce additional donations to The Bahamas and Barbados in the coming weeks.
“Today’s announcement further reinforces our continued investment in youth and the critical role social enterprises play in helping deliver that support where it’s needed most,” McKay added.