HOW WE OPERATE RESPONSIBLE BANKING WORKPLACE ENVIRONMENT COMMUNITY GOVERNANCE
Community Investment (continued)
• Youth Social Innovation (YSI) YSI is an impact investing fund that provides young entrepreneurs with financing and technical assistance, which includes support involving governance, business development and fundraising. A key focus is young women entrepreneurs, who face significant obstacles to fair access to capital (less than 10% of venture capital funding goes to women). With TD’s help, YSI is investing in women-led ventures and championing their successes with investor communities.
• Supporting underserved communities in the U.S. As one of the largest banks in North America, we have a particular responsibility to demonstrate leadership and commitment to serving the needs of low- and moderate-income individuals, families and businesses, in areas such as credit, lending, financial outreach and real- estate development. In 2015, TD Bank in the U.S. provided more than US$1.07 billion – up from US$1 billion in 2014 – for community development loans and investments in underserved locations. Examples include:
° Tax credit programs and other investments supporting local initiatives for low- to moderate-income individuals and families exceeded US$441.2 million, including $700,000 in state tax credits.
° TD originated 248 community development loans for low- to moderate-income groups, totalling more than US$631.3 million, in the following categories:
– Affordable housing (48%) – Community services (40%) – Revitalization (7%) – Economic development of small businesses (4%)
For more examples, please see the Affordable Housing section of this report. SPOTLIGHT Together, We Bring Change
We know that small change can have a big impact. That’s the philosophy behind one of TD Bank’s most ambitious charitable initiatives: the Bring Change campaign.
Launched in May 2015, Bring Change spotlights small local organizations and individuals in need as the recipients of one-day fundraising events. On each “Green Friday” we invite people to a participating store where they can donate their loose change. Along with their contributions, TD Bank makes a $2,000 donation to each recipient, collectively making a big impact in the communities we care about. By the end of October 2015, we had held 250+ events from Maine to Florida and raised $700,000 for the benefit of local recipients.
+ Check out
tdbringchange.com for some of our favourite moments so far
Learn more about an incredible summer camp run by Frontier College that promotes a love of reading to Aboriginal kids and positions them for success.
Page 46
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64
