BMO Employees Support Charities with Significant Donations
BMO is thrilled to reveal that its dedicated employees have contributed an impressive $36 million to local charities across North America, demonstrating a remarkable level of engagement. This overwhelming support is a result of the bank's annual Employee Giving campaign, where an extraordinary 91% of employees chose to participate. This year's total not only surpasses the initial goal of $29 million but also reflects the 15th year of collaboration with organizations like United Way.
Darryl White, the Chief Executive Officer of BMO Financial Group, expressed pride in the collective impact that Team BMO is making. He stated, "Our campaign's success resonates with our purpose to boldly grow the good in business and life, showcasing our unwavering commitment to uplifting communities. Our partnership with United Way has been instrumental in addressing inequities and bringing transformative change where it's most needed. We are honored to have worked alongside them for over six decades."
Empowering Local Communities and Driving Change
This year, over $12 million of the donations have been allocated directly to local United Way chapters, aiding their vital services that empower individuals and families. The scale of this initiative highlights the unwavering support from thousands of employees, each contributing to a tapestry of local assistance that has become synonymous with BMO's philanthropic efforts. Heather McDonald, the CEO of United Way Greater Toronto, remarked on the profound impact of BMO's generosity, emphasizing that their efforts help local agencies provide essential services to those in need.
BMO's Long-Standing Alliance with United Way
BMO's dedication to United Way has also made it their top corporate partner in the Chicago region for over a decade. Sean Garrett, President and CEO of United Way of Metro Chicago, praised BMO for its consistent commitment, saying, "BMO illustrates what it means to give back to the community. Their efforts not only provide immediate support to individuals and families but also contribute to long-lasting transformations within neighborhoods."
Giving Tuesday and Community Contributions
The 2025 Employee Giving campaign kicked off on Giving Tuesday, where BMO hosted numerous community kit packing events across cities in Canada and the U.S. More than 750 enthusiastic BMO employees assembled nearly 11,000 care kits tailored to meet local needs. These kits included hygiene supplies, cold weather essentials, literacy materials, and nutritious snacks, all aimed at assisting organizations supported by United Way.
Reinforcing Community Leadership and Support
BMO's partnership with United Way focuses on addressing the root causes of community challenges and building pathways to success. Together, they have reached over 3.7 million individuals in more than 150 neighborhoods, aiming to reduce economic disparities and maximize impact in the communities they serve.
Building a Legacy of Giving and Support
At the heart of BMO's mission is a commitment to community empowerment. Over the past year, BMO has contributed over $108 million to various philanthropic efforts, including $101 million directed towards charitable organizations. BMO’s employees dedicated over 54,000 hours to volunteer work, contributing more than $39 million through their annual campaigns as a testament to their commitment to driving positive change.
For those who wish to learn more about BMO's ongoing commitment to social responsibility and community engagement, further details are available on their official website.
About BMO Financial Group
BMO Financial Group is recognized as one of the largest banks in North America, with total assets exceeding $1.5 trillion. With a diverse workforce and a tradition of client engagement spanning over 200 years, BMO provides a wide array of banking and financial services to approximately 13 million customers across Canada, the United States, and select international markets. Driven by their purpose to Boldly Grow the Good in business and life, BMO continues to pursue initiatives that foster sustainable development and enhance community well-being.
Frequently Asked Questions
What is the total amount donated by BMO employees?
BMO employees have donated over $36 million through the Employee Giving campaign this year.
How many employees participated in the Employee Giving campaign?
A remarkable 91% of BMO employees participated in this year's campaign.
What is the main partner organization BMO collaborates with for this initiative?
BMO collaborates primarily with United Way as part of its Employee Giving campaign.
How has BMO’s contribution impacted local communities?
BMO's donations have supported local agencies, enabling them to provide essential services and foster community growth.
What commitments does BMO have towards community engagement?
BMO is dedicated to empowering communities through charitable contributions, employee volunteerism, and partnerships that address societal needs.