BMO's Inspiring Employee Giving Campaign
In an impressive showcase of community spirit, BMO employees have collectively donated over $31 million through their annual Employee Giving campaign. This year's campaign saw an astonishing 90% participation rate among employees, emphasizing BMO's commitment to making a positive impact in the communities they serve.
Support for United Way and Local Agencies
A significant portion of these donations has been directed to United Way, as BMO believes in empowering organizations that tackle pressing community needs. The bank also pledged an additional $18 million to various United Way agencies, enhancing efforts to address social inequities across North America.
Building Stronger Communities Together
“Inspired by our Purpose, to Boldly Grow the Good in business and life, Team BMO has taken remarkable steps to drive progress for communities,” said Darryl White, BMO's CEO. His words reflect the dedication of BMO employees in creating stronger neighborhoods that are healthier and more resilient.
Incredible Impact Over the Years
Over the last five years, BMO employees have generously contributed more than $130 million to various charitable causes through their Employee Giving campaign. This remarkable dedication has helped countless organizations support those in need.
Voices of Partnership
Angela F. Williams, President and CEO at United Way Worldwide, praised BMO for its commitment to community welfare. She stated, "Investing in equitable communities benefits everyone, particularly those most vulnerable." This partnership between BMO and United Way illustrates the power of collaborative efforts in making meaningful changes in society.
Engagement With the Community
To kick off the Employee Giving campaign, BMO hosted community kit packing events in multiple locations across North America, bringing together over 1,200 employee volunteers. Together, they assembled nearly 11,000 care kits tailored to the specific needs of various communities, providing essential items like hygiene kits and food packs.
Corporate Commitment to Social Responsibility
BMO is dedicated to social responsibility, emphasizing the necessity of volunteering and supporting charitable organizations. In 2023, BMO exceeded expectations by donating more than $84 million to hundreds of charities across North America. Additionally, their employees dedicated approximately 62,000 volunteer hours to various community projects.
BMO's Financial Footprint
BMO Financial Group stands as the eighth-largest bank in North America, with total assets amounting to $1.41 trillion. With a history spanning 200 years, BMO serves 13 million customers across Canada and the United States, providing them with a diverse range of banking and financial services.
Summary of BMO's Achievements
As BMO continues its mission to elevate the communities it serves, the bank remains committed to sustainable development, equitable growth, and enhancing the quality of life for individuals and families. The recent Employee Giving campaign serves as a testament to their efforts toward promoting a thriving society.
Frequently Asked Questions
What is the total amount donated by BMO employees through the campaign?
Employees have donated over $31 million as part of BMO's Employee Giving campaign.
Who benefits from the donations made by BMO?
The donations primarily benefit United Way and various community organizations focused on addressing social inequities.
How many BMO employees participated in this year’s campaign?
A remarkable 90% of BMO employees participated in the Employee Giving campaign.
How long has BMO been involved with United Way?
BMO has a long-standing partnership with United Way, working together to support community initiatives across North America.
What is BMO's mission related to community support?
BMO aims to boldly grow the good in business and life, focusing on helping communities thrive through charitable giving and volunteerism.
