Applications are now open for eligible
organizations across Canada and
the United States
TORONTO and CHERRY HILL,
N.J., June 16, 2020 /CNW/
- The TD Ready Challenge, an annual North American initiative
which provides financial support to organizations tackling
community issues, is now open and accepting applications until
August 13, 2020. The TD Ready
Challenge has a total of $10 million
(CAD) in grants available to eligible organizations developing
innovative and measurable solutions in response to the widespread
impacts of the pandemic. New this year, grant amounts will range
from $350,000 CAD to $1 million CAD.
There is growing evidence that COVID-19 is disproportionately
impacting certain populations across North America. Applications must focus on
addressing the inequities exacerbated by the pandemic, through one
or more of the four interconnected drivers of change of the TD
Ready Commitment (Financial Security, Vibrant Planet, Connected
Communities and Better Health).
The TD Ready Challenge, created and funded by TD, is a key
component of the Bank's overall corporate citizenship platform, the
TD Ready Commitment, and this year is part of the $25 million (CAD) that TD has allocated to help
strengthen community resilience and COVID-19 recovery through the
TD Community Resilience Initiative.
The TD Ready Challenge is part of TD's efforts to help build
more resilient societies. For complete details about this year's
Challenge, please visit td.com/readychallenge. For additional
information about the TD Ready Commitment, please visit
td.com/tdreadycommitment.
Quotes
"The TD Ready Challenge was designed to catalyze innovative
solutions to address complex social, health and economic issues.
This year, the issues of COVID-19 require ideas that can be
implemented and scaled to mitigate the unequal impacts in our
communities." - Andrea Barrack,
Group Head, Sustainability and Corporate Citizenship, TD Bank
Group.
"We are excited to build on the momentum of the previous TD
Ready Challenge initiatives, focusing our support to drive change
on systemic inequity which has been exacerbated by the pandemic.
Through this year's Challenge, we are committed to working towards
making the world more equitable and inclusive for everyone." –
Shelley Sylva, U.S. Head of
Social Impact, TD Bank Group.
About the TD Ready Commitment
TD has a long-standing
commitment to enriching the lives of its customers, colleagues and
communities. As part of its corporate citizenship platform, the TD
Ready Commitment, TD is targeting CDN $1
billion (U.S. $775 million) in total by 2030 towards
community giving in four areas critical to opening doors for a more
inclusive and sustainable tomorrow – Financial Security, Vibrant
Planet, Connected Communities and Better Health. Through the TD
Ready Commitment, TD aspires to link its business, philanthropy and
human capital to help people feel more confident - not just about
their finances, but also in their ability to achieve their personal
goals in a changing world. For further information,
visit td.com/tdreadycommitment.
About the 2020 TD Ready Challenge Problem Statement
The 2020 TD Ready Challenge will help support innovative solutions
that address the impacts of the pandemic, specifically for
communities that are experiencing disproportionate impacts of
COVID-19. We are seeking applications that will help drive
accelerated, sustained and equitable recovery. Applications must
work to explicitly address inequities exacerbated by the pandemic,
as well as one or more of the four interconnected drivers of change
of the TD Ready Commitment. For more information visit:
td.com/readychallenge.
About TD Bank Group
The Toronto-Dominion Bank and its
subsidiaries are collectively known as TD Bank Group ("TD" or the
"Bank"). TD is the sixth largest bank in North America by branches and serves over 26
million customers in three key businesses operating in a number of
locations in financial centres around the globe: Canadian Retail,
including TD Canada Trust, TD Auto Finance Canada, TD Wealth
(Canada), TD Direct Investing, and
TD Insurance; U.S. Retail, including TD Bank, America's Most
Convenient Bank®, TD Auto Finance U.S., TD Wealth (U.S.), and an
investment in TD Ameritrade; and Wholesale Banking, including TD
Securities. TD also ranks among the world's leading online
financial services firms, with more than 14 million active online
and mobile customers. TD had CDN$1.7
trillion in assets on April 30,
2020. The Toronto-Dominion Bank trades under the symbol "TD"
on the Toronto and New York Stock
Exchanges.
SOURCE TD Bank Group