Warren Village and KeyBank announced a $250,000 grant from KeyBank at a social event for Warren Village residents held at Cheeseman Park earlier this month.
The three-year partnership and strategic investment are rooted in education and workforce training and is focused firmly on increasing the number of single-parent families to achieve personal and economic self-sufficiency through the services provided by Warren Village.
Since 1974, Warren Village has been supporting low-income, single-parent families make the journey from poverty to economic mobility. Therefore, the finances donated by KeyBank will further boost its potential to increase the number of staff who assist single parents to move forward after graduating from the program. Moreover, the funds will scale up training opportunities for advocates to assess residents’ educational and career goals.
“At Key, our giving strategy is focused on three pillars: neighbors, education and workforce,” said Mike Katz, president of KeyBank’s Colorado market. “The work Warren Village pioneers, helps change lives through education, career development, housing and parent services aligns perfectly with all three of our giving priorities. There is a dire need for the services Warren Village provides, and we are pleased to do even a small part to help improve the lives of more single-parent families who are currently living in poverty right here in our own community.”
The investment from KeyBank is expected to provide coaching for a minimum of 150 Warren Village alumni, a 10% increase in the number of participants who earn a college degree, and a 10% increase in the average annual salary for existing participants working full time. Consequently, the grant aims to widen the reach of Warren Village in three Denver locations, benefiting a minimum of 300 individuals annually.
“This generous investment from Key Bank will enhance our adult self-sufficiency program and extend our reach with much-needed services for single-parents in our community,” said Ethan Hemming, Warren Village CEO. “Ultimately, the financial support will strengthen our impact in the Denver community.”
The monthly Family Nights at Cheesman Park includes food, activities for kids and an opportunity for Warren Village residents to spend time together building community.