State Street Ranked as No. 1 Charitable Giver in Massachusetts
NEC member State Street Corp. was ranked by the Boston Business Journal (BBJ) as the number one charitable giver within the Commonwealth. The company’s foundation provided $21 million globally in charitable giving in 2012 alone and this is the fifth year in a row that it has held one of the top three spots in the BBJ’s annual ranking.
The BBJ is not the only group to recognize State Street’s philanthropic efforts. Two publications, CR magazineand Business in the Community, recognized the company for being a “top corporate citizen” and Working Mother magazine included State Street on its 2013 100 Best Companies listing for it dedication for providing a progressive work environment for its employees. Through the awards it receives and the actions it takes, it is clear that giving back and is a big part of State Street’s ethos.
“We are honored to be named the top charitable contributor in Massachusetts by the Boston Business Journal,” Alison Quirk, State Street’s executive vice president and chief human resources and citizenship officer, said in a statement. “Giving back to the communities in which we work and live is an integral part of our culture. Last year, our employees globally gave more than 87,000 hours of volunteer time to nonprofit groups and donated approximately $2.7 million through State Street’s Matching Gift program and Global Giving Campaign.”
State Street is both an industry and community leader, and the New England Council is proud to count the company as a long-standing member… We congratulate the company on this recognition and comment them for their continued generosity to our community.