Monday, December 15, 2008

TD Bank Gives to Capital Area Food Bank

This article originally ran on www.bizjournals.com:

Capital Area Food Bank, the area’s biggest, public nonprofit food bank, will get $25,000 this holiday season from TD Bank.

The Cherry Hill, N.J.-based bank’s charitable arm is giving $100,000 to four food banks to support families throughout the mid-Atlantic and in Florida.

Also receiving $25,000 each are Daily Bread Food Bank, which helps other Florida nonprofits feed needy people; Food Bank for New York, which nourishes low-income New Yorkers throughout the five boroughs; and Philabundance, which has a network of more than 600 agencies in the region to provide food for Delaware Valley residents.

“These donations support the basic needs of our communities,” said Elizabeth Warn, president of the TD Charitable Foundation, in a statement. “We are happy to step in and offer our help with the hope that no one goes hungry this holiday season and beyond.”

Its foundation has made over $40 million in charitable donations since its inception in 2002.

After TD Bank Financial Group bought Commerce Bancorp Inc. on March 31, TD Banknorth and Commerce Bank merged on May 31 to become TD Bank.

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