M&T Bank’s Support To Penn State Tops $1 Million
October 25, 2001
University Park, Pa.—M & T Bank’s support of Penn State’s Grand Destiny fund-raising campaign has now surpassed the million-dollar mark, according to Rod Kirsch, University vice president for development and alumni relations. The Buffalo-based bank began contributing to the campaign at its outset on July 1, 1996. M&T’s gifts have now helped a variety of programs on five Penn State campuses.
“M&T’s ongoing philanthropy supports a broad range of programs that have an important impact not only on our students and faculty, but on the quality of life in the campus communities,” said Kirsch. “We are grateful for their generosity and the wonderful example they have set for corporate support of higher education.”
At the University Park campus, M&T has directed donations toward Pennsylvania Centre Stage, the Center for the Performing Arts, Penn State Public Broadcasting, a digital photography studio in the College of Arts and Architecture, the Beaver Stadium expansion project, and athletic scholarship support.
The bank has also targeted gifts to help build and furnish the new library at Penn State Harrisburg, endow scholarship funds at Penn State Schuylkill and Penn State Mont Alto, and a building project still pending at Penn State Altoona.
“M&T Bank is proud to continue its commitment to the Penn State tradition of quality education, future growth and the continued development of an outstanding faculty,” said M&T Bank Regional President William Rossman of Altoona.
M&T Bank, which was established in 1856, is the principal subsidiary of M&T Bank Corp. (NYSE:MTB), the nation’s 27th largest independent, publicly owned commercial bank holding company, having more than $31 billion in assets as of September 30, 2001. M&T Bank has about 470 branch offices throughout New York State, Pennsylvania, Maryland, and West Virginia.
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Contact:
Mike Bezilla (814) 863-4512 (work) (814) 238-5842 (home) mxb13@psu.edu
Laura Stocker (814) 863-4512 (work) (814) 237-2013 (home) lstocker@psu.edu