KeyBank Foundation and the West Palm Beach Library Foundation have announced a new partnership in support of literacy, with KeyBank Foundation awarding a $10,000 grant to fund “Improving Reading Skills of Children to Secure Future Education Success”. The gift will assist the Library Foundation in financially supporting two critical programs that address the need to increase reading skills of children – Summer Learning and Reading, and the Elementary Homework Center at the Mandel Public Library.

Library Foundation Executive Director Dean W. Dimke stated, “Reading is one of the most critical life
skills in determining a person’s ability to not only reach their potential, but to have a sustainable life. We
are excited to partner with KeyBank to expand our ability to bring literacy to more underserved youth in
our community. Truly, this partnership will be a difference maker for so many.”

Library Foundation Executive Director, Dean W. Dimke

Data shows that in the public schools nearest to the Mandel Public Library of West Palm, less than one-
third of kindergarteners start school ready to learn. By the third grade only 40% have become proficient
readers. Research shows that children who have not mastered reading by third grade are less likely to
graduate. Adults without high school diplomas make less than their peers who graduated. For many, a
diploma is the difference between poverty and a living wage.

“KeyBank Foundation is committed to partnering with community organizations that work to improve
the lives of underserved populations in our neighborhoods through education, workforce development,
and community investment,” said Michael T. Schneider, KeyBank Florida Market President and market
leader for Key Private Bank’s offices in West Palm Beach Gardens, Naples, and Fort Myers. “As a long-
time sponsor of the West Palm Beach Library, we are proud to support their work advancing literacy
through KeyBank Foundation.”

KeyBank Florida Market President and Market Leader, Michael T. Schneider

Since 2017, KeyBank has made community investments totaling more than $341 million supporting low
to moderate income individuals and neighborhoods in Florida. This involves lending for affordable
housing, community development, small businesses, residential mortgages and home improvements,
and transformative philanthropy.

Photos Credit: West Palm Beach Library Foundation

Date Posted: July 26, 2023