UMB recognized for dedication to community
Kansas City has long been known as a philanthropic town – in fact, a recent metro market study by Charity Navigator shows that Kansas City is among the top 10 most charitable cities in the nation. UMB is proud to be a part of this tradition and was recently recognized for its dedication to the community.
At UMB, we believe in honoring the communities in which we live, work, and serve, and giving back has always been a core value. Recently, we were honored to be recognized as a 2019 Corporate Champion in Ingram’s philanthropy issue‡.
Since 2008, Ingram’s has published a special philanthropy issue that recognizes companies and individuals in Kansas City who have been making a significant positive impact in the community. This year, UMB is proud to be recognized as a Corporate Champion, due largely to the launch of School of Economics, a program that helps children learn the basics of personal finance and money management.
Another factor that contributed to this recognition is UMB’s associate community involvement programs. Our goal is to enable associates to be their best personally and professionally, and to this end, UMB encourages team members to give back to their local community. We proudly offer associates 16 hours of paid time off for volunteerism each year as well as team-building group volunteer projects.
UMB’s dedication to the community resonates strongly with millennials and less tenured associates. Volunteering with nonprofits provides the opportunity to grow personally and professionally by gaining leadership experience, honing technical competencies and building professional networks. Our millennial workforce (which is about 38% of all associates – a percentage that continues to grow) consistently cites UMB’s reputation of community involvement and volunteerism benefits as reasons that make them proud to be associated with our company.
As part of this recognition, Alicia Beck, Director of Philanthropy, participated in a roundtable that brought together members of the nonprofit and for-profit worlds to discuss the current state and outlook on philanthropy in Kansas City. One of the key topics Alicia helped provide perspective on was tax reform impacts on charitable giving.
UMB’s commitment to our communities resulted in the following in 2018 (updated data for 2019 will be released in early 2020):
- More than $2.4 million in donations and sponsorships to the communities in which we operate.
- Associates volunteering with more than 675 nonprofit organizations.
- $75,000 donated to nonprofit organizations through the associate matching gift program.
Our commitment to community involvement is one of UMB’s most highly held values. We appreciate the recognition from Ingram’s and look forward to continued contributions and involvement in 2020 and beyond.
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