At Citizens Bank, we believe that investing in the communities where we live and work enriches us all. That’s why we give to organizations that are making a difference locally by enhancing quality of life and economic vitality in the communities we serve.
Contributions vs. Sponsorships
We define charitable contributions and sponsorships as follows:
Charitable Contributions are made only to qualified, federal tax-exempt 501(c)3 nonprofit organizations, as defined by the Internal Revenue Service Code. Contributions are restricted to nonprofit organizations serving local residents in areas in which the bank has a branch presence. Unless otherwise noted, charitable contributions generally are for program support. Citizens Bank looks for opportunities where our funding can have a clear, measurable impact on the community.
Sponsorships are payments to any for-profit or nonprofit organization for which Citizens will receive promotional, marketing, or entertainment value. Participation as a sponsor of an event or community function is expected to help create a favorable impression for the bank, provide opportunities and visibility for colleagues, create unique experiences for customers, generate new business opportunities, and support the community.