FOR IMMEDIATE RELEASE
OCTOBER 24, 2018
Contact: EMILY CHARLES, This email address is being protected from spambots. You need JavaScript enabled to view it., 215-589-7183
Public Health Management Corporation Awarded TD Ready Challenge Grant
The grant will support initiatives to create income security through technology-based workforce development in Greater Philadelphia and Southern New Jersey
PHILADELPHIA, October 24, 2018 – Today, TD announced Public Health Management Corporation (PHMC), a nonprofit public health institute that creates and sustains healthier communities, as one of 10 grant recipients of the inaugural TD Ready Challenge. PHMC will receive $775,000 to create a program aimed to help at-risk youth obtain and sustain high-paying careers in the health care and technology fields.
Through the grant, PHMC will offer a program that blends evidence-based workforce development curriculum, real world technology skills training, and comprehensive health and human services to enable youth to access and maintain income security. Over the course of the next year, the program will serve 175 at-risk and low-income young adults from the Greater Philadelphia and Southern New Jersey regions.
“The TD Ready Challenge Grant recognizes the importance of giving at-risk youth the tools and education they need to excel in today’s skill-based economy,” said Pam Mattel, PHMC’s Chief Program Officer. “PHMC is excited to offer this ‘super-vitamin’ program to truly provide youth with a healthy and successful pathway to lifelong financial security.”
With a focus on financial security, all TD Ready Challenge grant recipients will work to create programs that could include initiatives to build new skills, accelerate and transform 'career DNA', and reduce barriers to STEM training for underrepresented groups –all to open doors for individuals who have the greatest risk of falling behind due to rapid technological advancement. TD Ready Challenge is part of The Ready Commitment, a multi-year program targeting $775 million in total by 2030 toward community giving.
“Supporting future income stability starts with bringing bold new ideas to the table – ideas that have the potential to make a lasting impact on the lives of people and communities,” says Bharat Masrani, Group President and Chief Executive Officer, TD Bank Group. “Change that drives progress can also be disruptive, therefore TD is committed to opening doors so that people can feel confident they can succeed, thrive and be ready for the future.”
To learn more about the TD Ready Challenge, visit www.td.com/readychallenge. Additional details about The Ready Commitment can be found at www.td.com/thereadycommitment.
About PHMC
Public Health Management Corporation (PHMC) is a nonprofit public health institute that creates and sustains healthier communities. PHMC uses best practices and evidence-based guidelines to improve community health through direct service, partnership, innovation, policy, research, technical assistance and a prepared workforce. PHMC has served the region since 1972. For more information on PHMC, visit www.phmc.org.
About the TD Ready Challenge
Acting as a springboard for social innovation, TD established the TD Ready Challenge to identify and support scalable solutions to a specific issue identified within The Ready Commitment. In its inaugural year, the TD Ready Challenge encouraged organizations across North America to create innovative solutions to help increase income stability and give people the skills they need for the economy of the future. In total, TD awarded $10 million (CDN) for the 2018 Challenge.
From more than 200 submissions, TD shortlisted 15 finalists who presented their solutions on September 7, 2018 in Toronto, Ontario. Applications were judged in two rounds by a panel composed of TD executives and external subject matter experts, including Linda Nazareth, economist and trends expert, and Jennifer Tescher, president and CEO, Centre for Financial Services Innovation (CFSI).
About TD Bank Group
The Toronto-Dominion Bank and its subsidiaries are collectively known as TD Bank Group ("TD" or the "Bank"). TD is the sixth largest bank in North America by branches and serves more than 25 million customers in three key businesses operating in a number of locations in financial centres around the globe: Canadian Retail, including TD Canada Trust, TD Auto Finance Canada, TD Wealth (Canada), TD Direct Investing, and TD Insurance; U.S. Retail, including TD Bank, America's Most Convenient Bank®, TD Auto Finance U.S., TD Wealth (U.S.), and an investment in TD Ameritrade; and Wholesale Banking, including TD Securities. TD also ranks among the world's leading online financial services firms, with approximately 12 million active online and mobile customers. TD had CDN$1.3 trillion in assets on July 31, 2018. The Toronto-Dominion Bank trades under the symbol "TD" on the Toronto and New York Stock Exchanges.
For further information: Canada: This email address is being protected from spambots. You need JavaScript enabled to view it., 416-983-7180; U.S.: Lisa Martucci-Thibault, This email address is being protected from spambots. You need JavaScript enabled to view it., 1-856-505-1199
