Supporting the communities in which we live and work around the world is one of State Street’s fundamental values. Headquartered in Boston, State Street has 39 community support program committees in 26 countries responsible for establishing programs and managing relationships with local recipient organizations. In the United States, grants are awarded directly to organizations and agencies designated as not-for-profit 501(c)(3) entities by the Internal Revenue Service. In communities outside the US, we provide grants to charities that are deemed 501(c)(3) equivalents.
At the foundation of our strategic grantmaking program is an understanding that increasing an individual’s ability to earn and maintain a living contributes to the overall health and well-being of our communities around the world. By investing resources with this in mind, State Street strives to resolve issues of skill shortages, regional competitiveness and income disparity between those with and without education and job skills. We collaborate with peers, educational institutions and charitable organizations to help ensure that populations where we operate are economically thriving and that a pipeline of entry- and intermediate-level talent is available to meet employer needs.