Company's 'Powering Potential' Focus Targets Basic Needs and Workforce Development

NEW YORK, December 16, 2009 — BNY Mellon and its charitable foundation has distributed more than $1 million in fourth-quarter donations, benefiting many New York City-area nonprofit organizations. This year, approximately $5 million in grants were awarded to more than 200 New York nonprofits.

"BNY Mellon is working with our nonprofit partners and local agencies to address essential needs and areas of social distress in our communities by investing in comprehensive support services. These investments are critical to achieving stability for people in need," said Daisey Holmes, BNY Mellon's managing director of philanthropy for New York.

Powering Potential, BNY Mellon's charitable giving focus, is designed to help others in need by concentrating on basic needs and workforce development. BNY Mellon works with community partners to provide food, clothing, energy and housing assistance to those who require immediate help. The company's workforce development investments are designed to improve access to employment through job training, education, mentoring and skills development.

Fourth-quarter funding recipients at the $50,00o -$100,000 level are:

• The Children's Aid Society provides vital social and health services to more than 100,000 underserved children and their families at some 45 New York sites. They have become one of the nation's largest and most innovative non-sectarian agencies with more than 100 health, education, foster care and adoption, arts and recreation, job training and advocacy services.
• Episcopal Charities provides basic human services and a broad range of community-based programs to more than 200,000 disadvantaged individuals, at-risk-youth and families on a non-sectarian basis, with 100 percent of public donations to Episcopal Charities are used for direct program support.
• Leake & Watts provides support services to more than 3,000 inner-city children and families every day, including foster care and adoption programs; emergency shelter; community-based group care; group residences; mother-infant programs; medical and mental health services; and early childhood education.
• Operation Warm will provide approximately 6,000 New York City children with new winter coats. Over the past decade, they have distributed new winter coats to more than 500,000 children in the United States.
• Partners in Care, Inc.'s Home Health Aide Certification and Employment Program will assist with job training and placement for unemployed individuals in the community.
• Sesame Workshop's Families Stand Together: Feeling Secure in Tough Times, a bi-lingual (English and Spanish), multi-media initiative, will provide guidance to families with young children experiencing difficult economic circumstances.

Many additional community-based organizations addressing critical needs in the local area, including the Food Bank for New York City, also received funding.

BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). BNY Mellon is a global financial services company focused on helping clients manage and service their financial assets, operating in 34 countries and serving more than 100 markets. The company is a leading provider of financial services for institutions, corporations and high-net-worth individuals, providing superior asset management and wealth management, asset servicing, issuer services, clearing services and treasury services through a worldwide client-focused team. It has $22.1 trillion in assets under custody and administration and $966 billion in assets under management, services $11.9 trillion in outstanding debt and processes global payments averaging $1.6 trillion per day. Additional information is available at bnymellon.com.