Penquis News
TD Charitable Foundation Supports Financial Well-being
Updated July 19, 2026
The TD Charitable Foundation awarded Penquis $20,000 to support financial education and one-to-one coaching for Maine residents through the Financial Capability Program.
TD Charitable Foundation Supports Financial Well-being
Feb. 5, 2024 — Bangor, Maine — The TD Charitable Foundation, the charitable giving arm of TD Bank, America’s Most Convenient Bank®, recently donated $20,000 to Penquis as part of the foundation’s commitment to giving back to the community. Penquis is a nonprofit 501(c)(3) organization dedicated to supporting Maine families in becoming healthy, safe, connected, and financially secure.
The funds from the TD Charitable Foundation will support Penquis’ Financial Capability Program, which offers six-to-eight-week classes and one-to-one financial coaching to help individuals maximize their income, manage their finances, and increase their assets. The program will help 150 to 200 individuals improve their financial well-being through goal setting, budgeting, saving, credit building, banking services, and community resources.
“We are very thankful to receive this grant from TD Charitable Foundation. This funding will allow us to help more Mainers not only meet basic needs and increase financial stability, but also build financial security.” — Jennifer Giosia, Housing and Energy Services Director for Penquis
This contribution supports TD’s longstanding commitment to community enrichment through its corporate citizenship platform, the TD Ready Commitment. The TD Ready Commitment actively promotes inclusivity, economic vitality, environmental well-being, and health, enabling people of all backgrounds to succeed in a rapidly changing world.
“Penquis’ proactive commitment to financial coaching is an important step in improving financial health for all Mainers. TD is dedicated to supporting organizations that share our focus on improving financial literacy across communities. Penquis’ work investing in income stability and creating solutions for building security is driving meaningful change throughout the region.” — Sheryl McQuade, Regional President, Metro New England, TD Bank
About the TD Charitable Foundation
The TD Charitable Foundation is the charitable giving arm of TD Bank, America’s Most Convenient Bank®, one of the 10 largest commercial banking organizations in the United States. Since its inception in 2002, the Foundation has distributed more than $300 million through donations to local nonprofits across its Maine-to-Florida footprint and in Michigan.
More information is available on the TD Charitable Foundation funding opportunities page.
About the TD Ready Commitment
TD has a longstanding commitment to enriching the lives of its customers, colleagues, and communities. Through the TD Ready Commitment and its four key, interconnected drivers—Financial Security, Vibrant Planet, Connected Communities, and Better Health—TD is targeting a total of $1 billion in community giving by 2030 to support initiatives focused on these areas.
Through the TD Ready Commitment, TD aspires to connect its business, philanthropy, and human capital to help people feel more confident—not only about their finances, but also in their ability to achieve their personal goals in a changing world. For more information, visit the TD Ready Commitment website.