Making a Positive Impact in 2023

Thanks to our dedicated colleagues, clients, and nonprofit partners, we celebrated another successful year of making a positive impact in the communities where we live and work. Learn more about what we achieved together.

Watch the RBC Foundation USA Video

Published December 14, 2023 | 5 min read

Key Points

  • In 2023, the RBC Foundation USA and RBC Capital Markets invested $11.1 million in programs and partnerships that are helping to create equal opportunities and better outcomes across the U.S
  • We continue to partner with innovative and outcomes-driven nonprofit organizations from our core focus areas of Youth Mental Well-being, Youth Pathways and Mentoring, and Environmental Skills.
  • As part of our long-term vision, by 2025 the RBC Foundation USA is committed to investing $27 million in initiatives that will reach more than 275,000 youth.

We’re Committed to Helping Communities Prosper

Royal Bank of Canada’s Global Reach: CAD $172 million plus RBC Global Charitable Contributions, 11,500+ Global Volunteers, 2,500 Organizations Supported Worldwide

Our Impact Across the U.S.

Invested in transformational social impact (RBC Foundation USA and RBC Capital Markets – U.S.). $11.1 million total invested through grants, donations and sponsorships; $7.45 million RBC Foundation USA grants; $1.9 million RBC Charity Day for the Kids donations; $1.8 million corporate sponsorships and donations; $28.1 million total U.S. RBC charitable contributions invested in 2023; Includes RBC Foundation USA, RBC Capital Markets – U.S., Wealth Management – U.S., City National Bank, RBC Bank USA, and Head Office international donations.
Driven by our employees’ passion to give back (RBC Capital Markets – U.S.). 590 Volunteers engaged; 3,833 Volunteer hours contributed. Empowered by employee-led fundraising: $1.67 million Employee Giving Campaign; $784,000 RBC Race for the Kids; $247,000 Cycle for Survival
Focused on equality and helping youth succeed (RBC Foundation USA): 85+ organizations supported; 50,000+ youth reached across the U.S.; Committed to strong community partnerships. We're excited to highlight three marquee partnerships from our core focus areas: Youth Mental Well-being, Youth Pathways & Mentoring, and Environmental Skills. Ronald McDonald House New York - Youth Mental Well-being - $1.05 million committed over three years; TEAK Fellowship - Youth Pathways & Mentoring - $750,000 committed over three years; Trust for Public Land - Environmental Skills - $150,000 committed

By 2025, the RBC Foundation USA is investing $27 million in initiatives that will reach more than 275,000 young people.

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