Corporate Philanthropy Award – Financial Institutions

In addition to Commonwealth Cares, which provides contributions of time, talent, and financial support to a wide range of charitable efforts, Commonwealth runs upwards of 40 philanthropic programs a year. Chemo Caps for Kids is a grassroots effort that began in 2009 when an employee’s son was diagnosed with a brain tumor and underwent treatment (he has since fully recovered!). Employees across all departments and business units meet weekly at lunch to knit caps to donate to pediatric cancer patients. Efforts have even spread to advisors, families, and friends. More than 4,200 hats have been donated to 16 hospitals nationwide.