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Subjects: Corporate Social Responsibility, Funding, Award

Ronald McDonald House New York Awarded $1.05 Million Grant from the RBC Foundation USA


Ronald McDonald House New York (RMH-NY) today announced it has been awarded a $1.05 million grant from the RBC Foundation USA to accelerate RMH-NY's Health Equity Program: Supporting Vulnerable NYC Children & Families. With RBC Foundation USA's support, 35,000 services will be provided to 15,000 medically-complex children and families at RMH-NY's 95-room House on East 73rd Street, at the Ronald McDonald Family Rooms in hospitals, and through Hospital Outreach initiatives with 22 partner hospitals.

This grant, which will primarily be utilized to power the Health Equity Data Center for Children and Families, will enhance RMH-NY activities and is integral to its goal to increase the number of families reached by 30% each year.

In recent years, RMH-NY has taken bold steps to expand upon the mission to provide families with a place to stay, meals, transportation, wellness activities, and enrichment programs while they travel to New York City for treatment. What sets RMH-NY apart is not only its unique blend of residential and non-residential support services but also its pioneering commitment to utilize insights and data to address and diminish health disparities in child health outcomes among the most underprivileged New Yorkers. While already distinctive in its comprehensive support offerings, this grant empowers RMH-NY to further differentiate themselves from other organizations serving similar populations by accelerating its project to promote health equity.

"We are so grateful to our long-time partner, the RBC Foundation USA, for awarding Ronald McDonald House New York with this generous grant," said Dr. Ruth C. Browne, president and CEO of Ronald McDonald House New York. "These funds will enable us to centralize our data systems, significantly extend our reach, and consistently improve our programs, which support thousands of children and families in the fight against pediatric cancer and other serious illnesses. We thank RBC Capital Markets for their unwavering dedication to our mission over the past 30 years. This includes our appreciation for over 200 volunteers from RBC giving their time in 2022 by serving dinner, participating on our Board of Directors and Board of Associates, joining Event Committees, running the NYC Marathon to benefit us, preparing welcome kits for families, and more. So much of what we do to positively impact medically-complex families would not be possible without RBC's strong partnership. Like RBC, RMH-NY is Powered by Purpose and because of their support, the Health Equity Data Center for Children and Families will transform our impact on medically-complex families for years to come."

Through funding provided by the RBC Foundation USA over a three-year period, the Health Equity Data Center for Children and Families will enable RMH-NY to achieve significant milestones, including:

Of the 15,000 individuals, in its first year the center is projected to enhance the mental well-being of 5,000 10-24-year-olds from marginalized communities who have access to RMH-NY's programs through its Hospital Outreach programming, Family Rooms, and in-House services.

"The RBC Foundation USA and RBC Capital Markets is pleased to be making such a meaningful investment in Ronald McDonald House New York, whose mission to advance health equity is more important now than ever before," said Bobby Grubert, Global Head of Digital Solutions & Client Insights (DSCi3) for RBC Capital Markets. "With deep roots in the New York City community, Ronald McDonald House New York is committed to eliminating hardships for all families and ensuring they can remain focused on beating their child's illness. For RBC, this support is well-aligned with our company's Purpose: to help our clients thrive and communities prosper. We are proud to help Ronald McDonald House New York strengthen its supportive programs through this milestone grant."

RMH-NY supports families from New York City, across the U.S. and around the world in the fight against pediatric cancer and other serious illnesses through its House on East 73rd Street in Manhattan as well as in partnering New York City hospitals.

To learn more about the partnership between Ronald McDonald House New York, the RBC Foundation USA, and RBC Capital Markets, click here.

About Ronald McDonald House New York

Located on East 73rd Street in New York, Ronald McDonald House New York (RMH-NY) is New York City's House. The organization provides critical care, support and services to families battling pediatric cancer and other serious illnesses through its House and in partnering hospitals across New York City. RMH-NY has served more than 59,000 families throughout all five boroughs of New York City, across the U.S. and around the world, and approximately 40% of families are international. Its 11-story, 79,000 square-foot House features 95 guestrooms ? including six post-transplant suites ? four full guest kitchens, laundry facilities, two outdoor terraces, private libraries, a dining room, living room and more. At the House, families are welcomed with love and comfort, and lifelong friendships are formed among people who understand what it's like to cope with devastating diagnoses. By providing programs that offer economic and financial assistance, temporary housing, food and nutrition, early childhood development, music and arts, transportation to and from treatment, peer-to-peer support, education, language access, wellness services, and various enriching activities for families to enjoy together, RMH-NY's programs help to address the social determinants of health and provide a sense of normalcy for families as they battle the most difficult fight of their lives. The organization's presence extends well beyond the confines of the House, as RMH-NY is also committed to positively impacting communities across the five boroughs. Through partnerships with eight leading healthcare systems, RMH-NY collaborates with New York City hospitals to ensure there is an integrated approach to treatment that advances health equity, particularly among vulnerable and at-risk populations. For more information, or to learn how to volunteer or donate, please visit rmh-newyork.org.

About the RBC Foundation USA

The RBC Foundation USA, the charitable arm of RBC Capital Markets, is proud to invest in partnerships and programs that create equal opportunities and better outcomes for youth across the U.S. By providing mental well-being support, skills, resources and mentorship, the RBC Foundation USA aims to help the next generation achieve their full potential. From 2023 through 2025, the RBC Foundation USA will commit $27 million to initiatives that will reach more than 275,000 young people. To learn more about the impact, visit rbccm.com/foundationusa.

About RBC Capital Markets

RBC Capital Markets is recognized by the most significant corporations, institutional investors, asset managers, private equity firms, and governments around the globe as an innovative, trusted partner with an in-depth expertise in capital markets, banking, and finance. RBC Capital Markets is well-established in the largest, most mature capital markets across North America, Europe, and the Asia-Pacific region, which collectively encompass more than 75% of global investment banking activity each year. To learn more, visit rbccm.com.



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