BNY Mellon Returns as Presenting Sponsor of Year Up Boston’s Drive Fore Success Golf Tournament

BOSTON, June 2, 2014 /3BL Media/ – BNY Mellon, a global leader in investment management and investment services, announced that it is the presenting sponsor of Year Up Boston’s 10th Annual Drive Fore Success Golf Tournament, which is being held June 16, 2014, at the Weston Golf Club in Weston, Massachusetts. 

This is the second year for the company’s sponsorship, which is supported by BNY Mellon Investment Management, The Boston Company Asset Management LLC, Mellon Capital Management Corporation, The Newton Group, The Alcentra Group, and Standish Mellon Asset Management Company LLC.

“Year Up envisions a future in which every urban young adult will have access to education, experiences, and guidance required to realize his or her true potential,” said Casey Recupero, executive director of Year Up Boston. “Our mission is to close the opportunity divide by providing young adults with the skills, experience, and support that will empower them to reach their potential through professional careers and higher education.”

Headquartered in Boston, Year Up has 13 sites across the United States and has served more than 8,500 young adults since it was founded in 2000.

“The return of BNY Mellon as our presenting sponsor for the second consecutive year will help advance us toward our goal of increasing the number of students we serve by 50 percent by 2016,” Recupero said. “Our success depends on the tremendous support of employers like BNY Mellon and its subsidiaries.”

“Year Up’s training programs combine hands-on skill development, college credits and corporate internships; and they have helped many individuals achieve success,” said Joanne Jaxtimer, BNY Mellon Regional Executive for New England. “It is a wonderful organization that uses a holistic approach to place young adults on a viable path to economic self-sufficiency.”

BNY Mellon is a long-time supporter of Year Up, having donated more than $400,000 since 2003. BNY Mellon is also involved in many of Year Up’s programs, including establishing a formal internship program for Year Up students and hosting an annual event where students can showcase investment knowledge to BNY Mellon and community experts.

To learn more about Year Up, visit http://www.yearup.org/. Information about the Drive Fore Success Golf Tournament is available here.

Learn more about BNY Mellon’s philanthropic programs or the company's world-wide commitment to social responsibility at www.bnymellon.com/csr.

BNY Mellon, whose local roots date back to 1875 and the Boston Safe Deposit & Trust Company, has about 4,000 employees in five major locations across greater Boston. 

The Newton Group operates through a number of affiliated companies, including Newton Capital Management LLC and Newton Capital Management Limited in the United States. None of the other Newton companies offer services in the United States. 

BNY Mellon Investment Management is one of the world's leading investment management organizations and one of the top U.S. wealth managers, with $1.6 trillion in assets under management. It encompasses BNY Mellon’s affiliated investment management firms, wealth management services and global distribution companies. More information can be found at www.bnymellon.com.

BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment management and investment services in 35 countries and more than 100 markets. As of March 31, 2014, BNY Mellon had $27.9 trillion in assets under custody and/or administration, and $1.6 trillion in assets under management. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available on www.bnymellon.com, or follow us on Twitter @BNYMellon.

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