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Synchrony Employees Spread Seasonal Cheer through "Season of Caring" to Support Stamford Community

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Synchrony (NYSE: SYF) hosted its 'Season of Caring' celebration at its Stamford headquarters, where over 200 employees partnered with nine local charities. The initiative resulted in donations including 300 bags of winter clothing, 50 bikes and helmets, 2,000 backpacks with school supplies, and 250 student holiday gift bags.

The company's executives participated in an Ice Bucket Challenge, raising $25,000 for charities. Through a 'Friendsgiving' campaign, Synchrony matched food donations with the goal of providing 1 million meals. Since 2014, Synchrony has donated over $70 million to nonprofits, while employees have contributed 120,000 volunteer hours and approximately $25 million in matched contributions through 2023.

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On the day this news was published, SYF gained 1.49%, reflecting a mild positive market reaction.

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STAMFORD, Conn., Dec. 6, 2024 /PRNewswire/ -- As the winter chill sets in, Synchrony (NYSE: SYF) wrapped Stamford in a warm embrace with its "Season of Caring" celebration. The company's Stamford headquarters buzzed with benevolence during the "Day of Caring," where more than 200 heart-driven employees teamed up with nine local lifelines to sprinkle a little holiday magic across the community.

Charity partners this year were Boys and Girls Club of Stamford, Filling in the Blanks, Homes for the Brave, Kids in Crisis, Mercy Learning Center, Horizons New Canaan Country School, Pacific House, Toys for Tots Lower Fairfield County, and Person to Person.

Some heartwarming donations collected include more than 300 bags of winter clothing, 50 bikes and helmets, 2,000 backpacks filled with school supplies and 250 gift bags for a student holiday party.

On campus, Synchrony executives participated in an Ice Bucket Challenge to raise $25,000 total divided by their charities of choice.  Also, a "Friendsgiving" campaign collected food, and Synchrony doubled each donation with the goal of donating 1 million meals. 

Synchrony has always embraced the spirit of giving back with more than $70 million donated to nonprofit and community organizations since 2014. Additionally, employee volunteer hours have totaled 120,000 through 2023 and employee matched contributions have reached approximately $25 million

About Synchrony 

Synchrony (NYSE: SYF) is a premier consumer financial services company delivering one of the industry's most complete digitally-enabled product suites. Our experience, expertise and scale encompass a broad spectrum of industries including digital, health and wellness, retail, telecommunications, home, auto, outdoor, pet and more. We have an established and diverse group of national and regional retailers, local merchants, manufacturers, buying groups, industry associations and healthcare service providers, which we refer to as our "partners."  We connect our partners and consumers through our dynamic financial ecosystem and provide them with a diverse set of financing solutions and innovative digital capabilities to address their specific needs and deliver seamless, omnichannel experiences.  We offer the right financing products to the right customers in their channel of choice. For more information, visit www.synchrony.com.  

Media Contact: 

Tyler Allen
Tyler.allen@syf.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/synchrony-employees-spread-seasonal-cheer-through-season-of-caring-to-support-stamford-community-302325080.html

SOURCE Synchrony Financial

FAQ

How much has Synchrony (SYF) donated to nonprofits since 2014?

Synchrony has donated over $70 million to nonprofit and community organizations since 2014.

What were the main donations during Synchrony's (SYF) 2024 Season of Caring?

The main donations included 300 bags of winter clothing, 50 bikes and helmets, 2,000 backpacks with school supplies, and 250 gift bags for a student holiday party.

How many employee volunteer hours has Synchrony (SYF) recorded through 2023?

Synchrony employees have contributed 120,000 volunteer hours through 2023.
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