Canadian Imperial Bank of Commerce Employees' Charitable Trust

The Canadian Imperial Bank of Commerce Employees' Charitable Trust (business registration number 870090768RR0001) is a Canadian nonprofit organization affiliated with the Canadian Imperial Bank of Commerce (CIBC). It operates as a charitable trust primarily focused on philanthropic activities supported by the employees of CIBC, aiming to contribute to community development and social causes.

Overview

This charitable trust is part of CIBC’s broader commitment to corporate social responsibility, which includes donations and sponsorships targeting sectors such as children’s welfare, health, and social and economic development. The trust mobilizes the collective efforts of CIBC employees to support various registered charities and not-for-profit organizations throughout Canada.

Purpose and Activities

The trust’s main objective is to leverage employee-driven philanthropy to address critical community needs. Focus areas typically include:

• Supporting children’s programs and initiatives
• Enhancing health-related projects
• Promoting social and economic development

These efforts align with CIBC’s wider corporate giving program which emphasizes impactful community partnerships and charitable funding.

Registration and Compliance

The Canadian Imperial Bank of Commerce Employees' Charitable Trust is recognized as a registered charity by the Canada Revenue Agency (CRA), complying with all regulatory requirements for charitable organizations in Canada. This status allows the trust to operate with transparency and provides donors with the benefit of tax receipts for their contributions.

Relationship With CIBC

While the trust operates independently as a registered charity, it is closely linked to CIBC as it is funded and supported by the bank’s employees. This connection supports CIBC’s corporate responsibility framework, which includes various community and sponsorship programs aimed at making a meaningful difference in communities.

This summary reflects the trust’s role in facilitating employee-driven philanthropy within the framework of CIBC’s corporate social responsibility initiatives.