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    CIT Awards $15,000 to Canadian Charities
    Second Harvest and Food for Life Win Top Two Prizes in Third Annual CIT Foodortunity Contest
    Wednesday, September 16, 2015 08:30 AM
    We are thrilled with the results of this year’s Foodortunity campaign, which will benefit two well deserving organizations in Canada.

    CIT Group Inc. (NYSE: CIT) cit.com, a leading provider of commercial lending and leasing services, today announced that it has awarded $10,000 to Second Harvest, the largest food rescue program in Canada, and $5,000 to Food for Life, the largest food recovery organization in the Halton region, after they received the top votes in CIT’s third annual online Foodortunity contest.

    CIT’s Foodortunity contest is designed to increase awareness of local community organizations that focus on providing food and meals to those in need. Over the course of the six-week voting period, individuals could choose from among 14 charities to determine which one should receive the $10,000 grand prize, while the runner-up would receive $5,000 and third place would receive $2,500. Out of 338,790 total votes cast, Second Harvest received 110,750 votes and Food for Life earned 80,453 votes. Third place went to God’s Pit Crew in Danville, Virginia with 72,677 votes. 

    “We’re extremely grateful to receive this donation from CIT, which will help us rescue and deliver fresh, nutrient-dense food to feed people experiencing hunger,” said Debra Lawson, Executive Director of Second Harvest. “This grant will most certainly make a difference to support those in need. As a ‘write-in’ food charity, we’re thankful for the nomination and to everyone in our social media community who voted for Second Harvest in this unique campaign. And to CIT, we thank you for this Foodortunity!”

    Brenda Hajdu, Executive Director of Food for Life, said, “We deeply appreciate the support of CIT and our voters and are pleased to be the beneficiary of this contest for the second year in a row. These funds will help us to recover more than 2 million pounds of fresh, nutritious food slated for landfills to provide for the equivalent of 6,000 meals per day. We are grateful to CIT for their continued support in battling hunger and for helping us to serve close to 100 food banks and hunger relief organizations."

    Stacy Papas, Director of Philanthropy and Community Involvement for CIT, said, “We’re pleased to support Second Harvest and Food for Life and assist in their efforts to deliver food to those in need. Since we first launched our Foodortunity contest in 2013, participation has grown more than 1,000 percent. We are thrilled with the increased level of engagement and the growing popularity of this program, which not only provides funds to local charities, but provides exposure for the great work that they do in the communities in which our employees live and work.”

    Blake Macaskill, Managing Director, CIT Canada, said “We are thrilled with the results of this year’s Foodortunity campaign, which will benefit two well deserving organizations in Canada.”

    In 2015, CIT employees have collected more than 80 tons of food and goods, and donated more than 8,000 hours of their time to support their communities.

    About Second Harvest
    Established in 1985, Second Harvest is the largest food rescue charity in Canada. Second Harvest rescues fresh, surplus food that would otherwise go to waste and delivers that food to more than 200 social service agencies in Toronto, feeding people experiencing hunger. In 30 years, Second Harvest has rescued and delivered over 100 million pounds of good food, thus preventing 50 million pounds of greenhouse gases from entering the atmosphere. Second Harvest’s vision: No Waste. No Hunger. secondharvest.ca

    About Food for Life
    Food for Life collects surplus perishable food (fruits and vegetables, dairy, meat and prepared foods) from both retail and wholesale food suppliers, farms and grocery stores, and is the largest food recovery organization in the Halton region. A volunteer powered, grassroots-driven organization led by a small staff, Food for Life employs just seven full-time staff yet utilizes approximately 800 volunteers from the community to mobilize its mission. This year, Food for Life will distribute millions of pounds of donated food—equivalent to 2 million meals annually—from its partners to serve nearly 100 food banks and hunger relief organizations. foodforlife.ca

    About CIT
    Founded in 1908, CIT (NYSE: CIT) is a financial holding company with more than $65 billion in assets. Its principal bank subsidiary, CIT Bank, N.A., (Member FDIC, Equal Housing Lender) has more than $30 billion of deposits and more than $40 billion of assets. It provides financing, leasing and advisory services principally to middle market companies across more than 30 industries primarily in North America, and equipment financing and leasing solutions to the transportation sector. It also offers products and services to consumers through its Internet bank franchise and a network of retail branches in Southern California, operating as OneWest Bank, a division of CIT Bank, N.A. cit.com

    CIT MEDIA RELATIONS:
    C. Curtis Ritter
    Senior Vice President of Corporate Communications
    (973) 740-5390
    Curt.Ritter@cit.com

    Matt Klein
    Vice President, Media Relations
    (973) 597-2020
    Matt.Klein@cit.com

    CIT INVESTOR RELATIONS:
    Barbara Callahan
    Senior Vice President
    (973) 740-5058
    Barbara.Callahan@cit.com

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