Elizabeth Gurney will take over as head of the KeyBank Foundation, when its president and CEO, Margot James Copeland, retires in June.
Gurney has served as executive director of the First Niagara Foundation since 2011. She will retain that role, and remain based in Buffalo, when she takes over leadership of the KeyBank Foundation.
After Cleveland-based KeyBank acquired First Niagara Bank in 2016, the First Niagara Foundation became an independent private foundation that works collaboratively with Key. The two foundations remain separate from each other, but the First Niagara Foundation has moved into a "spend-down mode," and expects to continue making grants until 2022.
"KeyBank’s mission of helping the communities we serve thrive aligns with the First Niagara Foundation’s mission and uniquely positions us to make a difference in all of our markets and build partnerships that have transformative effects on our neighbors, education and workforce development," Gurney said.
Copeland is KeyBank's director of philanthropy and civic engagement. In that role, she is also president and CEO of the KeyBank Foundation.