PNC is best understood as a major U.S. bank with impact relevant activity concentrated in community development finance, affordable housing and small business lending, nonprofit and foundation investment management, and grantmaking rather than as a pure play impact manager. Its strongest impact edge is using a large bank balance sheet, community development platform, and nonprofit investment infrastructure to move capital into low and moderate income communities while also serving institutional nonprofits through OCIO, planned giving, and donor advised fund administration.
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