Citizens Awards $20,000 Grant to The Floating Hospital

The funding recognizes local community service through the bank's partnership with New York Road Runners.

Updated on Oct. 22, 2026 in Philanthropy

Citizens Awards $20,000 Grant to The Floating Hospital

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Dan Paparelli, a Queens resident, earned a 2026 Citizens Miles That Matter Award for his service and directed a $20,000 grant to The Floating Hospital. This contribution supports the nonprofit's Camp Rise Up initiative for homeless teens.

Why it matters

The grant program rewards individuals whose service goes beyond the racecourse while providing critical funding for local organizations. This initiative reflects the bank's ongoing commitment to community support in the city.

Citizens is distributing $100,000 in total grant funding across five award recipients this year. The grant awarded to The Floating Hospital is expected to provide essential resources for approximately 100 homeless teens through Camp Rise Up.

The players

Citizens

A financial services institution that entered the New York City market in 2022 and maintains a flagship branch in Flushing.

The Floating Hospital

A nonprofit organization that provides healthcare and support services to underserved populations in New York City.

Dan Paparelli

A Queens resident and recipient of the 2026 Citizens Miles That Matter Award for his community service.

New York Road Runners

A nonprofit organization dedicated to running events and community programs in New York City.

The details

Recipients of the Miles That Matter program, created by Citizens and New York Road Runners, each select a nonprofit to receive funding. Paparelli and other honorees will run the 2026 TCS New York City Marathon as part of Team Citizens.

Citizens entered the New York market in 2022.
Citizens awarded Miles That Matter grants in 2026.
Recipients run the TCS New York City Marathon in November 2026.

Market Landscape

This philanthropic initiative highlights the bank's efforts to integrate into the New York City market since its 2022 expansion. By leveraging partnerships with prominent local entities like New York Road Runners, the firm establishes deeper roots within the local community.

The program brings financial support directly to local nonprofits serving the community, such as those assisting homeless teens. Residents can monitor future program eligibility as the bank continues its local market outreach.

The takeaway

The Miles That Matter program underscores how corporate sponsorships can bridge the gap for community-focused nonprofits. Supporters can get involved by identifying local organizations that benefit from similar service-driven grant initiatives.