The Elizabeth O'Neill Verner Awards
The Palmetto Bank
2007 Recipient for Business
Celebrating 100 years of service in South Carolina, The Palmetto Bank illustrates its commitment to the arts by working to enrich the cultural organizations in all of the communities it serves. In addition to providing monetary support, the bank encourages arts participation with its highly visible corporate art collection of works from more than 30 South Carolina artists. In addition, the bank sponsors several cultural events, provides technical and communications expertise, and encourages its employees at all levels to volunteer their time, energy and talents.
With a quarter of its philanthropic budget allocated to the arts, the bank contributed more than $80,000 to 13 arts programs last year. Most recently, it announced a $250,000 endowment for the Spartanburg Museum of Art's permanent art collection—increasing the bank's arts budget allotment for the arts from 25 to 33 percent. Palmetto Bank employees in Upstate South Carolina work to promote the arts within their communities by organizing art contests, displaying student art work, and by volunteering their time and expertise at local arts events.

