The money will help support early childhood education initiatives and teacher training.
"Each of these organizations has done exemplary work supporting children and families so that they can prosper and reach their potential," said Jim Hansen, PNC regional president for Eastern Carolinas in a statement. "These grants reflect our commitment to the education of young children in southeast Raleigh and demonstrate our confidence in their future success."
The grant recipients are:
The PNC Foundation receives its funding from The PNC Financial Services Group and focuses its philanthropic efforts on helping young children across the country.
"PNC's generous grants represent a commitment to eliminate disparities in academic performance and social determinants of well-being for the youngest residents of southeast Raleigh," said Kia E. Baker, executive director of Southeast Raleigh Promise in a statement. "We are proud to play a role in this initiative."
PNC Bank employees are also being encouraged to volunteer at the pre-K programs.
The company gives workers up to 40 hours of paid time off each year to volunteer with programs helping young children.