Philanthropic Program has trained more than
4,000 leaders at nearly 2,000 US nonprofits since 2004
CHARLOTTE, N.C., Dec. 3, 2024
/PRNewswire/ -- Bank of America is celebrating two decades of its
signature Neighborhood Builders® program—one of the country's
largest and longest-standing philanthropic investments in
leadership—providing funding and leadership training to nonprofits
advancing economic mobility across the U.S.
Since 2004, Bank of America has invested more than
$346 million in grants to nearly
2,000 nonprofits and helped more than 4,000 nonprofit leaders
strengthen their leadership skills.
"Empowering community leadership through training and resources
is a powerful and unique way we've found to help nonprofits
maximize their long-term impact in local communities," said AJ
Barkley, Head of Corporate Social Responsibility (CSR), Bank of
America. "After 20 years, we continue to invest in this program
because it leads to success for the nonprofits and the communities
they support."
Annually, Neighborhood Builders provides multi-year flexible
funding to local nonprofits and prioritizes leadership training and
development for nonprofit executives. As leaders engage in their
training, they also develop and become part of a large network of
nonprofit leaders nationwide to discuss challenges, share best
practices and make connections that lead to new opportunities. The
program is designed to help high-impact nonprofits improve their
current operations while continuing to serve and innovate for the
future.
This year, the bank honors 250 nonprofit leaders from more than
150 nonprofits in nearly 100 communities across the U.S.
Bank of America
Bank of America is one of the world's leading financial
institutions, serving individual consumers, small and middle-market
businesses and large corporations with a full range of banking,
investing, asset management and other financial and risk management
products and services. The company provides unmatched convenience
in the United States, serving
approximately 69 million consumer and small business clients with
approximately 3,700 retail financial centers, approximately 15,000
ATMs (automated teller machines) and award-winning digital banking
with approximately 58 million verified digital users. Bank of
America is a global leader in wealth management, corporate and
investment banking and trading across a broad range of asset
classes, serving corporations, governments, institutions and
individuals around the world. Bank of America offers
industry-leading support to approximately 4 million small business
households through a suite of innovative, easy-to-use online
products and services. The company serves clients through
operations across the United
States, its territories and more than 35 countries. Bank of
America Corporation stock is listed on the New York Stock Exchange
(NYSE: BAC).
For more Bank of America news, including dividend announcements
and other important information, visit the Bank of America newsroom
and register for news email alerts.
Reporters may contact:
Carla Molina
Phone: 1.512.397.2402
carla.molina@bofa.com
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SOURCE Bank of America Corporation
