The Bank of America Charitable Foundation recently announced $466,000 in grants to Connecticut nonprofits, including the Diversity Center in Farmington, to help connect the unemployed, underemployed, veterans, youth and those with disabilities to training and employment opportunities. The Diversity Center is one of 28 Connecticut nonprofits receiving funding as part of nearly $1 million given by the Foundation to Connecticut workforce development programs over the last nine months.
“These organizations have a track record of success when it comes to helping residents secure stable, well-paying jobs,” said Kevin Cunningham, Connecticut president, Bank of America. “Helping build additional capacity will result in an even greater impact, which is good news for the local economy.”
The Diversity Center, a nonprofit, diversity education program, creates partnerships between CT schools, pairing inner-city schools with suburban ones. The program allows 4th, 5th and 6th grade students to develop and nurture new friendships with students from communities that are different from their own.
The Bank of America Charitable Foundation is awarding grants to more than 1,050 nonprofits across the country that support workforce development and education initiatives. According to estimates provided by grant recipients, the funding will enable community organizations to reach nearly nine million people, match more than 115,000 youth with mentors, and help approximately 27,000 students graduate with a degree or certification. The funding is part of the company’s intensified philanthropic focus on three core issues vital to the economic health of communities – housing, jobs and hunger – and represents an important component of Bank of America’s commitment to making communities better places in which to live and do business.
For more information on nonprofit programs and services that may qualify, or to submit an application for grant funding, please visit www.bankofamerica.com/foundation.
Bank of America Corporate Social Responsibility Bank of America’s commitment to corporate social responsibility (CSR) is a strategic part of doing business globally. Our CSR efforts guide how we operate in a socially, economically, financially and environmentally responsible way around the world, to deliver for shareholders, customers, clients and employees. Our goal is to help create economically vibrant regions and communities through lending, investing and giving. By partnering with our stakeholders, we create value that empowers individuals and communities to thrive and contributes to the long-term success of our business. We have several core areas of focus for our CSR, including responsible business practices; environmental sustainability; strengthening local communities with a focus on housing, hunger and jobs; investing in global leadership development; and engaging through arts and culture. As part of these efforts, employee volunteers across the company contribute their time, passion and expertise to address issues in communities where they live and work.
Learn more at www.bankofamerica.com/about and follow us on Twitter at @BofA_Community.
For more Bank of America news, visit the Bank of America newsroom.
www.bankofamerica.com
# # #
