Bank Of America Charity Gives More Than $800K In 2015

The Bank of America Charitable Foundation announced recently that more than 45 nonprofits in Palm Beach County have been awarded more than $800,000 in grants in 2015. Newly revealed in the fourth quarter is the charity’s Neighborhood Builders Recipient, the Palm Beach County Food Bank, which has received $200,000 in flexible funding.

“Palm Beach County is guided by the extraordinary work being done by our nonprofit organizations that are helping our communities thrive,” said Fabiola Brumley, the bank’s market president for the county. “As we reflect back on 2015, Bank of America is honored to join our partners in helping strengthen the economic health of our community.”

As the recipient of the Neighborhood Builders Grant, the Palm Beach County Food Bank will use the $200,000 donation to launch Food4OURKids, a program that will give kids backpacks with nutritious meals for them and their families on Fridays throughout the school year in order to provide food for their families through the weekend. Additionally, the grant provides leadership training to the food bank so that it can continue to develop and teach skills to its executive team.

Also announced in the fourth quarter, Bank of America awarded grants to 14 nonprofits that will directly tackle issues related to basic human services throughout the county. The grants will help individuals and families address financial stability issues facing low-income communities, provide emergency shelter and supportive short-term housing, as well as access to benefits and resources including food pantries, shelters and financial coaching.

Throughout 2015, the Bank of America Charitable Foundation has awarded more than $800,000 to 45 nonprofits through its three annual grant periods and the Neighborhood Builders award. The grants benefit organizations that support issues related to workforce development and education, community development and revitalization, and basic human services.

The bank’s philanthropic mission also extends to its employees, who have donated nearly 8,000 volunteer hours to date to nonprofit organizations in Palm Beach County as part of the company’s annual goal to donate 2 million volunteer hours nationally. Additionally, the bank supports employee giving to qualifying charitable organizations.