The Bank of America Charitable Foundation announced more than $2.5 million in grants this year to nearly 70 non profits throughout Delaware.
The goal, according to a release, is to help individuals and families build better financial lives. These grants will strengthen the economic and cultural foundation of local neighborhoods by supporting job skills training, affordable housing, and basic necessities such as food and shelter.”
Workforce development and education, community development and basic human services are among the Foundation’s top priorities here and elsewhere, the release stated.
“When people in Delaware can secure jobs with livable wages, afford a place to call home and put food on the table, our state succeeds,” said Chip Rossi, Delaware market president at Bank of America. “Jobs, housing and hunger are the cornerstones of thriving communities and financial stability, which is why these causes are so important to us.”
Rossi continued, “another facet of the community impact we hope to make comes from our employees. Many of them regularly volunteer, helping these nonprofits make the most of their grant resources.”
A few examples of the local nonprofit organizations receiving funding are:
– Challenge Program, to help teens and young adults access employment training and job placement, as well as overcome any barriers to reaching financial stability as they enter adulthood.
Food Bank of Delaware, to help support its Mobile Community Nutrition and Education Program, which includes a new mobile pantry truck.
– Habitat for Humanity of New Castle County and Inter-Neighborhood Foundation, to help in the construction of 17 new town homes on land previously donated to these partners by the bank that will revitalize home ownership in the east side Wilmington community.
As part of its efforts, employee volunteers across the company contribute their time, passion and expertise to address issues in communities where they live and work. Further information is available at www.bankofamerica.com/about and follow on Twitter at @BofA_Community.
