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Corporate Philanthropy

5/7/13 5:00 am EDT

Bank of America and Vital Voices have convened a mentoring forum in Singapore, which brings together several influential women from the public and private sector who are committed to strengthening women’s economic empowerment across developing nations in Southeast Asia.

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5/1/13 8:01 am EDT

National conservation organization American Forests announced today that it has received a $250,000 grant from the Bank of America Charitable Foundation to conduct urban forest assessments in five U.S. cities over the next six months. The selected cities are Asbury Park, N.J.; Atlanta, Ga.; Detroit, Mich.; Nashville, Tenn.; and Pasadena, Calif.

It is estimated that urban trees in the lower 48 states remove approximately 784,000 tons of air pollution annually, with a value of $3.8 billion1. Our more...

4/2/13

Bank of America Merrill Lynch today announced it is working alongside Graffiti Life and Tate to deliver a public arts education project in London. The project is part of the company’s unique arts and culture programme, which is designed to connect individuals, organisations and cultures to help build stronger communities through mutual respect and understanding.

This unique initiative has engaged 60 young people from Southwark and Lambeth who are not in education, employment or training, to more...

3/22/13 6:32 am EDT

The Bank of America Charitable Foundation has recognized Samaritan Inns, Inc. and the Arlington Partnership for Affordable Housing Inc. (APAH) as part of its Neighborhood Builder® program. The recognition awards high-performing nonprofits that have made a significant impact in the community working in the bank’s priority funding areas of housing, jobs and hunger relief.

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1/30/13 5:00 am EST

Bank of America today announces the 2013 Museums on Us program roster featuring many of America’s favorite arts, cultural and historical institutions. From large metropolitan cities including Los Angeles, Calif. to local towns such as Windsor Locks, Conn., Museums on Us provides a cultural benefit to cardholders nationwide.

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1/22/13 5:00 am EST

The Bank of America Charitable Foundation today announced it will provide nearly $22 million in grants to over 1,000 nonprofits across the U.S. that address immediate critical needs, such as hunger and shelter, to longer-term solutions that promote financial wellness through access to benefits and resources. 

The majority of grants will support nonprofits serving low-income communities that have been disproportionately affected by the economic downturn, with over half of the funding to more...

11/13/12 5:39 am EST

Bank of America and Feeding America announced today that the bank will provide a two-for-one match of donations to Feeding America’s holiday “Give a Meal” program. Through this match, individuals and customers will be able to triple the impact of their donations and provide meals to people in need.  

This is the third year that the bank has partnered with Feeding America, the nation’s leading domestic hunger relief organization.

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11/12/12 4:00 am EST

For the past two months, Bank of America has been asking people to thank our troops in various ways – in pictures, words, and with their signatures – and on Veterans Day, it has culminated in a $250,000 donation to Wounded Warrior Project® (WWP).

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11/9/12 8:44 am EST

The Bank of America Charitable Foundation today announced a partnership with the George W. Bush Institute through a $1 million grant to help fund the Military Service Initiative (MSI), which unites the efforts of individuals, businesses, nonprofits, and universities to find solutions to improve the well-being and economic security of our veterans.

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10/30/12 1:06 pm EDT

The Bank of America Charitable Foundation today announced it will donate $1 million to support relief efforts in the wake of Hurricane Sandy including $500,000 to the American Red Cross Hurricanes 2012 fund. As relief efforts evolve in the coming weeks, the remaining $500,000 will be directed to national, regional and local nonprofits to support long-term recovery needs.

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10/16/12 5:30 am EDT

Today, Bank of America and Vital Voices convened a mentoring forum in India, which will bring participants to both New Delhi and Mumbai to explore the critical function that women can play in moving the nation forward economically, politically and socially.

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9/13/12 10:00 am EDT

Continuing its long history of support for active members of the military, veterans, and their families, Bank of America has launched a campaign that will raise up to $250,000 for Wounded Warrior Project (WWP). Titled “Express Your Thanks,” the broad-ranging campaign asks consumers, employees and sports fans to make simple gestures of gratitude that will each generate a $1 donation from the Bank of America Charitable Foundation*. “Express Your more...

8/15/12 5:00 am EDT

Bank of America today released its annual Corporate Social Responsibility (CSR) Report to provide an overview of the social and environmental impact of its businesses and efforts to create value for shareholders, customers and clients, and the communities it serves.

The report highlights the progress made to deliver fai more...

7/23/12 7:00 am EDT

The Bank of America Charitable Foundation today announced that it is awarding $22 million in grants to nonprofits that build and rehab affordable housing, offer foreclosure prevention services and homeowner counseling, and provide other services intended to revitalize neighborhoods and help working families find and keep suitable homes.

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7/2/12 9:00 am EDT

Bank of America today announced a $25,000 commitment to the American Red Cross Mile High Region to aid victims of the wildfires sweeping across parts of Colorado. The Waldo Canyon fire alone has already destroyed nearly 350 homes and forced the evacuation of 35,000 people, surpassing the 257 homes damaged recently by another wildfire near Fort Collins.

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6/25/12 10:00 pm EDT

Today Bank of America and Vital Voices convened a mentoring forum in Cape Town, South Africa, to develop a global action plan to engage the international community in increasing the number and impact of women leaders as decision-makers.

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6/21/12 12:30 am EDT

LONDON – Wahida Tasnim, a 14-year-old student from Mulberry School for Girls was last night named winner of the Bank of America Merrill Lynch 2012 Student Presentation Skills Final.

Tasnim impressed the audience after delivering a passionate speech on climate change.

She beat stiff competition from the eight other finalists, following a series of competitive heats and semi-finals at schools across Tower Hamlets.

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6/11/12 1:30 am EDT

Bank of America today announced a new 10-year, $50 billion environmental business goal to help address climate change, reduce demands on natural resources and advance lower-carbon economic solutions. The company also introduced significant new goals to reduce the environmental impact of its own operations.

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6/4/12 1:30 am EDT

The Bank of America Charitable Foundation announced today that it is inviting U.S. nonprofit organizations to submit funding proposals for local programs that address the nation’s high unemployment rate. The company will invest $15 million in workforce development and educational programs connecting individuals to employment success.

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5/2/12 7:00 am EDT

The Bank of America Chicago Marathon today announced that Wesley Korir, the newly crowned Boston Marathon champion, will return to run Chicago’s fall classic for the fifth consecutive year. Korir is the first elite athlete announced for the 35th running of the Bank of America Chicago Marathon on Sunday, October 7.

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5/20/13 12:40 pm EDT

CHARLOTTE, N.C.--(BUSINESS WIRE)--Bank of America today announces the 2012 Museums on Us® roster featuring many of the most renowned arts, culture and educational institutions across the United States, from Miami, Fla., to Anchorage, Alaska. Museums on Us offers Bank of America and Merrill Lynch debit and credit cardholders free admission to more than 150 of the nation’s most exciting cultural venues across 91 cities on the first full weekend of every more...

5/20/13 12:40 pm EDT

NEW YORK--(BUSINESS WIRE)--In nearly 90 percent of high net worth households, women are either the sole decision maker or an equal partner in decisions about charitable giving, according to the Bank of America Merrill Lynch 2011 Study of High Net Worth Women’s Philanthropy, released today. The power and influence of women in philanthropy may mean that some charitable organizations will need to adapt their messaging and strategies to appeal to women’s more...

5/20/13 12:40 pm EDT

CHARLOTTE, N.C.--(BUSINESS WIRE)--Bank of America today announced the selection of Community Development Financial Institutions (CDFIs) that will receive $55 million in low-interest loans and grants through the company’s innovative Energy Efficiency Finance Program.

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5/20/13 12:40 pm EDT

OAKLAND, Calif.--(BUSINESS WIRE)--As part of its partnership with the East Bay Economic Development Alliance, the Bank of America Charitable Foundation today announced it has awarded $280,000 in grants to eight East Bay nonprofit organizations to support local workforce development efforts through the East Bay Community Foundation’s Workforce Development Fund, which supports projects and programs creating employment opportunities for low- and moderate- more...