Bank of America today announced that in partnership with local nonprofits across the country, it has distributed more than 25 million masks since last summer as part of its ongoing efforts to address health-related disparities accelerated by the coronavirus. In addition to masks, the company has also distributed more than 160,000 bottles of hand sanitizer and 4 million gloves in local communities, with a particular focus on communities of color. The work is connected to Bank of America’s $1 billion four-year commitment to advance racial equality and economic opportunity.
“Blacks and Hispanic-Latinos are more likely to have chronic health conditions than non-Hispanic whites and 50 percent more likely to contract coronavirus,” said Ebony Thomas, Bank of America’s Racial Equality and Economic Opportunity executive. “Bank of America continues to help address coronavirus related health care disparities and other urgent needs by partnering with local nonprofits to distribute PPE to the most vulnerable populations.”
Organizations that have received PPE from the bank, in partnership with the Bank of America Charitable Foundation, are primarily serving low-to-moderate income communities and communities of color, including families and youth, homeless populations, frontline workers, small businesses, schools and health centers, including:
This effort builds on Bank of America’s commitment to support vulnerable communities, including $350 million in philanthropic donations provided last year to address needs related to food insecurity, health, housing workforce training and education and more. In addition, Bank of America has partnered with CVS Health to provide free flu vaccine vouchers to under-resourced communities across the U.S. for the 2020-2021 flu season.
For more information on the bank’s support of employees, clients and communities during this time, see the latest updates here.
At Bank of America, we’re guided by a common purpose to help make financial lives better, through the power of every connection. We’re delivering on this through responsible growth with a focus on our environmental, social and governance (ESG) leadership. ESG is embedded across our eight lines of business and reflects how we help fuel the global economy, build trust and credibility, and represent a company that people want to work for, invest in and do business with. It’s demonstrated in the inclusive and supportive workplace we create for our employees, the responsible products and services we offer our clients, and the impact we make around the world in helping local economies thrive. An important part of this work is forming strong partnerships with nonprofits and advocacy groups, such as community, consumer and environmental organizations, to bring together our collective networks and expertise to achieve greater impact. Learn more at about.bankofamerica.com, and connect with us on Twitter (@BofA_News).
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.
Vanessa Cook, Bank of America