Bank of America today announced that more than $2.8 million has been delivered to Gulf Coast nonprofits collectively supporting short- and long-term Hurricane Harvey relief efforts. In addition to the previously announced $1 million in Hurricane Harvey relief funding the Bank of America Charitable Foundation committed to nonprofit organizations in the days following the hurricane, an outpouring of support from bank employee donations totaling more than $900,000 was also matched dollar-for-dollar through the company’s Employee Matching Gifts program.
The grants and donations are supporting local nonprofits as they continue to aid communities in their post-Harvey recovery journeys, providing funding where it is needed most to ensure partners have the resources required to best serve the individuals and families they support.
"The support from teammates across the company who were eager to support Hurricane Harvey recovery efforts is inspiring,” said Hong Ogle, Houston market president for Bank of America. “The impact of Harvey is personal to us. We serve our customers across all of these 19 communities, and 2,600 of our employees and their families live and work here. Nine months later, we still have a long road to recovery ahead of us, but Houston, Corpus Christi, and Beaumont are resilient. We will continue to provide financial and human capital to help individuals, families, businesses and our communities get back on their feet to build an even stronger economy.”
Philanthropic support will go toward local recovery efforts to include helping individuals and families navigate FEMA and IRS programs, short- and long-term shelter needs, case management, helping schools with recovery efforts, restocking the shelves at area food banks, home repairs and renovations.
Some of the organizations in the 19 impacted communities receiving funding include:
Bank of America has a longstanding commitment to responding to communities in times of disaster, including natural disasters, humanitarian crises and civil strife. Bank of America is committed to helping clients, employees and nonprofits navigate difficult times by providing the right resources to recover and rebuild.
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. Connect with us on Twitter (@BofA_News).
Reporters May Contact:
Britney Sheehan, Bank of America