Bank of America Awards Nearly $250,000 to Rhode Island Nonprofits Addressing Local Workforce Development and Education Needs

The Bank of America Charitable Foundation announced $247,500 in grants to 14 Rhode Island nonprofits aimed at helping connect the unemployed, underemployed, youth and those with disabilities to training and employment opportunities.

“Providing support services for jobseekers is a critical component of moving our economy forward,” said Bill Hatfield, Rhode Island president, Bank of America. “Whether it’s a young person looking for a first job or someone hoping to reenter the workforce, these organizations offer the know-how that can help them succeed.”

Providence organizations receiving grants:

• Accion USA
• Amos House
• Boys & Girls Club of Pawtucket
• Boys & Girls Clubs of Providence
• City Year
• Junior Achievement of Rhode Island
• Providence After School Alliance
• Teach for America

• College Visions
• Dorcas International Institute of Rhode Island
• The Genesis Center
• Providence College
• Year Up
• New Urban Arts

“Thanks to investors like Bank of America, City Year AmeriCorps members are able to help hundreds of Providence students realize their potential and find a road to college and career success, preparing them to contribute to the vitality and sustainability of the Rhode Island economy,” said City Year Rhode Island Executive Director, Jennie Johnson. “Through their service, our AmeriCorps members are supporting the right students at the right time to help them to realize their full potential.”

Last year, Bank of America invested more than $200 million globally to help address pressing issues, as part of a 10-year goal to invest $2 billion in nonprofit organizations engaged in improving the health and vitality of communities.

For more information, including how qualifying nonprofits can submit an application for grant funding, visit www.bankofamerica.com/foundation.

Bank of America Corporate Social Responsibility

Bank of America’s commitment to corporate social responsibility (CSR) is a strategic part of doing business globally. Our CSR efforts guide how we operate in a socially, economically, financially and environmentally responsible way around the world, to deliver for shareholders, customers, clients and employees. Our goal is to help create economically vibrant regions and communities through lending, investing and giving. By partnering with our stakeholders, we create value that empowers individuals and communities to thrive and contributes to the long-term success of our business. We have several core areas of focus for our CSR, including responsible business practices; environmental sustainability; strengthening local communities with a focus on housing, hunger and jobs; investing in global leadership development; and engaging through arts and culture. As part of these efforts, employee volunteers across the company contribute their time, passion and expertise to address issues in communities where they live and work. Learn more at www.bankofamerica.com/about and follow us on Twitter at @BofA_Community.