Bank of America has been part of the South Carolina community for 130 years and is committed to helping the Midlands and the entire state continue to grow and prosper. The Bank of America Charitable Foundation provides philanthropic support to address needs vital to the health of the state’s economy through a focus on workforce development and education, community development, and critical needs such as hunger and emergency shelter.
This month, the Foundation announced more than $165,000 in new local grants in Columbia to support vital workforce development and education programs to help people succeed in school, in financial health and in being prepared to enter the workforce. Statewide, the Foundation has granted more than $350,000 in 2016 to support workforce development and education initiatives.
in 2015, Bank of America and its employees gave more than $3 million in grants, sponsorships and donations to South Carolina charities and nonprofits. Bank of America doubles the impact of employee giving by matching employee donations dollar-for-dollar.
Bank of America also promotes volunteerism and offers employees 2 hours of leave per week to do volunteer work. In South Carolina, 1,500 bank employees across the state performed more than 17,500 volunteer hours last year.
The newly announced new Midlands community grants will support workforce development and education, as well as continued flood relief support. More than $165,000 in grants went to the following local non-profit partners to support their efforts in workforce development and education:
- Boys and Girls Clubs of the Midlands
- City Year
- Columbia College
- Columbia Museum of Art
- Columbia Urban League
- Communities in Schools
- Junior Achievement
- Midlands Middle College
- Midlands Tech College Foundation
- SC Foundation for Educational Administration
- United Way of South Carolina
- Youth Corp
Bank of America is also continuing to support the United Way of the Midlands with a $75,000 grant for flood rebuilding efforts. This is in addition to the $150,000 that the Bank of America Charitable Foundation granted to the United Way of South Carolina last October for flood relief, as well as a $100,000 grant to the American Red Cross of South Carolina.
In the coming months, Bank of America will provide details on additional local grants that will be made in the areas of housing and hunger.