Abayomi Community Development Corporation,
Racquet Up Detroit announced as 2022 Neighborhood Builders
Awardees
DETROIT, Nov. 17,
2022 /PRNewswire/ -- Today, Bank of America
celebrates its annual "Day of Giving," connecting more than 100
employees with the bank's community partners to volunteer with
organizations helping to advance economic mobility and racial
equality in Detroit. In addition
to the volunteer visits, the day includes a small business
roundtable, a luncheon with bank teammates and partners, and a
special "GIVE" celebration event.
In 2022, the Bank of America Charitable Foundation Detroit
Market awarded more than $3.6 million
in community giving grants to 64 Metro Detroit area nonprofits.
Overall, Bank of America Corporation contributed more than
$6.6 million in Michigan through grants, investments,
sponsorships, and engagements. These partnerships focus on ensuring
individuals and families in Michigan have access to tools and resources
improving economic mobility, and to essential services such as
emergency shelter, affordable housing, access to food, and
financial education.
"Any time we can volunteer and work with our community partners
to create consistent pathways to employment, job training and job
creation, entrepreneurship and stable neighborhoods, we will do
it," said Matt Elliott, President,
Bank of America Michigan. "As Metro Detroit families continue to
work toward a better future, Bank of America will continue to work
by their side whenever we can to deliver the support they need
through our trusted partners."
Organizations receiving grants this year include:
Abayomi CDC
|
Coalition on Temporary
Shelter (COTS)
|
ACCESS
|
College for Creative
Studies (Design Core)
|
Accounting Aid
Society
|
Connect
Detroit
|
Alternatives for
Girls
|
Detroit Economic Growth
Corporation
|
American Red Cross of
SE Michigan
|
Detroit Educational
Television
|
Arab American National
Museum
|
Detroit Impact
Inc.
|
Big Brothers Big
Sisters of Metropolitan Detroit
|
Detroit LISC
|
Brilliant
Detroit
|
Detroit PAL
|
Build
Institute
|
Detroit Regional
Chamber Foundation Inc.
|
Catholic Charities of
Southeastern Michigan
|
Detroit Rescue Mission
Ministries
|
Chaldean American
Ladies of Charity
|
Develop Detroit
|
Chaldean Community
Foundation
|
Michigan Science
Center
|
Flint Institute of
Arts
|
Midnight Golf
Program
|
Focus Hope
|
Motown
Museum
|
Food
Gatherers
|
New ERA Community Group
Inc.
|
Forgotten
Harvest
|
NPower Inc.
|
Gleaners Community Food
Bank of Southeast Michigan
|
Pope Francis
Center
|
Global
Detroit
|
Racquet Up
Detroit
|
Goodwill Industries of
Greater Detroit
|
The Salvation Army
Eastern Michigan Division
|
Great Lakes Women's
Business Council
|
SAY Detroit
|
Greening of
Detroit
|
SER-Metro Detroit Jobs
for Progress
|
Habitat for Humanity
Detroit
|
South Oakland
Shelter
|
Habitat for Humanity
International
|
Southwest Economic
Solutions
|
Haven
|
Teach for America
Inc.
|
Invest Detroit
Foundation
|
The Edison Institute
(The Henry Ford)
|
Jefferson East
Inc.
|
The Greening of
Detroit
|
Jewish Family Services
of Washtenaw County
|
The Michigan Women's
Foundation
|
Jewish Vocational
Service and Community Workshop
|
The Wright Museum of
African American History
|
Junior Achievement of
Southeastern Michigan
|
United Way for
Southeastern Michigan
|
Michigan Community
Resources
|
Wayne State
Medical
|
Michigan Humane
Society
|
Wayne State University
Research & Technology Park
|
Michigan Minority
Supplier Development Council (MMSDC)
|
YMCA of Metropolitan
Detroit
|
Bank of America's Day of Giving includes a small business
roundtable with local partners to discuss the current business
environment and identify opportunities to provide support. It will
end with GIVE, an event celebrating the bank's local partners,
this year's Student Leaders®, and its 2022 Neighborhood
Builders awardees.
Abayomi Community Development Corporation (Abayomi CDC) and
Racquet Up Detroit are Detroit's 2022 Neighborhood Builders. Each
organization will receive $200,000 in
flexible funding, as well as comprehensive leadership training for
their leadership teams that will cover topics ranging from
increasing financial sustainability, human capital management, and
strategic storytelling. They also will join a network of peer
organizations across the U.S. and get the opportunity to access
capital to expand their impact.
Established in 1998, Abayomi CDC was founded on principles of
faith, family and personal achievement. As a human services
organization, Abayomi strives to provide access to housing,
education, arts, wellness, and economic resources to all members of
the community.
A bank partner since 2008, Abayomi CDC will use the Neighborhood
Builders grant for facility renovations and to launch their new
community wellness program, 'Be Well'. The program will allow
Abayomi CDC to catalyze, motivate, and sustain individual and
communal efforts towards improving physical, mental, and emotional
health.
"Abayomi is honored to be an awardee of the Neighborhood
Builders Initiative through Bank of America. We look forward to
continuing our efforts to uplift Detroiters and build strong
families for the future," said Hannah
Morris, Deputy Director, Abayomi
CDC.
Racquet Up Detroit serves Detroit students from fifth grade through
college, offering academic support and world-class coaching in
squash.
The bank has worked with Racquet Up Detroit since 2016. The
organization's leaders plan to use their Neighborhood Builders
grant to expand enrollment in their afterschool youth development
program, launch new programming beyond the afterschool hours in
partnership with neighborhood schools, and to support their Career
Pathways program.
"The Bank of America Neighborhood Builders award is a
game-changer for Racquet Up Detroit, as it will enable us to make
good on the promise of our new facility by activating the spaces
for community impact," said Derek
Aguirre, executive director, Racquet Up Detroit.
"Specifically, we will grow enrollment and serve more kids and
families, while also adding broader community programs to increase
access to the sport of squash, educational support, and other
resources. And, perhaps most importantly, we will be able to
make valuable investments in the leadership of the organization
thanks to the development and training opportunities provided. We
are thrilled to have Bank of America behind us in these important
ways."
In the last decade, Bank of America awarded $39 million in support to fund partner
initiatives, and its employee volunteers have spent thousands of
hours on the ground helping to strengthen these important
organizations.
Bank of America
At Bank of America (NYSE: BAC), 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 www.bankofamerica.com, and connect with us on Twitter at
@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.
Reporters may contact:
Naomi R. Patton, Media Relations,
Bank of America
Phone: 1.646.855.4266
naomi.patton@bofa.com
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SOURCE Bank of America Corporation