Bank of America recently announced it is awarding grants to 27 different non-profit organization that are serving children living in poverty in Arizona. The aim of the grants is to aid organizations that help remove the barriers that prevent people from achieving economic stability—particularly through providing shelter, food, and children’s services.
In total, Bank of America will award $750,000 to the 27 non-profits, down slightly from its award of $775,000 in 2017. The funds come at a much needed time, as Arizona continues to place lower in the rankings of education and child well-being lists.
Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small- and middle-market businesses, institutional investors, large corporations, and governments worldwide. It operates through four segments: Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking, and Global Markets.
This was reported by bizjournals on June 30, 2018.
Contact Information: Bank of America Corporate Center, 100 North Tryon Street, Charlotte, North Carolina 28255; (704) 386-5681; Website: www.bankofamerica.com