Bank of America Charitable Foundation Awards $1.1 Million to Nonprofits

The Bank of America Charitable Foundation celebrated its annual “Detroit Day of Giving” on November 14, which focuses on ensuring individuals and families in metropolitan Detroit have access to the tools and resources that support economic mobility including basic needs and services. The Foundation distributed $1.1 million in community giving to 39 local Detroit nonprofits in 2018. Additionally, the bank contributed nearly $3 million in Michigan through grants, sponsorships, contributions by bank employees and matching gifts. Twelve employee teams and more than 100 Bank of America teammates volunteered and visited the organizations in metro Detroit, learning firsthand the impact the grants will have on the nonprofits’ goals. The grants are a part of the bank’s philanthropic investments that are aimed at improving the lives of individuals and families and the communities in which they live.