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Philanthropy

Phoenix nonprofits awarded grants from Bank of America

$800,000 investment from BofA to address workforce development, health

Posted 7/28/24

Bank of America recently announced more than $800,000 in grants to 30 Phoenix nonprofit organizations to drive meaningful and sustainable progress to help tackle society’s biggest challenges.

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Philanthropy

Phoenix nonprofits awarded grants from Bank of America

$800,000 investment from BofA to address workforce development, health

Posted

Bank of America recently announced more than $800,000 in grants to 30 Phoenix-area nonprofit organizations  to help tackle society’s biggest challenges.

This first round of grants the company awards to local nonprofits throughout the year is focused on improving the lives of individuals and families by investing in jobs and health.

Economic growth is directly correlated to a community’s access to quality education, skills training and employment opportunities. That's why the bank is focused on supporting a range of workforce development opportunities, including education, upskilling and reskilling programs that will help individuals and families stabilize and advance in Phoenix’s
competitive economy, according to bank officials.

“Our focus in Phoenix is to create access and opportunities for local talent to not just find employment but build lasting careers that can support families in Phoenix,” Scott Vanderpool, president of Bank of America Phoenix, said in a release.

A New Leaf is a 2024 grant recipient and local nonprofit that recognizes the needs of families and individuals struggling with poverty and instability are complex.

It offers a variety of services such as case management, basic needs assistance, life skills development, budget coaching, benefits enrollment, employment support, transportation assistance, children’s services and referrals to other needed community resources.

Other organizations receiving grants include: Teach for America Inc., Boys and Girls Club of Scottsdale Inc., Junior Achievement of Arizona, Arizona Council on Economic Education, St. Mary’s Food Bank Alliance, Live and Learn Program, Boys and Girls Club of the Valley Inc., ICAN (Improving Chandlers Area Neighborhoods), New Pathways for Youth Inc., Center for the Future of Arizona, Arouet Foundation, Fresh Start Women’s Foundation, Be a Leader Foundation, Chicanos Por la Causa Inc., Greater Phoenix Chamber Foundation, Southwest Autism Research and Resource Center, Dress for Success Phoenix, Human Services Campus Inc., Valley of the Sun United Way, Save the Family Foundation of Arizona, Native Health, Child Crisis Arizona, Homeless ID Project, Back-to-School Clothing Drive Association, 1N10 Inc., United Food Bank, Diocesan Council for the Society of St. Vincent de Paul Diocese Phoenix, UMOM New Day Centers Inc., and Nourish PHX.

These grants build on the $19 million Bank of America provided to Valley organizations since 2019, and are part of the bank’s longstanding commitment to supporting economic opportunity for diverse people and communities, according to bank officials.

Additional background about Bank of America’s Charitable Foundation giving can be found here.