Please ensure Javascript is enabled for purposes of website accessibility
Bank of America Delivers $1 Million in Local Grants Amid Pandemic
GV-Wire-1
By gvwire
Published 3 years ago on
January 5, 2021

Share

With COVID-19 ravaging Fresno and Visalia, Bank of America responded by doubling its philanthropy and awarding $1 million to 42 local nonprofits and communities in 2020.

Portrait of Mark A. Riley, senior vice president, Bank of America

“By directing philanthropic capital locally, we can address the most immediate needs while helping our most vulnerable communities become more resilient and positioned for success moving forward.” — Mark Riley, president, Fresno-Visalia region, Bank of America

The bank’s response to the pandemic focused on emergency response, food insecurity, community development, online education, and personal protective equipment for essential workers, including farmworkers, according to a company news release.

Highlights of the bank’s giving included buying a refrigerated van to help the Fresno Rescue Mission’s food distribution efforts, funding additional temporary housing at the Poverello House for 60 people nightly, and providing emergency grants for frontline workers at Community Medical Centers.

“This year has been a challenge for everyone, but especially so for essential workers and area residents working in industries particularly hard-hit by the pandemic,” said Mark Riley, Fresno/Visalia market president, Bank of America. “As a major company and employer, Bank of America recognizes that we have a responsibility to support our local communities however we can. By directing philanthropic capital locally, we can address the most immediate needs while helping our most vulnerable communities become more resilient and positioned for success moving forward.”

In 2019, Charlotte, N.C.-based Bank of America granted $500,000 to nonprofits and communities in Fresno, Tulare, and Merced counties.

Organizations can apply online for Bank of America grants at www.bankofamerica.com/foundation.

 

Employees Donate 2,100 Volunteer Hours

In addition, local Bank of America employees gave back through virtual volunteerism with more than 2,100 volunteer hours to causes and projects across the region in 2020.

As an essential business, Bank of America also invested in the health and economic stability of its own employees during the pandemic. The bank raised its minimum wage to $20 an hour and expanded family benefits. Among them: increasing childcare reimbursement to $100 per day, providing meal subsidies, and giving supplemental bonus pay to essential workers serving the daily banking needs of clients.

DON'T MISS

Trump Criticizes Judge and His Daughter After Gag Order in Hush-Money Case

DON'T MISS

House Speaker Mike Johnson Headed to Fresno on April 4

DON'T MISS

Police Had About 90 Seconds to Stop Traffic Before Baltimore Bridge Fell. 6 Workers Are Feared Dead

DON'T MISS

NBC Has Cut Ties With Former RNC Head Ronna McDaniel After Employee Objections, Some on the Air

DON'T MISS

Chinese Leader Xi Issues a Positive Message to US Business Leaders as Ties Improve

DON'T MISS

Fresno Mayor Dyer Is the Man in Japan

DON'T MISS

Cargo Ship Lost Power, Issued Mayday Before Hitting Baltimore’s Bridge

DON'T MISS

Trump’s Social Media Company Soars Nearly 50% in Its First Day of Trading on Nasdaq

DON'T MISS

Supreme Court Appears Likely to Preserve Access to Abortion Medication Mifepristone

DON'T MISS

Court Agrees to Pause Trump’s Civil Fraud Judgment if He Puts up $175M

No data was found

Trump Criticizes Judge and His Daughter After Gag Order in Hush-Money Case

14 hours ago

CA Insurance Market ‘in Chaos,’ Says Former Insurance Commissioner. Can Lara Fix It?

14 hours ago

Stock Market Today: S&P 500 Sets a Record After Wall Streets Breaks Out of Its Lull

14 hours ago

House Speaker Mike Johnson Headed to Fresno on April 4

15 hours ago

Bredefeld, Smittcamp Debate the Salary of Valley Children’s CEO

15 hours ago

CA’s Liberal Government Has a Long History of Caving to Special Interests

15 hours ago

Corrupt Process? Bullard, Edison Parents Blast Handling of Superintendent Search

15 hours ago

Police Had About 90 Seconds to Stop Traffic Before Baltimore Bridge Fell. 6 Workers Are Feared Dead

17 hours ago

NBC Has Cut Ties With Former RNC Head Ronna McDaniel After Employee Objections, Some on the Air

17 hours ago

Here Are Some Numbers That Will Help You Get Your March Madness Fix for the Sweet 16

17 hours ago

Ukrainian Navy Says a Third of Russian Warships in the Black Sea Have Been Destroyed or Disabled

KYIV, Ukraine — Ukraine has sunk or disabled a third of all Russian warships in the Black Sea in just over two years of war, the navy spokes...

8 hours ago

8 hours ago

Ukrainian Navy Says a Third of Russian Warships in the Black Sea Have Been Destroyed or Disabled

Composite image of President Trump and Devin Nunes
12 hours ago

Wired Wednesday: How Going to Work for Trump Turned Devin Nunes Into a Millionaire

13 hours ago

Former Sen. Joe Lieberman, Democrats’ VP Pick in 2000, Dead at 82

14 hours ago

Trump Criticizes Judge and His Daughter After Gag Order in Hush-Money Case

14 hours ago

CA Insurance Market ‘in Chaos,’ Says Former Insurance Commissioner. Can Lara Fix It?

14 hours ago

Stock Market Today: S&P 500 Sets a Record After Wall Streets Breaks Out of Its Lull

15 hours ago

House Speaker Mike Johnson Headed to Fresno on April 4

15 hours ago

Bredefeld, Smittcamp Debate the Salary of Valley Children’s CEO

MENU

CONNECT WITH US

Search

Send this to a friend