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.
“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.
RELATED TOPICS:
Gomez Guilty of Murdering Los Hooligans Bass Player
5 hours ago
Biden Says It Was a Mistake to Say He Wanted to Put Trump in a ‘Bull’s-Eye’
5 hours ago
Tesla CEO Elon Musk Appears to Confirm Delay in Aug. 8 Robotaxi Unveil Event to Make Design Change
8 hours ago
Smittcamp Asks Court to Drop His Lawsuit Against Controversial NW Fresno Project
9 hours ago
Measure P Arts Grants Spark Debate and a Meeting Tonight
9 hours ago
Tedford Exits Fresno State Football. Tim Skipper Is the Next Bulldog Up.
9 hours ago
Trump Receives Enough Delegate Votes to Officially be Republicans’ Nominee
10 hours ago
Man Dies After Rescuing His 2 Children in Mississippi River
4 hours ago
Categories
![](https://gvwire.s3.us-west-1.amazonaws.com/wp-content/uploads/2024/07/15173402/A-photo-provided-by-Jesse-Pope-shows-Cody-Jay-Pope-right-with-him-in-2012.-The-authorities-found-the-body-of-Cody-Jay-Pope-a-41-year-old-Minnesota-man-who-had-disappeared-two-days-earlier-after-1024x538.jpg)
Man Dies After Rescuing His 2 Children in Mississippi River
![](https://gvwire.s3.us-west-1.amazonaws.com/wp-content/uploads/2024/07/15150557/AP24197467333843-1024x576.jpg)
Is Inflation Finally Corralled? Powell Says Federal Reserve Believes It’s Close
![](https://gvwire.s3.us-west-1.amazonaws.com/wp-content/uploads/2024/07/15171647/Los-Hooligans-court_1280X720-1024x576.jpg)
Gomez Guilty of Murdering Los Hooligans Bass Player
![](https://gvwire.s3.us-west-1.amazonaws.com/wp-content/uploads/2024/07/15172819/President-Joe-Biden-arrives-to-speak-to-members-of-the-media-in-Rehoboth-Beach-Del.-about-the-shooting-incident-at-Donald-Trumps-rally-in-Pa.-on-Saturday-July-13-2024.-President-Biden-said-o-1024x538.jpg)
Biden Says It Was a Mistake to Say He Wanted to Put Trump in a ‘Bull’s-Eye’
![](https://gvwire.s3.us-west-1.amazonaws.com/wp-content/uploads/2024/07/15144853/AP24197697589922_-1024x576.jpg)
Tesla CEO Elon Musk Appears to Confirm Delay in Aug. 8 Robotaxi Unveil Event to Make Design Change
![](https://gvwire.s3.us-west-1.amazonaws.com/wp-content/uploads/2024/07/15120621/lawsuit-against-respiratory-care-facility_1280X720-1024x576.jpg)
Smittcamp Asks Court to Drop His Lawsuit Against Controversial NW Fresno Project
![The Wines of Fresno: Tony Kirk, Birdstone Winery](https://gvwire.s3.us-west-1.amazonaws.com/wp-content/uploads/2024/07/12152749/Tony-Kirk-Birdstone-Winery-016-1-1024x576.jpg)