Neighborhood Builders® is part of our broader efforts to build thriving communities by addressing issues fundamental to economic mobility. Today, cross-sector partnerships are critical in order to move our community forward, and through the Neighborhood Builders program, we work with leaders in our community to empower local organizations and connect them to tools for success. Since 2004, through Neighborhood Builders, we’ve helped nonprofits create greater community impact and better prepare for the future by providing the tools and resources they need to develop stronger strategic plans, chart a succession plan, navigate through tough economic times, and enhance their funding opportunities.
As part of their award, these high-performing nonprofits receive leadership development and $200,000 in flexible funding, join a network of peer organizations across the U.S. and have the opportunity to access capital in order to expand their impact in the community. Since the program’s inception, Bank of America has invested more than $180 million in 900 nonprofit organizations across the country, providing leadership resources to nearly 2,000 nonprofit leaders, and the program has been recognized as the nation’s largest philanthropic investment in nonprofit leadership development.
Neighborhood Builders illustrates how strong cross-sector partnerships and local community leaders can play a meaningful role in positioning communities for success. The awardees are selected by a local market selection committee with representation by local community leaders from diverse sectors.