Leadership Development
Bank of America Community Volunteer events help develop our employees' leadership, management and communication skills, in addition to delivering immediate community benefits. Going above and beyond their professional responsibilities, our employees drive our volunteer programs at the local level. They recruit, organize and help execute volunteer events, working in partnership with local nonprofits. We’re proud of their commitment and initiative in striving each day to make a difference in our communities.
Events and Education
Our employees participate in many nationwide events that help make a real, tangible difference in people’s lives. One example is the United Way Day of Caring. Once a year, our volunteers roll up their sleeves to help refurbish local nonprofit facilities like domestic violence centers, youth group homes and senior citizen centers.
We also support many vital educational and assistance programs like the CHOICES education group, which helps educate students about the importance of making the right decisions for a successful future. Our employees participate in the CHOICES program in more than 450 communities across the United States. We also support programs like Junior Achievement and Banking on the Future.
Getting Valuable Tax Refunds and Credits
Bank of America employees contribute their time, working nights and weekends at Volunteer Income Tax Assistance sites across the country, to help low-income tax filers obtain tax refunds. More than 40 employees lent a hand in 2011. Their efforts are part of Bank of America's Volunteer Income Tax Assistance sites across the country, to help low-income individuals. Through volunteers and philanthropic support, our investment has helped benefit 65 communities and resulted in more than $500MM in Earned Income Tax Credit refunds (a federal government refund for low-income individuals) and more than $1.5 billion in total tax refunds to more than 1 million tax filers. Our efforts help people save hundreds of dollars on tax preparation fees. That puts money back in people’s pockets, helps families and puts valuable funds back into local communities.
Ocean Conservancy
Bank of America has supported Ocean Conservancy’s International Coastal Cleanup (ICC) since 2002. Held each September, hundreds of thousands of volunteers from countries all over the world spend a day picking up everything from cigarette butts and food wrappers to lost fishing nets and major appliances. Because trash travels to the ocean by way of storm drains and waterways, they don’t just work along ocean beaches; participants slog through mud and sand along lakes, streams, and rivers, too, often working far inland.
In 2011 we were proud to achieve true global participation in ICC with volunteers across the United States being joined by volunteers in Hong Kong, Sao Paulo, London, Madrid, Chennai, Mumbai and San Jose, Costa Rica. In all, 3,079 volunteer hours were dedicated to the International Coastal Cleanup in 2011, a 46% increase over 2010.
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