Bank of America’s CEO was honored on April 7 by the New York City Police Foundation at their annual gala in recognition of the longstanding support the Bank has provided to the organization. NYC Mayor Bill de Blasio and NYC Police Commissioner William Bratton thanked Brian Moynihan at the event for the bank’s dedication to the NYPD.
“Now, perhaps more than ever, it is imperative that the NYPD receives all of the resources it needs to keep New York City the safest big city in the world,” said Susan Birnbaum, President & CEO of the New York City Police Foundation. “We are only able to do the work that we do because of the generosity of our donors like Bank of America who understand the true value of public-private partnerships.”
We are only able to do the work that we do because of the generosity of our donors like Brian Moynihan and Bank of America who understand the true value of public-private partnerships.
President & CEO of the New York City Police Foundation
The NYC Police Foundation Gala helps raise the critically needed funds that directly impact the safety and security of the city for all New Yorkers. This year’s Gala raised a record breaking $4 million in support of the Foundation’s work.
In addition to helping raise the $4 million, Moynihan also pledged an additional $500,000 from Bank of America that evening in support of the NYPD’s Model Precinct Program. This model incorporates Neighborhood Policing, Community Partners, and other communications initiatives in a precinct-by-precinct effort to build trust between the police and the public they serve. The program also aims to restore the patrol officer to the role of the problem solver and community guardian, one who knows the neighborhood and works closely with residents. The bank’s financial commitment provides half of the funding necessary to support the launch of the program that will benefit 100 facilities across the city.