Hard at Work in California
Bank of America began serving California nearly 140 years ago, starting with the Security Pacific Bank in Los Angeles and Bank of Italy in San Francisco. Bank of Italy was founded in San Francisco in 1904 by A.P. Giannini, who believed in the power of capital to change people’s lives for the better. After the 1906 earthquake, he famously loaned money on a handshake to anyone who promised to rebuild. Security Pacific Bank’s many contributions include helping secure locations for several major universities in southern California. Today, Bank of America provides services to half of all American households and lends billions of dollars to help spur economic growth.
Jan 05, 2011
Boyle Heights is an emerging community in East Los Angeles, which has long been a gateway for immigrants to the United States. Today, it is home to a large population of young, working class Latinos… learn More about Improving Economic Opportunity Through Volunteerism and Workforce Training
Sep 24, 2011
In an era of budget cuts to arts funding, nonprofit Inner-City Arts offers arts education—free of charge—to kids from the city’s poorest neighborhoods… learn More about Inner-City Arts Brings Kids to a Serene Urban Campus, Providing Access to the Arts
Seeing Opportunity in the Renewable Energy Market, Power-One Secures Financing to Grow to Meet Demand
Nov 06, 2011
Solar arrays and wind farms are the first step in generating clean energy. But the energy needs to be efficiently converted so it is usable by utilities, businesses and homes—which is where L.A.-based Power-One has found a profitable market… learn More about Seeing Opportunity in the Renewable Energy Market, Power-One Secures Financing to Grow to Meet Demand
Nov 01, 2011
See how a passion for doing what they loved led Gina and Vince Marsaglia to open a thriving Pizza Port and craft brewery business in San Diego… learn More about Pizza and Craft Brew: A Recipe for Entrepreneurial Success in San Diego
Nov 01, 2011
Homelessness, poverty, incarceration and drug addiction contribute to San Francisco’s 11.6% poverty rate. These crippling social problems impact not only the individuals experiencing them, but also surrounding communities… learn More about Working on Bikes to Break the Cycle of Poverty
*Over $20.7 million in nonprofit support for California in 2012.